IControl Networks, a US-based broadband management company, has hired Robert Hagerty as chief executive to replace Jim Johnson and Paul Dawes.
Both Johnson and Dawes will stay at IControl. Hagerty joined from the same role at video conferencing provider Polycom where he took revenues from $37m to $1.1bn. He is also on the boards of Intel Capital-backed Smart Technologies and Plantronics.
In June, IControl raised $50m in its series D round from a consortium of corporate venturing investors.
Although the lead investors were undisclosed energy and clean tech investors, iControl said the others included computer equipment maker Cisco, cable company Comcast, chip maker Intel, phone operator Rogers Communications and Tyco International, the parent company of ADT Security Services, as well as venture capital firms Charles River Ventures and Kleiner Perkins Caufield & Byers through its iFund.
IControl, which merged with peer uControl in November, said it had raised more than $100m, including money from US-listed conglomerate General Electric at its $23m C round in July 2009. Its $15.5m B round closed in April 2008 and $5m in its first round of funding in April 2006 by Intel and Charles River.