(Bloomberg) -- Tegile Systems Inc., a seller of flash-based data storage products, hired Mike Morgan as chief financial officer, bringing in an executive with experience leading startups through initial public offerings as it plans its own share sale in 18 to 24 months.

The company, which is backed by Sandisk Corp. and Western Digital Corp., has 1,250 customers including the MLB Network and Aer Lingus, and won’t disclose its revenue, said Chief Executive Officer Rohit Kshetrapal. Tegile has seen storage system shipments grow 350 percent in the fiscal year that ends Jan. 31, he said. Morgan, most recently CFO at cloud storage software company Panzura, has previously shepherded two companies through the IPO process. He replaces Ian Edmundson in the CFO role.

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