Pareteum Corporation announced that it has appointed E-Commerce and Network Security executive Ali Davachi as the company's Chief Technology Officer and Chief Operating Officer. Mr. Davachi was previously Chief Information Security Officer and SVP of Technology at Scivantage Inc. Most recently, Davachi was Founder and CEO of Realware LLC, where he led his staff delivering strategic technology applications in e-commerce, mobile payment management, application development, and managed hosted services to some of the largest credit card companies, insurance companies and global brands.