Accenture (NYSE: ACN) has appointed Silicon Valley entrepreneur Tom Lounibos to lead Accenture Ventures as its new Managing Director.
Mr. Lounibos joins Accenture Ventures following a decades-long career as a technology entrepreneur and founder of six different software startups. He took two of those companies public (Knowledgeware and Sagent Technology) and sold the other four to larger software companies. Accenture Ventures was an investor in his most recent company, SOASTA, which was later acquired by Akamai. An expert in cloud application development and an advocate of quality online user experiences, Mr. Lounibos has four decades of experience serving in executive roles at early-stage software companies and often consults with the CEOs of innovative application software and mobile startups. His expertise earned him board positions at several Silicon Valley companies and a position as entrepreneur-in-residence at Crosspoint Venture Partners.
In addition, the company named former entrepreneur, technology executive and investment banker Jake Kaldenbaugh as Managing Director, overseeing the venture arm’s global investment strategy. Mr. Kaldenbaugh was previously the founder and managing director of CloudStrategies and he served as vice president of corporate development at CA Technologies, where he oversaw strategic corporate development across the company’s DevOps, mobility, cloud and analytics initiatives. He was also a senior banking leader at GrowthPoint Technology Partners, an emerging growth investment bank.
Launched in 2015, Accenture Ventures makes targeted equity investments in emerging technology startups, matching their capabilities with the business needs and priorities of Accenture’s clients.
FinSMEs
06/03/2020