Cfo
Verimatrix, Inc. (Acquired By Inside Secure)
The market-leading provider of carrier-grade client-server and cloud security software systems to TV and video service providers. Top 25 global Security Tools/Systems ranking by Software Magazine.Investors: Siemens, Mission Ventures, Crescendo Ventures, Cipio Partners, Goldman Sachs, JK&B Capital, Alliance Bernstein, Industry Ventures.Built and lead team of 30 employees and contractors that perform finance, accounting, legal, HR, recruiting, IT, facilities, information systems, and light manufacturing functions for the company. Act as point person to CEO for annual operating plan and strategic initiatives (strategy formulation, M&A, and strategic partnering).HIGHLIGHTS★ Worked closely with sales team to win, contract, and support over 1000 customers in 115 countries, generating $300M in sales. Grew from startup to dominant category leader in IPTV and one of the most widely deployed suppliers in the global pay TV industry.★ Supported company scaling through closing $57M of equity and debt financings, managing recruitment of 300+ employees, playing primary roles in 2 successful acquisitions, setting up international structures, and managing facility move/upgrade with $3M construction budget.★ Guided company to strong level of profitability through budget management, ROI discipline, and generating $10M+ savings through supplier negotiations and effective tax planning. ★ Realized significant gains in visibility, control, speed, quality and efficiency for several company activities through process improvement initiatives and an ongoing progression of enterprise information system implementations, customizations, and improvements (largely centered on Salesforce.com).★ Oversaw and efficiently supported successful defenses of multiple inbound lawsuits against company through effective legal strategy and legal resource management.