Fugue Names New CEO
July 24, 2018

Fugue has hired Phillip Merrick as CEO.

Merrick will drive strategy and lead the company’s day-to-day operations across product, marketing and sales. Drawing on more than 20 years of experience growing enterprise software and SaaS companies, he will also lead Fugue’s efforts to educate the market about technology that changes the way enterprises address issues such as policy compliance and configuration drift in the cloud.

As founder and CEO, Merrick took webMethods public in 2000 in what was at the time the most successful software IPO to date. He grew the company’s revenue to $202 million by 2003, the strongest growth of any U.S. software company during that time. More recently, he transformed SparkPost from an on-premises email software vendor to a leader in cloud email delivery, growing recurring revenues by over three times during his tenure while being profitable in the past two years.

“There aren’t too many people qualified to run a rapidly growing software company with first-class financial backing and market-creating technology, but Phillip fits the bill,” said Josh Stella, Fugue’s co-founder and CTO. “Bringing Phillip on board will allow me to devote 100 percent of my time to the product. I’m a technologist at heart, and this gives me the opportunity to further develop Fugue’s technology. We spent the last year building an incredible team, and I’m confident that Phillip will help us grow into the company we’re capable of being.”

“I’m joining a fantastic company and team at just the right time,” said Merrick. “In my time helping companies grow their footprints in the cloud, I have become acutely aware of the need for assurance that security and compliance policies are always enforced. Only Fugue’s technology can provide this assurance with policy as code coupled with automated remediation. Josh and his team have created a strong foundation, and I am excited to help the company capitalize on it.”

Beyond his success as a technology executive, Merrick is the co-inventor and pioneer of web services and software integration technologies covered by multiple U.S. patents, including the technology leading to SOAP and REST-based web services. He is also co-inventor of VisualCV, a web-enabled, multimedia resume service with two million users. Merrick was named Entrepreneur of the Year in 2000 by both Ernst & Young and KPMG, “Tech Titan” of 2011 by Washingtonian Magazine and “CEO of the Year” in 2016 by the Tech Council of Maryland.

Share this

Industry News

March 28, 2024

Check Point® Software Technologies Ltd. announced a collaboration with Microsoft that utilizes the Microsoft Azure OpenAI Service to enhance Check Point Infinity AI Copilot, marking a significant advancement in cyber security AI applications.

March 28, 2024

ArmorCode announced ArmorCode Risk Prioritization, providing a 3D scoring approach for managing application security risks.

March 28, 2024

AppViewX and Fortanix announced a partnership to offer cloud-delivered secure digital identity management and code signing.

March 27, 2024

WaveMaker has updated its platform in response to customer demand for more sophisticated API and code management tools.

March 27, 2024

Vercara announced the launch of UltraAPI™, a product suite that protects APIs and web applications from malicious bots and fraudulent activity while ensuring regulatory compliance.

March 27, 2024

Legit Security announced the launch of its standalone enterprise secrets scanning product, which can detect, remediate, and prevent secrets exposure across the software development pipeline.

March 26, 2024

Progress announced a strategic partnership with Veeam® Software, the #1 leader by market share in Data Protection and Ransomware Recovery, to provide customers with an enterprise-ready cyber defense solution that strengthens the security of their business-critical data.

March 26, 2024

GitGuardian released its Software Composition Analysis (SCA) module.

March 26, 2024

DataStax announced a milestone in its journey to simplify enterprise retrieval-augmented generation (RAG) for developers by integrating with Microsoft Semantic Kernel.

March 25, 2024

Check Point® Software Technologies Ltd. is collaborating with NVIDIA to enhance the security of AI cloud infrastructure. Integrating NVIDIA BlueField DPUs, which feature a broad range of purpose-built, innovative security capabilities, the new Check Point AI Cloud Protect solution will help prevent threats at both the network and host levels.

March 25, 2024

Sentry announced the release of Autofix, an AI-powered feature to debug and fix code in minutes, saving important time and resources.

March 25, 2024

Apiiro announced a product integration and partnership with Secure Code Warrior, the agile developer security training platform, to extend its ASPM technology and processes to the people layer.

March 21, 2024

Progress announced that Progress® Semaphore™, its metadata management and semantic AI platform, was named a Champion in SoftwareReviews’ 2024 Metadata Management Emotional Footprint Awards.

March 21, 2024

The Cloud Native Computing Foundation® (CNCF®) has partnered with Udemy, an online skills marketplace and learning platform.

March 21, 2024

GitLab has acquired Oxeye, the provider of a cloud-native application security and risk management solution.