Progress announced the Q4 2024 release of its award-winning Progress® Telerik® and Progress® Kendo UI® component libraries.
Perfecto announced the appointment of Jim Moran as Executive Chairman of its Board of Directors.
In this newly created, full-time role, Moran will focus on helping the company accelerate its profitable growth in the DevOps and application development and QA markets, and work closely with the Perfecto board and executive team to extend the company’s market leadership and navigate its strategic growth options.
Moran brings a wealth of experience with technology startups across a variety of markets including enterprise SaaS and cloud, open source, payments, mobile commerce, and communications & infrastructure. Most recently, he was managing director at North Bridge Venture & Growth Equity Partners investing in and advising both early-stage and growth-oriented companies including mobile wallet provider Paydiant (acquired by PayPal), and endpoint security solution Confer Technologies (acquired by Carbon Black).
“The race to deliver a best-in-class digital experience has never been more fierce,” said Liron Gitig, Perfecto board member and partner at investor FTV Capital. “Perfecto’s acceleration of cycle time and faster delivery of digital services make its solutions mission-critical for software development organizations. Jim’s expertise and leadership make him the right executive to help us capitalize on this massive market opportunity.”
Prior to joining North Bridge, Moran played key leadership roles in the success of multiple startups including CEO of Covergence Networks (acquired by ACME Packet), COO of Virtusa (IPO); CRO and co-founder of edocs (acquired by Siebel/Oracle), and SVP of sales and GM at CheckFree Corporation (IPO).
“Jim brings tremendous strategic insight and operational experience to Perfecto at a time when we are seeing strong, profitable growth in a market with unlimited opportunity,” said Eran Yaniv, CEO of Perfecto. “He knows what it takes to disrupt and scale to win in big markets and is adept at developing winning go-to-market strategies to do that. His track record is exceptional and I am looking forward to working with him to maximize the tremendous potential we have here.”
“Perfecto has an enormous opportunity ahead and is extremely well positioned to capitalize now,” said Moran. “As enterprises execute on their digital strategies, their software development and QA organizations must accelerate their level of innovation and time-to-market to engage with their users in new ways using web, mobile and IoT. Perfecto is in a market-leading position to support these efforts by optimizing their software delivery pipelines and assuring flawless digital user experiences.”
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