New board members give Alteryx a powerful foundation to aggressively target the growing business analytics market
Irvine, CA - November 1, 2011 - Alteryx, Inc., a business intelligence analysis company focused on empowering organizations with simple and industry-specific analytic applications, today announced the appointment of four new directors to its corporate board. The new directors are Joanne Moretti, vice president, sales excellence, Hewlett-Packard; Steve Fink, chief executive officer, Malibu Ventures; John Bellizzi, senior vice president, Thomson Reuters Professional Division; and Jai Das, managing director of SAP Ventures. Collectively, the new directors offer decades of experience in guiding and funding high-potential companies; strong networks and ties within the technology, VC and financial communities; and valuable insight into Alteryx's market and its competitors.
"At Alteryx, we offer a suite of agile analytics solutions designed to disrupt the current market and empower people to unify and analyze all relevant information to make smarter business decisions," said Dean Stoecker, chairman and CEO of Alteryx, Inc. "We see the same in these corporate board appointments, a unified team of world-class leaders in sales, research and development, private investment and general business counsel that will inform and guide our product and corporate path enabling Alteryx to take ground in the industry."
"My decision to join the corporate board at Alteryx was fueled by the tremendous growth the company has already experienced, but moreover the growth potential yet to be realized," said Joanne Moretti. "I've had 25+ years of successful selling and developing strong sales teams as a result of an unmitigated focus on customer needs and proposing solutions that are timely, relevant and differentiated. Alteryx's agile BI applications hit all three of these key areas and do so at a very exciting time in our industry - when customer expectations have changed dramatically, seismic shifts in technology consumption & delivery models are occurring and data is being digitized at an unprecedented rate. Alteryx's strategy and solutions will be disruptive in the space because they help enterprise customers affordably capitalize on all of these shifts and their precious data in order to accelerate their results. This is exciting to me."
Joanne Moretti brings to Alteryx her tremendous social influence and relevant industry relationships established over years as a top-performing sales leader. Moretti is an award-winning senior executive, industry leader and author who has built and led enterprise IT sales teams in Canada and the United States. A field and corporate strategist, she was recognized within Computer Associates (CA) for taking both market and wallet share from competitors such as BMC, IBM and Sun. Under Moretti's leadership, CA Canada grew an average of 33% a year for 3 years, doubling its revenue. A business thought leader, social networking enthusiast and prolific author who speaks frequently at industry events, Moretti is active in numerous IT organizations and supports/mentors several women in IT.
Steve Fink was an early investor in disruptive software/cloud companies - NetSuite among them - and for this reason is uniquely positioned to provide guidance on Alteryx's strategy for growth in the business analysis software market. Fink currently serves as chief executive officer of Malibu Ventures. For nearly a decade, Fink served as CEO of Lawrence Investments, L.L.C., a technology and biotechnology private equity investment firm that is controlled by Lawrence J. Ellison. In addition, he is vice chairman of Heron International, a European real estate development company, and a director of K-12, a NYSE-listed education company operating virtual charter schools. Fink has served on the board of NetSuite in addition to those of several privately held and public companies. He holds a B.S. from the University of California at Los Angeles as well as a J.D. and L.L.M. from New York University.
As one of Alteryx's early investors, John Bellizzi saw the vision for the convergence of market data and customer insight. Today, Bellizzi is senior vice president of Thomson Reuters Professional Division, a global provider of integrated information-based solutions. Before assuming the position in 2006, he served as senior vice president, Business Operations for Thomson Learning and executive vice president and CFO of Manning, Selvage & Lee, a worldwide public relations firm. Bellizzi's career also includes senior-level positions at Thomson Financial, Thomson Learning International, Eli Lilly & Co., Paramount Publishing, Inc. and Pepsi-Cola International.
Jai Das led Alteryx's Series A funding round and as such holds valuable insight into the company and its competitors. Das is a managing director of SAP Ventures, focusing on investments in cloud computing, open source, Internet/digital media and SaaS in the United States, while also leading SAP Ventures' investment activities in India. Prior to SAP Ventures, Das worked at corporate ventures such as Intel Capital and Agilent Ventures (formerly part of Hewlett-Packard). He was also a Principal at MVC Capital, a Draper Fisher Jurvetson affiliated late-stage venture fund. Some of the investments he has led and managed include Coghead (SAP), Infinera (INFN), MySQL (Oracle), Photobit (Micron), Primavera (Oracle) and Sygate (Symantec).
Serving as chairman of the board is Dean Stoecker, chairman and chief executive officer of Alteryx, whose leadership and motivational skills, paired with his ability to create, communicate and realize a vision, are a driving force behind the exponential growth rates of Alteryx over the last decade. Stoecker was recently joined in executive management by analytics executive and thought leader George Mathew, who is now president and COO of Alteryx, Inc. One of Alteryx's most passionate advocates, Stoecker built Alteryx from the ground up, taking very little seed capital and transforming it into a world-class analytics software company.
Solving business problems for nearly a quarter-million users worldwide, Alteryx is driving the global revolution in Agile Business Intelligence with analytics by empowering business leaders with insight and results. Through smart, extensible solutions from the desktop to the cloud, the Alteryx software platform delivers the fastest, most comprehensive consumer, business and market insights to the Fortune 500, mid-market companies, government and academia. Alteryx desktop, enterprise server, and cloud solutions integrate spatial intelligence into enterprise workflows, seamlessly scaled across local, regional and global markets. Inspiring ingenuity since 1997, Alteryx, Inc., is headqu artered in Irvine, Calif., with its Technology Center in Boulder, Colo. For more information please visit www.alteryx.com.
Alteryx is a registered trademark of Alteryx, Inc. Other products named herein may be trademarks of their respective owners and are hereby recognized.