Melchiorre, former President of Exton-based iPipeline, gets big job with unicorn Anaplan

Tom Paine

 Subscribe in a reader
Subscribe to Philadelphia Tech News by Email

Paul Melchiorre / LinkedIn

Paul Melchiorre, former President of Exton-based iPipeline , was appointed global Chief Revenue Officer of San Francisco-based Anaplan today. Melchiorre’s appointment follows Anaplan’s recent announcement that it raised $90 million in a funding round.

Prior to iPipeline, he served as Global Vice President for Ariba, the B to B supply chain software company acquired by SAP  in 2012. Before that, he was an executive with SAP.

A graduate of Villanova (undergrad) and Drexel (MBA), Melchiorre has been omnipresent on the Philly Tech scene, working with numerous startups such as ExpenseWatch, ListenLogic and VC firm MissionOG.

One former SAP associate said on LinkedIn: "The way it was told to me, Paul basically built Ariba ... Actually I know Paul much better from his many years with SAP, where not only did he lead the company in sales but did so while being a hell of a nice guy."

Ariba was an early competitor to Malvern's Verticalnet, and both crashed in the 2000 era tech bust. But Ariba came back to survive and prosper, while Verticalnet barely hung on.

Anaplan, which calls itself "the enterprise planning cloud company", announced a $90 million round at a valuation of S1.09 billion post funding in January, and hired a new CFO. It definitely indicated it is planning for an IPO. It competes with older-line companies such as SAP, as well as other new-breed SaaS business planning startups.

Melchiorre left iPipeline after it was acquired by PE firm Thoma Bravo last year.

Links 2/4: Shares of Tableau plunge 36% after earnings report; Tech in NJ: Forget Silicon Valley, be Seattle

 Subscribe in a reader
Subscribe to Philadelphia Tech News by Email

ESPN Says Skinny Bundles Are Big. Comcast Says They’re Not. The Future of TV Is Confused. (Re/code)

uBeam doesn't want to just charge your phone — it wants to send data to it too (Business Insider)

Amid big changes in Philly media, startup Billy Penn sticks to its vision (Columbia Journalism Review)

Shares of Tableau plunge 36% after company posts $41M loss in Q4 (GeekWire)

Tech in NJ: Forget Silicon Valley; be Seattle (Asbury Park Press)

IBM Buys Germany’s, Its Third Creative Services Acquisition In A Week (TechCrunch)

Moul becomes CEO at Philly-based Cloudamize; Founder Shah to serve as chief evangelist & board chair

Tom Paine

 Subscribe in a reader
Subscribe to Philadelphia Tech News by Email

Bob Moul / LinkedIn
Bob Moul, former CEO of Boomi (sold to Dell) and Artisan Mobile (acquired by TUNE) has been named chief executive officer of Philadelphia-based Cloudamize, effective February 1. Cloudamize is a leader in cloud infrastructure analytics and cost optimization.

Khushboo Shah, who has led the company as founder since its inception, will continue to serve as chief evangelist and will chair its board of directors.

“I am thrilled that Bob has agreed to join the company,” said Shah in statement. “He has been a close advisor for many years and brings deep insights into our market, our customers, and our partners. With his proven 35-year track record in hi-tech, he is ideally suited to take Cloudamize to the next level and to achieve our vision as the leader in maximizing cloud value for our customers.”

Moul has also been a visible leader in Philadelphia's tech community. And he gave an honest self-assessment of his missteps at Artisan, which reportedly sold for less than the amount invested in it.

Cloudamize is venture-backed by MissionOG, DreamIt Ventures, and Gabriel Investments. It has received $1.2 million in venture capital, according to CrunchBase. There's been no indication yet that additional funding is tied to Moul's new role.

Moul described in a separate blog post how he met Shah four years ago when he was coaching her in an incubator program, and has worked with her ever since.

I profiled Shah and Cloudamize a
Khushboo Shah / LinkedIn
little more than a year ago, I was very impressed with what they where doing, but wondered about the company's ability to scale up in a rapidly exploding market. Moul's entry is intended to address just that.

There are so many companies named 'Cloud' around, I think it needs some explaining. Cloudamize may be complementary to CloudNexa and shares a common investor, but is not a direct competitor (at least that's how it appeared a year ago). Cloudmine and Cloudamize share some common investors and might be helpful to each other, but are really two different businesses.

First Round Capital is an investor in a Portland-based company called Cloudabilty, that's raised $16 million and does appear to be in the same space as Cloudamize.

A year ago, Cloudamize seemed focused solely on cost optimization and tracking for Amazon Web Services customers. AWS was at a $10 billion annual run rate in the 4th quarter. But Shah's plan was to expand its range of services to other clouds, It appears to have expanded to cover Microsoft Azure, the second most popular public cloud.

Curalate rases $27.5 million

Image Recognition Invades Shopping As Curalate Raises $27.5M (TechCrunch)