Software Industry Leader Joe Juliano Joins Summit Partners Executive-in-Residence Program
MENLO PARK, Calif., September 8, 2017-- Global growth equity investor Summit Partners today announced the addition of Joe Juliano to the firm’s Executive-in-Residence (“EIR”) program. In this role, Juliano will work closely with Summit’s Technology team to identify new investment opportunities in high-growth enterprise application software companies.
Mr. Juliano joins Summit’s EIR program from IQNavigator, a provider of SaaS technology and services that enable businesses to better source, manage and pay their non-employee and flexible workforces. Juliano joined IQNavigator as President and CEO in 2013 and led the company through a phase of rapid growth and margin expansion. In 2016, Mr. Juliano facilitated the merger of IQNavigator with its largest competitor. Previously, Mr. Juliano was the President of RedPrairie, a provider of supply chain and workforce management software. During his three-year tenure, the company completed six acquisitions, optimized its go-to-market model, and ultimately accelerated organic revenue growth. Prior to RedPrairie, Juliano served as President and CEO of PrimeRevenue and held several sales and operations leadership positions with various application software companies.
“We have been following Joe’s career for several years and have been continually impressed by his collaborative approach to management and his capability to drive growth,” said Summit Managing Director Peter Rottier. “His interests and expertise overlap with our team’s focus, and we are thrilled to partner with him as we seek new opportunities within the application software sector.”
“Summit has a phenomenal reputation and almost two decades of experience effectively leveraging their EIR program,” said Juliano. “I’m incredibly excited to work alongside the Summit team in this role – to participate in the sourcing process from the start and to work with a business post-investment to drive growth and build value.”
“We’re thrilled to welcome Joe to our EIR program,” said Summit Managing Director C.J. Fitzgerald. “He brings a wealth of experience to the role, and we look forward to benefiting from his deep expertise in the enterprise software sector.”
Summit has been active in the software sector for more than three decades. Since the firm’s founding in 1984, Summit has partnered with more than 135 software companies in growth-oriented segments including enterprise, mobile, cloud and SaaS, big data and analytics, infrastructure and security.
Summit’s EIR program is an established and successful element of the firm’s growth-oriented investing strategy. Since its inception in 1999, the program has facilitated collaboration between seasoned industry executives and Summit’s sector teams, working to identify investment opportunities, conduct due diligence, and create and support value creation plans for the companies with which Summit has partnered.
About Summit Partners
Founded in 1984, Summit Partners is a global alternative investment firm that is currently investing more than $9.5 billion into growth equity, fixed income and public equity opportunities. Summit invests across growth sectors of the global economy and has invested in more than 440 companies in technology, healthcare, life sciences and other growth industries. These companies have completed more than 140 public equity offerings, and more than 170 have been acquired through strategic mergers and sales. Notable software and SaaS companies financed by Summit include Avast, Clearwater Analytics, Darktrace, Gainsight, HelpSystems, Hyperion Solutions, Infor, McAfee, Perforce, Telerik, TSheets, WebEx and Visier. Summit maintains offices in North America and Europe, and invests in companies around the world. For more information, visit www.summitpartners.com or on Twitter at @SummitPartners.
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