Bellevue, Wash.-based contract management software company Icertis recently made two new executive hires: Anand Subbaraman as chief operating officer and Jay Lee as chief marketing officer. Subbaraman, based in India, previously served as the president of BrowserStack and spent 17 years at Oracle in various executive roles. Lee, on the other hand, was most recently the chief marketing officer at tax software giant Avalara, with previous experience at PayPal, Swift Financial, Aimia, American Express, and GE.
Founded in 2009, Icertis reported this year that it surpassed $250 million in annual recurring revenue and was valued at $5 billion in 2021. The company has raised over $300 million in funding to date, with investors including heavyweights like SAP and SoftBank. This recent growth reflects the company’s ongoing success in the contract management software industry.
In addition to the new hires at Icertis, several other key personnel changes have taken place across the Pacific Northwest tech industry. Terry Boyle, former CEO of Zulily, has joined resale company Trove as its new CEO following a tumultuous period for Zulily that led to its bankruptcy and asset acquisition by Beyond. Simran Suri, based in New York City, has joined venture capital firm Maveron as a senior associate, bringing her experience from Equal Ventures.
Furthermore, Summer Burt, a former marketing leader at Blue Nile, has taken on the role of chief marketing officer at Seattle-area sauna and cold plunge company Redwood Outdoors. Tony Perrotta, who previously worked at healthcare companies Rhapsody and Orion Health, has joined Kirkland, Wash.-based MacroHealth as chief financial officer. Nick Quinlan, former chief operating officer at Major League Hacking, has been named executive director at Washington Business Week, a nonprofit focused on helping high school students develop professional and financial skills.
Overall, these recent executive hires and personnel changes in the tech industry of the Pacific Northwest highlight the region’s continued growth and innovation. With experienced leaders joining prominent companies like Icertis and making strategic moves across various sectors, the industry is poised for further development and success in the future.
