Unifi ropes in $17m in Series C Funding, Appoints New CEO & CFO

Big Data News

Unifi-ropes-in-17m-in-Series-C-Funding-Appoints-New-CEO-CFO Unifi ropes in $17m in Series C Funding, Appoints New CEO & CFOUnifi Software, a San Mateo, California-based software company that provides integrated suite of self-service data tools, as per recent reports, has announced appointing Matt Mosman as the company’s new Chief Executive Officer and Intekhab Nazeer as the new Chief Financial Officer.

The San Mateo-based Unifi also has recently raised $17 Million in a Series C funding round, led by Blue Cloud Ventures, a New York, NY-based venture capital & private equity firm. The just recently completed funding round was also participated by Unifi’s existing investors. With this recent Series C funding, the company to date has raised a sum total that amounts to $49 Million. Also, as part of their investment deal, Blue Cloud Ventures’ Founder and Managing Partner, Rami Rahal, will be joining Unifi, as a board member.

Mr. Mosman has quite an impressive track record under his belt as a tenured CEO, who previously served the same role in three other venture-backed startups: iCiX, Levanta, and Cerberian. Mr. Mosman also has served as the Senior Vice President of Corporate Development at Oracle Corporation, where he was in charge of all the mergers and acquisitions and headed the company’s $500 million Oracle Venture Fund.

Mr. Nazeer also has quite a tell-tale experience in his pocket. He, with his 25 years of leadership experience and impressive track record, has led many software and biotech companies all around the world to climb the success and growth ladder. Prior to his appointment at Unifi, he served as the COO and CFO at Tribal Planet. His professional career started at HCL group. Later, he served as global finance head for Solix Group before holding leadership positions at Platfora (acquired by Workday), Greenplum (acquired by EMC), Appcelerator (acquired by Axway), and Pelikan Technologies.

“I am delighted to join Unifi, a company I have been following for some time now,” states Matt Mosman, CEO, Unifi Software. “What the company has built is nothing short of amazing—delivering market leading, differentiated products to global 2000 clients. The company has a team of passionate, talented and motivated professionals and I am excited to spearhead the corporate strategy and deliver operational excellence in the next chapter of company growth at Unifi.”

“The founding team is super excited to have Matt join Unifi,” mentions Rob Carlson, Co-Founder and Chairman of the Board of Directors at Unifi Software. “Following an exhaustive search, we are fortunate to attract such a high caliber leader with a proven track record of scaling companies to the next level of growth.”

“In a really short period of time Unifi has emerged as a leader in the market for self-service data discovery and data preparation tools,” states Rami Rahal, Founder and Managing Partner, Blue Cloud Ventures. “This is a testament to the technology and team that Unifi has built and we are confident that the company is extremely well positioned for the next wave of growth.