New board appointments and strong financials continue company momentum
SOUTH BEND, Ind., Nov. 27, 2018 – Vennli, a content intelligence platform, today announces the appointment of Great Blue Ventures Managing Director Christopher Clapp to the company’s board of directors and Weber Shandwick COO Frank Okunak as a board advisor.
Before his time at Great Blue Ventures, Clapp was the President and CEO of disaster recovery leader, Bluelock. Under his leadership, Clapp led the company to become an industry leader in the Disaster Recovery as a Service (DRaaS) market receiving recognition as an accomplished provider with mentions in Gartner’s Magic Quadrant for DRaaS as a visionary and in the Forrester DRaaS Wave as a Leader. These accolades led to InterVision’s acquisition of Bluelock in March of 2018. With over 35 years of executive leadership experience for technology organizations, Clapp has a successful track record of developing successful teams.
“The use of machine learning and natural language processing is booming across industries,” said Clapp. “Vennli’s passion and drive to use these technologies to help marketers develop personalized, effective content strategies immediately gained my attention. The team’s dedication, focus, and continued momentum encouraged me to not only take interest in the company but become an active participant now and into the future.”
Okunak’s career at leading global communications, public relations, and engagement firm, Weber Shandwick started over 20 years ago, when he first joined the company as the CFO. Now, as the COO, Okunak maintains global management of the agency’s financial and administrative operations.
“I’m excited to have Christopher join our board. His experience as a successful founder and operator will no doubt provide immense value to our leadership team,” said Bryan Ritchie, Chairman of the Board of Directors at Vennli. “I’m also excited to have Frank join as a board observer. Frank’s global execution, knowledge of MarTech, and operations experience provide Vennli another level of oversight.”
The appointment of Clapp and Okunak adds to Vennli’s significant growth and momentum over the past couple of quarters. Vennli’s Q318 bookings performance is 173% against plan. Also, Vennli’s forecasted FY18 bookings performance represents 180% growth YoY.
“Vennli continues the momentum into next year after what is shaping up to be a very successful 2018,” said Ritchie. “Vennli’s executive team, led by Marty, has done a great job hitting current goals and planning the future of Vennli’s content intelligence platform.”
“Vennli’s momentum and growth show a lot of promise to our customers, board members, and investors on what is possible in the future,” said Vennli CEO Marty Muse. “By adding Christopher’s leadership and knowledge in scaling companies and Frank’s experience in leading global teams, we have an opportunity to expand our company exponentially and provide sophisticated marketers with technology that transforms the way they work using intelligent content.”
With the appointment of Clapp, Vennli’s board consists of seven members, including: Bryan Ritchie, Vice President of Innovation at Notre Dame; Marty Muse, CEO at Vennli; Gary Gigot, Co-founder of Vennli and benefactor of the Gigot Center for Entrepreneurship at the University of Notre Dame; Robert Dowdell, current advisory board member of Notre Dame Business School; Kevin Keleghan, President and CEO of URS; and James Thompson, former Executive Vice President at Leo Burnett and current President of CrowdMetrix.
For more information on Vennli, visit www.vennli.com.