Experience management solutions firm Qualtrics has appointed David Faugno as its new CFO, based at the company's Provo, UT headquarters.
Faugno spent more than ten years as CFO at security and data protection specialist Barracuda Networks, as it grew from 100 to 1,500 employees and c.$20m to nearly $400m in annual billings. He led the acquisition of eleven companies and helped lead its IPO in 2013. Earlier he was Senior Director of Corporate Finance - M&A at Cisco Systems, CFO for Actona Technologies and spent 8 years at AT&T, including as CFO of the EMEA region. He is a graduate of Rutgers University with an MBA from Duke University.
Co-founder and CEO Ryan Smith says of the hire: 'We couldn't be more excited to add David to the Qualtrics team. His experience helping to scale an early stage, high growth start up to a public company is incredibly unique. As Qualtrics continues to scale, we'll benefit a great deal from the experience David brings to the table'.
Starting out as a DIY survey technology firm, Qualtrics now helps clients to manage 'the four core experiences of business - customer, product, employee and brand experiences - on one platform'. Earlier this year, it raised $180m in a Series C round of funding, valuing the business at $2.5 billion.
Web site: www.qualtrics.com .