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Screenshot of a breaking news alert e-mail from Q2 2017
Xignite, a provider of cloud-based real-time and reference market data to financial services and fintech companies for easy integration with websites, apps, and software, announced today that former Microsoft executive Mark Rowe has joined the company as its Chief Financial Officer (CFO).
Reporting to Xignite CEO and Founder, Stephane Dubois, Rowe will oversee the global finance, operations and human resources functions. Rowe joins Xignite at an important time as the company is preparing for rapid growth and international expansion, following a $20.5 million Series C funding round last year.
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Stephane Dubois, Xignite CEO and Founder said:
I am thrilled to welcome Mark to Xignite as Chief Financial Officer, Mark brings proven SaaS finance and operating expertise from highly successful companies like Amazon and Microsoft and will play a critical role in helping us execute our strategic vision for Xignite’s growth. We look forward to his contributions to our continued success.
Prior to joining Xignite, Rowe was Interim CFO and Vice President, Finance and Operations at 3D Robotics, North America’s largest provider of enterprise drones and SaaS services. At 3D Robotics his financial expertise enabled the Company to raise $40M in venture-backed funding, grow bookings by 299% year over year and implement significant improvements to financial and operational processes and systems.
Previously Rowe spent over ten years at Microsoft in various senior finance leadership roles. Most recently he was Senior Director, Finance Business Intelligence, where he defined the strategy for the Microsoft’s revenue and business intelligence reporting system.
He was instrumental in creating the financial infrastructure for Microsoft’s SaaS Cloud Services business models, Office 365 and Azure Cloud Services. Prior to Microsoft, Rowe was CFO at Myrio Corporation, a Washington-based startup and Corporate Controller at Amazon.com. He holds a Bachelor of Science and a Master of Arts in Accounting from Brigham Young University.