Accenture Brings on Silicon Valley Entrepreneur Tom Lounibos to Lead Accenture Ventures
March 05 2020 - 7:59AM
Business Wire
Accenture Ventures to forge new relationships
with entrepreneurs, accelerating innovation for Accenture and its
clients
Accenture (NYSE: ACN) has appointed veteran Silicon Valley
entrepreneur Tom Lounibos to lead Accenture Ventures as its new
Managing Director.
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Tom Lounibos, managing director Accenture
Ventures (Photo: Business Wire)
Mr. Lounibos joins Accenture Ventures following a decades-long
career as a highly successful technology entrepreneur and founder
of six different software startups. He took two of those companies
public (Knowledgeware and Sagent Technology) and sold the other
four to larger software companies. Accenture Ventures was an
investor in his most recent company, SOASTA, which was later
acquired by Akamai.
“Tom’s proven track record as an entrepreneur and his wealth of
venture capital expertise makes him the ideal person to help us
take Accenture Ventures to the next level,” said Paul Daugherty,
group chief executive - Technology and chief technology officer at
Accenture. “His vast network of contacts in the global VC
community, and ability to connect with and earn the trust of
startup founders, will be invaluable as we grow Accenture Ventures
and extend our innovation at Accenture and for our clients.”
An expert in cloud application development and an advocate of
quality online user experiences, Mr. Lounibos has four decades of
experience serving in executive roles at early-stage software
companies and often consults with the CEOs of innovative
application software and mobile startups. His sought-after
expertise earned him board positions at several Silicon Valley
companies and a position as entrepreneur-in-residence at Crosspoint
Venture Partners.
“As an entrepreneur, joining Accenture Ventures presents a
unique opportunity to help emerging, innovative startups create and
grow, and also collaborate with some of the most admired companies
in the world,” said Mr. Lounibos. “I’m especially looking forward
to working with the Accenture team on developing new ideas and
concepts that we can bring to market together with our
clients.”
In addition, the company named former entrepreneur, technology
executive and investment banker Jake Kaldenbaugh as Managing
Director, overseeing the venture arm’s global investment strategy.
Mr. Kaldenbaugh was previously the founder and managing director of
CloudStrategies and he served as vice president of corporate
development at CA Technologies, where he oversaw strategic
corporate development across the company’s DevOps, mobility, cloud
and analytics initiatives. He was also a senior banking leader at
GrowthPoint Technology Partners, an emerging growth investment
bank.
Launched in 2015, Accenture Ventures acts as a bridge to the
global innovation ecosystem by bringing Accenture’s clients
together with best-in-class, enterprise-relevant startups to unlock
their growth potential and accelerate digital transformation. A
vital part of the Accenture Innovation Architecture, Accenture
Ventures also makes targeted equity investments in emerging
technology startups, matching their capabilities with the business
needs and priorities of Accenture’s clients.
About Accenture
Accenture is a leading global professional services company,
providing a broad range of services in strategy and consulting,
interactive, technology and operations, with digital capabilities
across all of these services. We combine unmatched experience and
specialized capabilities across more than 40 industries – powered
by the world’s largest network of Advanced Technology and
Intelligent Operations centers. With 505,000 people serving clients
in more than 120 countries, Accenture brings continuous innovation
to help clients improve their performance and create lasting value
across their enterprises. Visit us at www.accenture.com.
Copyright © 2020 Accenture. All rights reserved. Accenture and
its logo are trademarks of Accenture.
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version on businesswire.com: https://www.businesswire.com/news/home/20200305005112/en/
Hannah Unkefer Accenture +1 206 839 2172
hannah.m.unkefer@accenture.com
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