Cimdata Logo

Industry Summary Articles

Thursday, January 17, 2019

Propel Announces Enterprise Technology Marketing Veteran, Ashley Stirrup as Newest Member of Company’s Board of Directors

Propel today announced Ashley Stirrup will join the company’s board of directors. Stirrup will join the board alongside Matt Holleran, General Partner at Cloud Apps Capital Partners, Sean Jacobsohn, Partner at Norwest Venture Partners. and Ray Hein, Chief Executive Officer and founder of Propel as an independent director.

Stirrup brings over 28 years of experience on the front lines of software sales and marketing. His career spans both large public companies, including Citrix, Siebel Systems and Taleo, and startups such as Ultriva and Elance. He currently serves as the Chief Marketing Officer for Talend (TLND), a global leader in cloud data integration, and has helped the company scale it’s business from $50 million to $200 million in the last five years. Talend held its IPO in July of 2016.

“I couldn’t be more excited to join the Propel team. Companies large and small are transforming their businesses and digitally enabling their products and services,” said Stirrup, Independent Board Member at Propel. “Propel is in an incredibly unique position help their customer’s unlock innovation by breaking down the barriers between R&D, manufacturing, sales and marketing.”

“We are thrilled to have Stirrup join the board as his extensive experience in enterprise software marketing will be a great addition to the team, helping us as we scale our overall go-to-market efforts,” said Ray Hein, Chief Executive Officer and founder of Propel. “We believe Stirrup’s years working in cloud-native enterprise software, specifically within product strategy and marketing, will provide Propel with additional strength as we seek to expand our position in the sector.”

Propel’s platform was built explicitly for the cloud, removing companies’ needs for expensive and clunky traditional on-premise solutions. The platform is the only cloud-first solution to combine PLM, PIM and QMS directly on Salesforce, making it easy to integrate with existing Salesforce data and equip brands with invaluable insights to make smarter decisions on creating, marketing, and selling products that people want.

The announcement comes on the heels of Propel’s $18 million Series B funding round led by Norwest Venture Partners, bringing the company’s total capital raised to $28 million. In its last fiscal year, Propel saw more than 500 percent in revenue growth and a 300 percent increase in customers, which include some of the world’s fastest growing startups such as Peak Design, Desktop Metal, and FlexGen.

For more information about Propel, please visit www.propelPLM.com.  

To view the original press release, please click here.

Search for Propel on CIMdata.com

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM Benefits Appraisal Guide

CIMdata’s PLM Benefits Appraisal Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

This report presents CIMdata’s overview of the worldwide CAM software and services market. It also includes a discussion on the trends in the CAM industry and updates on the top CAM solution providers.