Adility Secures Funding from High Profile Investors Jeremie Berrebi (Kima Ventures), Joe Lonsdale (Palantir/ Addepar) and Pietro Dova (XG Ventures)
Funding
This first round of funding comes from a prestigious group of investors including:
Joe Lonsdale, Co-founder of Palantir Technologies and CEO of Addepar
Pietro Dova, Partner at XG Ventures
Kima Ventures, which is led by Xavier Niel and Jeremie Berrebie
Ben Malka, General Partner at North Hill Ventures, the investment arm of Capital One Financial Corporation
Plus other impressive individuals including Dror Shimshowitz (Google), Steve Miller (Highwinds), Christian Meyer and Courtney Broadus (salesforce.com), Aamer Abdullah (MI Ventures) and Peter Bordes (Media Trust).
“We are proud to be working with these amazing investors, who bring tremendous value to Adility. These new partners enable us to further our vision of enabling online to offline commerce, and unlocking the opportunities with the convergence of these two worlds. This announcement marks another milestone in our journey to provide simply the best platform for controlled online distribution for brands, retailers and merchants of their services and products with accountable offline redemption,” saysThomas Cornelius, Adility Founder & CEO.
Executive Hires
Also, the company is announcing two key hires that add experience and leadership to the Executive Team.
Brian Plackis-Cheng is Adility’s new President and COO. Prior to his appointment at Adility, Mr. PlackisCheng managed Americas and Europe business of Software.com through IPO and $6.8B exit. As a founding investor, CFO and COO of Blue Casa, Brian built an automated business platform that grew quickly to $50M of revenue and secured over $50 M in funding.
Kenneth Douglas is Adility’s new Executive Vice President Partnerships. Prior to being with Adility, Mr. Douglas launched GratisCard/Revolution Money, funded by Steve Case and Ted Leonsis, growing the merchant acceptance from 300 to over 700,000 merchant locations. Most recently, Mr. Douglas was with Twitpay a TomorrowVentures/ Eric Schmidt funded enterprise.
In addition Adility has assembled a board of advisers that include individuals from Bank of America, Google, Incomm, Sierra/ Garage Ventures and Blackhawk Networks.
