In its second-largest acquisition, Amazon buys the company for $970 million.
The identity risk management technology developer taps John Creelman, a veteran of three IPOs, as VP of finance and CFO. Xuhui Shao, a researcher with experience in both industry and academia, is appointed as VP, analytics.
Identity risk management technology developer ID Analytics Inc. has hired to fill the newly-created position of vice president of finance and chief financial officer and promoted from within its own ranks to fill to the position of vice president, analytics, a second new job title at the company.
John Creelman, with more than 17 years of financial management experience in industries spanning software, Internet application services, networking equipment and other sectors, has been named vice president of finance and CFO. Previously, Creelman worked at companies including Western Digital Corp., the Active Network, and as CFO at Copper Mountain Networks, where he led its IPO in 1999.
“John is a great addition to our management team, bringing extensive expertise with emerging, venture-backed companies,” says Bruce Hansen, chairman and CEO. “He will be instrumental in helping guide the company into the next phase of growth.” Creelman has worked on a total of three IPOs during his career. ID Analytics, founded in 2002 and currently backed by venture capital firms Canaan Partners and Trinity Ventures, has made no announcement of plans to go public.
Xuhui Shao, whose background in industry and academia is in machine learning and computational intelligence, has been named to the newly-created position of vice president, analytics. Having joined the company in 2002, he will continue to be responsible for leading the development of core technology and advanced analytic solutions for identity fraud prevention.