In its second-largest acquisition, Amazon buys the company for $970 million.
Prior to joining BuyWithMe, Scot Rosenblum held CFO positions at Brightcove, Wordwave and Individual Investor Group, where he guided the company through its initial public offering while overseeing operations, sales and marketing.
NEW YORK----BuyWithMe, one of the country's leading group buying and social commerce companies, today announced the appointment of Scot Rosenblum as Chief Financial Officer. Mr. Rosenblum will be responsible for leading all financially and administrative related initiatives. He will also work closely with the existing BuyWithMe leadership team to support the company’s rapid growth of its merchant and consumer base as well as its expansion into new markets.
“We are extremely excited to have Scot take on the role of Chief Financial Officer at BuyWithMe”
With more than 25 years of experience as a finance executive, Mr. Rosenblum possesses deep expertise in managing the financial, administrative and capital raising efforts of rapidly emerging growth companies. Prior to joining BuyWithMe, Mr. Rosenblum held CFO positions at Brightcove, Wordwave and Individual Investor Group, where he guided the company through its initial public offering while simultaneously overseeing operations, sales and marketing. He also served as the Senior Vice President of Strategic Planning and M&A at Lycos where he was instrumental in defining and executing the corporate strategic direction. He also led the company’s acquisition and investment activities in 43 countries.
"I am thrilled to join the BuyWithMe team and leverage my financial management expertise as we continue to build on our leadership position within the group buying and social commerce space,” said Mr. Rosenblum. “This is a particularly exciting time to be part of the BuyWithMe team. The Company is experiencing intense growth and I am eager to help the organization capitalize on the unique opportunities that are in front of it.”
“We are extremely excited to have Scot take on the role of Chief Financial Officer at BuyWithMe,” said Jim Crowley, President and CEO of BuyWithMe. “BuyWithMe is undergoing tremendous growth in one of the most dynamic industries to emerge since the early days of the Internet. Scot has significant experience managing organizations through the intensive growth curve we are experiencing. He is a world class executive with global experience and is a great addition to our leadership team.”
BuyWithMe (www.BuyWithMe.com) is one of the country's leading group buying and social commerce companies that allows consumers to discover and experience the best offerings from businesses in their city. BuyWithMe currently operates in Austin, Boston, Chicago, Dallas, Houston, Los Angeles, New York, Philadelphia, Phoenix, San Diego, San Francisco and Washington D.C.
For merchants looking for more information about working with BuyWithMe, and consumers who want to learn about the best offers in their city, visit www.BuyWithMe.com.