SCOTTSDALE, Ariz., Sept. 6 -- Vcommerce Corporation, a supply
chain management solutions provider, today announced that supply chain
technology veteran Mark Jensen has joined the company as Chief Executive
Officer.
"Mark brings to Vcommerce a unique background as an operating executive
leading supply chain software, services and trading network initiatives. His
keen understanding of these markets is crucial in taking Vcommerce to the next
level," said Dan Kennedy, Founder, Vcommerce Corporation. "With his many
years at supply chain leader i2, as well as his experience with Dell Computer,
Mark is uniquely qualified to be the CEO for Vcommerce. Vcommerce technology
is changing the way its customers think about information and inventory, and
with the addition of Mark`s experience, leadership and vision, Vcommerce is
guaranteed to be a leader for many years to come," added Bill Gurley, General
Partner, Benchmark Capital and Vcommerce board member.
"I was extremely impressed with Vcommerce`s feature-rich supply chain
execution software, content network of millions of SKUs, and hundreds of
vendors with always-current pricing, inventory and availability data," said
Mark Jensen. "We intend to grow rapidly through expansion of our sales
presence and our customer service operations, building on the dozens of
customers already productively using Vcommerce solutions."
Prior to joining Vcommerce, Jensen was a general partner at Viridian
Capital Partners, an early stage venture capital firm focusing on
Infrastructure and Vertical Market Software. He was responsible for
Viridian`s Dallas, TX office. Before Viridian, Jensen was Vice President and
General Manager of eBusiness at Dell Computer Corp in Austin, TX.
Jensen was also a key member of the leadership team that grew i2
Technologies from $10 million in revenues to a $1 billion revenue run rate.
Most recently he served i2 as Executive Vice President of Solutions Delivery
where he led a team of 1100+ in global consulting, training, industry
solutions development, e-marketplace operations and knowledge methods.
Beforehand, Jensen opened i2`s Asia Pacific operations and served as President
of i2 Technologies Japan, Inc. Prior to that he created i2`s first vertical
business as Vice President, High-Tech Industry.
Jensen graduated with a master of business administration degree with
distinction from Harvard Business School and a bachelor`s degree in
engineering from the Massachusetts Institute of Technology.
About Vcommerce Corporation
Vcommerce optimizes and extends supply chain operations through a
flexible, scalable commerce platform. Designed for simple implementation and
rapid integration of sales and fulfillment channels, Vcommerce solutions help
merchants, manufacturers and distributors achieve fast time-to-market and
service excellence.
The company`s customers include Cox Interactive, EntertainmentStudios.com,
eBay`s Half.com, iWon, Lumenati, RewardsPlus and Twentieth Century Fox Home
Entertainment. A privately held company, Vcommerce has raised more than
$54 million in venture capital funding from American Express Financial
Corporation, Archery Capital, Benchmark Capital, CMGI @Ventures, Dain Rauscher
Wessels, Inktomi, PaineWebber and Pequot Capital. For more information, visit
http://www.vcommerce.com.
CONTACT:
Tracy McDargh of Vcommerce Corporation
+1-480-922-9922
tmcdargh@vcommerce.com
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