Following Series C funding, this expansion of a highly accomplished group of leaders underpins a period of transformative growth.
NEW YORK, December 07, 2021–(BUSINESS WIRE)–Code Climate, the leader in Engineering Intelligence, today announced two key strategic hires, naming Rory Parness as CFO and Bill Serino as VP of Sales. These tech industry veterans join Code Climate as the company gains momentum on the heels of a successful Series C round of funding closed in August.
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Rory Parness was named CFO of Code Climate. (Photo: Business Wire)
Parness and Serino are the latest additions to a seasoned executive leadership team brought on in 2021. Code Climate has experienced significant expansion over the past year, with revenue up more than 100 percent and headcount nearly doubling.
Parness joins Code Climate from Foursquare, where he served as CFO, leading the finance and operations teams for nearly a decade. Prior to Foursquare, he was the CFO of several companies in the technology, healthcare, and music industries. Over his 30-year career, Parness has helped scale companies to over $500 million in revenue and orchestrate a multi-billion dollar exit. He has also served as an advisor for several tech startups.
Serino brings a wealth of leadership experience to the Code Climate team, most recently from Harbr Data, an enterprise data exchange platform, where he was Global Head of Sales. Serino has extensive experience driving sales growth in multiple verticals in the Fortune 500, having held strategic sales roles at EMC and Oracle, and helping lead a successful IPO for Pivotal Software.
“As we continue to scale rapidly for a phenomenal period of growth, I’m super excited to welcome Rory and Bill as the latest members of our leadership team,” says Bryan Helmkamp, Code Climate co-founder and CEO. “The enterprise-grade level of experience that they each bring to Code Climate will help propel us to the next level and strengthen our position as the leading Engineering Intelligence company.”
This hypergrowth comes at a time when business and technology leaders must align on a more data-driven approach to decision making. Code Climate is deeply committed to investing in passionate people and innovative solutions to further its mission to build trust with transparency and fuel the next generation of software engineering excellence.
About Code Climate
Code Climate empowers software engineering organizations to achieve excellence across people, process, and code with data-driven insights. Our Engineering Intelligence products are trusted by thousands of organizations – from enterprises to startups – to help align engineering initiatives with strategic priorities, accelerate software delivery, and drive continuous improvement. Founded in 2011 in New York by engineering leaders who were frustrated by decisions being made in the dark or by gut instinct, Code Climate envisions a world where technology leaders can drive business success through increased transparency, efficiency, and actionable data. After nearly a decade helping over 100,000 developers improve the quality and maintainability of their codebases with our automated code review tool, Quality, we launched our flagship product Velocity, enabling technology leaders to make confident, data-driven decisions that fuel elite team performance at scale.
Backed by leading VC firms, including PSG, Union Square Ventures, Foundry Group, Lerer Hippeau Ventures, and NextView Ventures, Code Climate has raised $66M in funding to date, having closed a Series C round in August 2021.
Learn more about Code Climate by visiting codeclimate.com, and follow us on Twitter (@codeclimate) and LinkedIn.
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Source: https://finance.yahoo.com/news/code-climate-adds-two-tech-140600809.html
