Pendo names former Verisign CFO to its board

Pendo lands $110 million backer in deal for shares of employees, early investors

RALEIGH – A former Verisign chief financial officer has joined the board of directors at fast-growing software startup Pendo.

Dana Evan was named as an independent director and chair of the company’s audit committe. It’s another move in a series made recently that indicate Pendo – a so-called “unicorn” with a value topping $1 billion – could be considering an initial public offering. (See recent stories linked to this report.)

“Dana is a really strategic addition to our board — she brings past board leadership experience, having led all board committees, as well as a lengthy tenure in a fast-growth enterprise SaaS business,” said Todd Olson, CEO and co-founder of Pendo. “I’m excited for the leadership she’ll bring to our board of directors and the insight she’ll provide to our executive team.”

The appointment was announced Tuesday.

Pendo hires nCino exec as chief product officer, adds 143 employees

“Evan brings over 15 years of experience serving on both private and public company boards, including those of Box, Domo, Farfetch, Proofpoint, Omniture and Momentive (formerly SurveyMonkey). She previously spent 12 years as CFO of Verisign, where, as a founding executive, she led the company from venture-backed startup to global corporation with over 5,000 employees,” Pendo noted.

The company said it and Evan Evan “were connected through existing board members and the nonprofit All Raise, which aims to amplify the voices and accelerate the success of women in technology. She is one of 24 female board members to be placed in 2021 through All Raise Board Xcelerate, a program designed to diversify the boards of private, venture-backed companies.”

Pendo lands $110 million backer in deal for shares of employees, early investors

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Kassie Hoffman
Kassie pens down all the news from the world of politics on ANH.