8x8, Inc. (NASDAQ: EGHT), a provider of cloud-based unified
communications, contact center and collaboration solutions, today
announced the appointment of Vladimir Jacimovic to its Board of
Directors, effective March 20, 2014.
Mr. Jacimovic has over 25 years of investing and operating experience
with high growth companies in the technology and services industry with
specific expertise in the Software as a Service (SaaS), Big Data and
Security segments. He is the Founder and Managing Partner of Continuum
Capital Partners, an investment firm that specializes in crossover
investments targeting private and public technology companies.
Previously, Mr. Jacimovic was a Partner at New Enterprise Associates
(NEA), a leading global venture capital firm focused on helping
entrepreneurs build transformational businesses across multiple stages,
sectors and geographies, and a Managing Director at Crosslink Capital, a
leading stage-independent venture capital and growth equity firm. Since
beginning his venture career in 1996, Mr. Jacimovic has been involved in
more than 30 investments in software, communications, and technology
enabled services.
“I am very pleased to welcome Vladimir to the 8x8 Board of Directors,”
said 8x8 CEO Vikram Verma. “Vladimir brings a wealth of experience
helping innovative companies with disruptive technologies such as SaaS
navigate high growth in a profitable manner throughout various stages of
their evolution. I am grateful that we will be able to tap into that
experience and knowledge to help 8x8 identify and implement new
strategies for organic and inorganic growth as we expand our leadership
position in the Unified Communications as a Service market domestically
and abroad.”
With the appointment of Mr. Jacimovic, 8x8’s
Board of Directors now consists of seven members who offer diverse
and valuable skill sets including international business management,
technology innovation, public and private finance, strategic guidance
and M&A for high growth companies and organizational leadership.
“8x8 has assembled a world class Board of Directors and I am honored to
serve the company alongside such accomplished and talented individuals,”
said Mr. Jacimovic. “The market for Unified Communications as a Service
is growing rapidly and 8x8’s technology and business model are
unparalleled. I am looking forward to sharing my experience in similar
SaaS growth markets with the senior management team as we position 8x8
for tremendous success in the future.”
Mr. Jacimovic began his career with operating roles at Intel and Ingres,
and later worked as a management consultant with McKinsey & Co. in the
US and in Europe. He holds an MBA from Harvard Business School and a BS
in Computer Science and Mathematics from the University of San Francisco.
8x8 also reported, in accordance with NASDAQ Listing Rule 5635(c)(4),
that employment inducement awards were granted to 12 new employees in
connection with their recent hiring. The employees received restrictive
stock units for 37,750 shares of the Company’s Common Stock, subject to
their continued employment and other conditions.
About 8x8, Inc.
8x8, Inc. (NASDAQ:EGHT) is the trusted provider of secure and reliable
cloud-based unified
communications and virtual contact center solutions to more than
36,000 small, midsize and distributed enterprise organizations operating
in over 40 countries across six continents. 8x8's out-of-the-box cloud
solutions replace traditional on-premise PBX hardware and software-based
systems with a flexible and scalable Software as a Service (SaaS)
alternative, encompassing cloud business phone service, contact center
solutions, and web conferencing. For additional information, visit www.8x8.com, or
www.8x8.com/UK or connect with 8x8
on Google+, Facebook, LinkedIn and Twitter.
Copyright Business Wire 2014