Frederick-based cloud infrastructure company Fugue announced a tech executive with experience leading venture-backed companies to acquisition and the cofounder of a software-focused venture capital firm joined its board of directors.
Fugue, which has made a pair of splashy fundraising announcements in recent years including 2017’s $41 million Series D, has a platform designed to help enterprises automate security and compliance processes in the cloud.
According to info from the company, former Cleversafe CEO John Morris is joining the company’s board of directors. Morris led storage platform developer Cleversafe through a 2015 acquisition by IBM, and previously served as EVP of Worldwide Field Operations at Juniper Networks.
Also joining the board of directors is Will Dunbar, cofounder of Core Capital Partners. In his role with the venture capital firm, Dunbar is focused on enterprise SaaS and tech companies. Core Capital Partners was the first institutional investor in Fugue. The company’s investors also include New Enterprise Associates, Future Fund and the Maryland Venture Fund.
Fugue’s board of advisors also has a new member: Frank Slootman, who led Silicon Valley–based ServiceNow as CEO and remains that company’s chairman. ServiceNow went public in 2012. He also led Data Domain from 2003-2009, prior to its acquisition by EMC.
“We’re excited to add these exceptional professionals to the Fugue boards,” Fugue CEO Josh Stella said in a statement. “[Morris] has had a storied career of success in both large companies and in scaling startups to great effect. Core Capital Partners has been a Fugue supporter from the earliest days, and [Dunbar] understands the great value Fugue offers now and our vision for the future. As for [Slootman], his track record of success, knowledge of how to scale, and passion for our mission make him a profound addition to Fugue.”
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