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Dataupia Corp. has a new CEO. The Cambridge-based data management company reports it has appointed former Cognos Inc. senior vice president of world operations Tony Sirianni to take over its corner office.
Founder Foster Hinshaw will step down, but he will retain a board seat and a full-time role with the company, said Dataupia investor Rick Grinnell, a partner at Cambridge-based Fairhaven Capital.
“Foster will be driving, just like he has from day one, the architectural vision, the business vision,” Grinnell said. “They call him father of the data warehouse. He really does live up to that reputation in terms of his ability to see where the market is heading and what product needs to meet that demand.”
Hinshaw, a 2008 Mass High Tech All-Star winner, was not available for comment due to illness, his assistant said.
Grinnell said Sirianni is the kind of leader the company needs to grow quickly. “We’ve got a few large customers that are in the seven-figure category. In order to scale to have a lot more than that we need a guy who’s proven he can scale sales, both direct and indirect,” Grinnell said.
Sirianni was also unavailable, due to a family emergency, a Dataupia spokesman said.
According to Dataupia, Sirianni grew business intelligence revenues at Cognos from $10 million to more than $800 million. IBM Corp. (NYSE: IBM) acquired the Burlington-based company in 2007 for $5 billion. Before Cognos, Sirianni worked at Revelation Technologies Inc., a New Jersey-based maker of software development tools.
Founded in 2006, Dataupia has pulled in a total of $41 million from its investors. Series A backers included Waltham-based Polaris Venture Partners and Virginia-based Valhalla Partners. Fairhaven joined in the company’s $16 million Series B round in November, 2007. Dataupia currently has 60 employees, a spokesman said.
The startup is not yet profitable but plans to reach profitability “in the not-too-distant future,” Grinnell said.
Mass High Tech reported Dataupia’s latest round of funding in October –- a $10 million Series B-1 round closed earlier in the year, according to a regulatory filing.
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