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Bugcrowd Expands Government Crew with Hiring of Robert Taccini as Chief Monetary Officer

Former Finance Veteran for WhiteHat Safety and Cisco Joins Bugcrowd’s Management Crew

SAN FRANCISCO – October 3, 2022— Bugcrowd, the chief in crowdsourced cybersecurity, at present introduced the appointment of Robert Taccini to Chief Monetary Officer (CFO). Taccini brings practically three many years of expertise within the safety and data expertise fields to Bugcrowd.

Bugcrowd emblem

Previous to becoming a member of Bugcrowd, Taccini was Chief Monetary Officer of WhiteHat Safety the place he performed a key position within the profitable spinout from NTT and sale of the enterprise to Synopsys. In earlier roles, he served because the CFO of HyperGrid; CFO and Treasurer of VCE Firm, LLC; and Vice President of Enterprise Operations Finance for Cisco Techniques.

Because the startup CFO of VCE, Taccini drove income progress, gross margin enhancements, and working efficiencies because the enterprise scaled as much as $500 million in working funds and from six workers to 2,000-plus workers. Taccini additionally executed a converged infrastructure market technique that yielded a $3 billion annual income run price with 50% compounded progress over 5 years.

“I’m excited to affix the Bugcrowd management staff, which is making nice strides in defining the marketplace for crowdsourced safety researchers and automatic testing platforms,” Taccini mentioned. “I stay up for growing our technique to create construction and working fashions that can allow larger world scale.”

Because the Chief Monetary Officer of Bugcrowd, Taccini will probably be chargeable for managing all facets of the corporate’s monetary technique together with strategic planning; mergers and acquisitions integrations; and the scaling of operations and techniques. Taccini will report back to interim Bugcrowd CEO Mike Jennings.

“Everybody at Bugcrowd is honored to welcome such a top-caliber senior government chief as Bob Taccini to our staff,” mentioned Mike Jennings, interim CEO for Bugcrowd. “Bob has deep trade expertise working with startups to giant world enterprises, and his intensive administration expertise will enormously profit Bugcrowd’s aggressive progress technique.”

Along with Taccini’s skilled tasks, he served in quite a lot of management roles for youth actions and was a Board Member of Hospice of the Valley, San Jose.

“Bugcrowd” is a trademark of Bugcrowd Inc. and its subsidiaries. All different logos, commerce names, service marks and logos referenced herein belong to their respective corporations.

About Bugcrowd
Bugcrowd is the main supplier of crowdsourced cybersecurity options purpose-built to safe the digitally linked world. As we speak’s enterprise calls for an offensive method to cybersecurity—and Bugcrowd provides the one resolution that orchestrates knowledge, expertise, and human intelligence to show blind spots. The Bugcrowd Safety Data Platform™ permits companies to do all the things proactively potential to guard their group, fame and clients with merchandise like Bug Bounty, Penetration Testing-as-a-Service, and extra. Trusted by organizations throughout the globe, Bugcrowd uncovers and remediates vulnerabilities earlier than they interrupt enterprise by leveraging professional ingenuity and the information of world-class safety researchers. Based mostly in San Francisco, Bugcrowd is backed by Blackbird Ventures, Costanoa Ventures, Business Ventures, Paladin Capital Group, Rally Ventures, Salesforce Ventures and Triangle Peak Companions. Be taught extra at www.bugcrowd.com.

Rose Ross for Bugcrowd EMEA
+44 (0)7976 154597

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