MicroEdge Appoints Bill Rountree as New Chief Executive Officer
NEW YORK – October 5, 2009 – MicroEdge, LLC, the leading provider of solutions for the grantmaking community worldwide, today announced that William T. Rountree has joined MicroEdge as Chief Executive Officer.
With more than twenty-five years of experience in technology companies, Mr. Rountree brings to MicroEdge extensive knowledge of business strategy and product management related to complex software systems. Most recently, he was CEO of triVIN, Inc., the nation’s leading provider of automated motor vehicle registration services and electronic title management. During his twelve years at triVIN, the company grew from less than one million to approximately sixty million dollars in annual revenues.
Mr. Rountree’s appointment follows the recent announcement of the acquisition of MicroEdge by Vista Equity Partners ("Vista") from Advent Software.
According to Alan Cline, a Principal with Vista and a member of the Board of Directors for MicroEdge, “Bill’s broad experience with vertical market technology solutions fully complements the philanthropic domain expertise of the MicroEdge team. Under his guidance, MicroEdge is well-positioned to continue providing best in class technology solutions and services to the giving community. Bill is the right leader to bring a renewed focus to MicroEdge’s vision and mission.”
"I am very pleased to have been given the opportunity to lead MicroEdge as it once again becomes an independent company,” says Mr. Rountree. “The strength of the company's products and the caliber of its personnel have positioned the company well for continued success in the future. Despite its past successes, I believe that the best is yet to come for the company, its products, and its clients, and I will do all I can to ensure that MicroEdge becomes even stronger in the coming years."
Mr. Rountree earned his MBA from The Wharton School of the University of Pennsylvania and graduated summa cum laude from Duke University with a B.S. in Engineering. An involved community volunteer, Bill has served in various leadership roles with the United Way of Southeastern Connecticut over the years, including as chairman of its Board of Directors. Until resigning to take the helm at MicroEdge in New York, he was an active United Way volunteer and was serving his sixth year as a member of the organization’s Board of Directors.
About MicroEdge
Established in 1985, MicroEdge, LLC is the leading provider of software and services to the giving community worldwide. MicroEdge solutions deliver a powerful, integrated, and open framework for efficient and effective charitable giving. The company is committed to providing the best technology toolset for foundations, corporations, government agencies, donors, advisors and financial institutions. Together, these tools help organizations to work with one another to raise, invest, manage and award charitable currency. MicroEdge is headquartered in New York City with regional offices throughout the U.S. and supports thousands of clients worldwide.
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About Vista Equity Partners
Vista Equity Partners, a private equity firm with offices in San Francisco and Chicago, has over $2.3 billion in equity capital under management. Vista was founded in 2000 and is focused on equity transactions involving enterprise software businesses and technology-enabled solutions companies. Over the last nine years, Vista Equity Partners has successfully demonstrated its ability to create value through a disciplined investment focus on companies that offer mission-critical software and technology-enabled solutions.
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Media Contact:
Kathy Krais
1.800.899.0890 ext. 3966
kkrais@microedge.com
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MicroEdge is a trademark and/or service mark of MicroEdge, Inc. All other company names or marks mentioned herein are those of their respective owners.
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Copyright © 2010, MicroEdge, LLC
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