PRESS RELEASE

October 6, 2020

Moogsoft Strengthens Leadership Team with New CFO Appointment
Veteran of enterprise and emerging technology, Matteo Marchetta, joins AI-driven observability leader to help drive growth during crucial time for observability market

SAN FRANCISCO — Oct. 6, 2020 — Moogsoft, the AI-driven observability leader, today announced that it has added critical talent to its leadership team with the appointment of Matteo Marchetta as Chief Financial Officer. Marchetta will be responsible for helping the company to achieve its short- and long-term business objectives, and for enabling its continued growth at a crucial time of democratization and scale in the observability market.

Marchetta brings to Moogsoft over 20 years of experience as a financial executive for both B2B and B2C companies, and a background in strategic consulting. His previous experience includes roles at companies ranging from startups to global organizations in the SaaS, enterprise and digital healthcare markets. Most recently he was CFO at Augmedix, where he led the company through high double-digit revenue growth. Prior to that, he was VP, Finance for Altiscale Cloud Platform at SAP.

“Matteo’s broad experience is a perfect match to support the progress we have made disrupting the legacy enterprise monitoring market with our new self-service, highly scalable enterprise-class monitoring and observability platform,” said Moogsoft Founder and CEO Phil Tee. “During this quarter we reached profitability, committed to our cloud-first architecture and set our sights on a path of continued growth and investment in our SaaS platform. Matteo’s arrival could not be better timed for us and for the critical state of the observability market.

“During the interview process we met at our favorite coffee shop and Matteo was quick to understand the value of being able to start managing complex digital infrastructure in less than the time it takes to make a cappuccino,” quipped Tee.

“I am excited by the traction that Moogsoft has made in democratizing the cutting-edge data science methods of AIOps and observability,” said Marchetta. “In my former roles, I have been able to lead distributed teams around the globe to deliver double-digit revenue growth, and I look forward to leveraging those skills as a catalyst for Moogsoft’s growth.”

Embracing Cloud-First Architecture

Moogsoft recently announced its commitment to deliver companies unprecedented agility and smart DevOps with its groundbreaking cloud architecture and self-service model for AI-driven observability. This included unveiling the results of its two-year investment in a rapid-deployment model for delivering advanced AI and ML at scale to existing and new customers. The company continues to invest in rapidly adding new functionality to deliver customers self-service, AI-driven observability across organizations in minutes.

Additional Resources

About Moogsoft

Moogsoft is the AI-driven observability leader that provides intelligent monitoring solutions for smart DevOps. Moogsoft delivers the most advanced cloud-native, self-service platform for software engineers, developers and operators to instantly see everything, know what’s wrong and fix things faster. Founded in 2012, Moogsoft has more than 140 customers worldwide including American Airlines, Fannie Mae, Fiserv, HCL Technologies, SAP SuccessFactors, and Verizon Media. It has established strategic partnerships with leading managed service providers and outsourcing organizations including AWS, Cisco, HCL Technologies, TCS and Wipro.

Moogsoft® and the Moogsoft logo are proprietary trademarks of Moogsoft Inc. All other products or names may be trademarks of their respective companies.

For more information about Moogsoft’s AIOps platform and its customers’ success, visit www.moogsoft.com.

Media Contact

Emily Cress
BLASTmedia for Moogsoft
317-806-1900
moogsoft@blastmedia.com

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