WaveMarket appoints Greg Wimmer CFO, opens European office, and appoints Lars Ronning VP of EMEA region

August 21, 2002

2 Min Read

BERKELEY, Calif. -- WaveMarket, Inc., a leading developer of location-based services software, today announced the appointment of Greg Wimmer as Chief Financial Officer. Mr. Wimmer brings WaveMarket over 18 years of finance, accounting, and general management experience with emerging technology companies. Mr. Wimmer has played a key role in raising $100+ million of venture financings (Series A, B, and C) from leading venture capitalists, including Sequoia Capital, New Enterprise Associates, USVP, Hummer Winblad, and Det Norske Veritas. Before WaveMarket, Mr. Wimmer was the VP of Finance and Administration at Zembu Labs of Palo Alto. While there he participated in the successful sale of the company. At Nightfire Software and Vité, he managed finance, legal and administration, helping both companies emerge from start-up to successful enterprises. He also founded and managed an accounting firm specializing in audit and tax services for technology companies. In addition, he advised Fortune 500 technology companies as a Consultant in the audit and tax practices at Deloitte & Touche in San Jose. Tasso Roumeliotis, Founder and CEO of WaveMarket, said: “Greg brings impressive credentials and an exceptional track record in building solid financial foundations at rising technology companies." In a separate release:WaveMarket, Inc., a leading developer of location-based services software, today announced the opening of a new European office in Scandinavia and the appointment of Lars Nordhild Ronning as Vice President, EMEA. Mr. Ronning brings more than 15 years of general management, marketing and sales experience with both public and private software companies. His specialty is bringing best-of-breed US technologies to the European market.Prior to WaveMarket, from 1997 to 2002, Mr. Ronning was at Openwave Systems and Software.com, where his positions were Director of Strategic Alliances and Director of Sales, Northern Europe. As Software.com’s 1st Sales Director in EMEA, Mr. Ronning closed numerous multimillion-dollar messaging infrastructure software deals with tier-one European operators, including British Telecom (now O2), Tele2, TDC (Tele Danmark), Telenor, Sonera, Elisa, and Iobox/Terra Mobile (Telefónica Group). He exceeded annual quotas by 200-300%, and achieved near-complete market share in the Nordic region.Iggy Ioppe, Founder and CEO of WaveMarket, said: "Time and time again, Lars built European operations of young software companies from ground zero to dominant market share. He will apply his skills in building a high performance sales and customer support organization to accelerate WaveMarket’s growth. Lars’s experience is an ideal fit to direct WaveMarket’s EMEA business development and sales efforts."WaveMarket Inc.

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