AUSTIN, TX–December 11, 2009 – Dachis Group today announced that it has expanded its management team to include April Downing as the firm’s Chief Financial Officer. Downing brings more than 15 years of corporate finance, strategic planning and management experience to Dachis Group having served in high-growth public and private companies.
“April has a proven track record of delivering strategic planning and operational excellence in a dynamic and high-growth environment,” said Jeff Dachis, Founder and Chief Executive Officer of Dachis Group. “Her experience with integrating acquisitions, raising financial capital, and managing growth in both public and private companies is well suited to the needs of our company. We are thrilled to have April join our team.”
Prior to joining Dachis Group, Downing was providing executive-level financial consulting to several companies launched from Austin Ventures’ Entrepreneur-in-Residence program. Before this, she was Chief Financial Officer for AlterPoint, Inc., a venture-backed network change and configuration management software company through the successful sale of the company to Versata, Inc., a global IT solutions provider.
Prior to AlterPoint, Downing was Chief Accounting Officer and acting Chief Financial Officer of Motive, Inc., a publicly traded provider of broadband management software with over $100 million in revenues. Over her six years at Motive, Downing served in several key financial roles at the company, including leading Investor Relations through the company’s IPO in 2004 which raised $50 million.
“The expansion of the management team to include someone of April’s caliber further solidifies the ability of Dachis Group to aggressively grow both organically and through acquisitions,” said Chris Pacitti, a general partner with Austin Ventures. “Dachis Group is uniquely positioned to be the leader in enabling large global enterprises to capture the value inherent in social technologies that are already becoming prevalent throughout their organizations.”
About April Downing
April is a seasoned financial and operational executive with over 15 years of working with publicly and privately held companies. Most recently, April has been providing executive-level financial consulting to several companies launched from Austin Ventures’ Entrepreneur-in-Residence program. Prior to that, she was the Chief Financial Officer for AlterPoint, Inc., a venture-backed network change and configuration management software company, through the successful sale of the company to Versata, Inc., a global IT solutions provider. Before AlterPoint, April was Chief Accounting Officer and acting CFO of Motive, Inc., a publicly traded provider of broadband management software with over $100 million in revenues. She began her career with Price Waterhouse’s Audit and Business Advisory Services, where she specialized in technology start-ups and early growth companies.
April is an Advisory Board Member for Women’s Sake (an organization focused on Career and Lifestyle Resources for Women) and has been recognized by Austin Business Journal as a ‘Profiles in Power’. Located in Austin, Texas, she was also nominated for Austin’s 2008 Best CFO Award.
April has a master’s degree in accounting from The University of Texas and is a certified public accountant.
About Dachis Group
Founded in 2008, by Jeffrey Dachis, Dachis Group is a professional services firm based in Austin, Texas, with offices in London and Sydney. Dachis Group (Dachis Corporation, Inc.) was created to unlock the value of social technologies for large corporate enterprises.
Dachis Group believes that the future of business lies in a socially calibrated, dynamic business culture that empowers all of its constituents to exchange value. Through a proprietary framework and methodology, and a network of technology alliance partners, Dachis Group helps businesses innovate to capture value through Social Business Design(SM).
Dachis Group delivers services through three main practice areas: Customer Participation and Engagement, Workforce Collaboration, and Business Partner Optimization.
Dachis Group serves global companies including: AXA, BBC, BP, Philips Healthcare, Coca-Cola, Intuit, Southern Company and Yum! Brands in industry verticals including: consumer products, media and publishing, health care, financial services, information services, software, and semiconductors.
The company’s strategy is backed by a commitment from Austin Ventures to build and grow organically and through acquisitions.
If you are interested in finding out how Dachis Group can help your business, contact: inquiries@dachisgroup.com or download our fact sheet and contact us.