Axcient Raises $15.5M in Series C from Scale Venture Partners

“As a condition to closing our US venture round led by Sequoia Capital, we needed to complete a complex corporate restructuring to flip our foreign domiciled company to become a US based HQ (we had been operating as a South African based entity for several years).  We needed a CFO to lead that project, hire and train global finance, legal and HR teams, and help us to expand our multinational footprint.

I hired Mary Korn for her breadth of experience and her ability to work across time zones to remotely manage a team around the globe.  Working closely with legal and SA regulators, she completed the restructuring, implemented a sustainable budget program, hired and coached an outstanding team for our G&A organization, and raised a round of capital to support our expansion across sub-Saharan Africa.   Our growing business needed horsepower in the team and the addition of Mary was a boost for us. Mary was also one of the best mentor’s we ever had in the company and not only did she build a great team around her she invested in mentoring me personally.”