BOULDER, Colo., Aug. 6, 2015 /PRNewswire/ -- SendGrid, the leading email delivery platform for email that matters, today announced that Yancey Spruill has joined the company as the Chief Financial Officer and Chief Operating Officer. Mr. Spruill brings over 25 years of experience to SendGrid in a career that has spanned multiple businesses and industries. In his previous roles as an engineer, investment banker and operating executive of a public company, he successfully directed billions of dollars in capital raising transactions and acquisitions and served as the CFO of DigitalGlobe, where he led the company's 2009 public offering on the NYSE.
"Yancey has the ideal combination of skill sets and public company experience to drive the continued growth of SendGrid and help build our great company," said Sameer Dholakia, CEO of SendGrid. "We're excited for him to join our team as we accelerate our business and realize the great opportunity we have ahead of us in a rapidly expanding market."
Prior to joining SendGrid, Mr. Spruill served as CFO of DigitalGlobe, a publicly-traded provider of geospatial information products and services. During his 10 year tenure at DigitalGlobe, Mr. Spruill oversaw more than 10x revenue growth to $650 million, with EBITDA growing over 25x to more than $270 million during that same period. Mr. Spruill also directed over $3.7 billion in capital raising transactions to support growth, including the company's IPO in May 2009. Previously, during his time as an investment banker at some of the world's leading financial services firms, Yancey was involved in M&A and capital raising transactions valued at more than $22 billion.
"I am excited to join the SendGrid team at this exciting time in the company's history," said Yancey Spruill, CFO and COO of SendGrid. "As SendGrid expands its footprint as the industry leading email platform and builds out a seasoned leadership team, I look forward to helping position the company to realize the significant opportunity for long term growth and value creation."
SendGrid is the leading email delivery platform for email that matters. SendGrid's proven, cloud-based email platform successfully delivers over 18B customer engagement emails each month for Internet and mobile-based customers like Airbnb, Pandora, Hubspot, Spotify, Uber and FourSquare as well as more traditional enterprises like Walmart, Intuit and Costco. For more information, visit www.sendgrid.com.