John Chambers, Former Executive Chairman and CEO of Cisco Systems, Joins Averon Advisory Board

SAN FRANCISCO, March 4, 2019 /PRNewswire/ -- Today Averon announced that John Chambers has joined the Averon Advisory Board, an exemplary lineup of experts and former executives from research institutes, startups and Fortune 500 companies. Chambers is the founder and CEO of JC2 Ventures, where he has helped disruptive startups from around the world build and scale effectively. Prior to founding JC2 Ventures in January 2018, Chambers served as the CEO and executive chairman at Cisco Systems, where he helped grow the company's revenues from $70 million to $47 billion during his 20+ years leading the global technology giant.

"In the Digital Age, the currency between companies and their consumers is trust and privacy. The world urgently needs to combat cybercrime and improve experiences online, and Averon recognizes that fully," said Chambers. "I look forward to contributing to Averon's mission of restoring sanity to online identity and opening doors to valuable new consumer experiences as a member of the Board. Averon is the gold standard for digital identity, and I am delighted to join forces with this stellar team."

At Cisco, Chambers changed the world during the Internet era, and in his current role at JC2 Ventures, Chambers is focused on changing the world one more time. He believes that startups will be the driver of economic growth and job creation in the future, and that is why he does more than just invest in the companies in his portfolio. He is redefining the role of the modern venture capitalist, positioning himself as a true mentor to CEOs and their teams. Throughout his career, Chambers has received countless awards and recognitions for his leadership and corporate philanthropy, including the Padma Bhushan Award from the Government of India, the Woodrow Wilson Award for Corporate Citizenship, the Clinton Global Citizen Award, Time Magazine's "100 Most Influential People," and CNN's Top 25 Most Powerful People, among others.

"John Chambers is a pillar of the tech industry, having shaped Cisco into the network giant it is today in addition to supporting the growth of today's most cutting-edge technologies," said Wendell Brown, CEO and co-founder of Averon. "We are honored that John has joined the Averon Advisory Board and we look forward to drawing upon his expertise as we explore new channels and applications for our technology on a global scale."

Chambers joins Averon's extraordinarily talented Advisory Board members, including:

• Sheila Marcelo, Care.com founder, chair and CEO
• John Hjelmstad, WeWork vice president of engineering and former head of Google Identity
• Emily Ward, former vice president and worldwide chief technology counsel for eBay and PayPal
• James Kondo, former vice president of Twitter and chair of Twitter Japan
• Esther Dyson, executive founder of Wellville
• K. V. Rao, founder of Aviso and former co-founder/president of Zuora
• Professor John M. Smith, top expert on cryptography and cybersecurity, and the Olga & Alberico Pompa Professor of Engineering, Applied Science & CIS at UPenn
• Ruvan Cohen, former managing director of Citibank's global credit card business

About Averon
Averon is on a mission to restore sanity in online identity. Our conversion-increasing innovations instantly authenticate mobile users, creating a world where we can all move safely and efficiently around the internet with zero effort and maximum trust—no more frustrating and unsecure login IDs and passwords. Averon's technology is the new gold standard for digital identity—the easiest, fastest and most secure verification solution for users on both WiFi and LTE. Simple to implement and effortless for users, Averon's solutions don't rely on personally identifiable information, providing the most private authentication method in the digital realm. Protected by 35 patents, Averon's methods are trusted by the world's leading ride share and transportation services, digital currencies, cryptocurrency wallets, and global telecommunications companies to deliver the most elegant user experience with the highest caliber security. Join us in helping the online world Be Authentic. For more information, visit www.averon.com.

Averon and Be Authentic are registered trademarks of Averon US, Inc., in the United States and/or other countries. All other trademarks or registered trademarks are the property of their respective holders.

Media Contact:
Megan Davis
Edelman
(202) 756-2438
[email protected]

SOURCE Averon