Udacity Appoints New Chief Financial Officer

MOUNTAIN VIEW, Calif., March 10, 2020 /PRNewswire/ -- Udacity, the global, online, lifelong-learning platform for career development, today announces the appointment of Seamus Hennessy as its new Chief Financial Officer, effective immediately.

Hennessy brings over two decades worth of financial experience with both public and private technology companies to Udacity. Prior to Udacity, he spent eight years as CFO at Ruckus Wireless, where he led the company from early-stage startup, through its successful IPO in 2012 and acquisition by Brocade Communications Systems in 2016. He has also held CFO positions at Big Switch Networks, Cohesity and Aerohive Networks. The appointment highlights Udacity's commitment to continued financial growth as the need for upskilling and reskilling for workers continues to accelerate, particularly in the fields of artificial intelligence, cloud computing, autonomous systems, and data science.

"Seamus' breadth of experience in technology and finance makes him an ideal fit as Udacity looks to maintain and expand our growth to provide workers the necessary skills as enterprises push forward their digital transformation objectives," said Gabe Dalporto, CEO of Udacity. "With Udacity's plans to train one million workers for the careers of the future by 2025, his experience and skill in strategic financial planning make him the ideal person to lead, sustain, and expand our growth through 2025 and beyond."

"What drew me to Udacity was its commitment to employee education around the world," said Hennessy. "With the growing demands for experience and knowledge in the technologies of tomorrow, having the right understanding is paramount for everyone — from the classroom to the boardroom. I look forward to being a part of a company that provides the programs to support lifelong learning."

Udacity's mission is to train the world's workforce in the careers of the future through lifelong learning. Working with industry experts to develop its curricula, the company offers individuals and enterprise workers the opportunity to gain the deep, practitioner level skills they will need to thrive in a technology-driven future through a combination of real-world projects and online courses. Udacity plans to train 1 million workers by 2025 through its partnerships with top companies around the world.

About Udacity
Udacity is a global, online learning platform powering digital transformation and accelerated time-to-market initiatives for Fortune 500 and Global 2000 enterprises. Udacity programs provide industry created practitioner skills through a series of "Nanodegree" programs consisting of online courses and real-world projects in artificial intelligence, machine learning, data science, autonomous systems, and cloud computing, among other disciplines. Udacity collaborates with expert instructors and over 200 global industry partners including AT&T, Google, Facebook, Mercedes-Benz and NVIDIA to power technical education. Headquartered in Mountain View, Calif., the private company has operations in the United Kingdom, China, Egypt, Germany, India, and the United Arab Emirates. Udacity has raised $163 million in funding to date from investors including Bertelsmann, Andreessen Horowitz, Charles River Ventures, and Drive Capital. For more information, please visit www.udacity.com.

Media Contact
Andrea Heuer for Udacity
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SOURCE Udacity

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