Virtualization Technology News and Information
Quincus Appoints Executive at X, Alphabet's Moonshot Factory, David Jen to the Board of Directors

Quincus, an enterprise SaaS leader solving global supply chain challenges, announced the appointment of David Jen to the company's Board of Directors. David brings two decades of finance and strategy development experience across a comprehensive portfolio of deep technology companies spanning multiple industries, from self-driving cars to drone delivery, healthcare, and telecommunications. He currently leads the investment and finance team at X, Alphabet's moonshot factory (formerly Google-X).  As a board director, David will provide strategic investment and advisory to Quincus' leadership team as the company expands globally. 

"We are thrilled to have David on the team as he brings a perfect mix of visionary, organizational leadership and corporate experience to counsel us as we grow," said Jonathan E. Savoir, CEO, and co-founder at Quincus. "David is passionate about turning emerging technologies into businesses, transparency through metrics, and creating the right environment for repeatable innovation - a perfect fit for Quincus as we strengthen our foothold globally."

"I'm fascinated by the global network of transportation required to get everyday goods to families all over the world," said David Jen, Board director at Quincus. "Yet despite commerce being ever more complicated, supply chain technology hasn't fundamentally changed for decades. We're now seeing a shift in the transportation of goods, moving from a rigid system built around global hubs, process, and scale to a multimodal model powered by big data and advanced AI.  Observing the Quincus team develop their platform over the past few months, I believe Quincus is uniquely positioned to lead this transformation. I am excited to work with the Quincus team to democratize the movement of goods and commerce everywhere."

Quincus recently closed its Series B funding round led by UP.Partners, with participation from existing investor GGV Capital. This round will help expand its global footprint in Asia-Pacific, North America, the Middle East, and selected markets in Latin America and Europe. Quincus also strengthens multi-mile and artificial intelligence offerings by creating more robust and transparent supply chain networks worldwide. It aims to grow its team to over 400 people to support its operations.
Published Wednesday, October 27, 2021 11:04 AM by David Marshall
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