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ClearLeap

THE CHALLENGE

Strategic guidance through rapid growth

THE SITUATION

Clearleap needed to manage dynamic business from $500K to $20+M in revenue and through multiple funding rounds and prepare for acquisition.

They also needed to quickly establish international operations setup in support of large
customer contract.

They wanted to help manage growth of employee base to well over 100 on 3 continents and
5 countries.

TECHCXO INTERVENTION

TechCXO was engaged for four years as CFO and guided Clearleap through multiple rounds of equity funding and millions of dollars of capex financing to support it’s revenue growth, international expansion and growth to over 100 employees. We ultimately assisted in recruiting and transitioning to a full time CFO and remained engaged as advisor through the acquisition stage.

THE OUTCOME

Acquired by IBM in 2015 providing a significant return to the investors and other stakeholders

“TechCXO guided us through our development, growth and our successful exit.”

Braxton JarrattCEO

ClearLeap