SingleStore, the leading data platform enabling real-time transaction, analysis, and contextualization of data, has announced the appointment of Robert O’Donovan as Chief Financial Officer (CFO). O’Donovan, whose distinguished finance career spans over 30 years, joins SingleStore’s executive leadership team at a pivotal moment as the company continues to lead advancements in data technology and generative AI.
O’Donovan brings extensive experience from his tenure as CFO at various software and data companies, including Cohesity, DataStax, and Pivotal Software. His 17-year career at Dell-EMC saw him in numerous high-impact roles, including Vice President of Sales Productivity & Enablement for EMC Asia Pacific & Japan, and CFO for EMC in Australia/New Zealand, the UK, and Asia Pacific & Japan.
“Robert’s decades of experience at the intersection of finance and technology offer a wealth of knowledge that we are thrilled to have at SingleStore,” said Raj Verma, CEO of SingleStore. “He will play a key role in shaping SingleStore’s investment and financing strategies as we prepare for our next chapter of expansion and growth.”
Commenting on his new role, O’Donovan expressed enthusiasm about joining SingleStore: “SingleStore’s platform is unique in the data technology industry and highly regarded by its peers, customers, and investors. Artificial intelligence is poised to transform our industry, the economy, and the approach to innovation. I look forward to helping shape SingleStore’s financial decisions and operational objectives as we embark on this new era.”
SingleStore’s commitment to innovation is reflected in its ranking as the number one vector database in 2024. The company’s focus on generative AI has driven significant product advancements, leading to substantial growth in its customer base and pushing its annual recurring revenue (ARR) to surpass $100 million by the end of 2023.
