Apigee Appoints Steve Valenzuela Chief Financial Officer

Valenzuela Brings Over 30 Years of Experience in High Tech in Both Public and Private Companies

Oct. 17, 2013 – Apigee today announced that Steve Valenzuela has joined the company as chief financial officer (CFO). With over thirty years of high-tech experience, including fifteen years as a public and private company CFO, Valenzuela brings direct experience with high growth companies in emerging markets. He will play a key role in guiding Apigee as it continues to shape digital businesses built on apps, data and APIs.

“Apigee has evolved and grown rapidly over the years, and we now help companies in every industry – including many of the largest global businesses -- transform themselves into leaders for a mobile world,” said Chet Kapoor, CEO of Apigee. “Steve is joining at a pivotal juncture for the company, and he will bring invaluable hands-on industry experience and insight that will help us take Apigee to the next level.”

Valenzuela joins Apigee from Citrix, where he served as vice president of finance and operations for the mobile platforms group. Prior to Citrix, Steve was CFO at Zenprise where he played a key leadership role in the successful sale and integration of Zenprise into Citrix. He also served as CFO for Rainmaker Systems, where he completed a secondary public offering on NASDAQ, and CFO of PlanetRx where he drove a successful IPO with Goldman Sachs as the lead banker.  Before this, Steve was the CFO of LinkExchange, which was acquired by Microsoft.  Earlier, Steve held financial leadership roles at Tandem Computers, Atari and Intel.

“Apigee is experiencing strong growth as organizations increasingly must rely on apps, data and APIs to embrace the major shift to cloud and mobile,” said Valenzuela. “I look forward to working with the very strong leadership team that Apigee has assembled and providing the necessary support and infrastructure to scale the business to address this very large market opportunity.”

Apigee helps organizations transform and succeed in the new data-centric, mobile world. Its digital business platform includes Apigee Enterprise, a complete platform for creating, managing and measuring digital initiatives built on apps, data and APIs; Insights, a powerful big data analytics platform that helps organizations gain new business insights in the app economy; and the Apigee API Exchange, an API interoperability platform that powers app ecosystems across any industry.

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