Press Releases
Boston, MA – August 31, 2022 – Ambassador Labs, the cloud native developer experience leader, today announced that it has secured a $20 million growth investment led by global software investor Insight Partners. In conjunction with the funding, the company has appointed Steve Rodda, a technology industry veteran, as the company’s new Chief Executive Officer. Rodda replaces Richard Li, who will remain on the executive leadership team as Chief Product Officer and co-founder.
Rodda joins Ambassador Labs at a time of significant growth, with the company achieving over 200% year-over-year revenue growth. Ambassador Labs will use this additional investment to accelerate go-to-market initiatives and expand its open source and commercial product portfolios.
Steve Rodda brings an extensive background of technology and product management experience, with his early days spent as a programmer. He has maintained a consistent focus on delivering solutions to market that address customer challenges. He most recently served as chief executive officer at API design platform provider Stoplight. Prior to Stoplight, Rodda was chief operating officer at Cherwell Software (now owned by Ivanti) and led end-to-end delivery of the company’s IT service management software solutions to support customer success. He has also held product leadership roles at SolarWinds and LOGICnow (currently owned by SolarWinds).
August 31, 2022 | 6 min read
Press Releases
Boston, MA – July 27, 2022 – Ambassador Labs, the cloud native developer experience leader, today announced the appointment of Deren Rehr-Davis as its new Vice President of Sales. An industry veteran with nearly a decade of experience in enterprise software sales, Deren will drive the company’s commercial business around helping organizations accelerate their cloud native transformation.
According to VMWare’s State of Kubernetes 2022 Report, Kubernetes has become an industry standard, with 99% of respondents saying they have realized benefits from deploying the technology. The appointment of Deren will help Ambassador Labs meet the challenges organizations face when adopting cloud native technologies like Kubernetes. Deren brings extensive experience leading global sales teams and scaling business operations in complex large-scale environments that fuels revenue growth. Most recently, Deren was a global sales leader at Google Cloud where he led worldwide sales for the company’s data analytics software for the next generation of data infrastructure. Prior to Google, Deren held a director of sales position at business intelligence platform provider, Looker (acquired by Google Cloud), where he led the company’s strategic emerging growth market teams and business development teams.
“Everything we do is about improving the developer experience and delivering trusted tools that help organizations build and manage cloud native applications at scale without compromising developer productivity,” said Richard Li, co-founder and CEO at Ambassador Labs. “Deren has an impressive track record of building and leading global sales teams to deliver cloud native solutions for customers worldwide. I’m excited to have him at the helm of our sales organization as we enter our next phase of commercial growth.”
July 27, 2022 | 5 min read
