Accomplished corporate development veteran joins cloud leader DoiT to drive strategic inorganic growth
SANTA CLARA, Calif., March 19, 2024–(BUSINESS WIRE)–DoiT International (DoiT), a leading provider of intelligent FinOps technology and unrivaled cloud expertise, today announced the appointment of Jake Kaldenbaugh to vice president, corporate development and investments. In this new role, Kaldenbaugh will help drive DoiT’s next stage of growth in cloud management by creating and executing strategic acquisition and investment strategies.
“As we look to build a robust M&A program and integration capability, I’m thrilled to welcome Jake to the DoiT team,” said Vadim Solovey, CEO at DoiT. “His expertise will be key in discovering and acting on acquisition and investment opportunities for DoiT that closely align with our ambitious vision and goals. I look forward to working with Jake and the rest of our leadership team as we embark on global expansion initiatives in 2024 and beyond.”
With over 20 years of strategic leadership experience driving growth and innovation for enterprise technology companies, Kaldenbaugh will be responsible for strategizing, sourcing, evaluating, negotiating and executing M&A opportunities to enable DoiT’s inorganic growth strategy. In his career thus far, Kaldenbaugh has spearheaded over $10 billion in strategic expansions across M&A, partnerships, investments and global expansion initiatives for companies like Accenture, CA Technologies, Borland Software and as a sell-side investment banker. Kaldenbaugh has extensive domain experience in the cloud infrastructure and management markets as well as strategically adjacent spaces that will accelerate DoiT’s expansion, including DevOps and platform engineering, data infrastructure and cybersecurity.
“DoiT has demonstrated excellent business momentum in recent years, and I’m excited to further accelerate this growth through strategic M&A and expansion opportunities,” said Kaldenbaugh. “As cloud computing becomes the primary innovation architecture across the global corporate computing landscape, DoiT is well-positioned to extend its growth and leadership in the market helping companies adopt, mature and leverage cloud platforms. I look forward to helping the leadership team drive continued growth and profitability by accelerating the company’s strategy.”
Prior to joining DoiT, Kaldenbaugh held several positions at Accenture LLP, where he was responsible for sourcing and managing strategic venture investments across the company’s global solutions businesses. He has also held technology investment banking leadership roles at GrowthPoint Technology Partners, Volpe, Brown, Whelan & Co. and Arthur Andersen LLP. He is a holder of the Chartered Financial Analyst (CFA) designation and a former member of the San Francisco and Los Angeles Societies of Financial Analysts.
About DoiT International
DoiT is a global technology company that provides intelligent software and unrivaled multicloud expertise to cloud-driven organizations.
With nearly 2,500 years of collective cloud operations experience, DoiT works alongside more than 3,000 customers in 70+ countries to drive business growth. For more information, visit doit.com.
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JaeMi Pennington
Metis Communications
doit-intl@metiscomm.com