Fugue, the company putting engineers in command of cloud security and compliance, announced the appointment of Josh Stella as Chief Executive Officer and David Mitchell as President and Chief Operating Officer. Former CEO Phillip Merrick is leaving the company after leading Fugue through the development and launch of its innovative next-generation Cloud Security Posture Management Software-as-a-Service (SaaS) product and charting significant customer growth.
David Mitchell will lead Fugue’s go-to-market strategy and operations. Previously, David Mitchell worked closely with Phillip Merrick at webMethods, where David served as Vice President of World-Wide Sales and succeeded Phillip as CEO, going on to guide the company’s sale to Software AG. webMethods remains the biggest initial public offering (IPO) in the history of the Washington, DC region. Since webMethods, David has served in leadership positions at innovative enterprise software companies such as Appian, Global360, and VersionOne.
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“I was drawn to Fugue because of their highly differentiated approach to addressing the security challenges organizations face when operating in the cloud, along with the sheer scale of the market opportunity,” said David Mitchell. “Fugue’s world-class team has demonstrated a remarkable pace of software innovation and is delighting customers with a product that is transforming how they do cloud security so they can move faster and be more competitive. I’m excited to help lead the company through its next phase of growth.”
Fugue recently introduced next-generation Cloud Security Posture Management (CSPM) capabilities to help customers prove cloud compliance, eliminate misconfiguration risks, and build cloud security into every stage of the software development lifecycle. Fugue delivers continuous visibility into the configuration state and security posture cloud environments and fully automates continuous cloud compliance. Fugue provides turnkey support for industry compliance standards including CIS Foundations Benchmarks, GDPR, HIPAA, ISO 27001, NIST 800-53, PCI, and SOC 2.
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“David has consistently proven that he can grow software companies into extremely successful market leaders, and we’re thrilled to welcome him to Fugue,” said Josh Stella, who returns to the CEO position and remains Chairman of the Board and Chief Technology Officer. “I’m grateful to Phillip for his leadership in transforming Fugue’s technology innovation into a best-in-class enterprise cloud security SaaS product with significant customer traction, and I’m looking forward to further building on that success with David and the amazing Fugue team.”
“Fugue is revolutionizing enterprise-scale cloud security and compliance so customers can safely adopt cloud technologies and drive digital transformation,” said Colin Bryant of New Enterprise Associates (NEA). “I’m thrilled to welcome David to the team and support Josh as he returns to the CEO position as the company enters the next phase of growth.”
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