WALTHAM, MA–(Marketwired – Nov 18, 2014) – Trinity Pharma, a leading provider of cloud-based data and analytics solutions for the global life sciences industry, today announced two key appointments to the company. Technology finance veteran Dennis Morgan joins as the company’s chief financial officer, and Steven Hirschfeld takes a position on the board of directors.
In his newly created position, Morgan is charged with building a world-class finance team and scaling the company to keep pace with strong demand. Hirschfeld currently serves as chief commercial officer at Medidata Solutions and brings to Trinity’s board of directors significant experience ranging from scaling early stage sales and marketing teams to managing business activities at a global public SaaS technology company. Both executives join at a pivotal moment as the company experiences significant momentum and sees demand for its industry analytics platform soar, including the recent addition of seven major BioPharm customers globally.
“Dennis is an accomplished leader with significant financial and operational expertise in the SaaS technology space,” noted Zackary King, Founder and CEO of Trinity. “We’re thrilled to have him on our management team and look forward to his contributions as we help shape the future of healthcare.”
King continued, “Steve has extraordinary business expertise and an impressive track record building and running large, successful global life science software companies. Steve brings a wealth of sales and marketing experience combined with a keen focus on customer success that will be a great addition to our board.”
Morgan is a software and digital media executive with over 20 years of leadership experience in finance and corporate/business development. He comes to Trinity as a five-time CFO of venture-backed technology companies in both Boston and New York City. Morgan previously served as the CFO of Acquia, which he guided through a $50 million fundraising round and subsequent IPO preparation. Prior to Acquia, Morgan was the CFO at social media SaaS provider Buddy Media, where he led financial operations through a period of exceptional growth and the resulting acquisition by Salesforce.com for $745 million. Before beginning his tenure as a CFO, Morgan was Vice President of Corporate Finance at Yahoo!, where he served as the finance head for the company’s $3 billion search division and led corporate finance efforts for over $5 billion in acquisitions and business development deals.
“I am very excited about the opportunity to join the Trinity management team,” said Morgan. “Trinity has a demonstrated history of delivering highly-valued solutions to its clients, and is clearly positioned to rapidly grow its share of the market.”
Hirschfeld joins the Trinity board in addition to his current role as chief commercial officer for Medidata, a public company headquartered in New York City that offers cloud solutions to address the entire clinical development process through innovative technology, platform interoperability and analytics. As a founding executive, Hirschfeld manages Medidata’s global sales, alliances, channels, and value organizations. His contributions played an instrumental role in the company’s IPO in 2009 and current market cap of $2.5 billion.
“I am honored to join the Trinity board and work with this exceptional team,” said Hirschfeld. “Trinity is a leading industry cloud company that delivers truly innovative and disruptive data and analytics solutions. I look forward to sharing my experiences and contributing to the future direction and growth of this global leader.”
About Trinity Pharma
Trinity Pharma is the leader in cloud-based data, analytics, and mobile solutions for global life sciences. Trinity is the only industry cloud provider of data and analytics solutions to life sciences companies that delivers an end-to-end solution using patent pending technology. The company introduced the industry’s first cloud-based HTML5 mobile analytics application and data integration platform to deliver personalized, data-driven customer analytics. Trinity helps customers achieve significant scale and agility by moving to the cloud and dramatically increasing customer insights for commercial business units across the enterprise.