SAN FRANCISCO--(BUSINESS WIRE)--Today Cloudleaf announced that John Chambers has joined the company as a strategic advisor and investor. Chambers will mentor the Cloudleaf executive team, including CEO Mahesh Veerina, providing strategic direction and counsel on growth, digital innovation, and company culture.
As the founder and CEO of the purpose-driven venture firm JC2 Ventures, Chambers helps disruptive startups from around the world, like Cloudleaf, build and scale effectively. Prior to founding JC2 Ventures in January 2018, Chambers served as the Executive Chairman and CEO at Cisco Systems, where he helped grow the company's revenues from $70 million to $47 billion during his 20+ year tenure leading the global technology giant.
"Cloudleaf is enabling major digital disruption in global supply chains through its powerful platform approach, driven by cloud computing, AI and ML, and IoT technologies," said Chambers. "AI is one of the technologies that will transform every industry and I am always looking for companies who are at the forefront of this game-changing technology. I am excited to be part of the industry transition Cloudleaf is leading, with the team focused on turning supply chains into data-driven strategic assets and, ultimately, engines for innovation that will open doors to valuable new customer experiences. As a strategic advisor, investor, and mentor, I look forward to working with Cloudleaf’s experienced, world-class team as they define what it means for companies around the world to have supply chain digital visibility."
At Cisco, Chambers changed the world during the Internet era, and in his current role at JC2 Ventures, Chambers is changing the world one more time. He believes that startups will be the core drivers of economic growth, job creation, innovation, and inclusion in the future, which is why he does more than just invest in the companies in his portfolio. He is redefining the role of the modern venture capitalist, positioning himself as a true mentor to CEOs and an extension of their core teams. Throughout his career, Chambers has received countless awards and recognitions for his leadership and corporate philanthropy, including the Padma Bhushan Award from the Government of India, the Woodrow Wilson Award for Corporate Citizenship, and the Clinton Global Citizen Award, in addition to being named as one of Time Magazine's "100 Most Influential People” and CNN's Top 25 Most Powerful People, among others.
"John Chambers is a technology visionary who developed the Silicon Valley playbook on how to build an amazing company and deliver disruptive technologies," said Mahesh Veerina, CEO of Cloudleaf. "We are honored to welcome John as a strategic advisor and investor as we help our customers turn their supply chains into data-driven strategic assets. We look forward to learning from the best.”
“On behalf of the Cloudleaf Board of Directors, we welcome John Chambers. We are delighted to leverage his vast experience to deliver to great heights on Cloudleaf’s business opportunities in Supply Chain Visibility,” said Sriram Viswanathan, Founding Managing Partner of WRVI Capital.
Cloudleaf’s mission is to create significant value across the end-to-end supply chain network by dramatically increasing visibility of product flow and condition. Cloudleaf customers leverage that improved visibility to increase revenues, reduce material losses and enhance the reliability of operations. Cloudleaf customers achieve improvements in supply chain visibility of as much as 5x, first-year return-on-investment of as much as 70x, and annualized value in the tens of millions of dollars.
The Cloudleaf Supply Chain Digital Visibility Platform™ is a powerful combination of IoT, artificial intelligence/machine learning and advanced analytics that delivers comprehensive, real-time, end-to-end insights into supply chain operations – from suppliers, through production and distribution -- to customers. Processing billions of events per second, Cloudleaf technology creates a digital twin of the supply chain and enhances operations and integrated business planning systems with real-time delivery of diagnostic and predictive insights. See https://www.cloudleaf.com/about for additional company information.