NEW
YORK, Oct. 9, 2024 /PRNewswire/ -- Mews , a
cloud SaaS and fintech platform that serves the hospitality
industry, has announced today the appointment of Steve Cakebread to the company's board.
Cakebread is famed for leading the financial teams that took
Salesforce, Pandora and Yext to IPO and is the author of "The IPO
Playbook: An Insider's Perspective on Taking Your Company Public
and How to Do It Right."
Cakebread serves on the board of Bill.com, which went public in
December 2019, and sat on the boards
of SolarWinds and eHealth. Earlier in his career, he served as CFO
for Autodesk, VP of Finance for Silicon Graphics (now SGI), and
Director of Finance at Hewlett-Packard.
Matt Welle, CEO of Mews,
commented, "Steve's capital markets experience is renowned, having
led Salesforce, Pandora and Yext through IPOs and beyond. He has a
deep understanding of building teams, governance and
accountability, which will be instrumental in our growth journey.
We are delighted that Steve joins the board at such a crucial time
in our growth."
Mews founder, Richard Valtr,
added, "Steve is a seasoned leader with phenomenal experience
leading financial teams to success. His invaluable knowledge and
strategic oversight are exactly what we need to navigate Mews' next
chapter, support our aggressive growth plans, and cement our
position as the market leader in cloud hospitality."
Cakebread's appointment comes as Mews experiences exponential
growth. In the last 12 months, Mews has reached unicorn status with
a valuation crossing $1.2 billion,
seen a 250% increase in customers in North America, and achieved over 25 million
check-ins at hotels worldwide. Mews recently announced $100m in new financing from Vista Credit Partners
to further fuel its organic growth and M&A program through its
investment arm, Mews Ventures.
"Mews has a colossal opportunity in the hospitality software and
payments markets, sized at over $20
billion, driven by widespread adoption of cloud-based
technology. Mews has achieved market penetration in core
geographies, serving more than 5,500 hospitality brands worldwide,
and is well poised to become the market leader. A key enabler of
the company's success is its marketplace which sees over 1,000
integrations on its platform, offering hoteliers the best solutions
to build tailored tech stacks for their needs."
He added, "Mews has the people and the passion to deliver on its
mission and transform hospitality and beyond. The team is driving
impressive product development and flawless execution, powering its
growth trajectory. I am excited to be a part of Mews' continued
success and to work with the leadership team to accelerate the
company's next phase."
Mews is trusted by the world's most innovative hospitality
brands, including BWH Hotels, Strawberry and Lark Hotels.
About Mews
Mews is the leading platform for the new era of hospitality.
Powering over 5,500 customers across more than 85 countries, Mews
Hospitality Cloud is designed to streamline operations for modern
hoteliers, transform the guest experience and create more
profitable businesses. Customers include Generator-Freehand,
Strawberry, The Social Hub and Airelles Collection. Mews was named
Best PMS (2024) and listed among the Best Place to Work in Hotel
Tech (2021, 2022, 2024) by Hotel Tech Report, as well as World's
Best Hotel PMS Provider (2023) and World's Best Independent Hotel
PMS Provider (2022, 2023) by World Travel Tech Awards. Mews has
raised $335 million from investors
including Goldman Sachs Alternatives, Kinnevik and Revaia to
transform hospitality.
For more information, please contact Katie Halfhead (
press@mews.com )
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SOURCE Mews