SOURCE: Qstream, Inc.

Qstream Mobile Sales Enablement & Analytics

December 09, 2015 09:32 ET

Qstream Names Former HubSpot Executive, Dave Stack, as CFO

Boston Tech Veteran to Lead Financial Operations of High-Growth SaaS Company Transforming How Market Leaders Use Mobile Devices to Manage and Measure Sales Team Performance

BURLINGTON, MA--(Marketwired - December 09, 2015) - Qstream, makers of mobile enterprise software for igniting high-performance sales teams, today announced that it has named tech veteran, Dave Stack, as Chief Financial Officer. Drawing on more than 20 years of success in global financial operations for Boston-based SaaS companies including HubSpot and Localytics, and established companies such as RSA Security, Stack will support Qstream's continued growth in the emerging sales performance analytics market.

Stack's appointment comes as Qstream winds up another successful year, highlighted by 300 percent growth in enterprise accounts, including thousands of new users in the Fortune 100, strategic integration with Salesforce.com, expanded European headquarters offices in Dublin, as well as recognition as MITX "Most Innovative Mobile Solution" and Gartner Cool Vendor in Sales for 2015.

"We are delighted to welcome Dave to our management team," said Duncan Lennox, Qstream CEO and co-founder. "His impressive achievements building high-value software companies in the Boston tech community, and experience developing key financial models in support of strategic growth decisions, will play an important role in our continued global expansion."

Joining from mobile analytics provider, Localytics, Stack served as CFO for marketing automation leader, HubSpot, during the company's rapid growth, helping to secure three rounds of funding and oversee the finances of strategic acquisitions and related integrations leading up to an initial public offering (IPO). Prior to HubSpot, Stack was vice president of finance for EMC and vice president of finance for RSA Security. He currently serves on the board of BrandYourself, an online reputation management tool, featured on the popular TV Show, SharkTank.

"Qstream is an incredible company poised for enormous success," said Stack. "The transformational nature of data analytics in the sales performance industry creates a tremendous market opportunity for Qstream, and as we look to build and scale the company for continued growth, I'm honored to be a part of it."

Qstream's powerful data engine provides frontline sales managers with insights that make them more effective coaches, enable better decisions about their teams, and equip reps for value-added client interactions that drive revenue and keep pace with market change.

The platform's mobile, data-driven approach is proven to be 170 percent more effective at building confident sales teams over traditional sales enablement methods. Client results include 20 percent higher quota attainment, 12 percent decrease in turnover and 3 percent improvement in gross margin.

About Qstream
Qstream's sales capabilities platform is used by leading brands in technology, financial services and life sciences, including 14 of the world's top 15 pharmaceutical companies, to manage the effectiveness of their front-line managers and sales channels. Developed at Harvard, Qstream's scientific approach has been validated in more than 20 randomized control trials to boost performance and durably change behaviors in just minutes a day using any mobile device. To learn more, visit Qstream.com, follow us @Qstream or like us at facebook.com/Qstream.

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