Huddle's CEO, CTO, and COO have quit 3 months after its acquisition

Huddle offers cloud collaboration software and was once considered a hot rival to Box and Dropbox.

After months of financial struggles, the startup was sold in August to San Francisco buyout specialist Turn/River.

Now, three months later, Huddle's chief executive and chief operating officer have quit for secure messaging firm Wire. Its CTO has also left.

It isn't clear if Huddle has replaced the two senior executives.

Wire wants to build out its offering to businesses under its new leadership.

Huddle, the cloud collaboration service once considered a serious rival to Dropbox and Box, has lost its CEO, CTO, and COO three months after its acquisition by San Francisco private equity firm Turn/River.

CEO Morten​ ​Brøgger​ and COO Rasmus Holst have quit for Skype-backed secure messaging app Wire as chief executive and chief revenue officer respectively. CTO Stuart Cochran has left to take up the same role at BridgeU, which matches students to university courses.

Huddle has not responded to a request for comment.

It isn't clear whether Huddle has appointed successors to its former executives, and its future under Turn/River remains unclear.

As reported by Business Insider, the San Francisco and London-based startup was sold off to Turn/River for an estimated $89 million (£68 million) in August —...

31 Published By - Business Insider - 2017.12.07. 11:37
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