Press release

Tim Cabral Joins the SingleStore Board to Enhance the Next Phase of Growth

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Sponsored by Businesswire

SingleStore, The Database of NowTM for cloud-native modern applications, today welcomed Tim Cabral, the former CFO of Veeva Systems, to its board of directors. At Veeva Systems, Cabral was a key player in Veeva’s global expansion efforts; played a strategic and operational role in five acquisitions; and helped the company grow annual revenue from approximately $10 million to more than $1 billion. Cabral also was instrumental in Veeva’s stellar initial public offering, which raised more than $300 million in primary and secondary capital and helped to drive a tenfold increase in market capitalization.

“Tim has done amazing work in taking businesses to the next level,” said SingleStore CEO Raj Verma. “I couldn’t be more excited to have him on the board to help us charter our future as SingleStore continues to evolve its influence as a major force in the data ecosystem.”

“SingleStore has delivered amazing results in the past year amid an extremely challenging environment,” said Cabral. “I look forward to being involved with this database innovator, working with Raj, and bringing the operational experience I have gained at both private and large public companies to SingleStore as the company positions for greater scale and success.”

In addition to his pivotal work at cloud computing business Veeva, Cabral served as senior finance executive at PeopleSoft, running the corporate financial planning and analysis organization and leading an operational finance team that supported the company’s product GM organizations. Cabral founded cloud company Agistics after leading PeopleSoft.

Additionally, Cabral has a wealth of board experience. He served on the board of Apttus from October 2017 through that company’s successful sale to Thomas Bravo. And currently Cabral is also on the boards and serves as the audit committee chair for both Doximity and ServiceTitan.

The SingleStore unified database enables fast analytics on any data, anywhere, to enable organizations’ analytics and customer experiences. The SingleStore distributed SQL database supports transactions and analytics; handles structured, unstructured and semi-structured data; and works in public clouds, on-premises environments and hybrid deployments.

About SingleStore

SingleStore is dedicated to helping businesses adapt more quickly, embrace diverse data, and accelerate digital innovation by operationalizing all data through one platform for all of their moments that matter. These capabilities are provided as a service on Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform, Red Hat and through your own deployments with SingleStore Managed Service and SingleStore DB. Visit www.singlestore.com or follow us @SingleStoreDB.