HERZLIYA, ISRAEL, Aug. 24, 2021 -- Otonomo Technologies Ltd. (Otonomo) (NASDAQ: OTMO), a leading provider of a pioneering vehicle data platform and marketplace, today announced that Vered Raviv Schwarz and Jonathan Huberman were appointed to its Board of Directors.
Ben Volkow, Otonomo CEO and Chairman of the Board, commented “We are truly honored to welcome Vered and Jonathan to our Board. Ms. Raviv Schwarz brings 28 years of expertise in leadership, corporate law, and mergers and acquisitions. As former President, Chief Operating Officer and General Counsel at private and public companies in the technology industry, she brings unparalleled executive experience. Mr. Huberman’s impressive career includes over 25 years of high-tech business leadership experience, his insights will be a welcome addition to our board. In addition to leading turnarounds and exits at five technology companies, he spent many years as an investor, leading investments in private and public companies. We look forward to their guidance, as we work together to take Otonomo to the next level as a public company.”
Ms. Raviv Schwarz is the current President and COO of Guesty, Inc., an online property management platform for vacation and short-term rentals. She previously served as the COO of Fiverr, an online marketplace for freelance services; she served as the General Counsel and Vice President of Global Operations at Kenshoo and MediaMind (Sizmek Inc.); and as the Vice President of Legal Affairs at Radware Ltd. Ms. Raviv Schwarz began her career as a practicing lawyer, specializing in corporate law, mergers and acquisitions, and initial public offerings. She holds an LL.B and an LL.M in Commercial Law from Tel Aviv University.
Mr. Huberman has been the Software Acquisition Group, Inc Chairman, CEO and CFO since its inception. Previously, he served as CEO of Ooyala, a provider of media workflow automation and monetization solutions; as CEO of Syncplicity, a SaaS enterprise data management company. He also held the roles of CEO of Tiburon, an enterprise software company serving the public safety sector; and CEO at Iomega (NYSE: IOM), a consumer and enterprise storage solutions provider. Mr. Huberman holds a B.A. in Computer Science from Princeton University and an MBA from The Wharton School at the University of Pennsylvania.
About Otonomo
Otonomo fuels a data ecosystem of OEMs, fleets and more than 100 service providers. Our platform securely ingests more than 4 billion data points per day from over 40 million global connected vehicles, then reshapes and enriches it, to accelerate time to market for new services that improve the in-and-around the car experience. Privacy by design and neutrality are at the core of our platform, which enables GDPR, CCPA, and other privacy-regulation-compliant solutions using both personal and aggregate data. Use cases include emergency services, mapping, traffic management, EV management, subscription-based services, parking, predictive maintenance, insurance, media, in-vehicle services, and dozens of smart city solutions. Otonomo has an R&D center in Israel, and a presence in the United States, and Europe. More information is available at otonomo.io
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Forward-Looking Statements
This communication includes forward-looking statements within the meaning of the federal securities laws including statements regarding the benefits of the business combination, the products and services offered by Otonomo and the markets in which it operates, and Otonomo’s projected future results. These forward-looking statements are generally identified by terminology such as “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negatives of these terms or variations of them or similar terminology. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Otonomo and its management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: volatility in the price of Otonomo’s securities due to a variety of factors, including changes in the competitive and highly regulated industries in which Otonomo plans to operate, variations in performance across competitors, changes in laws and regulations affecting Otonomo’s business and changes in the combined capital structure, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the definitive proxy statement/prospectus filed with the SEC on July 21, 2021 and other documents filed by Otonomo from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Otonomo assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved.
