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AuditBoard Snags Two Executives From Cisco

Los Angeles-based cloud-based software developer AuditBoard--which develops software for managing audit, risk, and compliance programs--says it has named two executives this morning. The company said it has named Tom Schmit as Chief Revenue Officer and Chris Doell as Chief Customer Officer. Schmit was previously Chief Revenue Officer at AppDynamics, a division of Cisco, where the company said he led a team of more than one thousand people, having taken that division from less than $50M in annual recurring revenue to more than $500M. Doell was previously Global Customer Success, Cloud Security at Cisco, which he joined when Cisco acquired OpenDNS; he also served at Zenprise. AuditBoard is backed by Battery Ventures.