Theobald has over 20 years of software industry experience and has previously held senior executive roles at both large enterprise and venture-backed software companies, including being a VP at global developer of business software and hardware systems Oracle, founder at RubiconSoft and SVP at Serena Software, a provider of application and process governance. Carmen Sebe, the former CEO who has led the company since 2005, will assume the role of Chief Operating Officer.
In recent news, Avangate has introduced the Boleto Bancario payment method and additional localization options for Brazil to enable software vendors to tap into BRIC markets.
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