iCode, Inc., developer of an integrated “all-in-one” enterprise resource planning solution for small businesses (“mini-ERP” solution) today announced it has appointed James (“Jim”) McGowan as its new chief executive officer. With this announcement, Bijal Mehta, iCode’s co-founder, assumes the position of chairman of the board, providing strategic input and overall vision into the company’s long-term direction, and serving as the company’s outbound emissary.
Mr. McGowan’s executive management experience in technology and software spans more than 30 years with a half dozen various high technology firms or divisions, achieving increasingly dramatic positive outcomes. Most recently, Mr. McGowan brought mid-market ERP software developer Infinium Software Inc. to a $7.00 per share valuation in 2002 from its below $1.00 per share market value when he joined in early 2001.
“iCode’s successful growth has always been my primary objective,” said Bijal Mehta. “Jim is an A-plus player and has repeatedly demonstrated excellent leadership capabilities. I am confident that he will take iCode to a heightened level of growth, expansion, and increased operational efficiency.”
Mr. McGowan earned a B.A. from Boston College and reached the rank of Captain in the United States Marine Corps. His new post at iCode begins immediately and he will operate from the company’s U.S. headquarters in Chantilly, Virginia.
iCode recently secured $8 million in its Series C round of venture financing, led by Sierra Ventures. Updata Capital led iCode’s Series B round and also participated in the most recent round of funding.
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