Upbound Expands Executive Team Amidst Strong Company Growth; Appoints New Product and Sales Leadership

Company’s first CPO and VP of sales to bring Upbound to platform teams that build, deploy and manage cloud platforms using control planes at scale

SEATTLE, WA — February 9, 2023 Upbound, the creators of the popular open source project Crossplane, announced the appointment of Oren Teich as Chief Product Officer and Tom Anthony as Vice President of Global Sales and Customer Success. The announcement follows a momentous year of growth at Upbound, including tripling its team to 65 people around the globe, fueled by the wide adoption of Crossplane across Fortune 500 companies.

“We’re thrilled to have Oren and Tom join the team and believe this marks a pivotal point in our company's growth,” said Bassam Tabbara, founder and CEO of Upbound. “The last year at Upbound has been a year of exceptional commercial growth. We’ve added many new customers to our portfolio including BMW, Grupo Boticario, American Family Insurance, and other Fortune companies. We’ve innovated with and nurtured the Crossplane community to a place where it now sees consistent predictable growth month over month. Upbound is on a trajectory to transform the way companies think about their cloud infrastructure. It’s only upwards from here!”

Oren Teich joined Upbound as Chief Product Officer with over 20 years of experience in cloud infrastructure, cloud native and platform-as-a-service (PaaS). Past experience includes product management for developer products at Google Cloud and creating Cloud Run. Previously he started as the first product hire at Heroku, and left as the General Manager of the entire company. Teich took Heroku from $1,000 in annual revenue to over $30 million in only four years.

After almost a decade at Okta, bringing the company from less than $20 million in annual revenue to over $1.7 billion, Tom Anthony joins Upbound as Vice President of Global Sales and Customer Success with over 20 years of sales experience in security and infrastructure with market leaders like Websense, Fortinet and Okta.

The addition of Teich and Anthony round out an already impressive leadership team that includes former Airbnb, Twilio and Uber engineering leader, Sumbry. Joining Upbound as Head of Engineering a year earlier, Sumbry has built an exceptional engineering organization at Upbound, with talent spanning open source, cloud and enterprise.

This leadership triple-threat positions Upbound as a company poised for exponential innovation and growth in 2023 after raising $60 million in Series B funding in late 2021.

About Upbound

Upbound is the company behind the popular open source project Crossplane and offers a platform for engineering teams building and operating cloud products and services using Crossplane. Upbound is a Series B startup and has raised $69M in total funding. Upbound’s backers include GV (formerly Google Ventures), Altimeter Capital and Intel Capital. For more information, please visit upbound.io.

UPBOUND and the Upbound Logo (the “Marks”) are trademarks and service marks of Upbound, Inc. in the U.S. and other countries. You are not permitted to use the Marks without the prior written consent of Upbound.

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Kelly Tenn