REDWOOD CITY, Calif.–(BUSINESS WIRE)–Moloco (www.moloco.com), a leader in machine learning and growth solutions for performance marketers, today announced the appointment of Dharti Patel as Chief Accounting Officer (CAO) of the society. In his new role, Dharti will oversee Moloco’s global accounting function, financial reporting and tax function and help drive revenue strategy and overall financial health.
With over 25 years of experience building and transforming the finance operations of rapidly growing companies, Dharti brings a unique skill set and expertise in leading finance through significant change, including mergers and acquisitions and the preparation of public enterprises. She previously served as CAO at Momentive (formerly SurveyMonkey), where she was instrumental in the success of SurveyMonkey’s IPO in 2018. Dharti has also held several finance roles during her 12 years at Yahoo!, eventually serving as the media giant’s chief executive officer. Financial planning and analysis for the Americas.
“We are delighted to welcome such a seasoned finance professional to our leadership team,” said Brandon Maultasch, Moloco’s Chief Financial Officer. “I am confident that Dharti’s experience and expertise will help propel our global expansion to support our mission to democratize machine learning for businesses of all sizes.”
As CAO, Dharti’s duties will include re-engineering and streamlining operations to scale and support Moloco’s growing business, including policy implementation and automation of processes and systems. She will report directly to Chief Financial Officer Brandon Maultasch and work with senior management and the leadership team to establish organization-wide financial discipline and enable strong financial performance.
“I am thrilled to be part of an innovative company that is creating value for its customers through a truly unique machine learning platform,” said Dharti Patel. “I’m also excited to bring my past experience to Moloco to help them navigate their next phase of growth.”
Dharti’s appointment comes at a crucial time in Moloco’s journey, as the company experiences historically high momentum. Moloco recently achieved its seventh consecutive profitable quarter and surpassed $100 million in annual net revenue.
Dharti received her Bachelor of Business Administration in Accounting and Finance from Georgia State University and is a Certified Public Accountant in the State of Georgia.
Moloco’s goal is to make the digital economy more transparent, fair and profitable by bringing advanced machine learning to businesses of all sizes. With Moloco’s machine learning platform for growth and performance, every app publisher and online retailer can now unlock the value of their unique first-party data. Moloco Cloud DSP enables performance marketers to quickly scale user acquisition and achieve greater lifetime value through proven prediction models. Moloco Retail Media Platform enables online retailers and marketplaces to build their own performance advertising business. Moloco was founded in 2013 by a team of ex-Google machine learning engineers. Based in Redwood City, California, Moloco has nine offices in the United States, United Kingdom, Korea, China, Japan and Singapore. For more information, visit www.moloco.com.