Mapbox Hires First Chief Financial Officer

Mapbox had one hell of a 2017.

The D.C.-based mapping technology startup closed a $160 million round led by the SoftBank Vision Fund in October. The D.C. staff moved into a new headquarters in Logan Exchange in June, immediately filled its two floors and then started hunting for a new headquarters of their own — outside of a co-working space.

Now, to start 2018, they’ve hired their first chief financial officer. John Bonney joins the company from FinancialForce where he was the company’s CFO. He will be based in San Francisco.

Axios first reported the news Monday morning, and Mapbox confirmed with a press release the same day.

While at FinancialForce, Bonney grew the company from about 200 employees and about $35 million in revenue to over 650 employees and about $100 million in revenue. The company also closed $180 million in equity and debt funding.

“I could not be more thrilled and honored to be joining the amazing team here at Mapbox,” Bonney said in a statement. “The availability of real-time location data has never been more important in our increasingly data-intensive and on-demand world.”

In conversations leading up to his hiring, Roy Ng, the startup’s president and chief operating officer, said Bonney was the obvious choice. He just understood what Mapbox was about.

“When I shared details on what the team is building, John immediately grasped both the strategic and financial value of our location data platform,” Ng said in a statement.

John Bonney, Mapbox CFO

Images courtesy of Mapbox