Xpoint, a prominent player in the geolocation technology sector, has made a strategic leadership change by appointing Ron Braunfeld as its Chief Revenue Officer (CRO). This significant move comes as part of Xpoint’s broader strategy to enhance its market presence and drive growth in the rapidly evolving geolocation and iGaming industries.
A Strategic Appointment
Ron Braunfeld’s appointment as CRO represents a pivotal shift for Xpoint. With over a decade of experience in the location technology sector, Braunfeld brings a wealth of knowledge and expertise that is expected to accelerate the company’s growth. His previous roles, including Vice President of Business Development at Mobi Systems and General Manager for Philadelphia at Capsule, have equipped him with a deep understanding of business development and strategic management. These experiences are poised to be instrumental in driving Xpoint’s strategic objectives forward.
Manu Gambhir, CEO of Xpoint, expressed confidence in Braunfeld’s capabilities: “We are delighted to welcome Ron to our executive team as Chief Revenue Officer. His extensive experience and impressive achievements in business development and sales within the technology and venture capital industries will be invaluable as we expand our offering and strengthen our market position.” This statement underscores the high expectations Xpoint has for Braunfeld in steering the company towards its ambitious goals.
Recent Milestones and Strategic Directions
Xpoint has been actively pursuing significant milestones to bolster its market position. Earlier this year, the company secured a gaming license in Maryland, a crucial step in expanding its footprint in the competitive US market. This achievement not only enhances Xpoint’s regulatory standing but also opens up new opportunities for growth.
Additionally, Xpoint’s strategic partnership with Crab Sports highlights its commitment to providing cutting-edge geolocation solutions. Under this partnership, Crab Sports will implement Xpoint’s Verify solution for its geolocation needs in Maryland. This collaboration is a testament to Xpoint’s ability to deliver precise and reliable services that meet the stringent requirements of the iGaming industry.
Braunfeld’s new role will be central to leveraging these developments. As he steps into his position, his focus will likely be on capitalizing on these recent achievements to drive further growth. His background in business development will be critical in identifying and exploiting new opportunities, enhancing Xpoint’s service offerings, and expanding its market presence.
Braunfeld’s Vision and Impact
In his new role, Braunfeld is expected to bring a fresh perspective to Xpoint’s strategic initiatives. He commented on his excitement about joining Xpoint: “The iGaming and geolocation industries are developing rapidly, so to join an innovative technology-focused company like Xpoint at this time is incredibly exciting. I am looking forward to helping the company continue its strong growth trajectory through the delivery of the most accurate, reliable, and cost-effective geolocation services available in the market.”
Braunfeld’s vision reflects a commitment to maintaining high standards in accuracy, reliability, and cost-effectiveness. His leadership will be crucial in navigating the fast-paced and competitive landscape of geolocation technology. By focusing on these key areas, Braunfeld aims to ensure that Xpoint remains at the forefront of technological innovation and continues to meet the evolving needs of its clients.
Ron Braunfeld’s appointment as Chief Revenue Officer signifies a new chapter for Xpoint. With his extensive experience and strategic acumen, Braunfeld is well-positioned to drive the company’s growth and innovation in the geolocation and iGaming markets. As Xpoint continues to build on its recent achievements and expand its market presence, Braunfeld’s leadership will play a pivotal role in shaping the company’s future and ensuring its continued success in a rapidly changing industry.