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Orange County-Based Interactive Innovation Firm Accomplishes Record Year in Revenue That Drove 50% Company Growth, Hires Alvin Fong as New Senior Vice President of Operations, and Anticipates Another 50% in Growth
IRVINE, CA--(Marketwired - Feb 1, 2016) - Cie Digital Labs (CDL), a hybrid interactive development firm and technology startup studio, announced today a record year in revenue growth that drove a 50% increase in overall staff including the addition of key engineers and leadership. In 2016, the company also projects accelerated milestones for another pinnacle year, expecting another 50% in growth.
CDL hired Alvin Fong as its new Senior Vice President of Operations and Rick Chen as Technology Director of Innovation. Prior to CDL, Fong served as the Chief Operating Officer at Tapiture and StyleHaul, VP and GM at Internet Brands, and focused on monetization and market expansion at Yahoo! Additionally, before joining CDL, Chen served as Chief Technology Officer at Hang With, Inc. and as the Technical Director for nearly 15 years between Cie Studios, Cie Games, and then Glu Mobile.
Throughout 2015, CDL has brought on top-notch talent across UI/UX, front-end development, back-end development, project and product management to enhance Orange County's local tech ecosystem. The company recently moved its corporate headquarters from Long Beach to Newport Gateway's expansive tech-focused campus in Irvine and appointed its new lead investor, Anderee Berengian, as its new Chief Executive Officer.
"Our deep bench of talent is made up of those that not only have startup experience and DNA but also decades of combined business experience. This puts Cie Digital Labs in a unique position to act as a technology and innovation partner for large enterprises, as well as high-growth startups and mature companies that need instant tech teams," said Anderee Berengian, CEO at Cie Digital Labs. "Alvin Fong and Rick Chen clearly exemplify this background across both mature companies and fast-growth startups. Their addition to our team will only further enhance our unique ability to bring new business model ideas to these companies and help accelerate our growth."
This year, Cie Digital Labs plans to scale and extend its core capabilities from developing award-winning web and mobile applications to establishing unique innovation partnerships with large companies across various industries. Relationships with larger companies have often followed a natural progression from "startup for hire" engagements that solve specific business problems to a complete innovation business partnership. As a result, clients gain increased operational efficiency and scale and oftentimes uncover entirely new profitable revenue streams.
"Having worked at both large companies and startups for more than a decade, I am thrilled to join Cie Digital Labs," said Alvin Fong, new Senior Vice President of Operations at Cie Digital Labs. "My deep experience in scaling fast-paced organizations and developing new business models will help CDL achieve significant growth as our customer base diversifies and expands."
"CDL has grown into a world class organization that continues to deliver serious tech chops and business innovation to clients. I look forward to expanding my role at the organization," said Rick Chen, Technology Director of Innovation.
About Cie Digital Labs
Cie Digital Labs (CDL) is an interactive innovation firm focused on driving shareholder value at startups and enterprise companies through ground-breaking digital solutions. Founded in 1998, CDL creates leading-edge digital solutions, serves as an innovation lab for a variety of prominent global brands, and acts as a platform to develop ideas and turn them into new technology ventures.
Cie Digital Labs blends Silicon Valley know-how, startup dynamism and speed with the business maturity of serial entrepreneurs, seasoned venture capitalists, and Fortune 500 executives. This combination gives CDL a deep understanding of how to apply the latest technology to solve strategic and operational business challenges. CDL's unique hybrid model also enables the company to identify new opportunities that CDL's startup studio incubates, develops, and accelerates into new products and companies. The leadership team at CDL collectively has played key leadership roles at a multitude of successful startups, including Overture (acquired by Yahoo!), Nativo, StyleHaul (acquired by RTL Group), and Cie Games (acquired by Glu Mobile).
Visit www.ciedigital.com to learn more.
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