Cognitive Networks, the market-leading provider of real-time services that power Enhanced TV on Smart TVs, today announced the appointment of Tim Driscoll as Chief Financial Officer. Driscoll has 15 years of financial and operations management experience with venture-backed companies, and has raised over $150 million to support their growth.
“His background in next-generation TV technologies and markets will be particularly useful in helping to identify and develop opportunities for Cognitive’s service platform. Tim’s experience complements our executive team and will be an important asset as we continue to lead in delivering enhanced television capabilities.”
"Tim's demonstrated track record as a successful CFO makes him an ideal choice to help us grow the business to the next level," said Michael Collette, CEO at Cognitive Networks. “His background in next-generation TV technologies and markets will be particularly useful in helping to identify and develop opportunities for Cognitive’s service platform. Tim’s experience complements our executive team and will be an important asset as we continue to lead in delivering enhanced television capabilities.”
Previously, Driscoll was CFO of Verimatrix, a conditional access and digital rights management software company, which he helped build from a startup to one of the most widely-deployed suppliers in the global Pay TV market. Prior to that, he provided finance and strategy consulting services to a number of early-stage companies, and managed direct investments at Mission Ventures, a $500M early-stage venture capital firm focused on Internet and communication technologies.
Driscoll also served as a Captain in the U.S. Army’s Aviation branch, where he held roles in strategic planning, management development, and new technology deployment. He graduated from UCLA’s Anderson School of Management with an MBA and from the U.S. Military Academy at West Point with a BS in Computer Science.
About Cognitive Networks
Cognitive Networks is the leading provider of real-time services powered by Automatic Content Recognition technology, enabling the fundamental transformation of the way viewers consume TV while delivering a platform for content producers and TV networks to increase customer engagement, grow their audiences, and increase the value of the TV viewing experience for all audiences.
The company’s ENGAGE™ API allows Smart TVs to launch applications that are intelligently synchronized with live or time-shifted television, enabling ecosystem partners to add Enhanced TV capabilities to broadcast TV displaying on Smart TVs. With Cognitive Networks’ Engage, content providers can now provide consumers with fun, smart things to do while watching TV on their Smart TVs.