Former COO of Spektrix, Libby Penn to Spearhead Path to Profitability and Oversee Company’s Development Of Industry’s Most Comprehensive SaaS-Based Augmented Reality Creation & Publishing Platform
Blippar, the leading augmented reality and computer vision company, announced the appointment of Libby Penn as the company’s chief operating officer (COO). Penn will lead Blippar’s global operations, driving its path to profitability, while overseeing the move to a SaaS structure for Blippar’s integrated augmented reality creation, publishing and advertising platform.
Penn is the former COO of Spektrix, the fastest growing ticketing and CRM software company for the entertainment sector, processing more than £350 million ticket sales per year. She delivered a sustained 40 percent year-over-year growth in the UK, growing market share to 45 percent. She also launched the company’s U.S. presence in New York, driving client acquisition and team development.
Penn also has extensive experience and a deep understanding of the digital agency space. Prior to her tenure at Spektrix, Penn was a business director at Huge, Inc., a full-service digital agency and part of Interpublic Group. She launched the UK office, servicing all of Europe, leading client acquisition and recruitment.
“As demand for augmented reality continues to grow, companies are realizing the value of the technology for their customers across multiple industries and are using it as a strategic part of their business,” said Blippar CEO and co-founder Ambarish Mitra. “Libby is a results-oriented strategic leader with a strong track record across digital and SaaS development. The market needs a single AR creation and publishing platform to work across all operating systems and devices that can also integrate with other AR software. Libby has the prowess to implement our vision for the business and achieve our long-term goals, as well as the experience and passion to drive Blippar forward as the industry standard.”
“AR has reached a unique tipping-point in its evolution, as the infrastructure has matured beyond brand engagement to real utility and tangible value for consumers,” said Penn. As a pioneer in the AR market, Blippar is well positioned to lead the industry into its next phase of growth and to drive the adoption of AR experiences across multiple sectors. I look forward to joining the Blippar team on this exciting journey. ”
Penn will take over from Blippar’s current COO, Danny Lopez, the former British Consul General to New York, who has decided to leave Blippar later this summer to pursue new business interests between London and Madrid. Blippar would like to thank Danny Lopez for his extraordinary contribution to the company over the last two years.