Courtesy / HighByte
Betsy Peters
Updated: July 1, 2020
Portland industrial software startup appoints board to guide strategic direction
File photo courtesy / Elle Darcy
From left, HighByte Chief Business Officer John Harrington, CEO Tony Paine and Chief Communications Officer Torey Penrod-Cambra. The trio founded HighByte in August 2018.
By Staff
HighByte Inc., a Portland startup creating industrial operations software, on Tuesday announced the first members of its newly formed board of directors.
The appointments of Betsy Peters as board chair and Corson "Corky" Ellis as investor director follow the recent close of the company’s $875,000 pre-seed funding round and mark the company’s transition from an initial founder-only board to one with external representation, according to a news release.
Peters and Ellis will provide perspective and guidance on the company’s strategic direction, including go-to-market planning and future fundraising, the company said. Both board members bring executive management experience to their new roles.
They join HighByte co-founder and CEO Tony Paine on the board,
Peters has worked as an intrapreneur and entrepreneur for the past 25 years, building products, leading teams, raising funds and managing growth.
During her career, she has constructed her own startup board, served as a publicly elected board official, and helped lead the strategic direction of Maine-based software startup CourseStorm as board chair for the past four years. Peters is currently the CEO of Cambium Enterprises, an innovation strategy firm, and an adjunct instructor at the Massachusetts Institute of Technology.
Ellis was previously founder and chairman of Kepware, an industrial software communications company that sold to PTC, a Boston-based enterprise software company, in January 2016. Ellis has served as board chair of Maine Venture Fund and Gulf of Maine Research Institute and is a board member of Coastal Ventures, a Maine-based venture capital firm.
Ellis also invests in and advises software startups, serves on several technical investment boards, and supports the Lewiston public school system in its effort to institute a K-12 software coding curriculum. Ellis was an investor in the HighByte pre-seed funding round and will now represent investors on the company’s board.
Courtesy / HighByte
Corson Ellis
“I was honored to accept the role of board chair because of the talented and experienced HighByte team who have demonstrated success working together in this market,” Peters said in the release.
“They’ve developed a promising and desirable solution to help customers unlock the potential of their industrial data. I’m committed to supporting them as they achieve the next stages of growth, feasibility, and viability.”
Board observers include Joe Powers of MVF and Matthew Hoffner of Maine Technology Institute, whose institutions participated in the pre-seed funding round. John Harrington and Torey Penrod-Cambra, both HighByte co-founders, will also serve as board observers.
Prior to founding HighByte in August 2018, Paine, Harrington and Penrod-Cambra worked together since 2012 and have more than 50 years of experience delivering software to the industrial automation market.
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