Former Adobe executive Anil Kamath joins BigCommerce board

AUSTIN - BigCommerce (NASDAQ:BIGC), the e-commerce platform provider with a market capitalization of $407 million and impressive gross profit margins of 77%, announced Tuesday that Anil Kamath, former Adobe Fellow and Vice President of Technology, has been appointed to its Board of Directors. According to InvestingPro analysis, the company’s stock currently trades at $5.08, with analysts seeing potential upside based on their target prices.

Kamath, who spent 13 years at Adobe leading data science, machine learning and artificial intelligence initiatives for Adobe Experience Cloud, joins the e-commerce platform provider as it seeks to strengthen its technological capabilities. While the company maintains strong liquidity with a current ratio of 2.34, InvestingPro data shows it’s currently working toward profitability, with analysts expecting positive earnings this year.

During his tenure at Adobe, Kamath was responsible for developing data science-driven solutions for customer acquisition and engagement. He also led the generative AI transformation for enterprise marketing, resulting in the launch of Gen Studio for Performance Marketing.

Prior to Adobe, Kamath founded Efficient Frontier, a digital ad buying platform that managed over $2 billion in advertising spend before being acquired by Adobe. He subsequently led the integration of Efficient Frontier into Adobe Marketing Cloud.

"Anil brings an extensive blend of strong leadership and valuable technological expertise to BigCommerce at a time when our industry and our business are going through some exciting changes," said Travis Hess, CEO of BigCommerce.

Kamath replaces Lawrence Bohn, who had served on the board since 2011 when he became BigCommerce’s first investor through General Catalyst’s Series A investment.

Earlier this year, Kamath transitioned from Adobe to focus on mentoring and supporting early-stage innovation. He is a member of Stanford Angels & Entrepreneurs and serves as lead mentor and advisor at StartX, a non-profit accelerator for Stanford University startups.

According to the company’s press release statement, BigCommerce provides e-commerce platform services to thousands of B2C and B2B companies across 150 countries. The company has demonstrated steady growth with revenue reaching $335 million in the last twelve months. For deeper insights into BigCommerce’s financial health and growth prospects, including additional ProTips and comprehensive analysis, check out the full research report available on InvestingPro.

In other recent news, BigCommerce Holdings Inc. reported its first-quarter 2025 earnings, exceeding analysts’ expectations with an earnings per share (EPS) of $0.07, above the forecasted $0.05. However, the company’s revenue slightly fell short of expectations, reaching $82.4 million against a projected $82.5 million. Despite the minor revenue miss, the company maintained a solid cash position of $121.9 million. BigCommerce has outlined strategic initiatives, including AI partnerships and expansion into the B2B market, aligning with industry trends towards digital transformation. The company has provided revenue guidance for the second quarter of 2025, ranging from $82.5 million to $83.5 million, and a full-year forecast between $335.1 million and $351.1 million. Additionally, BigCommerce continues to focus on AI initiatives and is preparing to launch BigCommerce payments in early 2026. Analyst feedback from firms like Barclays and Oppenheimer highlighted the company’s strategic focus on growth, with some noting the potential impact of macroeconomic uncertainties on revenue. The company’s efforts in expanding its sales capacity and leadership team have been noted as positive developments.

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