Penny Herscher

Penny Herscher

President & CEO, FirstRain, Board Director JDSU


Penny is President & CEO of FirstRain and sits on two public company boards: JDSU and Rambus. She is an experienced technology CEO, based in Silicon Valley, who took her first company, Simplex Solutions, public in 2001 and sold it to Cadence Design Systems in 2002 for $300MM. Prior to Simplex, Penny was a member of the executive leadership team at Synopsys from $0, through their IPO, to $400MM in revenue.

FirstRain is an enterprise software company providing Personal Business Analytics on customers and markets to the Fortune 500. The company is growing fast with customers like Cisco, HP, Pfizer, GE, J&J, Microsoft, Ciena, Motorola Solutions, D&B, Fidelity and IBM across the technology, healthcare, communications, industrials and financials markets. FirstRain's big data analytics are both mobile and integrated into top enterprise platforms such as, Jive, Microsoft Sharepoint and Microsoft Dynamics.

Penny chairs the Compensation Committee of the board at both JDSU and Rambus and has deep expertise in executive compensation. She volunteers teaching business classes at Stanford Business School, the Haas School of Business at UC Berkeley, and Santa Clara University, and she is a speaker on leadership and career growth at various industry organizations.



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Silicon Valley Innovation Center has started the new INNOVATION INSIGHTS speaker series. Geared toward professionals, entrepreneurs, executives and founders this business forum is all about innovation, leadership and business growth. We invite prominent thought leaders, innovators, authors to lead engaging discussions which facilitate open exchange of ideas and viewpoints, and to share practical tools that encourage business growth through innovation.


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