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Writing Memo Open Letter 2

ChannelEyes Seeks CEO as Jay McBain Exits

Jay McBain

Jay McBain

ChannelEyes CEO Jay McBain is exiting the company, and a search for a successor is under way, McBain confirmed in a blog this evening.

McBain succeeded Bob Godgart as CEO in May 2015. ChannelEyes, launched in 2011, builds apps and data management tools that allow vendors to more effectively build and manage their channel partner programs. The company originally built a social network for partners, but quickly pivoted toward ChannelCandy (partner apps) and Optyx (big data tools).

In a blog this evening, McBain wrote:

“I believe that ChannelEyes is well positioned with it’s OPTYX and CHANNELCANDY platforms and is actively looking for a new CEO to take the company into the next 5 years. I believe in the product, the team and know they will continue to make an impact.

As for me, I am working on a couple of projects, consulting for a few fast growing companies, and in my spare time, writing a book about the future of partnering.”

McBain has documented the shifting channel partner ecosystem in recent years — pinpointing the growing influence of ISVs and IT consultants in the SaaS worlds, and their disconnect from traditional VARs and product resellers. He has close working relationships with multiple partner ecosystems, including the Salesforce ecosystem.

Before co-founding ChannelEyes, McBain held key community and channel posts at Autotask and Lenovo.

ChannelEyes raised funding in 2014 though the exact amount was not disclosed. I don’t know if the company has pursued additional funding.

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