Ripcord Continues Market Disruption With Recruitment of Former Xerox Global Digital Solutions VP

Wasim Khan joins Ripcord as Chief Digital Officer

HAYWARD, Calif.–(BUSINESS WIRE)–Ripcord, the world’s first robotic digitization company dedicated to creating a truly paperless world, today announced the appointment of Wasim Khan as Chief Digital Officer. Khan is the former vice president for Xerox’s Global Digital Solutions business, former general manager of its DocuShare software division, and co-founder of innovative storytelling startup Smarter Biography.

Khan takes his seat at Ripcord amongst an A-list of business heavyweights, innovators and market disruptors including Apple co-founder Steve Wozniak, Oracle co-founder Bruce Scott, and MIT research scientist Barmak Heshmat. His appointment sets the tone for Ripcord’s continued aggressive growth and the company’s keen intent to continue the disruption of the traditional records management industry.

In his new role, Khan will spearhead Ripcord’s digital growth, including developing an integrated marketing strategy and programs. He is tasked with helping shape the unique and innovative digital transformation agenda and scaling the business for newer partner and customer outreach.

Khan brings a proven business track record for driving sales, building sustainable growth and increasing profitability to Ripcord—all this in addition to a rich, deep understanding of the drivers behind current corporate data and information management solution purchases. An expert and pioneer in cloud-based document sharing solutions and SaaS sales models, Khan is ideally placed to drive Ripcord’s market penetration in new sectors and new geographies.

“Wasim’s experience makes him uniquely able to help clients transition from traditional paper-based records management to digital document management,” said Alex Fielding, co-founder and iCEO, Ripcord. “Like the rest of the senior Ripcord team, Wasim shares our vision for a world in which paper records are obsolete—where secure document access is facilitated by a cloud-based SaaS model.”

“I’m delighted to be joining Ripcord at this fascinating time,” said Khan. “I’m confident that my 20+ years at Xerox, where I was involved in pushing content and digital focused solutions, stands me in good stead to provide my new colleagues with valuable insight and strategic direction. The possibility of a paperless society is tantalizingly close, and I look forward to playing a significant role in making it a reality, especially when marrying innovations of robotics, smarter content management and AI tools—all of which apply prominently to Ripcord’s vision.”

Ripcord allows companies to digitize paper records and connect them to existing enterprise systems. Its robotics technology reduces digitization costs to a fraction of the marketplace’s legacy options by achieving higher quality results at 10 times the speed. Ripcord is intent on market disruption and delivering an alternative to profoundly outdated, complicated and time-consuming records management systems.

About Ripcord

Ripcord is transforming the $25 billion records management industry through robots that scan, index, and categorize paper records, making them searchable on the cloud and integrated into existing enterprise systems. Ripcord is based in Hayward, Calif. and has raised $65 million from leading investors including Kleiner Perkins, Google Ventures, Baidu, Lux Capital, Silicon Valley Bank, Steve Wozniak, Legend Star, and Icon Ventures. To learn more about Ripcord: www.ripcord.com and follow the company on Twitter @getripcord.

Contacts

Derrick Shannon

Touchdown PR

ripcord@touchdownpr.com

512-373-8500