Diane Greene joins Stripe’s board of directors

Greene becomes the fourth outside director, along with Michael Moritz, Michelle Wilson, and Jonathan Chadwick

SAN FRANCISCO—Payments infrastructure company Stripe announced today that Diane Greene has joined its board of directors.

One of the industry’s most influential figures in the shift to cloud computing and a leader in enterprise software, Greene was most recently CEO of Google Cloud. Prior to that, she co-founded VMware and was also co-founder and CEO of VXtreme, bought by Microsoft in 1997, and Bebop, bought by Google in 2016. She is currently a director of Alphabet and SAP, and was previously on the board of Intuit.

Greene becomes the fourth outside director on Stripe’s board, joining Michael Moritz, partner at Sequoia Capital; Michelle Wilson, former general counsel at Amazon; and Jonathan Chadwick, former CFO of VMware, McAfee, and Skype.

“We’re building Stripe for the long-term,” said Patrick Collison, Stripe co-founder and CEO. “We’re lucky to do so alongside a roster of detail-oriented directors who believe that infrastructure revolutions can compound for decades, and that operational excellence can be a durable competitive advantage.”

Stripe is now valued at $22.5 billion, based on a recent investment from Tiger Global Management of $100 million. Stripe will use the capital to continue to scale internationally, deepen its platform, and add new services and features for larger users.