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.