Top Hat Co-Founder To Step Down as CEO as Edtech Company Embarks on Aggressive Growth Plan
February 4, 2021
Top Hat announced a US $130-million equity investment round, more than doubling the total amount it’s raised since launching in 2009. The funding, all from existing investor Georgian, follows a suite of acquisitions for the Toronto based firm — and caps co-founder Mike Silagadze’s tenure as CEO. That’s where Joe Rohrlich comes in. The new chief executive joins Top Hat from Austin, Texas-based software firm, Bazaarvoice, where, as chief revenue officer, he helped grow the company’s revenue tenfold. “He’s aligned with what we’re trying to do at Top Hat,” said Silagadze, who hand-picked Rohrlich based on his track record of growing a company, as well as his values.