Cathie Wood

Cathie Wood, CEO and founder of New York-based investment adviser Ark Investment Management, joined the board of directors of hybrid edge cloud company mimic technology.

“As the Founder, CEO, and CIO of ARK, Cathie has successfully incorporated a new data-driven approach to investment that is aligned with a rapidly changing business and technology landscape posed for a historical transformation,” Fay Arjomandi, founder and CEO of mimic, said in a statement. “I’m excited to work with a forward-thinking visionary and pragmatic industry leader.”

“I’ve always believed in backing founders who are at the forefront of innovation,” Wood said in a statement. “At mimik, Fay and her team have built a foundation for the next generation of cloud computing. By extending server-side technologies to the edge, mimik lets developers build applications that run seamlessly from the edge to data center with unmatched privacy and performance.”