RocketFuel Blockchain, Inc., a developer of blockchain-based check-out technologies for eCommerce and brick and mortar retailers, today announced that it had appointed Peter M. Jensen as its CEO, effective today. 

Jensen, a well-known Silicon Valley executive, has over 30 years’ experience in tech, having served in senior positions with Oracle and Symantec. As a CEO, he has built up several growth-stage companies from pre-revenue to the point where they could be sold to major corporations. Jensen will also join RocketFuel’s board of directors. Gert Funk will step down as CEO but remain as Chairman of the Board and will also continue to head RocketFuel’s sales efforts to online merchants.

Jensen was most recently CEO of Spanugo, a venture-capital backed provider of security assurance applications, which was sold to IBM in 2020. Prior to that he was CEO of Presidiohealth, which developed software to manage patient experience for the healthcare industry; ParStream, a venture-capital backed provider of analytics databases for the Internet of things, which was acquired by CISCO in 2016; and, a SAAS company that provides security and reputation protection, which was acquired by Cloudflare in 2014. He was also Vice President of Sales at Pancetera, which was acquired by Quantum in 2011, and of Thinstall, which was acquired by VMWare in 2008.

Gert Funk commented: “We are very fortunate to have an executive of Peter’s experience and knowledge of the tech industry join RocketFuel as our CEO. As we continue to focus on completing the development of our check-out technologies and begin beta testing of our software with online merchants, we believe that Peter’s deep background in the tech industry and his extensive contacts in Silicon Valley will propel our company’s growth and take us to the next level. Furthermore, Peter has demonstrated tremendous success in partnering with founders of late stage start-ups to accelerate growth. He also has extensive operational, sales and management experience at some of the largest companies in the Valley as well as several highly successful early stage tech companies. I’m excited to have him join our company to lead us into our future.”

Peter Jensen commented: “I am thrilled to be joining RocketFuel as its new CEO. I believe that the company’s blockchain-based checkout technology will provide a much-needed solution to merchant’s and customers’ desire for privacy and security in online transactions. I have been thoroughly impressed by RocketFuel’s current team and its major investors, several of whom I have known for decades. I look forward to working with the Board as we build RocketFuel into a world-class leader in the online payments space.”