The company announced Tuesday what it described as a “significant” infusion from new investors including Parker, who will now chair its board. Other investors include venture capital firms and former Google CEO Eric Schmidt.
Another investor, Prem Akkaraju, is becoming CEO. He’s the former CEO of film production and visual effects company Weta Digital.
Stability's previous CEO and co-founder Emad Mostaque quit in March.
Credit: AP
Credit: AP