Sift Science Appoints Software Industry Leader Marc Olesen as President and COO

Former Splunk executive joins Sift Science to scale the company during rapid growth

San Francisco, California, UNITED STATES

SAN FRANCISCO, June 18, 2018 (GLOBE NEWSWIRE) -- Sift Science, a machine learning company whose platform protects businesses from fraud and abuse, today announced the appointment of Marc Olesen as President and Chief Operating Officer, effective immediately. In this executive role, Marc’s responsibilities include scaling business operations, driving revenue growth, leading the executive bench, and helping recruit C-suite talent.

“Marc diversifies Sift Science’s talent and brings passion and experience to strategically scale and  operate rapidly growing software enterprises,” said Jason Tan, CEO and Co-founder, Sift Science. “Sift Science safeguards digital businesses from the severity and prevalence of online fraud. As momentum builds from our recent Series D funding, Marc will help evolve our solutions and expand our customer base.”

Marc brings over 25 years of experience heading digital and cloud-focused businesses. He is a recognized leader for his ability to scale organizations and bring solutions to market by transforming business processes and managing revenue growth. He has a wealth of experience building high-performing teams, working across big data, security and application performance. Marc was most recently with Dynatrace as the senior vice president and general manager of its digital experience business. He held similar executive positions at Splunk, overseeing cloud solutions, and at McAfee, leading the network security business.

“The demand for automated fraud prevention solutions has never been greater, as organizations prioritize risk management and transform their digital business,” said Marc Olesen, President and Chief Operating Officer, Sift Science. “Machine learning is changing the game, and I’m excited to drive Sift Science to new heights through innovation, operational excellence and accelerated growth.”

About Sift Science
Sift Science is a machine learning company that fuels business growth by protecting businesses and their customers from all vectors of fraud and abuse. Global brands such as Twitter, Airbnb, Yelp!, Shutterstock,, Indeed and Wayfair rely on the Sift Science Digital Trust Platform for access to a global network of fraud data, 16,000+ fraud signals, and our unique ability to detect and prevent fraud in real time. We designed our platform with security industry best practices in mind. We are regularly assessed against SOC 2 and global privacy frameworks, including the General Data Protection Regulation (GDPR). To learn more, visit

Kristina Richmann | PAN Communications (for Sift Science)

A photo accompanying this announcement is available at

Marc Olesen Picture