Posted on February 12, 2019 by staff

New chairman at anti-counterfeit tech firm


Anti-counterfeit tech firm Snapdragon has appointed Craneware founder Gordon Craig as its chairman.

Edinburgh-based Snapdragon works with online markets such as Amazon, Alibaba and eBay to remove counterfeit products which can damage businesses’ reputations and be harmful to customers.

The firm was founded by Rachel Jones in 2015 after she fought off fake versions of her award-winning child’s high chair Totseat. It now employs 26 people and secured a six-figure investment from Mercia Fund Management in 2017.

Craig founded Craneware, which develops medical billing software used by nearly a third of hospitals in the United States, with Keith Nelson in 1999 and served as the company’s chief technology officer for 16 years.

The listed company is currently valued at just over $1 billion.

“Like so many of the best technology companies Snapdragon was born when an entrepreneur spotted a gap in the market,” said Craig.

“Rachel (pictured below) defended her own intellectual property against online pirates and realised she could help other small businesses to do the same, assembling a team of talented linguists and harnessing smart technology.

“SnapDragon is already working with some of the biggest names in the business – from Amazon and eBay through to China’s Alibaba – so it’s an exciting time for me to be taking a seat in the boardroom as chairman.

“I’m looking forward to working with the team to accelerate the company’s growth and to share my expertise, especially in the American market.”

CEO Jones said: “Bringing Gordon on board is a real coup for us. The learning opportunities that his involvement presents are considerable and we’re all absolutely up for the challenge and the growth.

“Gordon’s work in America as president of Craneware’s US operations will be especially useful as we continue to build the SnapDragon team internationally.”

Craig is also the chairman of wearable health technology company Snap40, which has rebranded as Current Health, after taking part in an $8m seed funding round alongside Skyscanner founder Gareth Williams.