Joe Thumma (Joseph Sudheer Thumma) is a serial entrepreneur with a 20 years track record of success. Joe worked at IBM Singapore, Swiss RE USA and JP Morgan Chase before starting his first entrepreneurial venture in 2007 with an IT staffing firm, AKT which he grew the company and sold it in 2010. He then launched JNIT Technologies Inc. which grew quickly and today has over 450 people with offices in the US, Canada, and India. In 2017,
Joe and his team brought JNIT to the Bombay Stock Exchange under the new name ‘Magellanic Cloud’ (BSE: MCLOUD). He also invested in multiple technology companies such as AI Tech (staffing), Sygntech Systems and Hoozin to name a few. Joe's most recent investment in Motivity Labs Inc., an innovative software company based in Irving, TX with Development Center in Hyderabad, India.
Joe’s exceptional network, technical skills, and management insights bring success to all stakeholders including employees, customers, and
shareholders.
Joe is Hands-on technology specialist committed to lifelong learning to stay cutting edge. Participates in code reviews and deep dives into the latest technologies.
Joe lives just outside San Francisco with his wife and family.