Jeremy Allaire CEO – Want Additional Information..

Jeremy D. Allaire (born 13 May 1971) is an American-born technologist and Internet business owner. He is currently Chief executive officer and founder of the digital currency company Circle and Chairman of the Board of Brightcove. With his brother JJ Allaire, he co-founded Allaire Corporation in 1995. Allaire Corp. had a successful IPO in January 1999 and was subsequently acquired by rival Macromedia in 2001. Allaire served as CTO of Macromedia following the acquisition and helped develop the Macromedia MX platform (a suite of software tools and servers targeted at enabling rich applications delivered using Flash Player).

Allaire left Macromedia in February 2003 to sign up with venture capital firm General Catalyst Partners as a technologist and executive-in-residence. In 2004, Allaire founded Brightcove, a web-based video platform used by lots of top media and marketing organizations worldwide. After a successful IPO at the begining of 2012, Allaire stepped down as Brightcove CEO in 2013 and currently may serve as Chairman in the Board.

In October 2013, Allaire announced the launch of Circle, an Internet-based consumer finance company that aims to take the energy and benefits of digital money, such as Bitcoin, to mainstream consumers.

Allaire was educated in the Montessori tradition, which he says, “built into us a belief in self-direction, in independent thought, in peer collaboration, in responsibility.”

In 1993 Allaire graduated from Macalester College in St. Paul, Minnesota, where he received a double-major degree in political science and philosophy, using a concentration in economics. While at Macalester, his college roommate and-school friend, who worked for your campus IT group, rigged a higher-speed Web connection to their dorm room, which allowed Jeremy Allaire CEO to access and test out the web in the beginning.

From 1990 until his graduation, Allaire became enthusiastic about the web and how it could be placed on transform existing systems of communications and media, as well as its effect on fundamental human rights, like free speech. Jeremy was an earlier follower of the Electronic Frontier Foundation, and later recruited EFF founder Mitch Kapor towards the board of directors of Allaire Corporation.

In 1992, Allaire authored a policy proposal for the roll-out of a National Information Network, based on the National Research & Education Network (NREN, the precursor towards the commercial Internet), proposing techniques to commercialize usage of IP services. This paper was sent to the Senate Subcommittee on Technology and science, whose chair was Senator Al Gore.

In 1992 and 1993, having a college friend, Allaire developed an application called “World News Report” which aggregated news feeds and mailing list content from independent media sources available on the Internet, and provided a full-text indexed browsable and searchable interface to get into independent journalism on the Internet (built using Apple Hypercard).

Also when in college, Allaire created NativeNet, which made a decentralized communications and collaboration platform for Native American tribal schools in the Midwest, built on top of UUCP, an earlier internet protocol for distributed communications.

While at Macalester, Allaire became more politically active, choosing a particular interest in U.S. foreign policy and global human rights issues, such as the impact from the collapse from the Soviet Union, an upswing of authoritarian capitalist regimes within the east, as well as the Balkan Wars.

Upon his graduation from Macalester, Allaire found the Internet was “the central passion” in the life. Inside the fall of 1993, he launched a web-consulting firm, Global Internet Horizons, targeted at helping media publishers and marketers understand and make a presence on the nascent Web.

During 1994-1996, Allaire collaborated with prominent American linguist and political activist, Noam Chomsky, along with his wife Carol to develop the very first comprehensive online archive of his political works. Chomsky’s libertarian socialist and globalist views resonated with Allaire.

Allaire Corporation

In early 1994, Allaire became convinced the architecture from the Web could disrupt how software was built and distributed, transforming the browser from as being a document browsing system into a full online operating system for virtually any kind of software application.

In 1995, Jeremy and his awesome brother J.J. Allaire, in addition to a number of close college friends, founded their particular web company, Allaire Corporation, using $18,000 of J.J.’s savings. Allaire Corporation aimed to supply easy-to-use website design tools.

The brothers invented ColdFusion, a fast web application development platform made to easily connect simple HTML pages to some database using its associated scripting language, ColdFusion Markup Language (CFML). ColdFusion was widely used, and firms including Myspace, Target, and Toys R Us (in addition to countless other websites) relied on the technology from Allaire to produce their online properties.

Allaire Corp. grew rapidly, from just over $1M in revenue in 1996, to $120M in revenue around 2000, growing to in excess of 700 employees and operating with offices throughout North America, Europe, Asia and Australia. Along with its flagship product ColdFusion, Allaire launched HomeSite, which became the most popular Windows HTML Editor on the planet, and JRun, one of the galqfw and a lot widely adopted Java app servers.

Allaire also helped to pioneer foundational ideas in open distributed computing according to light-weight HTTP-based distributed objects. Specifically, the company developed the net Distributed Data Exchange (WDDX) in 1998, a wide open source format for utilizing HTTP for easy remote procedure calls, a precursor to the adoption of REST and JSON for web software APIs.

Allaire Corp. had its IPO in January 1999 and was acquired by Macromedia in March 2001 for people$360M in a deal that included cash and stock. Due to this acquisition, Jeremy Allaire became CTO of Macromedia.

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