Sourcefuse Hires Cyrus Maaghul as Executive Vice President of Strategic Business Development

Top Quote Maaghul to lead the expansion of PowerUp, SourceFuse's new digital product team development service targeting startups and corporations seeking to build new and innovative mobile, SaaS and social products. End Quote
  • (1888PressRelease) July 24, 2013 - Neptune Beach, FL - SourceFuse, a leading digital product and software development company, is pleased to announce its recent hire of Cyrus Maaghul, who will join the SourceFuse team as the Executive Vice President of Strategic Business Development.

    Within this role, Maaghul will lead SourceFuse's strategic business development, sales and marketing initiatives. Maaghul's proven background in starting and scaling digital product and service companies profitably, leading digital product companies to successful exits, and overall senior-level experience will help ensure that SourceFuse continues to grow at a record pace, allowing the company to further its leadership position within the digital product and solutions development industry.

    "The retail, brand, e-commerce and healthcare industries seek market-ready, proven digital product development services backed by a strong management team," said Maaghul. "SourceFuse delivers on this need with more than 50 years of combined digital tech leadership. We apply agile management practices, a superior communications infrastructure, and a global advantage to every project we're involved in." Maaghul went on to say, "I'm really excited to be a part of the SourceFuse team."

    Maaghul comes to SourceFuse with 15 years of experience in the mobile, Internet and software product development industries. Most recently, he was President and VP of Product Development for, a mobile social video platform business that provides mobile video solutions for retailers, brands and e-commerce companies.

    Prior to that he was CEO of SWREG, Inc., a UK-based Software-as-as-Service (SaaS) payments company for global SME businesses, where he successfully led its growth and sale to Digital River, Inc. He started his mobile and digital product development career founding and running a successful e-commerce platform business, which was also acquired by Digital River, Inc.

    Maaghul's appointment comes at the conclusion of another period of very good growth for the company. "SourceFuse is creating exciting and innovative digital products for our customers, and the experience that Cyrus brings to the team will allow us to help even more companies gain an advantage in the marketplace," said Kelly Dyer, founder and CEO at SourceFuse. "His depth of experience, leadership acumen and successful track record are exactly what the company needs for its next major phase of growth."

    About SourceFuse
    SourceFuse is a digital product and technology development organization helping startups and corporations launch web, mobile and social software solutions. SourceFuse is led by a management team that has consistently delivered innovative products and solutions to the market for more than eight years. With a dedicated team, and offices in the U.S., U.K., and India. SourceFuse delivers high quality software products and solutions.

    PowerUp is SourceFuse's digital product team service. It is a safe and trusted way to quickly assemble proven digital product development teams, including product, marketing and technology professionals. Partnering with leading corporations such as Cisco Systems, as well as brand-new startups, PowerUp teams help companies reduce the risk of lost time to market, cost overruns, loss of competitive advantage, and project failure. PowerUp drives business forward.

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