Blog Post

Babelgum Suffers Second Senior Exit; CTO Leaves Over ‘Vision And Style’

Stay on Top of Enterprise Technology Trends

Get updates impacting your industry from our GigaOm Research Community
Join the Community!

Well-financed P2P TV platform Babelgum is seeking a new chief technology officer after the departure of its second senior member in two months. We have confirmed with Babelgum in Milan that CTO Mallku Caballero left the outfit around a month ago; the company refused to give a reason.

Caballero told paidContent:UK today: “Let’s just say that I did not fully adhere to the vision and to the management style brought in by the new CEO.” Valerio Zingarelli replaced co-founder and CEO Erik Lumer as top dog in July, prompting Lumer to take a back seat before quitting the company altogether in October to become CEO of RawFlow.

Though Babelgum is headquartered in Dublin, Caballero worked from Nice. His bio has now been removed from the site and an ad has gone out for a replacement in “no preferred location”, although a majority of time would be spent in Nice. Notable from Caballero’s previous experience – he was chief scientist at White Pine Software, the maker of CUSeeMe, an early webcam conferencing application. He is now “exploring the feasibility of a venture in the software-as-a-service domain, unrelated to media and content”, he said.

Zingarelli said in October: “The final version (of Babelgum) will be much more advanced and sophisticated and very easy to use.” That may speak to the disagreement Caballero hinted at, or it may just be stating the obvious as Babelgum has been in beta since March.

Founded in 2005 and often compared with Joost, Babelgum has a potential 350 million euros (£252 million) in funding available from Italian telco billionaire Silivo Scaglia, according to earlier reports – 220 million euros (£158 million) from the sale of a 6.3 percent stake in the Fastweb broadband supplier he co-founded and a further 130 million euros (£93 million) he expects from Fastweb dividends.

One Response to “Babelgum Suffers Second Senior Exit; CTO Leaves Over ‘Vision And Style’”

  1. they have no hope to succed unless they grab TOP talent from H3G, Vodafone and the Alice teams before it's too late . ( I mean people who DELIVERED IPTV and DVB-H services with real end users.)
    Unless Bablgum gets experienced people up and running the show by august (secret !) then the lights will dim out for good. I know the good work Valerio di in Ivrea, I know he is a good manager but he really needs to build a team.
    Best of luck…