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Rumblefish founder and CEO steps down

Rumblefish founder, President and CEO Paul Anthony Troiano is stepping down from his role with the music licensing company.

Troiano founded the company in 1996 while still a student at University of Oregon. He sold the company in 2013 to a private equity firm for an undisclosed amount and has been guiding its growth ever since.

Rumblefish is a music licensing platform of pre-cleared music that is used by content creators for online media. The company has a catalog of 3 million songs and helps artists expose their music.

Though he is stepping away from day-to-day operations, Troiano will still be an adviser to the company.

Troiano is active in the Portland and Oregon startup scenes and is one of the founders of the entrepreneurial organization Starve Ups. Last fall, he helped to start the RAINMaker Fund at the University of Oregon with a $300,000 gift to seed the fund, which backs student entrepreneurs and their startups.

Since Troiano sold Rumblefish, the company has continued to grow. It's looking to build its engineering team in Portland, where the company has about 30 employees.