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Resonant Reports Contract Win

socalTECH

Goleta-based Resonant , which develops technology used for filters for radio frequency (RF) front ends, reported a win in Europe, via its Swiss subsidiary, GVR Trade SA. The company said that it signed a contract with EuroStars to fund a multi-year project for the development of sensors for new medical applications.

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DNAe Gets $51.9M Contract For DNA Sequencing Technology

socalTECH

Carlsbad- and London-based DNA Electronics , a developer of a semiconductor-based, DNA sequencing technology, says it has received $51.9M in a contract from the U.S. DNAe said the funding goes towards developing its platform for the rapid diagnosis of antimicrobial resistant infections and influenza.

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Hiring Developers Before Product/Market Fit?

SoCal CTO

Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition. And in most cases they are not ready to hire developers either. Using my StartupRoar as a radar, I came across a great post by Gabriel Weinberg Do you really need a full-time hire for that?

CTO Hire 205
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Diversis Capital Raises $675M Fund

socalTECH

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The new fund is led by Managing Partners Ron Nayot and Kevin Ma.

Capital 113
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SpinLaunch, Backed By Google And Kleiner Perkins, Gets DOD Contract

socalTECH

Long Beach-based SpinLaunch , a space launch services provider which recently relocated from Silicon Valley to Long Beach, reported on Wednesday that it has been awarded a launch prototype contract from the Department of Defense (DOD). Size of that new contract was not announced.

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Startup CTO or Developer

SoCal CTO

Most often at the earliest point in the life of a startup, the dominant need is certainly to produce product to get something in the market, get funding, etc. What worries me a bit is how often I read that startups should hire a developer / hands-on lead developer. How can I control costs but effectively get stuff developed?

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SAIC Gets $300M Software Development Contract

socalTECH

San Diego-based Science Applications International Corporation (SAIC), a provider of engineering and other services, announced today that it has signed a $300M, five year contract with the U.S. Department of Education. SAIC has approximately 44,000 employees serving both the Federal Government and some commercial customers.