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Startups and a Common Misunderstanding in Agile Software Development

SoCal CTO

They didn't feel they had visibility into timelines and costs for development of their software. In three of the cases, the founder was finding that the software teams (1 in-house, 2 outsourced) were delivering relatively well in the short-run. My belief is that you shouldn't sign that contract.

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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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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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MaintenanceNet Gets Private Equity Funding

socalTECH

Carlsbad-based MaintenanceNet , which develops software used to manage maintenance and service contracts, announced Wednesday that it has raised a round of growth equity from private equity company Kayne Anderson Capital Advisors. Size of the funding round was not announced. The firm is led by Scott Herron. READ MORE>>.

Equity 168
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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?

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Cynvenio Biosystems Raises $2.0M, Gets NCI Contracts

socalTECH

Westlake Village-based Cynvenio Biosystems , which is developing molecular diagnostics systems for cancer, announced this morning that it has received $2.0M in financing, plus scored two Small Business Innovative Research (SBIR) contracts from the National Cancer Institute (NCI). The funding came from the company's existing investors.