How a gun detection startup raised millions
Conshohocken-based ZeroEyes repeatedly raised large sums over the last four years, including $53 million in Series B funding in June.
That’s impressive, given that it’s generally harder to raise venture capital now than it was 10 years ago. Cofounder Sam Alaimo credits ZeroEyes’ success to its mission to end gun violence.
Trends founders should know before pitching
Longtime tech CEO Bob Moul interviewed 40 venture capitalists about the current investment economy. He learned that investors are looking for more from founders at earlier stages.
Venture capitalists are more cautious about the risk they’re willing to take on, he said. But investors also are looking for a strong team, and it shouldn’t be as hard to pull one together.
News Incubator: What else to know today
• Members of the Temple University Graduate Student Association and Temple’s Faculty Senate president react to John Fry’s appointment as university president. [Philly Biz Journal]
• Paul Richards, chief revenue officer for camera manufacturer PTZOptics, released a book called “Remote Production” about broadcasting technologies. [PTZOptics]
• Philadelphia ranked the fifth best city for international students, according to a report from Commercial Cafe. Philly is the third best for affordability and commuting. [Commercial Cafe]
• Do you know an exceptional technologist? Nominate them for this year’s RealLIST Engineers list in Philly. [Technical.ly]
