Misty Robotics tacks on additional $11M to Series A round
Misty Robotics, the sister company of robotic toy creator Sphero, added another $11 million in equity funding to its Series A round. The round was originally announced in June 2017, bringing in $11.5 million from investors like Venrock and Foundry Group. “Misty Robotics’ most recent funding is a follow-on to our Series A with our existing investors leading the round,” said PR representative Kathryn Kelly. “We plan to use the new funds to get Misty II to market and ramp up sales in 2019.”
Pax8 taps Nick Heddy for role of chief revenue officer
Greenwood Village-based Pax8 promoted its former senior vice president of sales and marketing, Nick Heddy, to its executive team this week. Heddy will assume the newly created role of chief revenue officer, a position in which he’ll be responsible for revenue generation processes and aligning key departments to ensure the best possible experience for the managed service providers that utilize Pax8’s cloud services distribution platform.
“Nick is a proven leader who understands the rapidly changing landscape of our industry and how to motivate, recruit and build a winning team,” said CEO John Street. “We created the CRO role for Nick because it is critical to maximizing revenue across all areas of our business. As we approach 2019, we look forward to the impact Nick and his team will make in achieving new aggressive growth targets.” [Read more.]
Denver Airport begins testing next-generation screening technology
On Monday, DIA unveiled the next-generation technology it hopes will make the TSA screening process faster and smoother for the airport’s travelers. The Enhanced Advanced Imaging Technology, as it’s called, eliminates the need for travelers to put their hands over their heads and can complete a scan in less than a second. DIA plans to start off testing a single device in the airport’s north security checkpoint. If the test is successful after three months, officials may decide to implement the new technology in additional checkpoints throughout the airport. [Read more.]
Boulder’s National Center for Women and Information Technology wins $4.1M grant
The Cognizant U.S. Foundation, a nonprofit that supports STEM education and skills for U.S. workers and students, awarded the Boulder-based National Center for Women and Information Technology a $4.1 million grant. The money will help NCWIT deliver digital skills education programs and ramp up an awareness campaign aimed at increasing interest among women of all ages in pursuing careers in technology.
“As of 2017, women held only 26 percent of professional computing occupations in the United States,” said Lucy Sanders, chief executive officer and co-founder of NCWIT, in a statement. “To close this gap and fill an estimated 3.5 million computing-related job openings expected by 2026, we must make computing education accessible to all and attract diverse talent to the discipline.” [Read more.]
ThreatX expands leadership team, adding new CFO and COO
Denver-based cybersecurity startup ThreatX made moves to strengthen its executive team this week, bringing on David Roshak as CFO and Mike Reagan as COO. Roshak is a seasoned tech veteran who brings more than 20 years of leadership experience and most recently served on the leadership team at Optiv. A thirty-year tech veteran himself, Reagan joins the team from SIEM security provider LogRhythm, where he helped grow the business from less than $1 million to over $150 million in annual sales. The appointments of Roshak and Reagan strengthen the company’s ability to accelerate growth and capitalize on the market shift to cloud-based security solutions. ThreatX raised an $8.2 million Series A in April and has been steadily growing ever since. [Read more.]
