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Waymo Scores $2.25B in First Outside Funding

Waymo, the self-driving unit of Alphabet Inc., has raised $2.25 billion in funding, mostly from outside investors. It is the first external investment for the Mountain View-based autonomous vehicle technology business, which grew out of Google's early attempts at creating driverless cars in 2009. The huge funding round was led…

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Member Stan Schneider Speaks: To Scale Effectively, Treat it Like the Major Project It Is

The Challenge: In this situation at hand, an Alliance CEO was seeking insight into smoothly implementing functional changes throughout his company with rapid growth on the horizon. If you were in this situation, what would you do? When everyone has both long-term and urgent responsibilities, urgent always wins. If I…

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Site Section: Member Insights

Alliance Voices

At our February 21st East Bay Regional Meeting, in the spirit of sharing the awesome collective wisdom of our Alliance community, we were treated to outstanding examples of the extraordinary wisdom and experience of our community of Alliance members as four members presented their “Alliance Voices”: Anu Shultes, CEO of…

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Site Section: Public Events

Eamonn Kelly

Eamonn Kelly, author of “Powerful Times” and Chief Futurist of Deloitte, advises senior leadership at leading corporations across multiple sectors, key global and national public agencies, as well as major philanthropic foundations. He also develops and delivers programs to help current and future leaders acquire the knowledge, judgment and skills…

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ALX Oncology Announces Closing of $105M Series C Financing

ALX Oncology, a clinical-stage immuno-oncology company developing therapies to block the CD47 checkpoint mechanism, announced the closing of a $105 million Series C equity financing. Vivo Capital was the lead investor with other new investors including funds managed by Logos Capital, Janus Henderson, Foresite Capital, Cormorant Asset Management, BVF Partners,…

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Boeing-Kitty Hawk EVTOL JV Wisk Raises Curtain On Cora Plan

The joint venture behind a secretive self-flying electric air taxi project debuting at this year’s Singapore Airshow is disclosing new details about the vehicle, which has been approved by the New Zealand government to conduct passenger trials in Canterbury, a city in the nation’s South Island. Developed by Wisk, a…

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Sam Gilliland

Sam Gilliland is CEO of Cherwell Software. For nearly a decade, Sam led more than 10,000 employees in 60 countries as chairman and CEO of travel industry technology giant Sabre Corporation and Travelocity.com. Under U.S. President Barack Obama, Sam served on the President’s Management Advisory Board and on the Energy…

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Intabio Closes $18 Million Round in Series B Funding

NEWARK, Calif. /PRNewswire/—Intabio, a developer of instrumentation systems for biotherapeutic precision analysis and quality assessment throughout bioproduction, announced a Series B investment of $18 million. The financing round was led by Northpond Ventures, with additional funds coming from Genoa Ventures and Vertical Venture Partners. In a testament to Intabio's steady…

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Skyline Enterprises Acquires Seattle Based Unimark Construction

Skyline Construction Enterprises announced the acquisition of Seattle-based Unimark Construction Group LLC and its sister company Servicemark LLC, a major step in the commercial real estate and construction holding company’s nationwide expansion plan. With this acquisition, the Skyline family of companies is able to offer growth and expansion opportunities throughout…

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Leadership in a Digital Age

By Warren Lutz Johnny Loiacono knows a thing or two about how quickly technology can change, having seen many tech companies come and go during his career. That includes one-time Silicon Valley giant, Sun Microsystems, where Loiacono used to work, as well as Adobe Systems. But the rate at which…

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Site Section: Cases

Primary-Care Stock One Medical Is Up 44% on First Trading Day

Shares of the primary-care doctor’s office chain One Medical were up 43.8% from their offering price on Friday, January 31 as the stock began trading for the first time. One Medical, which trades as 1Life Healthcare under the ticker ONEM, set an offering price of $14 per share on Thursday,…

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Member Brian Sohmers Speaks: To Scale a Sales Team, Invest in Budding Talent

The Challenge: In the situation at hand, a business executive was seeking insight into finding highly capable sales account executives to execute on its 2020 revenue growth plan. If you were in this situation, what would you do? If I were in this position, I would take the long view…

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Site Section: Member Insights

Axiom Exergy Captures a Place in the 2020 Global Cleantech 100

RICHMOND, Calif., /PRNewswire/—Axiom Exergy, a technology company that uses Artificial Intelligence to transform the world's thermal systems into intelligent, flexible, and resilient assets, was named a 2020 Global Cleantech 100 company by Cleantech Group. The 2020 Global Cleantech 100 is the 11th edition of the respected annual guide to the…

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Collette Bunton Named 2020 “Women of Influence” Award Winner

Pet Age’s Women of Influence (WOI) Award program recognizes the accomplishments and successes of women working in the pet industry. The sixth annual WOI awards will honor 25 ambitious, hardworking women who were selected from nearly 100 nominations. The class of 2020, which includes Alliance member Collette Bunton the CEO…

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Virtual Incision Corporation Raises $20 Million

Virtual Incision Corporation, a medical device company pioneering a first-of-its-kind miniaturized surgical robot, announced it has raised $20 million in a Series B+ financing led by returning investor Bluestem Capital, with participation from returning investor PrairieGold Venture Partners, as well as from Genesis Innovation Group and other affiliated investors. The…

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Novome Biotechnologies Raises $33 Million Series A Financing

SOUTH SAN FRANCISCO, Calif. – Novome Biotechnologies, Inc., a biotechnology company engineering first-in-class, living medicines for chronic diseases, announced that it has secured $33 million in a Series A financing and has appointed Blake Wise as Chief Executive Officer. The financing was led by DCVC Bio with participation from seed…

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Cadent Acquires 4INFO

NEW YORK, /PRNewswire/—Cadent, the advanced TV platform company, announced the acquisition of 4INFO to expand its cross-screen solutions for national advertisers with advanced audience targeting, and over-the-top (OTT) and connected TV (CTV) video buying capabilities. The ability to orchestrate traditional and next generation TV campaigns is core to any modern…

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Ekso Bionics Announces Closing of $5.0 Million Registered Direct Offering

RICHMOND, Calif., (GLOBE NEWSWIRE)—Ekso Bionics Holdings, Inc. (EKSO) (the “Company”), an industry leader in exoskeleton technology for medical and industrial use, announced the closing of its previously announced registered direct offering of 11,111,116 shares of its common stock and warrants to purchase up to 8,333,337 shares of its common stock,…

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Lattice Semiconductor Wins GSA’s 2019 “Analyst Favorite Semiconductor Company” Award

HILLSBORO, Ore.—(BUSINESS WIRE)—Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced that it won the Global Semiconductor Alliance’s (GSA) 2019 “Analyst Favorite Semiconductor Company” Award based on technology and financial performance. The GSA awards recognize the achievements of top performing semiconductor companies and the 2019 winners were announced…

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Bailard Wins a 2019 Pensions & Investments Best Places to Work Award

Bailard was recognized in the 2019 Best Places to Work in Money Management awards announced by Pensions & Investments. This is the latest of several industry recognitions Bailard has received this year, corresponding with the 50th Anniversary of the founding of the firm. This summer, Bailard was named in the…

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The Power of Collaboration

By Warren Lutz Dean Zikria remembers it was hot outside when he struck up a conversation with fellow Alliance member, Joe Heanue, as the two left an Alliance group meeting last spring. “I needed a company I could work with to bring a product to market,” said Zikria, who had…

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Site Section: Cases

Three Alliance Members on Deloitte’s Technology Fast 500 List

Congratulations to the following Alliance Members whose companies were named to the Deloitte Technology Fast 500 List. Combining technological innovation, entrepreneurship, and rapid growth, Fast 500 companies—large, small, public, and private—hail from cities far and wide across North America and are disrupting the technology industry. If you are looking for…

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Member Nadim Maluf Speaks: When Pivoting, Hypothesize, Then Act

The Challenge: The situation at hand involves an executive who needed to pivot and was seeking insight into effective next steps. He not only had questions about strategy, but was also hoping to marshal the enthusiasm of his team to embrace a new course. If you were in this situation,…

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Site Section: Member Insights

Alden Mills

“No one cares how much you know, until they know how much you care,” are words that Alden Mills, Founder of Perfect Fitness & Author of Unstoppable Teams, considers one of his mantras in both his business relationships and personal life. Spoken by former President Theodore Roosevelt, the message is…

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Site Section: Public Events

Cytek Biosciences Expands Global Reach

FREMONT, Calif., (GLOBE NEWSWIRE)—Cytek Biosciences Inc.'s mission to make full spectrum flow cytometry accessible to a larger number of scientists continues to resonate with the scientific community. The company has announced that its advanced flow cytometry systems have been purchased by scientists in over 20 countries across five continents. Additionally,…

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Ellie Mae Signs Agreement to Acquire Capsilon

Ellie Mae, a cloud-based platform provider, Monday it signed a definitive agreement to acquire Capsilon, a provider of AI-powered mortgage automation software for lenders, investors and servicers. This acquisition will accelerate Ellie Mae’s vision to offer a fully digital mortgage. It will combine its Encompass Digital Lending Platform with Capsilon’s…

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John Bates

John Bates is one of the most prolific TED-format trainers in the world, John has been privileged to get to know and work with many accomplished executives. In his work John noticed that when people first take the stage, pitch new clients or take on a new role, they first…

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Three Alliance Member Companies on the List of the Bay Area’s Fastest Growing Private Companies

Congratulations to the following Alliance Members whose companies were named to the Bay Area's list of the Fastest-Growing Private Companies for 2019 by the San Francisco Business Times and the Silicon Valley Business Journal. Innowave Marketing Group, led by CEO Stu Birger OnQ, led by Founder & CEO Paul Chapuis…

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Ervinna Lim Wins “Women in Cybersecurity” Award

PALO ALTO, Calif.—(BUSINESS WIRE—Jumio, the leading provider of end-to-end identity verification and authentication solutions, announced its Jumio Authentication solution was named Leader in Authentication and Most Innovative in Biometrics in the Cyber Defense Global Awards. Ervinna Lim, Jumio’s vice president of global customer success, also won a Women in Cybersecurity…

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Bobby Reed Included in Sacramento Business Journal’s List of 40 Under 40

Congratulations to Alliance member Bobby Reed, for being named one of Sacramento Business Journal’s “40 under 40!” “First, congratulations to all of Sacramento Business Journal’s “40 Under 40” honorees. It is a tremendous honor to be recognized as one of the most influential business owners under 40 in Sacramento. Thank…

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