Tech Strikes: Startup Haven grows workforce to guide new fund; PSL promotions; F5 Networks provides execs

Tech Moves: Startup Haven grows team to lead new fund; PSL promotions; F5 Networks adds execs

The Startup Haven workforce (clockwise, from prime left): Bob Crimmins, Claudius Mbemba, Jay Westerdal, David Malcolm and Arry Yu. (Startup Haven Photograph)

Startup Haven, a neighborhood for entrepreneurs based by Seattle startup vet Bob Crimmins, launched an funding fund known as Startup Haven Ventures. With the brand new fund, Startup Haven has additionally expanded its workforce:

  • CEO Jay Westerdal is a senior enterprise associate.
  • WTIA Blockchain Council Chair Arry Yu is a enterprise associate.
  • NEU co-founder and CTO Claudius Mbemba is an funding director.

Crimmins, a Seattle tech veteran, based Startup Haven in 2005. It started as a poker recreation however now has chapters in seven cities and a couple of,300 members.

He started working Startup Haven full-time in 2019 and just lately launched a Startup Haven accelerator. Techstars and Microsoft vet Dave Malcolm is govt director of the accelerator.

The brand new fund supplies investments to corporations taking part within the accelerator and likewise makes direct investments. It focuses on pre-seed corporations with capital-efficient enterprise fashions and early indicators of commercialization. The fund is targeted on the Pacific Northwest however can also be open to backing corporations past the area. Its first funding is in Vancouver, B.C. agtech startup Verdi.

— Seattle-based Pioneer Sq. Labs (PSL) introduced three promotions on its management workforce:

  • Palvi Mehta is now working associate and CFO, main finance and operations for each PSL’s startup studio and enterprise capital fund. Mehta joined PSL in 2018 from ExtraHop Networks, the place she was CFO.
  • David Zager is now a associate and chief design officer for PSL Studio. He joined PSL in 2015 as chief design officer.
  • Ben Gilbert is now a managing director for PSL Ventures. Gilbert is a co-founder of PSL Studio.

— Tableau Software program CEO Adam Selipsky would be the new CEO of Amazon Net Companies, changing Andy Jassy, who will take over as Amazon’s CEO later this yr. Selipsky is a well-recognized face at Amazon as a former AWS govt who spent 11 years on the Seattle-based tech big. He left to hitch Tableau as CEO in 2016, Learn the total story

Yvette Smith (left) and Gail Coury. (F5 Networks Pictures)

— F5 Networks employed Microsoft CVP Yvette Smith as SVP of buyer success and enterprise transformation and promoted Gail Coury to SVP and chief data safety officer. They are going to each report back to Chief Technique Officer Tom Fountain.

At Microsoft, Smith led help and buyer success packages for its business cloud enterprise. Previous to becoming a member of the Redmond, Wash. tech big in 2016, she was a senior vp at Xerox and spent 18 years at IBM.

Coury is predicated in Denver, Colo. and joined F5 Networks in 2018 because the VP and common supervisor of Silverline, F5’s managed safety providers. Previous to that, she served as CISO at Oracle Cloud and PeopleSoft.

The Seattle-based utility safety and supply firm’s income was up 10% for the December quarter and just lately accomplished its acquisition of cloud computing startup Volterra.

Scott Nagel. (Redfin Photograph)

— Redfin’s President of Actual Property Operations Scott Nagel will retire in April 2022. Nagel has been with the Seattle-based publicly-traded actual property firm since 2007.

“Scott and I’ve been companions and buddies for 14 years, from a couple of hundred thousand {dollars} in gross sales to just about a billion,” mentioned Redfin CEO Glenn Kelman.

He might be succeeded by the corporate’s present Chief Development Officer Adam Wiener, a longtime Redfin govt. Beginning subsequent month, the transition will start with Nagel turning into president of strategic initiatives.

Wiener will lead all of Redfin’s dwelling sale providers together with mortgage, brokerage, Title Ahead and RedfinNow. Additionally a part of the transition, Christian Taubman will change into the brand new chief development officer. He was beforehand the chief product officer.

Redfin beat analysts expectations for its most up-to-date quarterly earnings estimates, buoyed by a scorching actual property market. The corporate additionally introduced its deliberate acquisition of RentPath for $608 million earlier this yr.

— Seattle e-commerce startup Material added Umer Sadiq as CTO and Nevin Shetty as CFO. Sadiq is a former Amazon worker who beforehand co-founded good buying cart startup Veeve and was its CTO. Shetty comes from SierraConstellation Companions, the place he was managing director. Material raised $43 million in February to gas development of its software program that helps retailers promote their merchandise on-line.

Seattle-based RFID know-how supplier Impinj introduced Microchip Expertise Government Chairman Steve Sanghi has its latest board director. Sanghi served as CEO of Microchip Expertise for greater than 30 years. Impinj beat Wall Road expectations for income in This fall, up 30% from the third quarter.

— Purdue College Professor Jennifer Neville might be becoming a member of Microsoft Analysis in June. Neville, a professor of pc science and statistics, introduced the information in a publish on Twitter. Her analysis covers machine studying, knowledge mining and neural networks.

— Safety compliance startup Strike Graph named Dan Adams as its new VP of gross sales. Adams, based mostly in Chicago, was most just lately the final supervisor of the North America enterprise development for fellow Seattle-area startup Icertis.

Strike Graph spun out of Madrona Enterprise Labs final yr and raised a $3.9 million seed spherical led by Madrona Enterprise Group in October. The corporate helps prospects put together for the cybersecurity certification course of.

— Reverb, a Seattle HR consultancy agency, expanded its workforce with three new coaches:

  • Colleen Yamaguchi, a former lawyer turned govt coach and management improvement guide.
  • Nadja Escolar, a former Proctor & Gamble and Amazon director who left the e-commerce big final yr.
  • Marriot Winquist, a former Bluetooth SIG and T-Cell govt who has been an govt coach and enterprise technique guide since 2019.

Reverb just lately created a digital program to fulfill to fulfill surge in demand for variety coaching.

— Seattle stem cell startup Curi Bio added Dynamk Capital Managing Associate Gustavo Mahler to its board. Dynamk Capital led the 6-year previous startup’s $6 million Collection A spherical which was introduced final week.

What do you think?

Written by LessDaily.Com


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