The inside story of how Greylock incubated security startup Abnormal - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Silicon Valley VC firm Greylock is betting big that startup founders are ready to trade garages and basements for swanky offices with its legendary startup incubator

, with $24 million in Series A funding. Naturally, Greylock led the round.

Now, Reiser joins one of the more exclusive clubs in Silicon Valley. As a Greylock incubator alum, Abnormal can count among its peers the cybersecurity giant Palo Alto Networks and HR software maker Workday. Reiser found his way back to the VC firm through another incubated startup, TellApart, where he worked with founder and newly minted Greylock partner Josh McFarland.

Reiser and his cofounder Sanjay Gupta moved into Greylock's offices on Bluxome Street in San Francisco's South of Market neighborhood in April to officially start working on Abnormal. The cofounders had complete access to Greylock's team, breaking down the more formal relationships founders tend to have with investors they meet once every six weeks at a board meeting.

At each step, Reiser and Motamedi said they would stress test new tools and features with Greylock's impressive network of top-tier security executives, some of which have signed on as paying customers. Reiser recounted a conversation he had with"There's kinda like a randomness to it that you get a benefit from," Reiser said.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 729. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Idiots. Tangible things are successful

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

ThreeKit: 3D photography startup funding by former NFL star and Salesforce - Business InsiderFounded in 2005 by Hollywood special effects veteran Ben Houston, ThreeKit uses 3D software to provide realistic product renderings for online retailers.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Northzone: New $500 million VC fund for European and NY tech startups - Business Insider'We've been successful because we have true founder empathy, we are sticking to what's working,' said Paul Murphy, general partner at Northzone.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Sentry changed to BSL because Amazon is a 'huge business liability' - Business InsiderSentry CEO David Cramer explains why his company changed its open source licenses to the Business Source License, which was created by Cockroach Labs.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

How men's health start-ups are turning erectile dysfunction and hair loss treatment into a booming businessHims, Roman and other online health companies are succeeding by going directly to consumers. And they're starting to win over skeptics.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Kylie Jenner Sells $600 Million Stake in Beauty BusinessCoty is paying $600 million for a controlling stake in Kylie Jenner’s cosmetics startup, wagering that the celebrity’s brand can revive a struggling beauty business based on CoverGirl and MaxFactor.
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »

Why unicorn IPO, WeWork flops are a good thing for the stock market - Business InsiderThe chief strategist at a $1.2 trillion investing titan explains why pain for Uber, Peloton, and WeWork is good news for the stock market — and helping fend off another tech bubble
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »