Bateman Client Spotlight 2.15.18
We kicked off 2018 strong at Bateman Group with a flurry of news moments, including the launch of Chronicle, the most recent graduate from X, The Alphabet Moonshot Factory, and two major funding events. Our clients Snowflake and Ginkgo Bioworks announced significant funding rounds, securing coverage in publications such as TechCrunch and Forbes. CNBC, CNN and Krebs on Security, along with dozens of other publications, covered the launch of Chronicle. Fortune reporter Jeff John Roberts profiled Tenable’s record year of $189M in revenue with growth of 50 percent over last year. Other highlights include bylines in The Hill, The Wall Street Journal and Reuters, as well as a Wall Street Journal podcast. Read on for more:
“Hundreds Of Millions Of Dollars Pour Into Hacking Microbes,” Forbes — Ginkgo Bioworks announced the opening of its third foundry, supported by $275 million in a Series D funding round. In this feature, science and medicine writer Matthew Herper explains how this news indicates a larger trend – VCs expanding their investments in biology.
“Snowflake lands massive $263 million investment on unicorn valuation,” TechCrunch — Snowflake announced its largest investment round, pulling in $263 million for a valuation of $1.5 billion.
“Alphabet’s latest business is a company that will ‘stop cyber attacks before they cause harm’,” CNBC — Alphabet launched Chronicle, a cybersecurity company that aims to give companies a better chance at detecting and fighting off hackers.
“Visa Policies Keep Women From Working,” The Wall Street Journal — In this contributed article, HackerRank CEO Vivek Ravisankar discusses how H4 visa policies prevent thousands of skilled immigrants from working and contributing to the American economy.
“Cyber Firm Tenable Reveals $189 Million in Revenue as Sector Faces Doubts,” Fortune — Tenable announced a record year of $189M in revenue with YOY growth of 50%.
“The Case for Hiring a Federal Cyber Officer,” The Hill — Sanjay Beri, founder and CEO of Netskope, writes about the need for President Trump to hire a federal CISO in order to tackle the ongoing cyber crises the country is experiencing.
“U.S. tax break could push startups to share the wealth,” Reuters — Kate Mitchell, co-founder and partner at Scale Venture Partners, explains how the new tax bill impacts the way startups allocate equity.
“Amy Nauiokas: Secret to Picking Winning Investments,” Wall Street Journal’s Secrets of Wealthy Women podcast — Venture capitalist Amy Nauiokas, co-founder of digital investment firm Anthemis, reveals key management skills that helped her succeed in media, entertainment, financial services and VC.