Portfolio News: NextInput is now Qorvo

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Band portfolio company NextInput (July 2014 Dinner), a leader in MEMS-based sensing solutions, was acquired by Qorvo (Nasdaq: QRVO) earlier this month and will become the Sensor Fusion business unit within Qorvo Mobile Products. The combined company will work closely together to design NextInput’s highly differentiated sensing solutions into the next generation of 5G smartphones and high performance True Wireless Stereo (TWS) headsets at major OEMs worldwide while continuing to build significant market share in next-generation smart cabins for the automotive industry.

You can read more about the acquisition in this press release (http://bit.ly/nextinput-qorvo).

AgFoodHealthspan Advisory Council

The Band of Angels AgFood Tech vertical was inaugurated as a Special Interest Group (SiG) in 2016. The goal was to invest in new markets created by digitalization of farming and food systems including consumption and delivery. In the past few years, we have witnessed amazing innovations and creation of new markets that is nothing short of transformative. As she outlines in this presentation (https://bit.ly/AFHvertical), Chair Jaleh Daie is broadening the group's mission and investment theme to go beyond food and agriculture to include wellness and healthspan and changing the name of this SiG to AgFoodHealthspan (AFH). She is also innovating by adding a formal way for non-members to participate; her Advisory Council (https://bit.ly/AFHadvisors) will expand the number of people with deep domain expertise (eg. real life farmers/growers, journalists, other early investors) participating in the group. Check out the “rules” for participating and consider people you might nominate to join. Welcome to the AFH Advisory Council Deane Falcone, CTO of Band portfolio company CropOne and Amy Wu, a journalist.

 
 

Welcome to the Portfolio: OpsCruise Emerges From Stealth Raises $5M In Seed Funding Led By The Fabric to Revolutionize the $17B Cloud Observability Market

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OpsCruise, the cloud application observability company, emerged from stealth today with $5 million in Seed funding led by The Fabric and focused on the $17 billion market opportunity for IT monitoring and observability. In addition to The Fabric other notable investors include First Rays Venture Partners, Impact Ventures, The Band of Angels and TiE Silicon Valley. Read press release