Cameron McCord, CEO & Founder of Nominal, discuss their recent $75 million Series B round led by Sequoia, bringing their total funding to over $100 million. With this funding, #1 on the Midas list investor, Alfred Lin of Sequoia is joining their board.
Alongside Stephen Slattery, Growth & Product at Nominal, they delve into Nominal’s rapid 10-day funding process, driven by thorough due diligence and their impressive customer testimonials. We go deeper into their innovative core products, Core and Connect, for hardware testing, software management, and their impressive traction in aerospace, defense, energy, and maritime industries. Closing large early customers like Shield AI, Antares, and Vatn.
Cameron and Steven, share insights into their backgrounds, including experiences in the US Navy, Anduril, SpaceX, and other prestigious institutions, and how these experiences led them to create Nominal. Learn how Nominal accelerates testing processes, the company’s growth strategies, and the unique challenges and advancements in the hardware sector. Plus, Cameron’s fascinating background as a submarine officer.
Molly on X: https://x.com/MollySOSheaCameron on X: https://x.com/cameronlmccord
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TIMESTAMPS:
00:00 - $75M Series B Led by Sequoia
03:12- The Journey to Nominal: Backgrounds and Convictions
06:01 - Market Opportunities & Challenges in Aerospace and Defense
08:58 - Continuous Hardware Testing: The Future of Development
11:48 - Nominal's Unified Operating Platform: Features and Benefits
15:03 - The Role of Connect in Hardware Testing
17:55 - Trends and Predictions in the Defense Sector
20:48 - Navigating the Supply Chain and Testing Landscape
23:48 - The Importance of Collaboration with Primes
26:49 - Delta Qualification: Accelerating Hardware Development
34:06 - Nominal's Products: Core and Connect
44:27 - Scaling Success with Nominal
48:21 - Performance Management in Complex Industries
52:10 - Case Studies: Aerospace, Nuclear, and Maritime
01:00:24 - Efficiency Gains & Cost Savings for Customers
01:03:20 - Navigating Innovation in a Rapidly Changing Landscape
01:06:49 - Go-to-Market Strategies for Diverse Customers
01:09:10 - Building a Talented Team for Growth
01:14:57 - Lessons from Fundraising and Future Outlook#podcast #investing #technology #venturecapital #entrepreneur #startup #siliconvalley
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