Welcome Visitor Wednesday, September 18, 2019
VentureNotes: Consensus Point, Tandum, PinPtr, HouseLens
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Brad Wilson
Linda Rebrovick

CONSENSUS POINT President and CEO Linda Rebrovick is unlikely to retain those duties while simultaneously running for Mayor of Metropolitan Nashville/Davidson County, between now and Election Day 2015, said one source. Another source told VNC the company's current VP-Services, Brad Wilson, would be one strong option to succeed her. Rebrovick and Wilson had overlapping tenure at both Dell and at Bearingpoint. ConsensusPoint comment has been requested. [Updated 6 Nov. 2014: Rebrovick announced that veteran marketing-research exec Brad Marsh recently succeeded her as CEO.]

HOUSELENS said Sept. 12 it had raised $1.5MM toward a $2MM goal. VNC previously reported its planned Series A raise. Earlier coverage here. [Update: Oct. 29, 2014: HouseLens said in a release it had completed its $2MM Series A.]

TANDUM LLC, a Nashville- and Charlotte-based startup with an entertainment ticketing platform, reported it raised $1.4MM. Earlier this year, Co-founders Doug Pace (a former Pharos Capital associate) and Tyler Griffith told then-Nibletz they had used Centresource to development their iPhone/iPad prototype.

Will Hedgecock

PINPTR, the VU School of Engineering-linked positioning startup that's all about precision, has fine-tuned its capital schema: During the Jumpstart Foundry Demo Day on Aug. 21, Co-founder Will Hedgecock announced its $1.4MM total Seed-round goal. Now, it's going to happen in three phases. First, it has nearly completed a smallish friends-family-founders round, to get it through most of 1Q15. Next, in February it'll begin a $200K kickstarter raise to fund marketing and promotion. Then, by 4Q15, it'll launch a roughly $1MM Seed round to fund a marketing push in 2016. It's already had serious approaches from nearly a dozen individual and institutional investors, and those will be held in abeyance for the large phase. It'll go to market initially with consumer technology used by golfers for green-reading, or by skiiers and others for tracking. Subsequently, it'll move into more security- and safety-oriented sectors, possible related to unmanned aerial vehicles (UAVs, drones) and collision dection and avoidance (automotive and related). Protecting its IP during all this is a major strategic and defensive goal. It's working with Baker Donelson on that, and could also turn to specialists in Silicon Valley, said Hedgecock. Meanwhile, the team is deal with such things as high-altitude concerns regarding development of its API. Earlier Pinptr coverage here. VNC



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Tags: Andrew Crefeld, Baker Donelson Bearman Caldwell & Berkowitz, Bearingpoint, Brad Marsh, Brad Wilson, Consensus Point, Dell, Doug Pace, Fazecast, HouseLens, kickstarter, Linda Rebrovick, Pharos Capital, PinPtr, Tandum, Will Hedgecock


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