Happy June! In another strong signal of our local software ecosystem, public analytics software maker Alteryx is launching a $50M venture fund. The deep analytics roots and talent in OC is producing a number of early stage startups and now local capital will help fund them. This is a great win for the ecosystem.
Another win is an impending exit from Acorns with a planned $2.2B reverse merger to go public with SPAC Pioneer Merger Corp. Acorns had a massive Q1 and is riding the momentum. These are the kinds of milestones that really lift an ecosystem for decades.
Neal is our founder and the person behind our weekly Bloombites column, giving insight into the current tech happenings in Orange County and interviewing tech leaders on the Tacos and Tech Podcast. Neal went from working on rocket engines to becoming a tech entrepreneur and investor. When he’s not working, you can find him going on trail runs and experimenting to make the perfect cocktail.