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