Kitchener-Waterloo-based traffic management software startup Miovision has scooped up one of its customers, acquiring Texas traffic data collection company CJ Hensch & Associates.
Traffic management startup Miovision has closed $36 million CAD for the second and final tranche of its latest funding round, bringing the total round to $296 million.
Pilots over pitches: how to accelerate growth through corporate-startup collaboration
“Always be pitching” has been the startup mantra for years, and for good reason. Pitching helps improve and validate ideas, understand customers, and accelerate learning on a consistent basis, so your company can build the right product.
But over-investing in pitches has a dark side. The obsession with the perfect pitch has led to countless pitch nights, competitions, and award ceremonies, but when pitches turn into a shiny object designed to win competitions, they’re no longer focused on growth. Successful companies don’t build for the pitch; they build for traction.