Skip to main content

LiDAR startup Luminar hires former Fitbit and Apple execs

LiDAR company Luminar and its whiz founder Austin Russell burst onto the autonomous vehicle startup scene last April after operating for years in secrecy. Now, Luminar has nabbed two high-profile hires that signal its grander ambitions in the race to develop and deploy autonomous vehicles.

Luminar announced Thursday it has hired Fitbit executive Bill Zerella as its chief financial officer and Tami Rosen as chief people officer. Both have years of experience in their respective arenas. Zerella was CFO of FitBit for four years. He has held the CFO position in various other companies, including wireless communications company Vocera, Force10 Networks, and telecom equipment firm Infinera.

His specialty is helping burgeoning startups scale up in revenue as well as operationally to hit high-volumes hardware and software products. He has also helped companies navigate the path to an IPO. During his stint at Fitbit, Zerella led the largest consumer electronics IPO in history.

Rosen also has a long and fruitful HR career, including 16 years at Goldman Sachs and a  role senior director of human resources at Apple. She was most recently vice president of people at Quora.

Rosen will need to rely on her deep experience. The explosion of companies working on autonomous vehicle technology has firms competing for a limited pool of talent. HR will be a keystone to Luminar’s plans to scale, and to the broader transformation of the future of transportation, Rosen told TechCrunch.

“It really takes looking at how you build a strong culture, one that’s inclusive and motivates the workforce and that can be key for us to hit these ambitious goals,” Rosen said.

LiDAR, or light detection and ranging radar, measures distance using laser light to generate a highly accurate 3D map of the world around the car. LiDAR is considered by many automakers and tech companies an essential piece of technology to safely roll out self-driving cars.

Russell has argued that companies have been wrongly focused on the price and should instead work on LiDAR’s performance. That’s where Luminar started.

The company built its LiDAR from scratch, a lengthy process that resulted in a simpler design and better performance. Now the company is working on reducing the cost through its own smart engineering and good old-fashioned economies of scale.

That’s where Zerella and Rosen come in. Russell has built out the tech, grown the company to about 400 employees over three locations, made a strategic acquisition of Black Forest Engineering, and landed partnerships with Toyota Research Institute and most recently Volvo. Luminar also has 136,000-square-foot manufacturing center in Orlando, Florida.

Zerella and Rosen aim to take Luminar further.

“Last year it was all about demonstrating how the technology was coming together, adopting some of these initial commercial partners, building out the production facility,” Russell told TechCrunch in an interview ahead of the announcement. “Now it all comes down to execution and scale.”



from Apple – TechCrunch https://ift.tt/2tMkBwD

Comments

  1. Thanks for sharing, if you want more benefits then remain connect with us.

    Luminar Crack

    ReplyDelete

Post a Comment

Popular posts from this blog

Axeleo Capital raises $51 million fund

Axeleo Capital has raised a $51 million fund (€45 million). Axeleo first started with an accelerator focused on enterprise startups. The firm is now all grown up with an acceleration program and a full-fledged VC fund. The accelerator is now called Axeleo Scale , while the fund is called Axeleo Capital . And it’s important to mention both parts of the business as they work hand in hand. Axeleo picks up around 10 startups per year and help them reach the Series A stage. If they’re doing well over the 12 to 18 months of the program, Axeleo funds those startups using its VC fund. Limited partners behind the company’s first fund include Bpifrance through the French Tech AccĆ©lĆ©ration program, the Auvergne-RhĆ“ne-Alpes region, Vinci Energies, CrĆ©dit Agricole, BNP Paribas, Caisse d’Ɖpargne RhĆ“ne-Alpes as well as various business angels and family offices. The firm is also partnering with Hi Inov, the holding company of the Dentressangle family. Axeleo will take care of the early stage in...

Puls raises $50 million for in-home technical support

A fund affiliated with the Singaporean government has a great interest in making sure that American consumers are getting the tech support they need. Temasek, the multi-billion-dollar investment fund associated with the government in Singapore, has led a $50 million round for  Puls Technologies, Inc. , a San Francisco-based company aiming to be the tech support for American homes and offices. Current investors Sequoia Capital, Red Dot Capital Partners, Samsung NEXT and Viola Ventures all participated in the new financing, alongside additional new investors Hanaco Ventures and Hamilton Lane. Founded only three years ago, Puls pitches a service that can match consumers with the appropriate technician in a little over an hour, any day of the week. The company has built a network of 2,500 technicians in the top 50 cities in the United States, and will provide same-day installation and repair of over 200 products. Some things the company’s technicians can service include smartphon...