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Small Business Funding

Ballistic Ventures Appoints Former Mandiant EVP and CFO Frank Verdecanna as Strategic Financial Advisor | PR Newswire [Video]

, /PRNewswire/ — Ballistic Ventures, the venture capital firm dedicated exclusively to funding and incubating entrepreneurs and innovations in cybersecurity, today announced Frank Verdecanna has joined the firm as Strategic Financial Advisor. Verdecanna most recently served as the Executive Vice President (EVP) and Chief Financial Officer (CFO) of Mandiant, until its $5.4 billion acquisition by Google in 2022.

In his advisory role at Ballistic Ventures, Verdecanna will help the firm’s portfolio companies navigate fundraising and financial strategies, including helping portfolio executives make sure financial models, projections and due diligence materials are investor-ready. His deep financial and cybersecurity expertise will also be used to help portfolio executives drive efficient capital allocation, budgeting, and resource management, as well as provide guidance on burn-rate management and cash-flow optimization.

“In today’s startup environment, robust financial strategies are essential for stability, scalability and success,” said Verdecanna. “I look forward to using my experience to help these portfolio companies fine-tune their strategies …

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Small Business Funding

Suspects in fatal Rutland shooting plead not guilty during court appearance [Video]

Two men allegedly involved in a deadly shooting in downtown Rutland last week faced a judge on Monday. And court documents show that the victim may have not been the intended target. Dylin Wainscott, 28, is facing a first-degree murder charge, while 31-year-old Precious Okorie is facing charges of conspiracy and accessory. Both pleaded not guilty to the charges.Police said the shooting happened near Elm Street and Grant Avenue on Friday night, and investigators found 32-year-old Christopher Hale shot to death.An official with the Rutland City Police Department told NBC5 they believe the shooting was a targeted incident.The charges that we brought indicate that there was some premeditation involved," said Detective Corp. Adam Lucia of the Rutland City Police Department.According to court documents, someone close to the invesigation told police that Wainscott and Okorie were looking for a suspected drug dealer that Wainscott has had issues with in the past. Wainscott allegedly told the witness that he shot someone that looked like the suspected drug dealer and that he "had seven shots and made all seven shots count." Court documents said police watched a surveillance video of the crime scene and saw Hale knock on the door of 19 Elm Street. That's when a man allegedly came from behind a nearby car and shot him. Hale screamed and collapsed.Because of the seriousness of the charges, the court ordered that Okorie be held on $100,000 bail. Meanwhile, Wainscott is being held without bail until his next court appearance.

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Small Business Funding

Small Businesses, Big Future: AI-Powered Hookle App Fuels Sustainable Growth for 30 Million U.S. Micro-Businesses | PR Newswire [Video]

Hookle, a Finland-based tech company, is advancing sustainable growth for over 30 million U.S. micro-businesses with its AI-powered social media marketing app. By simplifying digital marketing, Hookle empowers micro-businesses globally