As a Stanford MBA student, John Fenwick popped into the university’s engineering school and asked a professor to bring him the sharpest person there. That’s how he met the future co-founders of this startup that is commercializing space imaging with a budget satellite fleet. Skybox has gotten $91 million in funding.
Backed by $79.3 million in angel and venture capital funding, this identity and access management startup was founded in 2009 by MIT Sloan MBA Frederick Kerrest and former salesforce.com colleague Todd McKinnon. Kerrest earned his MBA on a Saturday in 2009 and the following Monday he was working full-time in Okta’s first office in San Francisco.
This online advertising startup was formed in 2011 by MIT Sloan MBAs Rene Reinsberg and Marc Piette and a couple of engineering savvy co-founders. It quickly signed up more than 30,000 restaurants, spas, salons and other companies to promote their businesses online. Locu was acquired this past August by GoDaddy for a reported $70 million.
Founded in 2008 in a Stanford dorm room, this startup came up with a simple, saliva-based test for more than 100 serious genetic diseases from cystic fibrosis to sickle cell. Stanford MBA Ramji Srinivasan, now CEO and one of three co-founders, has raised $60.2 million in venture funding for the company.
Wharton MBAs David Gilboa and Neil Blumenthal came up with the idea to create a lifestyle brand of eyeglasses, using their classmates to help them establish pricing and even come up with the company name, a hybrid of Jack Kerouac characters. Warby Parker now has $55 million in funding, including an investment from a marketing prof who still helps out with customer analysis.