Portfolio News: ShotSpotter Goes Public


We have had our 11th Band of Angels portfolio company IPO! ShotSpotter, Inc. (January 2006 Dinner) went public on the NASDAQ on June 7th, 2017 under symbol “SSTI”. SSTI is a gunfire detection and solutions company that triangulates gun fire to within feet of the source, in less than 45 seconds of the trigger being pulled. Where it has been deployed, it has caught criminals, exonerated police in disputed shootings, brought emergency assistance to victims in time to save their lives, and generally reduced gun violence. So in addition to making investors a profit, this company epitomizes the notion of doing well by doing good. Congratulations to Band member Gary Lauder who sponsored the company at the Band back in 2006, where it raised over $300K.