Full-Time

Director of Business Development

Posted on 9/16/2024

Memfault

Memfault

51-200 employees

Firmware management and monitoring solutions

Data & Analytics
Enterprise Software

Compensation Overview

$150k - $200kAnnually

Senior, Expert

Boston, MA, USA

Hybrid position with onsite presence required in downtown Boston.

Category
Business Development
Business & Strategy
Required Skills
Salesforce
Data Analysis
Requirements
  • A passion for developing talent and coaching a team to success
  • Experience working at a Series C or earlier stage SaaS startup
  • Strong communication and collaboration skills
  • 3+ years as a business development leader building high performing teams of 10+ BDRs
  • Experience pursuing engineering and product personas
  • Proven experience of running a great hiring and people development process
  • Expertise in a modern sales stack (Salesforce, Outreach, Gong and more)
  • Proven ability to develop and experiment with successful outbound prospecting strategies
  • Solid understanding of sales processes working with mid-market and enterprise sales teams
  • Ability to connect the dots through data across the GTM funnel
  • You have actively worked to learn, research and advocate on outbound sales strategies
  • While this is a leadership role, you have ‘walked the walk’ as an IC generating demand
  • Bachelor's degree
Responsibilities
  • Recruit, lead and develop a team of BDRs, applying best practices for maximum results
  • Lead defining the process, playbooks, career paths and appropriate measurements for BDRs
  • Develop a highly-scalable yet personal outbound outreach strategy to reach prospects
  • Work with Sales Managers and Account Executives towards pipeline generation goals
  • Actively coach and develop the team to help them consistently achieve their goals
  • Use data to measure, manage, and optimize efforts and the use of resources
  • Inspire motivation, commitment and focus in pursuit of ambitious individual and team-level targets
  • Track and achieve weekly monthly, quarterly, and annual targets
  • Be a leader in our Boston office building a high energy environment where people love coming to work by embodying our company’s values of kindness, community and gratitude.

Memfault offers solutions for managing and monitoring firmware in embedded systems, such as microcontrollers and Android devices. Their platform provides tools for over-the-air (OTA) updates, release management, and real-time monitoring, allowing developers to quickly identify and fix firmware issues. Operating on a subscription-based model, Memfault also provides an open-source Software Development Kit (SDK) for easy integration. The company's goal is to simplify the maintenance and updating of embedded devices for developers and companies.

Company Stage

Series B

Total Funding

$34.2M

Headquarters

San Francisco, California

Founded

2018

Growth & Insights
Headcount

6 month growth

-11%

1 year growth

-9%

2 year growth

81%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for remote diagnostics boosts Memfault's platform growth potential.
  • The rise of edge computing aligns with Memfault's efficient firmware management solutions.
  • 5G network expansion increases the need for Memfault's reliable firmware management.

What critics are saying

  • Increased competition in the IoT market could pressure Memfault's market share.
  • Rapid technological advancements may require continuous innovation, straining resources.
  • Potential security vulnerabilities in the open-source SDK could expose clients to risks.

What makes Memfault unique

  • Memfault offers a versatile platform for OTA updates and real-time monitoring.
  • Their open-source SDK supports a wide range of devices and operating systems.
  • Memfault engages with the developer community through its Interrupt Blog and webinars.

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