What the heck is going on at Quanttus, the best-funded wearable device startup in town? The company has raised $22 million in venture capital, but after saying that it would unveil its product — a wristband that can monitor your blood pressure — in April, nothing happened.
Now, former employees say there has been a new round of layoffs and resignations. The chief executive, Shahid Azim, is also out, but a new CEO hasn’t yet been named.
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