Category: Business Growth
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Investors Pour Money Into Next Glass, K4Connect, SC Dept of Unemployment Chat Bot, BestFit, CureMint, + Interloop on Wild Pitch Wednesday!
NOTES FROM THE GAROFFICE Ready for the rebound? Good. Then buckle up. This week we’re sharing more joyful news – Next Glass is more than half full as the Wilmington, NC-based company raised an undisclosed round from Providence Strategic Growth. We also have stories about K4Connect, an AI-powered bot you can chat up at the SC…
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From Raleigh RIoT Goes Global
Guest post submitted by Raleigh-based economic development organization RIoT Many involved with tech and entrepreneurship in the South are aware of RIoT, an economic development organization headquartered in Raleigh that helps startups and companies utilize data and capture Internet of Things (IoT) opportunities. RIoT has taken both the tech and startup world by storm, expanding…
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Ready for the Rebound: Read About Blockchain and Immunization Passports, Climate Service, Cloosiv, Aledade, GuestBox and Interloop on Wild Pitch!
Garage … Office … Garoffice. There. I’ve coined it and that’s where I’m writing to you from, DIG NATION. So our world is upside down and we need to consider every angle on every possible solution to stop this descent into the maelstrom (yes, that’s an Edgar Allan Poe reference. He once lived large in our hometown…
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Of Note Releases Podcast Mini-Series: “Power of Vulnerability”
In a special mini-series from “Of Note”, appropriately dubbed “The Power of Vulnerability,” season one innovators are asked how the COVID-19 pandemic is affecting their personal, professional, and business lives. Listeners will learn how these South Carolina leaders are staying productive, optimistic and effective during this historic time of disruption. In the first episode, Jon-Michial…
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ZVerse Plans to Produce 20 Million Face Shields
A 20-person digital manufacturing company has overhauled its business model to become one of the largest producers of reusable face shields in the U.S. ZVerse is currently producing about 100,000 shields per day. ZVerse Founder and CEO John Carrington projects the company will produce 20 million shields by July. After hearing from local hospitals, Carrington sprung…
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Regulr Guests on Wild Pitch Wed, Airstream Startup Pivots to First Responders, Atlatl, LocatorX, Powerhome, AcreTrader, Oracle Webinar
Healthcare practitioners are being encouraged, if they can, not to stay under the same roof as their families. Family medicine physician Eric Berryman is working shifts in Ocala emergency rooms and commuting back to the bay area. Two years ago, his mother-in-law found GuestWings, booked it during a family visit here and loved it. The…
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Wild Pitch Wed, Blackbaud Announces COVID Support, Groups360 in NSV, Airbrake in ATX, Teamworks in DRH, EternaTear in RAL
Blackbaud Announces New Measures to Support Customers and Global Community in Response to Pandemic DIG SOUTH Tech Summit sponsor Blackbaud is seeing the needs and impact of COVID-19 manifest in many ways for its customers depending on the organization type. Many private K–12 schools across the U.S. are using Blackbaud’s cloud solutions to swiftly move classes…
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AlertMedia Raises $15M, NextPlay in Durham, CallRail in ATL, Bandwidth in Raleigh, TrueBridge in Chapel Hill + Stage 2 Capital on SOUTH POD
To state the obvious, the world is much more complicated than it was a month ago. Austin-based emergency communications startup AlertMedia sees itself as a critical component to helping businesses keep their employees safe and informed. The company announced it has raised $15 million in new Series C funding to hire about 20 new employees to…
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OurStreets Crowdsources Supplies, WeWork, Liger, Pendo, BioMedomis, Stage2Capital on SOUTH POD, King + Columbus Crisis Webinar
OurStreets, a D.C.-born app that crowdsources road safety and micromobility complaints, has launched a new feature aimed at curbing grocery store panic shopping amid the ongoing coronavirus crisis. OurStreets lets users report which grocery and convenience stores are stocked with essential items. Users can also report whether they were able to practice social distancing at…
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RioT Announces MISSION-R, LaunchTN in NASH, Plant Health Care in RAL, CData Software in Chapel Hill, Earth Renewable Technology in Brevard
RioT Announces MISSION-R: RIoT’s Moonshot Goal Response to COVID-19 Raleigh, NC-based non-profit accelerator, lab and startup ecosystem supporter RIoT is launching MISSION-R on April 2 at 1pm EST via webinar. RIoT will host experts in the medtech and economic development space to share how they’re fighting for both our health and our economy. According to RIoT’s website, “The…
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Overline Announces $17.5M, Aperiomics, Neighbor, Validic, TeleHealth, & Theorem on SOUTH POD
New Atlanta-Based VC Fund Overline Announces Closing $17.5M of $25M Fund, Wants To Propel Startups To Success With coronavirus news currently roiling financial markets, some might guess that recently launched venture capital funds would hold off on whatever they were planning a few months ago. But that’s not what Michael Cohn and Sean O’Brien, founder-operators of…
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Everlywell’s Race to Launch Covid-19 Test, Calendly Offers Free Zoom and GoToMeeting, SkillPop, Vertical IQ, Gopher Go, & Crowdsourcing DIG NATION
Calendly to Offer Free Zoom and GoToMeeting Integrations Through June to Help Remote Workers As the tech community continues to reel from the effects of social distancing due to the coronavirus pandemic, Atlanta-based meeting scheduling software company Calendly will offer integrations with Zoom and GoToMeeting free of charge through June 30th. The company made the…
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DIG SOUTH in July, The Q, Case Status Raises $1.5M, Pendo, Bakkt, CloudOne, Favor
Birmingham-based LegalTech Startup Case Status Lands Second Round from BIP Capital Case Status, a client relationship management and marketing platform for law firms, announced it has received Series Seed II investment funding of $1.5 million from venture investment firm BIP Capital. The funds will be used to support the company’s continued rapid growth, including the addition of…
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DIG SOUTH Rescheduled, Overhaul Hauls in $17.5M, RTP’s Get Spiffy, Raleigh’s Corevisit, Charleston’s Deal Alliance, ATL’s Endeavor
Overhaul Group Inc. nabbed a $17.5 million funding round led by New Jersey-based investment firm Edison Partners, the cargo-shipping software company announced. Existing investor Abbey International Finance Group in Dublin, Ireland, also participated. Broadly, the company plans to use the capital infusion to expand its markets and products, according to the announcement. Overhaul plans to…
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NVL’s axialHealthcare, ATX’s Acadeum, CHS’s Benefitfocus, ATL’s Package Solutions, Venture Atlanta on South Pod
????NASHVILLE – Recovery ecosystem. axialHealthcare, a Nashville-based healthcare optimization company dedicated to navigating substance abuse issues for patients and healthcare providers, has announced the closing of a $15 million Series C equity financing round. The company will use the funding to jumpstart its expansion into the substance use disorder (SUD) treatment and recovery spaces. Learn more.…
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Blinktbi of Charleston Pinpoints Concussions, Tampa’s Molekule, ATL’s BoxLock, Blueprint Title in NSV, Austin’s Eventus Systems, Venture Atlanta on South Pod
A startup that grew out of research at the Medical University of South Carolina and The Citadel has hit the market and closed on a new round of funding. Blinktbi Inc.’s technology is now being sold to schools and athletic programs to help them diagnose concussions, a condition that has been hard to measure in…
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BeerAdvocate Purchased by Untappd, ATL’s Create-X, Visualize Health in NSV, Durham’s Sift Media, Self Financial of Austin, and Theorem on South Pod
Despite its explosion in popularity, craft beer is still a relatively small and tight-knit community. A generation ago when the number of breweries was a fraction of what it is today, the community was even smaller and more tight-knit. But even in those days, obsessive drinkers often fell into one of two camps: BeerAdvocate users and RateBeer…
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ToucanAI Raises Capital, Launches on Shopify Platform, CLT’s Source Technologies, Austin’s Verify, COAST of Tampa Bay, Great Dwellings of DC
Atlanta-based Toucan AI – started by North Carolina natives and Duke grads Arjun Devarajan and Vishnu Menon – has raised an undisclosed sum from MTT Ventures, Silicon Road, Seraph Group and a syndicate of angel investors. Toucan AI said it will use the funds to support its growth on the Shopify App store, an online selling platform that enable…
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Austin’s Digital Turbine Acquires Mobile Posse for $66M, Terminus (ATL), CompostNow (RAL), Enveil (DC), Durham’s Aerie, Fattmerchant on South Pod
Austin-based mobile apps and ads platform company Digital Turbine announced it has scooped up mobile ad platform Mobile Posse for near $66 million. “The strategic rationale for the acquisition is very strong,” Mobile Posse CEO Jon Jackson said in a statement. “We believe that Mobile Posse’s content discovery platform and Digital Turbine’s distribution and relationships combine to…
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Palmetto Clean Pulls in New Financing, AppHarvest of Kentucky, Durham’s Restor3D, ATL’s ARPR, RTP’s TransEnterix, plus Fattmerchant on South Pod
One of Charleston’s most mature startup companies closed another round of funding in early 2020 and marked its 10-year anniversary. Palmetto Clean Technology Inc. is one of the biggest tenants at the upper peninsula’s Pacific Box & Crate development. Last year, it attracted new capital, completed a nationwide expansion of its business and grew its…
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Wild Pitch Deadline Feb 21, Charlotte-based Hylaine Sets Up Shop in Raleigh, Exponential AI (ATL), Carbon Relay (DC), Carolinas Fintech Ventures (CLT), Pattern Bioscience (ATX), Mr. B on South Pod
Another startup wants to call the Oak City home. Hylaine, a technology consulting firm headquartered in Charlotte, announced the opening of its new office in Raleigh. By the end of 2020, it said it expects the Raleigh office to have 15 to 20 employees. “Our motto at Hylaine is ‘solving technology, together.’ So we’re trying…
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DIG NATION | New Member Spotlight: FK Funderburke, VP, Theorem
From whiteboarding new concepts to long-term support, Theorem works with startups and large multi-national enterprises to develop new applications, software, services and platforms. Visit theorem.com to catch a glimpse into how they build, including their processes, team capabilities and what they do in each phase of a project to achieve the best results and deliver Full Stack Innovation™. Meet the…
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DIG NATION Member Theorem Q&A, ATL’s The Beans, Venture X in Raleigh, NSV’s Capital Confirmations, Austin’s Upland Software + new South Pod
From whiteboarding new concepts to long-term support, Theorem works with startups and large multi-national enterprises to develop new applications, software, services and platforms. Visit theorem.com to catch a glimpse into how they build, including their processes, team capabilities and what they do in each phase of a project to achieve the best results and deliver Full Stack Innovation™. Meet the…
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Policygenius Raises $100M to Ramp up Durham, Nola’s Advano, Lienwavers.io from NSV, Peerit of Tampa Bay and ATL’s WeWork Labs
“Join Durham’s fastest growing startup,” reads the billboard along 15-501 in big, bold red font. Ever since Policygenius, an insuretech startup based out of New York, announced plans late last year to expand into the Bull City – ultimately bringing 370 new jobs with an average starting salary of $72,000 — it’s been desperate to get…