Category: Business Growth
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Scribble Toolkit for Innovation, K4Connect (RAL), Solomon + Google for Startups (ATL), Blueprint (NSV), Locale (ATX) + Brian Gillespie on South Pod
The S.C. Department of Commerce invites you to Toolkit Talk, a three-day series of events celebrating innovative leaders as featured on Scribble, South Carolina’s content toolkit for the pursuit of innovation. The events are free to the public, but space is limited. RSVP to the location near you. COLUMBIA: February 4, 5:30pm-7:30pm @ SOCO BullstreetGREENVILLE: February…
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Atlanta’s Fanaticus XR Uses VR and Projection Mapping, Vapor IO in ATX, Sysdig in RAL, Shawn Jenkins in Charleston, CloudWyze in Wilmington, Gillespie on South Pod
Atlanta-based VR company Fanaticus XR is built upon fandom, not just technology. Fanaticus XR’s first experience is the Flying Broom VR Simulator, which co-founder Ernesto Escobar says can transport users “anywhere” at a high degree of immersion. “You can give them powers, make them feel like they’re anyone and can do anything. It’s really creating…
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MyWorkChoice Raises $3M, Vaynerchuk in Charlotte, Ceterus in CHS, Hytch in Nashville, OnPay in ATL
The future is flexible. At least as far as MyWorkChoice sees it. The North Carolina-based startup is working to redefine “flexible staffing” by offering a platform and app that essentially takes care of all the hassle with scheduling to create “seamless shift transitions.” And it’s gaining traction. The company announced that it closed on its first…
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Comcast NBCU Launches Atlanta-Based SportsTech Accelerator, FlashParking, WhyHotel, Florida Funders, SouthPod featuring Comcast VP Horwitz
Comcast NBCU announced the launch of SportsTech, a three-month global accelerator for multi-stage sports technology startups that will be based in Atlanta. The accelerator features what Comcast NBCU calls an “unprecedented partnership” between three of the broadcast giant’s sports brands – NBC Sports, Sky Sports and Golf Channel, as well as NASCAR and a pair…
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Raleigh-based MobileSmith Lands App Partnership with AT&T + AvidXchange (CLT), Sense Photonics (DUR), TOTO/GR PRO (ATL), Blackbaud (CHS)
MobileSmith, a developer of apps aiming to improve healthcare, is getting a chance to grow nationally through a partnership with AT&T. The companies announced they would include MobileSmith’s health platform known as Peri as part of AT&T’s Edge-to-Edge Digital Hospital Solutions. MobileSmith (OTCBB: MOST) says its apps are designed to help better prepare patients for…
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VentureSouth’s Record-Breaking Year + TeleVet (Austin) + eNotaryLog (Tampa), Revibe Connect (RAL), OncoLens (ATL)
VentureSouth announced another year of record-setting investment activity. The South Carolina-based firm invested $12.7 million in 28 Southeastern early-stage companies in 2019, up from $7 million the previous year, representing an 82% increase in capital deployed. The firm also broke a record for new investments, with 10 companies added to the VentureSouth portfolio in 2019…
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Levelset Lands $30M, Arjun Devarajan on SOUTH POD + Tech Jobs (ATL), Sense Photonics (Durham), Shipwell (ATX), Arcadia (DC)
New Orleans Startup Levelset Lands $30M Series C Funding Round to Jumpstart Growth Levelset, a New Orleans-based SaaS platform that helps relieve cash flow issues for contractors by getting them paid more quickly, has announced a $30 million Series C round of funding led by Horizons Ventures. S3 Ventures, Altos Ventures, Operating Venture Capital, as…
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Tech in the South: PlayOn! Sports (ATL) Raises $25M + Ecobot (ASV), Clutch (DUR), Givful (NSV), REIN (Chapel Hill)
???? ATLANTA – Student athletes. PlayOn! Sports, an Atlanta-based company that streams live and on-demand high school sporting events across the U.S., has announced that it has raised $25 million in a Series B funding round led by venture investment firm BIP Capital, with participation from Jeff Vinik, Teall Capital, and Crossover. The company plans to use the capital…
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500 Startups Grad SYNAPSEMX Takes Flight + Aniluxx (RAL), NeuroTronik (DUR), Osano (ATX), Lasso (CHAS)
Who loves flight delays? Nobody, that’s who – including the airline! Aircraft maintenance costs major U.S. airlines billions every year. Every time there’s a maintenance delay (and a lot of grumpy passengers), the airline feels the impact immediately on its bottom line. Currently, most airlines use legacy technology to track and manage maintenance without real-time…
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Terminus Acquires Sigstr, Civic Dinners on South Pod + Tribecan (Wilmington), Cloud Guru (ATX), Record Job (CLT), Octerra (NVL), Microsoft (Morrisville)
Account-based marketing platform Terminus has acquired Sigstr, the email signature marketing platform that turns the billions of 1:1 employee emails sent every year into powerful brand engagements. The addition of Sigstr creates an end-to-end account-centric marketing platform with the most complete account intelligence (based on intent, engagement, and relationship data) available. The acquisition connects two…
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Tech in the South: Creative Bootcamp Kinetic Launches (Winston-Salem) + Alex Gonzalez on South Pod, Ecobot (Asheville), Brava (Austin), Makeswift (ATL)
Is it time to turn your creative idea into a business? Winston-Salem-based Center for Creative Economy announced the launch of Kinetic, a bootcamp designed for creatives and artists who are ready to launch a business. Creatives will learn how to: Validate your creative idea Develop a business model Identify who your customers are and start talking to them Build a…
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Call for Startups to Join DIG SOUTH Wild Pitch Open + Pensa (Austin), Motivo (ATL), Allstacks (RAL), CloudFactory (DUR)
Hitting the fundraising trail in 2020? Your best opportunity may be at the South’s Capitol of Capital on April 24. The call for startups to join Wild Pitch at DIG SOUTH Tech Summit in Charleston is now open! Connect with more than 200 top-shelf investors, 2200+ attendees and get deals done. Selected teams will receive 2 all-access badges (plus…
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Tech in the South: Meetup w/ Former Head of Uber Biz Dev, Nashville Startup Predicts Personalities + Climate Service (AVL), CloudFactory (Durham), Popmenu (ATL), Base (GVL)
Jonathan DiOrio is a big deal. And we’re hosting him this Thursday at Blue Ion in Charleston. It’s our last DIG NATION Executive Member event of 2019 – you should be there too. Learn to scale a company like mad, join a live taping of South Pod and enjoy tasty bites and adult beverages. This is just one of the…
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OjO Electric Announces Acquisition of Charleston-Based E-Mobility Company, Gotcha
Oxnard, California and Vancouver, British Columbia – November 19, 2019 – OjO Electric Corp. (the “Company” or “OjO”) (TSXV: OJO; OTC: AZNVF) is pleased to announce that it has entered into a binding letter of intent (the “LOI”) with Gotcha Mobility, LLC (“Gotcha”) pursuant to which OjO will acquire 100% of the equity of Gotcha (the “Acquisition”) in a transformational combination…
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Tech in the South: Gotcha (CHS) Acquired by OjO (CA) + Champ Bailey, Spreedly (Durham), Givful (Nashville), Popmenu (ATL), BrewBike (Austin)
Charleston firm Gotcha, who has staked its ground on partnering with colleges and cities to rent electric bikes and scooters, says it is being acquired by Oxnard, Calif.-based ride-sharing company OjO Electric in a deal valued at $12 million, including stock. Gotcha CEO Sean Flood said the fact that OjO is publicly traded appealed to him.…
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Tech in the South: eSports Giant Epic Games (Durham) Acquires Quixel to Increase 3D Realism + Benefitfocus (CHS), Spiffy (RAL-DUR), Transitiv (ATL), DEVCON (Memphis)
North Carolina-based eSports behemoth Epic Games, best known for its wildly popular game Fortnite as well as the global game development platform Unreal Engine, has announced its acquisition of the Swedish startup Quixel. The move is designed to improve the three-dimensional photorealism of Epic Games’ graphics. Quixel is renowned for its creation of Megascans, one of the world’s…
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Tech in the South: ATL Bootstrapped Startup LeaseQuery Raises $40M Series A + Broadcom MASTERS (DC), Beachy (Nashville), SXSW Pitch (Austin), Klearly (Durham)
Lease accounting startup LeaseQuery has raised a $40 million Series A funding round through Goldman Sachs’ Merchant Banking Division. The Atlanta company is pursuing outside capital for the first time after remaining bootstrapped since it was founded in 2011. “We are now at a stage where the demand for our software is accelerating and this…
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Tech in the South: Rise of the Rest (DC) Closes $150M Fund + Ribbon (Charlotte), Backed by ATL, Silbo (Raleigh), Digital Echo (CHS)
Revolution announced Monday that its Rise of the Rest Seed Fund has raised another $150 million in financing to back startups in emerging U.S. markets. Rise of the Rest counts some of the country’s most well-known executives and entrepreneurs among its investors. The list includes Amazon CEO Jeff Bezos, Dan Gilbert of Quicken Loans, the…
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Accelerate R2 Network Challenge
(WASHINGTON, DC) Three U.S. Department of Commerce agencies have launched a first-of-its-kind interagency challenge focused on accelerating innovations for disaster response and resilience technology. The Economic Development Administration (EDA), in collaboration with the National Institute of Standards and Technology (NIST) and the First Responder Network Authority (FirstNet Authority), today announced the Accelerate R2 Network Challenge. The program is a $1 million grant…
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Tech in the South: Revel Launches 1000 Mopeds in Austin + Engage Talent Acquired (CHS), Talented (Durham), PureSurgery (Charlotte), Viibrant (Carrboro)
???? AUSTIN – Mobilizing. Who doesn’t love the quiet buzz of an electric motor as you wind your way down a hip city street? Mopeds have been part of Austin traffic for years, but a new fleet of shared electric mopeds is about to hit city streets and make the mode of transpo a lot more visible. New York-based shared electric…
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Tech in the South: Wilmington Unicorn nCino Goes Big in Japan + Tesla (ATL), PetScreening (CLT), Zello (Austin), Celero (Nashville)
nCino is going big in Japan, taking its cloud computing-based financial system into new territory by forming a subsidiary with Tokyo-based Japan Cloud. The deal to begin operations in Japan is the latest in a series of growth announcements from nCino, which closed on $80 million in new investment capital earlier this month and is…
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Tech in the South: Charleston-based Benefitfocus Announces InnovationPlace + Literati (Austin), SignalPath (Raleigh), 410 Medical (Durham), Boaz Bikes (ATL/Dallas)
Benefitfocus, Inc., a leading cloud-based consumer benefits platform and services provider, announced applications are open for the company’s next supplier cohort within InnovationPlace. InnovationPlace, the company’s program for potential partner startups, is designed to accelerate the availability of products or services of innovative companies who share the company’s goal to improve consumer well-being. “We are…
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Tech in the South: Raleigh Unicorn Pendo Raises $100M + Ekos (Charlotte), Verady (ATL), Blackbaud (CHS) & Leyline (Durham)
Cloud tech startup Pendo is officially a “unicorn,” hitting the rarified $1 billion valuation mark after securing $100 million in its most recent round of funding. It’s not entirely unexpected that Pendo is a unicorn, a term that dates to 2007 and is used to define a tech startup still privately held that reaches a valuation…
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Tech in the South: RigUp, Papa, WeWork, Cadre
???? AUSTIN – Exponential growth. RigUp, which has quietly built one of the fastest-growing and best-funded startups in Austin, announced a $300 million funding round — a move that puts the company in a relatively exclusive club of tech unicorns that are valued at over a billion dollars. While RigUp is largely known for success in the oil…
