Announcement

Money

Articles in the "Money" category primarily relate to a funding announcement of some sort, typically from an institutional investor such as a venture capital firm, or from a family office, an angel investor, or any combination of private investors. These stories focus mainly on the funding details (who, when, how much, what it will be used for, etc.)

Money

Articles in the "Money" category primarily relate to a funding announcement of some sort, typically from an institutional investor such as a venture capital firm, or from a family office, an angel investor, or any combination of private investors. These stories focus mainly on the funding details (who, when, how much, what it will be used for, etc.)

Money   -   Mar 14, 2021 Alianza Acquires CounterPath at Roughly $25.6 Million
Alianza Acquires CounterPath at Roughly $25.6 Million

On March 1st Alianza, Inc. of Pleasant Grove, Utah announced its acquisition of CounterPath Corporation. The price was not disclosed, but according to CounterPath’s market cap at the time of acquisition, TechBuzz estimates that Alianza paid at least $25.6 million. With Alianza’s B2B cloud communications infrastructure and

Money   -   Mar 01, 2021 TaxBit Raises $100 Million Series A, Largest in UT History
TaxBit Raises $100 Million Series A, Largest in UT History

TaxBit, the Draper Utah-based makers of cryptocurrency tax and accounting automation software, have announced their $100 Million Series A funding. The round is co-led by Tiger Global, based in New York City, and Paradigm, based in San Francisco. The list of investors joining the round make up a who’s

DeepSee.ai Raises $22.6M Series A
Money   -   Mar 15, 2021 DeepSee.ai Raises $22.6M Series A

DeepSee.ai, a Salt Lake City startup focused on producing business intelligence from existing client data, announced March 15th it has raised $22.6 million in series A funding. The round is led by ForgePoint Capital in San Mateo California, along with previous investors AllegisCyber Capital from San Francisco and

by Austin Craig
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Money   -   Mar 15, 2021 DeepSee.ai Raises $22.6M Series A
DeepSee.ai Raises $22.6M Series A

DeepSee.ai, a Salt Lake City startup focused on producing business intelligence from existing client data, announced March 15th it has raised $22.6 million in series A funding. The round is led by ForgePoint Capital in San Mateo California, along with previous investors AllegisCyber Capital from San Francisco and

by Austin Craig
Money   -   Mar 14, 2021 Alianza Acquires CounterPath at Roughly $25.6 Million
Alianza Acquires CounterPath at Roughly $25.6 Million

On March 1st Alianza, Inc. of Pleasant Grove, Utah announced its acquisition of CounterPath Corporation. The price was not disclosed, but according to CounterPath’s market cap at the time of acquisition, TechBuzz estimates that Alianza paid at least $25.6 million. With Alianza’s B2B cloud communications infrastructure and

by Allison Korth
Money   -   Mar 01, 2021 TaxBit Raises $100 Million Series A, Largest in UT History
TaxBit Raises $100 Million Series A, Largest in UT History

TaxBit, the Draper Utah-based makers of cryptocurrency tax and accounting automation software, have announced their $100 Million Series A funding. The round is co-led by Tiger Global, based in New York City, and Paradigm, based in San Francisco. The list of investors joining the round make up a who’s

by Austin Craig
Money   -   Feb 28, 2021 West Tenth, Marketplace for Home-Based Businesses, Raises $1.5M Seed
West Tenth, Marketplace for Home-Based Businesses, Raises $1.5M Seed

West Tenth, the marketplace for home-based businesses, announced today it's successfully raised a seed round of $1.5 million. The funding is led by Better Ventures in the San Francisco Bay Area, along with Stand Together Ventures Lab, Kapital Partners, Backstage Capital, Wedbush Ventures, and Gaingels. West Tenth

by Austin Craig
Money   -   Feb 25, 2021 With Focus on Deep Tech, PassiveLogic Reinvents Building Control
With Focus on Deep Tech, PassiveLogic Reinvents Building Control

“If investors were innovators, they’d be founders, not investors.” It’s a potentially controversial take from Troy Harvey, cofounder of PassiveLogic. In fairness, he’s spent a lot of time in front of investors.  “When we first started, we went to [the hub of investors in the San Francisco

by Austin Craig
Money   -   Feb 24, 2021 foreUP Acquired by Clubessential Holdings
foreUP Acquired by Clubessential Holdings

foreUP, the management and marketing system for the golf industry, has been acquired by Clubessential Holdings, a Battery Ventures Company. Based in Pleasant Grove Utah, foreUP was founded in 2011 by Evan Teshima (CEO), Joel Hopkins, and Joel Ragar. The startup took only two small rounds of investment. Till now,

by Austin Craig
Money   -   Feb 15, 2021 Owlet Goes Public Via SPAC, Valued Over $1 Billion
Owlet Goes Public Via SPAC, Valued Over $1 Billion

Owlet Baby Care based in Lehi Utah announced today it will be joining Sandbridge Acquisition Corporation, a Special Purpose Acquisition Corporation (SPAC) in a merger meant to take Owlet public on the New York Stock Exchange. The new ticker symbol is expected to be “OWLT”. The projected valuation after the

by Austin Craig
Money   -   Feb 11, 2021 Epic Ventures Exits Volta Industries through SPAC
Epic Ventures Exits Volta Industries through SPAC

This week Epic Ventures, a VC firm in Salt Lake City, closed its 2013 investment of Volta Industries through a purchase of Volta by Tortoise Acquisition Corp. II, a Special Purpose Acquisition Company (SPAC). SPACs are an increasingly popular way to acquire, merge, purchase, or take a company public. SPAC

by Mark Tullis
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