TECHdotMN: News about Minnesota Startups

Via News Release

“Cologix, a network neutral interconnection and colocation company, announced today, the acquisition of Minnesota’s premier network neutral interconnection and colocation provider, The Minnesota Gateway, located in the carrier hotel at 511 11th Avenue South in Minneapolis.

The acquisition adds the leading position in Minneapolis, the 16th largest metro market in the United States, to the Cologix platform. The Minnesota Gateway operates the meet-me-room in the 511 building with 70 networks presented and is universally regarded as the place to colocate and connect in the region.”

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Waconia startup AsystMe has inched over the half million dollar fundraising milestone to $517k in capitalization after the latest close, says CEO Joel Nash.

Nash is a seasoned entrepreneur who has been consistently raising capital from angel investors in Minnesota and his home state of North Dakota as part of a $500k target round that began early last year.

AsystMe, which is still in development stage, is “on a mission to simplify people’s lives by eliminating data overload and improving their personal productivity through the use of proactive automated personal assistants.”  It’s a consumer play that leverages Nash’s previous experience starting and running As One Technologies (now Savigent) for 15 years, a software firm that also dealt with automation in manufacturing.

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By Chris Newmarker, Finance and Commerce

“MINNEAPOLIS, MN — In vetoing the Republican-controlled Legislature’s property tax bill, Gov. Mark Dayton ended up rejecting many other measures supported by the economic development community.

An angel tax credit extension, a sales tax break on business equipment purchases and expanded tax breaks for new data centers were among the casualties.”

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