Minneapolis Startup Launches High Tech Walking Workstation

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By Erica Rivera, Minnesota Business

Kari Severson wants to get people back on their feet — literally. The founder and CEO of Walkway, a service that aims to place free treadmill work stations in public spaces, is eager to launch the company that combines screen time with physical activity on March 2 in Minneapolis.”

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Group launched by Torii Hunter invests $1M in Minneapolis startup iMyne

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By Katharine Grayson, Minneapolis-St. Paul Business Journal

“Minneapolis affiliate-marketing startup iMyne Inc. has raised $1 million from investors, including members of a group launched by Minnesota Twins player Torii Hunter and wealth adviser Ed Butowsky.

IMyne lets consumers get rebates on online retail purchases and automatically donate a portion of the proceeds to charity. The company’s tool is free to consumers.”

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Virtual Reality Startup Visual Raises $50k & Heads To LAUNCH Festival

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VisualVRMinneapolis-based virtual reality startup Visual has received $50k in seed-stage capital from angel investors that include MakerBot cofounder Bre Pettis and videoblogging pioneer Steve Garfield.

Visual was cofounded by Chuck Olsen and Taylor Carik in response to constraints of the real world.  Together with CTO Chris Johnson from Dual Reality Games, their vision is to create the first “social media viewer” application.

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Sen. Franken Wins His Cause Celebre: Net Neutrality

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By Allison Sherry, Star Tribune

“WASHINGTON — Sen. Al Franken was elated Thursday when the Federal Communications Commission approved rules that ensure Internet providers treat all legal content equally.

“Last spring, I could not have predicted that we would be celebrating this victory today,” Franken said, on the Senate floor. “The best principles of our democracy have won out. It’s clear that the voices of the American people have been heard. I’ve often called net neutrality the free speech issue of our time.”

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Minneapolis Investor Confluence Capital Realizes First Exit

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Via News Release

“Today we [Confluence Capital Partners] are excited to announce our first acquisition from our portfolio. Upside is being acquired by Envestnet, a near $2B wealth management software company based in Chicago. Upside founders, Tom Kimberly and Juney Ham, will be joining the publicly-held Envestnet team as Senior VPs.”

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Avtex Acquires KRP Communications

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Via News Release

“MINNEAPOLIS — Avtex, a provider of integrated interaction solutions, announced today that they have acquired KRP Communications, a complete unified communications solutions provider. KRP specializes in solutions including all-in-one IP contact centers, enterprise IP PBX, and business process automation.”

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CoCo Expands Downtown Mpls Footprint With Startup Suites

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Via News Release

CoCo is introducing a new type of workspace at its downtown Minneapolis location.  Startup Suites are dedicated spaces that give startups and fast growing businesses a flexible alternative to conventional long-term office leasing. CoCo has 6 of these spaces of varying sizes, available starting April 1.”

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Marco Purchases Minneapolis IT Services Firm Solbrekk

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Via News Release

Marco, Inc., a leading technology services provider in the United States, announced that it has purchased Solbrekk, Inc., a business IT services company located in Minneapolis, Minnesota.

Solbrekk has been providing their clients with IT services including cloud computing, managed IT services and document management for over 11 years. Their employees have joined the Marco team.”

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Beta Byte: Cravi

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CraviBeta Byte is a series underwritten by Cushman & Wakefield/NorthMarq for that early stage tech found somewhere between idea and traction.

What is the name of the company and/or product? Where is it found online?

Cravi (pronounced like gravy) – http://www.cravi.com/

Cravi iPhone App URL: https://itunes.apple.com/us/app/cravi/id686296396?ls=1&mt=8

What problem does this solve? What was the “aha” moment?

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