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Data Hardware

By John Ewoldt, Star Tribune

“When scientists last September heard and recorded the sound of two black holes colliding a billion light-years away, they did it with a high-performance cluster of computers designed and built by Nor-Tech, a Burnsville firm that is a relative newcomer in the supercomputing industry.”

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Startups

Redpath3[Update 2/11/15 @8:45pm – multiple sources have confirmed that Parker Hannifin’s investment into Exosite Q3 was $38.5m]

A strong fourth quarter pushed 2015’s cumulative funding levels in Minnesota’s technology industry to a new high.

For five years counting, we’ve been following the paper trail to bring clarity around the investment climate here.  This annual review underwritten by RedPath and Company serves as proxy for local funding activity, including: crowdfunding, accelerators, angel investments, venture capital, corporate strategic, and private/growth equity.

Overall we counted 104 unique companies that raised a combined ~$350  388 million dollars in 2015, making it the largest amount in a single year — ever.

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More TECHdotMN News

Capella Forms Venture With CareerBuilder & Divests Arden University
February 11, 2016 | sourced

Seven Presenters Announced For MinneDemo 22
February 11, 2016 | by Jeff Pesek

FanMagnet’s New Marketing Platform Connects Sports Teams With Their Biggest Fans
February 10, 2016 | by Jeff Pesek

Local Edutech Startup Bootstraps To 1,000 Paying Customers
February 10, 2016 | by Jeff Pesek

Adventium Sees $2.2m From DHS For Med Device Security
February 10, 2016 | sourced

The City Of St. Paul Deploys Parking Meter App
February 9, 2016 | sourced

Minnesota Tech Map 2.0 Is Live
February 9, 2016 | by The TECHdotMN Team

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