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[Video] Minnebar – How To Recruit Like A Startup

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Paul DeBettigniesaka MN Headhunter — hosted a session at Minnebar last Saturday called “How To Recruit Like A Startup”.

Hiring is an ongoing concern for many local tech companies and there’s plenty room for improvement from the employer’s perspective when it comes to attracting and retaining technically skilled individuals.

The pain is so actute for some that they even turn to the government for assistance, while others are rising to the challenge, changing their approach, and seeing results.

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Minneapolis-Based Sensurion Raises $2m For Commercial UAS

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Sensurion-Logo_Aerospace-RGB-300x98Minneapolis unmaned aircraft systems (UAS) specialist Sensurion has rasied a $2m round of equity financing per this SEC disclosure.

“Sensurion provides a comprehensive offering of UAS technologies integral to its products as well as stand-alone systems. From military-grade datalinks, robust ground control systems, and field-tested — ruggedized unmanned aircraft, to intuitive graphical user interfaces and pilot-oriented mission control systems, Sensurion technologies put users and their missions as the first priority.”

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Reemo Joins Forces With Treehouse

Reemo-Treehouse-HealthMinneapolis startup Reemo (aka Playtabase) has joined forces with local health tech ‘innovation center’ TreeHouse Health, according to CEO Al Baker.

Baker had alluded to the development during his pitch at Minnebar’s Piranha Pool over the weekend, and subsequently confirmed the new relationship this week.

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[Video] The 2016 Minnebar Piranha Pool Startup Pitches

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At Minnebar on Saturday, local startup attorney Jeffrey Robbins hosted ‘Piranha Pool’ — a take on the popular TV show “Shark Tank.”

Three Minnesota tech startups — Thrivors, Reemo, and Lewk pitched investors David Dalvey, Dave Mao, Cathy Connett, and Steve London in front of a live audience

No deals were struck on the spot, Mao + Reemo made a deal in principal, although there’s still much that can happen between now and close. Overall, the experience is a candid observation of what it can be like to pitch an investor — for those seeking to learn.

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Multiple MN Tech Leaders Are 2016 EY Upper Midwest Entrepreneurs Of The Year Finalists

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Screen Shot 2016-04-22 at 6.14.06 AMTwenty-four individuals from the state of Minnesota were named Entrepreneurs of the Year finalists for the Upper Midwest by EY, recognizing those “Who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.”

Of those 24, five are Minnesota tech industry leaders:

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Minnesota Security Startup Secured2 Partners With Microsoft & Grows BOD

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Secured2 CorporationMinneapolis startup Secured2 has formed a partnership to incorporate new data security technology into Microsoft’s suite of products.

The first phase of the Secured2 solution for Microsoft will be a Q2 2016 app launch for Outlook — the email client with 60 million active users that send and receive 100 billion emails daily.

CEO Daren Klum says the the Secured2 security software will then extend beyond Outlook to Office 365 and ultimately OneDrive, potentially becoming an integrated part of the Windows OS if all goes as planned.   Their partnership consists of an API integration, cross marketing, and revenue sharing.

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Quarterly Funding Review: 33 Minnesota Tech Ventures Captured ~$46m in Q1 2016

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Redpath3At least 33 different Minnesota tech ventures received ~$46m of investment capital during the first quarter of the year according to information collected and analyzed from January 1 through March 31, 2016.

This dataset represents the most comprehensive ongoing tally of Minnesota’s tech sector funding quarter to quarter, year after year, for five years running.

It’s compiled from multiple sources as proxy of market activity, including: crowdfunding, incubators, angel investing, venture capital, corporate arm and private equity. Consider it a worse case scenario as there are always undisclosed transactions not fully factored, so the actual figures are higher, although unknown.

We give thanks to Redpath & Company for underwriting this report that provides transparency into the marketplace.  So, what happened in Q1 2016, coming off a big year for Minnesota tech?

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Bellacor Is Bouncing Back

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In 2001, the owners of St. Paul-based Creative Lighting decided to experiment by taking their 70 year old brick and mortar home furnishing showroom to the Internet under the brand name Bellacor.

It was a big gamble on the future of commerce at the time, and through some trial by fire over the years, their long story short is one of redemption under new CEO Brenda Boehler.

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St. Paul Startup Sense AI Measures Up With More Money & Milestones

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St. Paul startup Sense AI has raised another $366,000 in funding from existing investors, according to founder and CEO Ben Jordan.

Sense AI’s core algorithmic technology measures mobile state and system information for Android, iOS, and a host of embedded IoT devices.

As recent example in application, Sense AI’s algorithm has been rolled out within the weatherbug app on millions of devices globally to measure pressure and temperature. Strategic partner Earth Networks then uses this additional data to augment their weather and create specific predictive alerts for users.

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