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U of M Researchers Form New SportsTech Startup Dexalytics

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screen-shot-2017-01-09-at-11-37-20-amCan two University of Minnesota researchers crack the code of startup success?

Tyler Bosch & Don Dengel of Dexalytics are developing a proprietary system that scores lean muscle, fat, and bone density to determine the correlation between an athlete’s body composition and their performance.

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Code42 Pulls New SVP From Salesforce

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screen-shot-2017-01-04-at-11-28-48-amVia News Release

“MINNEAPOLIS ­ Jan. 4, 2017 ­ Code42, the leader in endpoint data protection and recovery, announced that Mike Robbins, former senior vice president of North America commercial business for Salesforce, has joined the company as senior vice president of worldwide sales. Robbins brings his unique experience working with large Fortune 500 companies, such as Salesforce and IBM, as well as startups, including cogniti, Forensic ID and Mezzia.”

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Ovative/Group Plots North Loop HQ Relocation For 100+ Hires

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By Jon Collins, MPRnews

“A Minneapolis digital marketing and analytics firm is planning a multi-million dollar expansion that could create an estimated 100 new jobs within the next few years.

Ovative/group focuses on measuring the impact of digital marketing on both online and offline purchases, said Greg Engen, senior vice president of business development.”

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Dallas-Based Stream Data Centers To Develop $250m Chaska Site For U.S. Bank

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screen-shot-2016-12-21-at-9-39-42-amBy Matt Johnson, Finance and Commerce

“Minneapolis-based U.S. Bank will start building a $250 million data center in Chaska this spring to add information storage to the bank’s computer network.

The bank, whose parent company’s assets exceed $450 billion, will get at least $835,000 in grants and abatements from the state of Minnesota and Chaska to pay for the center. Officials say the public aid was worth keeping the project from going to another state.”

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How MinneAnalytics Reinvests Into The Local Tech Community

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screen-shot-2016-12-15-at-11-01-28-amVia News Release

MinneAnalytics is proud to to announce the recipients of two scholarships created for Minnesota’s next generation of data scientists and analytics professionals. The 2016 Scholars for Big Data, Analytics and Data Science are Bailey Perry of University of Minnesota, Twin Cities, and Daniel Peters of University of Minnesota, Duluth.”

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Sportradar Opens Up Data For Startups

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Via News Release

“Minneapolis – Sportradar, the leading provider of sports data services globally, announced today the introduction of Acceleradar — the industry’s first free data program to support early stage startups.

Eligible participants will be granted free data access, up to one year, via Sportradar’s industry leading API. Sportradar covers 48 sports and 400,000 events per year.”

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Medtronic Joins Patient Safety Movement, Will Open Data For Entrepreneurs

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Via News Release

screen-shot-2016-11-04-at-12-26-33-pm“IRVINE, Calif.– The Patient Safety Movement Foundation (PSMF) today announced that Medtronic, a leading global healthcare solutions company, has joined a growing list of healthcare technology companies that have signed the Patient Safety Movement’s public pledge to share their data to promote patient safety. In addition, Medtronic committed $5 Million to the PSMF over a five-year period, and Medtronic’s CEO, Omar Ishrak, will join Patient Safety Movement’s Board of Directors.”

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SmartBase Solutions CEO Kris Lynch on the Group 3 Acquisition

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screen-shot-2016-10-26-at-8-51-03-amWelcome our new M&A writer Arnav Joshi, who prepared these questions for SmartBase Solutions CEO Kris Lynch after SmartBase Solutions bought Group 3 Marketing earlier this month.

Thanks to Franklin Partners for underwriting our M&A section!

Do you expect to use this acquisition to primarily develop and introduce new offerings or to bolster existing capabilities?

The combination of the two companies will accomplish both strategies. We expanded our capabilities by obtaining some top-notch technical and marketing talent to complement our incumbent staff. Group 3 has deep expertise in developing customer
loyalty and brand loyalty programs that are data-driven, creating additional opportunities within our marketing services.

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Code42 Opens Tech Office In Colorado

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Via News Release

“BROOMFIELD, Colo.–(BUSINESS WIRE)–Code42, the leader in endpoint data security and recovery, today announced the opening of a new office in Broomfield, Colorado, to tap into the Denver area’s growing reputation as a technology hub and center for a highly skilled workforce. The goal of the new office is to hire the best talent and continue the company’s quest to deliver ongoing innovation to its rapidly growing list of enterprise customers.”

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