BRIDGEdotMN hits the $50k milestone

by The TECHdotMN Team

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BRIDGEdotMN_logoBRIDGEdotMN has organically reached the $50k point for cash raised to support the increase of digital literacy among Minnesota youth.  The funding has provided 50
different Twin Cities residents aged 13 – 18 with computers, internet, and skills training.

This milestone marks the completion of an initial experimentation phase.

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Cirrus puts $1 million into new robotic equipment

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By Peter Passi, Duluth News Tribune

Cirrus Aircraft announced Monday that it has invested about $1 million in a new piece of robotic equipment at its Duluth production facility that will be used to help produce its new personal jet, the Vision SF50.

The investment in Duluth comes on the heels of a comparable capital expenditure in Grand Forks, N.D., where the company installed an autoclave earlier this month to produce carbon fiber components for the jet.

“We build cool airplanes, and we build them in a modern way, on the cutting edge,” said Todd Simmons, Cirrus’ executive vice president of sales, marketing and customer support.”

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Wireless Ronin plans $1.56m direct offering

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Via News Release

MINNEAPOLIS – March 5, 2013 – Wireless Ronin Technologies, Inc. (NASDAQ: RNIN), a leading marketing technologies provider, today announced that it has entered into agreements to sell approximately $1.56 million of its securities in a registered direct offering.

Pursuant to these agreements, the company will issue 868,000 units at a price of $1.80 per unit, with each unit consisting of (i) one share of common stock, and (ii) one five-year warrant to purchase 0.50 of a share of common stock, with exercisability commencing six months and one day after issuance, at an exercise price of $2.73 per share. The company expects net proceeds at closing of approximately $1.3 million, which it plans to use for general corporate purposes, including working capital. “

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Digital River names new CEO

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Via News Release

MINNEAPOLIS – Feb. 28, 2013 Digital River, Inc. (NASDAQ: DRIV), the revenue growth experts in global cloud commerce, announced today that its board of directors has appointed David C. Dobson chief executive officer.  Dobson, 50, who will also join Digital River’s board of directors, was previously executive vice president at CA Technologies, a global IT management software and solutions company.

Dobson succeeds Digital River’s Chairman Thomas Madison, who has served as interim chief executive officer while the company conducted a search for a permanent replacement [Joel Ronning].  Madison will continue to serve as the non-executive chairman of Digital River’s board of directors.”

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Minnesota startup Novu launches health wellness portal with UnitedHealthcare

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Via NR

“MINNETONKA, Minn.–(BUSINESS WIRE)–Feb. 21, 2013– UnitedHealthcare and Novu are launching an innovative online portal, www.uhc.novu.com, that enables people enrolled in UnitedHealthcare Medicare Advantage and Prescription Drug plans to create their own health-improvement and wellness programs.

The UnitedHealthcare-Novu program is available at no charge now to UnitedHealthcare Medicare Advantage and Prescription Drug plan members in New Jersey, Wisconsin and Washington state. This expanded pilot builds on the company’s successful initial test of the program, which started in October 2012 and included about 90,000 members in Texas, Ohio, Arizona and Colorado.”

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JAMF expanding footprint next door

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By Thom Fountain, VolumeOne

“Plans unveiled Wednesday morning by a software firm and a private developer could significantly reshape the ongoing North Barstow Street redevelopment.

At the Eau Claire Redevelopment Authority meeting, JAMF Software unveiled a proposal for an office building it hopes to build in the Phoenix Park neighborhood. JAMF Software founder Zach Halmstad said the company is quickly outgrowing its space on Graham Avenue, but wants to stay in downtown. The company currently has 90 employees in Eau Claire and expects to grow to 125 by the end of the year and to 150-200 by the end of 2014.”

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The Nerdery picks Overnight Website Challenge nonprofits and teams

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Via News Release

“Minneapolis, February 18, 2013 – Eighteen nonprofits and web development teams were selected today to spend daylight saving weekend losing their hour of sleep among 24 hours of pro-bono service at The Nerdery Overnight Website Challenge.

During the spring-forward weekend of March 9-10, these nonprofits’ websites will undergo extreme makeovers:”

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Visiting the Doctor, Virtually

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By Ann Carrns, The New York Times

“We’ve all wished at times that we could just chat with a doctor from our office, instead of taking time away from work to drive to the clinic. Now, a case study of medical care delivered online suggests that virtual visits can effectively treat some common ailments at a lower cost than in-person visits.

A report by the creators of the Virtuwell clinic, an online service started more than two years ago by the HealthPartners health care system in Minnesota that has handled roughly 40,000 cases, says that such visits were, on average, $88 less expensive than treatment provided in traditional settings. The visits also saved an estimated 2.5 hours, on average, of patients’ time.”

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Best Buy founder may scrap buyout bid

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By Dhanya Skariachan and Jessica Toonkel and Olivia Oran

“(Reuters) – Best Buy Co Inc  founder Richard Schulze may scrap a buyout bid and instead line up investors to take a minority position in the electronics retailer, sources familiar with the situation said on Wednesday.

The latest twist in Schulze’s months-long quest came two weeks before the deadline set by Best Buy for him to make a bid for the company he founded in 1966.”

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