Now You Can Use Your Phone To Pay For Parking In Minneapolis

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By Peter Cox, MPR News

“The city of Minneapolis is rolling out a new meterless parking payment option: the smartphone.  Customers can use the MPLS Parking app to plug in their parking-spot number and pay through their phone. They can also add more time to their meter while they’re away from the parking spot. The city is testing the app out in 975 spots in the North Loop and Downtown West.”

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Minneapolis’ Sportradar Partners With FanDuel On Fantasy Football Data

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Via News Release

Minneapolis and New York – August 26, 2015 – FanDuel Inc., the largest one-day fantasy sports operator, today announced a partnership with Sportradar [previously SportsData], the leading provider of sports data services globally, to receive the official NFL data feed to power its fantasy football competitions.

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Two Iowa State Grads Launch St. Paul Startup Flamingo

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By Alex Hanson, Iowa State Daily

“As students get settled in on campus for the fall semester, many are waiting to see if professors will require them to use textbooks for their classes, and shelling out hundreds of dollars this semester is something students may dread.

Two ISU alumni are seeking an end to the problem many face by cutting the cost in half and saving students money. The new app “Flamingo” has launched on Android phones and tablets and is awaiting approval in the Apple app store. The app creators, Aaron Hurd, 2006 computer engineering graduate, and Joe Schneider, 2007 computer engineering graduate, said “students deserve a better way to buy and sell textbooks.”

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Visualizing The Inc. 5000 Of Minnesota Tech

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Screen Shot 2014-08-20 at 1.56.15 PMEarlier this month, Inc. Magazine published its annual ranking of ‘America’s fastest growing private companies’ based on 3 year revenue gains.

Minnesota-based tech firms (product & service) fared well this year, earning 48 spots out of a total of 100 statewide companies ranked. We took that information a step further here with some basic visualizations to help see what the data says.

The obvious limitation of this dataset include the basic fact that the Inc. award is opt-in, whereas the company has to apply for consideration in the first place.  Also, these corporate vitals are self-reported and the figures have not been verified by TECHdotMN.

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Audio Startup Exogal Launches Cash Money Crowdfunder

Image titleEagan-based Exogal is going beyond Kickstarter and entering the future of financially incentivised crowdfunding.

Using Kickfurther, a service based in Boulder, the venture is seeking to raise ~$54k from backers who want actual return on their investment for dropping a dime.

“We looked at Kickstarter, but since our hardware products are so unique and expensive, we had no cheap spiffs,” says Jeff Jeff Haagenstad, CEO.

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Comcast Doubles Down On Twin Cities Internet

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Via News Release

“ST. PAUL, Minn.–(BUSINESS WIRE)–Comcast today announced it will increase speeds for most Xfinity Internet customers in the company’s Twin Cities, Greater Minnesota and Western Wisconsin service area on Thursday, August 27. These speed increases are being delivered to customers at no additional cost.

Comcast will increase the speeds of its three most popular Xfinity Internet tiers: “Performance” will deliver speeds up to 50 Mbps, up from 25 Mbps; “Blast” will more than double to 105 Mbps, up from 50 Mbps; and “Extreme 105” will increase to 150 Mbps. The speed increases will be available for all Xfinity Internet customers who currently subscribe to these tiers.”

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Pandora Opens Minneapolis Office

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By Kristen Leigh Painter, Star Tribune

“Web-based radio company Pandora is increasing its revenue by growing its physical presence. The latest destination? Minneapolis.  The online music streaming company from Oakland, Calif., hopes its new office will help rake in more advertising dollars from Minnesota companies looking to reach local and national listeners.”

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Eden Prairie’s HelpSystems Acquired By San Francisco PE Firm

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Via News Release

“SAN FRANCISCO – August 18, 2015 – H.I.G. Middle Market (“H.I.G.”), the dedicated middle market investment affiliate of H.I.G. Capital, a leading global private equity investment firm with $19 billion of equity capital under management, has entered into a definitive agreement to acquire HelpSystems, LLC (“HelpSystems”, or the “Company”) from current investor Summit Partners. The completion of the transaction is subject to regulatory and anti-trust approval.

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