Tech{dot}MN

Via Twin Cities Business

“Analytics firm CoreLogic Inc. is shuttering its Bloomington offices and laying off about 185 workers, a company spokeswoman confirmed Monday. The layoffs are slated to start in July and wrap up by the end of the year, according to a company notice filed with the Minnesota Department of Employment and Economic Development. CoreLogic’s Bloomington offices handle the firm’s appraisal business, says spokeswoman Alyson Austin. The cuts will be affect positions across the board.”

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Via Pioneer Press

“According to Statista home improvement expenditure amounted to about $394 billion in 2018. The success of home renovations, rehabs and maintenance is generally dependent upon finding a good contractor that meets your budget, timeline and specific needs. The time required to do the due diligence and research to find these contractors can be expensive, time consuming and stressful. Often figuring out where to start can be the biggest issue.”

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Updated as of 5/21/2019: An examination of Minnesota based technology companies based on the gross amount of investment capital received since inception.  Excluding Private Equity (majority buyout) deals & debt financing, here are Minnesota’s 25 most funded tech firms based on public disclosure and years of archived reporting:

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Code Championship is rolling out competitive, week-long bootcamps for young coders this summer.

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Via Star Tribune

“As baseball players practiced on a damp field and basketball players shot hoops in the Apple Valley High School gym Saturday, the atrium was abuzz with the high-pitched whir of tiny propellers at the first Minnesota State High School Drone Racing Tournament.”

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Via Derrick Reimer

“Here I sit, in a cabin on Lake Superior by the fire, with late-season snow pelting the windows and ominous waves crashing against the rocky shore. Despite the treacherous terrain that surrounds me, I feel at peace with the decision I’ve been weighing. I’ve decided it’s time to take a step back from building Level as a standalone alternative to Slack.”

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Via News Release

“MINNEAPOLIS–(BUSINESS WIRE)–Digital manufacturer Protolabs (NYSE: PRLB) is celebrating its 20-year anniversary with today’s grand opening of its state-of-the-art advanced manufacturing facility in Brooklyn Park, Minn. The 215,000 sq. ft. CNC machining facility, which currently houses nearly 300 mills and lathes, is Protolabs’ eighth manufacturing plant in the United States, and 12th globally.”

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Via News Release

“MINNEAPOLIS, May 16, 2019 /PRNewswire/ — Meda (Metropolitan Economic Development Association) has opened up applications for its second year of the Million Dollar Challenge for Minority Entrepreneurs. The Million Dollar Challenge is the largest minority entrepreneurial competition in the country, awarding $1 million in funding to minority businesses from across the nation.”

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Via News Release

“MINNEAPOLIS–(BUSINESS WIRE)–Clearfield, Inc. (NASDAQ:CLFD), the specialist in fiber management for communication service providers, today announced that it is increasing its manufacturing warehouse space, creating a dedicated, secure research and development lab, and expanding its manufacturing operations to meet the increasing demand for its products created by wireless and FTTx roll outs.”

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