Via News Release
“MINNEAPOLIS–(BUSINESS WIRE)–Avtex, an end-to-end Customer Experience (CX) consulting firm, announced today its acquisition of Automated Voice & Data Solutions (AVDS), a Houston-based leader in contact center and customer experience communications solutions.”
Via News Release
“SAN FRANCISCO, Feb. 14, 2019 /PRNewswire/ — Phylagen, the San Francisco-based data analytics company building the world’s largest environmental microbiome database, today announced $14 million in Series A financing led by Cultivian Sandbox, Breakout Ventures and Working Capital. The funding will be used to expand Phylagen’s microbial forensics service and grow its microbiome database.”
Via News Release
“Over the past five years, I [Nels Pederson] was incredibly fortunate to have dedicated, focused time to help build and grow the startup ecosystem in the Twin Cities. Simply put, it has been a pretty kick-ass five years.
I’m going to continue helping startups grow and build, but moving forward I’ll be doing it in a slightly different role. I am excited to share that beginning later this month I will be transitioning from my role as Managing Director of Beta.MN into a new opportunity at Livefront called Partnerships.”
Via Star Tribune
“Perforce Software, the Minneapolis-based software firm, is on a run of acquisition-fueled growth. Perforce, owned since early 2018 by private equity firm Clearlake Capital, recently acquired Colorado-based Rogue Wave Software in an unspecified-terms transaction that should help Perforce reach its sales goal of about $600 million by 2021.”
Forming a business is the easiest part of being in business. Almost anyone can complete the necessary paperwork, pay a fee, and set up a bank account — thus creating the minimum viable company.
The Minnesota Agtech Cheat Sheet v2 was published last week and here are five takeaways from the research:
TIES (Technology Information and Educational Services) — A 50 year old education training and technology organization has rebranded as Sourcewell and relocated to the Midway District in St. Paul.
Via News Release
“Tampa, FL.— February 8, 2019 — Trellance today announced its acquisition of OnApproach. The acquisition combines two leading Credit Union Service Organizations (CUSO) to become the industry’s leading data analytics provider to credit unions nationwide.”
Via News Release
“Since October 1st, thousands of pilot hopefuls from 65 countries around the world have been battling it out on the DRL Simulator, a true-to-life drone racing sim that helps players fly FPV (First Person View) better in real life. This past Saturday, February 9th during the biggest FPV party of all time, the top 210 contestants went head-to-head in a live esports showdown at the HyperX Esports Arena Las Vegas at the Luxor Hotel.”
Updated 2/12/2018 9:00am CST – “$5m closed & oversubscribed” per Olson + additional Google Cloud Healthcare API disclosure.
Original 12/10/18: Flywheel is seeking to close a $5m series A equity investment with $4.5m already captured, according to company leaders Jim Olson and Travis Richardson.
As an Invenshure portfolio company, Flywheel provides a collaborative data management and analysis platform built specifically for scientists and the researcher’s workflow.
We connected with the duo to learn more about their inflection point: