Today Mercato Partners (Cottonwood Heights) announced the close of Traverse Fund IV, a $400 million growth fund that will be deployed to high-growth, mature technology and branded consumer companies. Traverse Fund IV is Mercato's largest fund to date. The company says it is the largest growth only

Utah Gov. Spencer Cox recently toured the headquarters of Teal Drones in Salt Lake City. Teal Drones was founded in 2015 by then 17 year old George Matus. The company started out as a consumer-focused startup and has since expanded its sales into enterprise and government sectors. Teal Drones

Kickstart, a seed-stage venture capital firm with offices in Utah and soon-to-be Colorado, announced today that it has closed its sixth fund along with a dedicated follow-on fund. Combined, these funds represent an additional $230 million in fresh capital to be invested in startups in the

Is ChatGPT a Curse or a Blessing to Education? It carries the potential for both, according to WSU Professor Alex Lawrence, PhD. At Weber State University Lawrence tells his students, “I hope to educate you enough that you will want to learn to leverage these tools, not just learn to

CompTIA's just released their February 2023 report on tech employment. The Computing Technology Industry Association (CompTIA) based in the Chicago area is an advocate for the $5 trillion global information technology ecosystem that employs an estimated 75 million industry and tech professionals. CompTIA provides education, training, certifications, advocacy,

Despite advances in digital marketing platforms’ ability to reach highly targeted audiences, it’s proved persistently difficult for digital marketers to convert high percentages of clicks into qualified and engaged leads. Provo-based Halda is on a mission to change that, starting with the K12 and higher ed sectors. Armed

The Wasatch Innovation Network and the Consumer Summit today announced the winners of the inaugural WIN50 Consumer, a community-nominated and peer-selected process for identifying top founders, CEOs and entrepreneurs who are successfully building fast-growing consumer product brand companies. The WIN50 Consumer is designed to cultivate and strengthen

Salt Lake City-based legal work platform, Filevine, has announced a partnership with Moxo, a Cupertino-based customer interaction platform. The integration of Moxo's Customer Interaction Hub with Filevine's legal case management platform is intended to enhance customer experience through streamlined and modernized legal client service