Cimetrix, the Midvale, UT-based maker of factory intelligence software products and platforms for semiconductor and electronics manufacturing, was acquired by PDF Solutions from Santa Clara, California.   “We were approached by several companies,” says Bob Reback, CEO of Cimetrix. “PDF stood apart because of their software pedigree and ability to execute

On April 20, 2021, Recursion Pharmaceuticals, Inc. of Salt Lake City announced the closing of its initial public offering of 27,878,787 shares of its Class A common stock at a price to the public at $18.00 per share, a price at the top end of its expected

Utah’s Kickstart Fund has joined with Stout Street Capital of Denver Colorado to host UNMET Utah. The event aims to bring together investors and early stage startups seeking Seed or Series A funding.  During the four-week virtual event, founders will have the opportunity to create short-form video pitches, meet

On January 13, 2021, MX raised $300 million in Series C funding—the largest investment round in Utah history. This fourth fundraising round has increased the company’s valuation to approximately $1.9 billion. The round was led by a $150 million investment from TPG, a private fund based in

Gabb Wireless announced this week it has closed a $14 million round of funding. This Series A was led by Sandlot Partners and New Orleans Saints quarterback, Taysom Hill. “We’re excited to announce our partnership with Sandlot Partners and Taysom Hill, who share our passion to drive impact and

Angel Studios (Apparently) Acquires Angel.com for $2 Million It appears the domain name Angel.com has been transferred to Angel Studios, according to Domaininvesting.com, which says its purchase price was $2 million. The domain had been owned by a California telecommunications company Genesys Telecommunications Laboratories.  Angel.com had

In 2017 at Desert Hills High School in Saint George Utah, two students died by suicide. The death of any young person is a tragedy, and throughly moreso when the death comes by suicide. Here were two such tragedies at one school with just over a thousand students. Desert Hills

Degreed, the software platform for training and upskilling employees, has raised $153 million in Series D funding. The round was co-led by Sapphire Ventures of Palo Alto and Riverwood Capital of Menlo Park California. The round is joined by previous Utah investor Signal Peak Ventures, along with Owl Ventures, GSV