Articles in the "Money" category primarily relate to a funding announcement of some sort, typically from an institutional investor such as a venture capital firm, or from a family office, an angel investor, or any combination of private investors. These stories focus mainly on the funding details (who, when, how much, what it will be used for, etc.)
Money
Articles in the "Money" category primarily relate to a funding announcement of some sort, typically from an institutional investor such as a venture capital firm, or from a family office, an angel investor, or any combination of private investors. These stories focus mainly on the funding details (who, when, how much, what it will be used for, etc.)
This week Epic Ventures, a VC firm in Salt Lake City, closed its 2013 investment of Volta Industries through a purchase of Volta by Tortoise Acquisition Corp. II, a Special Purpose Acquisition Company (SPAC). SPACs are an increasingly popular way to acquire, merge, purchase, or take a company public. SPAC
Latitude, the Provo based software company behind AI Dungeon, announced it has raised $3.3 million in seed funding. The round is led by NFX Partners out of San Francisco, with Utah’s Album VC and Los Angeles based Griffin Gaming Partners also participating. This comes on the back of
Owlet Baby Care based in Lehi Utah announced today it will be joining Sandbridge Acquisition Corporation, a Special Purpose Acquisition Corporation (SPAC) in a merger meant to take Owlet public on the New York Stock Exchange. The new ticker symbol is expected to be “OWLT”. The projected valuation after the
Owlet Baby Care based in Lehi Utah announced today it will be joining Sandbridge Acquisition Corporation, a Special Purpose Acquisition Corporation (SPAC) in a merger meant to take Owlet public on the New York Stock Exchange. The new ticker symbol is expected to be “OWLT”. The projected valuation after the
This week Epic Ventures, a VC firm in Salt Lake City, closed its 2013 investment of Volta Industries through a purchase of Volta by Tortoise Acquisition Corp. II, a Special Purpose Acquisition Company (SPAC). SPACs are an increasingly popular way to acquire, merge, purchase, or take a company public. SPAC
Latitude, the Provo based software company behind AI Dungeon, announced it has raised $3.3 million in seed funding. The round is led by NFX Partners out of San Francisco, with Utah’s Album VC and Los Angeles based Griffin Gaming Partners also participating. This comes on the back of
Qualtrics made history today with Utah’s biggest IPO ever. The company raised $1.55 Billion in its first day of trading as a public company, far exceeding past Utah IPOs. The company sold approximately 51.7 million shares of XM. Shares were priced at $30. With over 511 million
MetaSource, LLC, with corporate offices in Draper Utah, recently announced their acquisition of Digiscribe, a similar business on the East-coast. The acquisition price wasn’t announced.
MetaSource offers various services in enterprise automation and document digitization to help businesses with their complex back office workflows. “We help other organizations manage
About seven years ago, Ty Allen was involved in a serious accident that he initially thought would result in his being permanently disabled for the rest of his life. During what he thought was a friendly game of basketball, Allen found himself on the floor with no feeling from the
Beny raised $1 million seed investment from strategic investor, Magellan HCM. Will launch this month a SaaS platform giving employees choice and freedom over the benefits they want.
"Benefits don’t benefit anymore; everyone’s got essentially the same plan," so says Chad Ingram, Founder and CEO of
Lehi-based SimpleNexus has announced $108 Million in its Series B Funding Round. The investment came from Insight Partners, based in New York, and included minority investor, TVC Capital, of San Diego.
Research and Development are the main catalyst for the investment, said Matt Hansen, Founder and CEO of SimpleNexus. This
