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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.)
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.)
After 20 years of hard work Utah robotics company, Sarcos, is an overnight success. On the heels of closing a significant financing led by Rotor Capital, many are learning for the first time about the technology powerhouse that Sarcos Robotics has become. The $40 million Series C financing will help
Before 2020, self-checkout was a convenience, but in 2020 it's a critical safety measure. Salt Lake City-based Skip is taking that to a new level in convenience store shopping with their novel cloud platform. CEO Chase Thomason describes it as a “Square for retailers”. The pandemic has retailers
Friday, Sept. 4 2020 — Today the U.S. Bankruptcy Court in the District of Utah accepted a settlement agreement between VidAngel, Inc. and a group of major Hollywood studios. The deal ends the four year legal battle over content filtering between VidAngel and plaintiffs Disney, Fox, Warner Brothers, and Lucas
by Austin CraigFriday, Sept. 4 2020 — Today the U.S. Bankruptcy Court in the District of Utah accepted a settlement agreement between VidAngel, Inc. and a group of major Hollywood studios. The deal ends the four year legal battle over content filtering between VidAngel and plaintiffs Disney, Fox, Warner Brothers, and Lucas
by Austin CraigAfter 20 years of hard work Utah robotics company, Sarcos, is an overnight success. On the heels of closing a significant financing led by Rotor Capital, many are learning for the first time about the technology powerhouse that Sarcos Robotics has become. The $40 million Series C financing will help
by Mark TullisBefore 2020, self-checkout was a convenience, but in 2020 it's a critical safety measure. Salt Lake City-based Skip is taking that to a new level in convenience store shopping with their novel cloud platform. CEO Chase Thomason describes it as a “Square for retailers”. The pandemic has retailers
by Mark TullisTech Sector and Economic Diversity Create Thriving Ecosystem 24/7 Wall Street named Utah the strongest state economy in the country in its annual ranking. Utah placed 3rd in 2019, a laudable achievement itself. But amidst the economic and social turmoil of 2020, the Beehive state takes the lead. Following
by Austin CraigClene Nanomedicine, Inc., a Salt Lake City-based clinical-stage biopharmaceutical company, announced August 26, 2020 that it has raised $42.5 million in Series D financing. The round was led by SymBiosis II, LLC, a biotech-focused investment fund. Participants in the round include existing investors, most connected with Utah, including Huntsman
by Mark TullisLambda School, the San Francisco based online code school, announced August 21 it had raised $74 million in Series C funding led by Gigafund, the venture firm known for its backing of SpaceX and The Boring Company. Others investing include Tandem Fund, Y Combinator (Lambda was part of the seventeenth
by Austin CraigSalt Lake City based Mighty has announced $4.3 million in seed funding from Slack Fund, GSV Ventures, Origin Ventures, Album VC, Acadian Ventures, and Village Global. Founded in 2018, Mighty offers managers greater transparency into their team’s day-to-day work by pulling information directly from productivity tools. They can
by Austin CraigIn his ten years as CEO of C7 Data Centers before it was acquired in 2017, CEO Wes Swenson noticed a trend in the data center industry. “90% of data centers are 10,000 to 20,000 square feet. That’s great for small to medium-sized clients, but you can
by Austin Craig