Friday, October 20, 2017

Cloud and colocation services company acquired by competitor

Boca Raton-based technology company Host.net has been acquired by an industry competitor. The transaction was announced Monday through a news release issued by Crestline Investment Inc., the investment management firm whose lending...

TherapeuticsMD raises $70M from stock offering

TherapeuticsMD closed an equity offering worth $70 million through the issuance of common stock on Thursday, citing a need for at least 100 new drug reps ahead of the potential market...

Orlando startup Edukate expands reach with partnership

An Orlando startup will have its financial health product embedded within a 20-year-old health management company’s platform. The DHS Group’s HealthSpective platform, which gives employers insight into workers’ physical health, will integrate...

SpringBIG, a cannabis marketing platform, wins Shark Tank style pitch event — and $50K

Arcview Forum Palm Beach brought in a crowd of over 100 high net-worth investors who gathered to observe 20 cannabis-related companies competing for investment at the Eau de Palm Beach Resort ...

Magic Leap in talks to raise $500M to $6B valuation, reports say

Magic Leap is in talks with an investment firm founded by the government of Singapore, potentially headed for a valuation of $6 billion, reports say. The Plantation-based technology company is looking to...

Rand Marketing acquired by Nashville holding company

Fort Lauderdale-based digital marketing firm Rand Marketing has been acquired, the company announced. Rand’s new corporate parent is Nashville holding company Incline LLC, which is owned and operated by IMC Core. Terms...

Deerfield Beach packaging firm ShipMonk snaps up e-commerce site business

Entrepreneur Jan Bednar was in his early 20s when he founded his first company, which was accepted into Florida Atlantic University’s Tech Runway startup accelerator program. Now, at the age of 26, Bednar...

Tampa tech firm raises $6.5M

Lumina Analytics LLC has $6.5 million in fresh capital. The new funding for the Tampa technology firm comes just weeks before Allen Brinkman II, former chairman, president and CEO of SunTrust Bank,...

venVelo Makes Five Additional Investments in Daytona Beach, Gainesville, Miami, Orlando, and Tampa

venVelo, a premier early-stage venture fund for innovative companies seeking capital and mentoring, invested in two more Florida startups – Actionable Quality Assurance and Harness – and three of venVelo’s current...

Demian Bellumio announces launch of Miami-based AI startup GraphPath, acquisition of Socialmetrix

AI is redefining entire industries, and entrepreneur Demian Bellumio believes Miami can have a leading role in shaping how the entire Latin American market takes advantage of these powerful technologies to...
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