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Folsom fintech company buys Simi Valley insurance payments vendor

Technology News - Fri, 08/07/2020 - 17:19
Folsom-based payment technology company One Inc. has bought Invenger Technologies Inc., a Simi Valley company in the same industry. Both companies are third-party providers for the insurance industry, handling both inbound and outbound payments, said Patricia Moore, head of content marketing with One Inc. “We are excited to add the Invenger InsurPay claims payment solution into our digital payments platform,” said One Inc. CEO Christopher Ewing, in a news release. He said the combined resources…

AT&T’s new WarnerMedia chief makes changes that are ‘neither timid nor without risk’

Technology News - Fri, 08/07/2020 - 17:09
HBO Max gets elevated with changes that sees key exits and new roles for some executives.

San Ramon software company Five9 expands HQ at Bishop Ranch

Technology News - Fri, 08/07/2020 - 17:04
Publicly traded cloud-based software company Five9 is upping its office footprint in San Ramon's Bishop Ranch and establishing its new corporate headquarters there, according to the company's recently filed SEC documents. Five9 (NASDAQ: FIVN) stated in a recent regulatory filing that it is entering into a 10-year lease for approximately 104,253 square feet at 3001 Bishop Drive. The tech company's current headquarters is at 4000 Executive Parkway, also in the Bishop Ranch Business Park, where it…

Women in tech say a diverse network is key to bringing diverse candidates to the table

Technology News - Fri, 08/07/2020 - 16:44
Women leaders in the technology sector say that workplaces have a long way to go to become more equitable.

Milwaukee's Sift Healthcare raises $2.8M to expand AI-based payment platform

Technology News - Fri, 08/07/2020 - 16:41
Sift Healthcare, the Milwaukee startup that uses artificial intelligence to analyze health care billing payments, has raised $2.8 million to expand its data science and data engineering teams. Of the capital raise, which closed in July, $1.87 million came in new equity dollars from Wisconsin-based venture funds Rock River Capital Partners, which is based in Madison, and Winnebago Seed Fund. Winnebago Seed Fund, of Neenah, led Sift's $1 million round of funding in 2017. Sift's technology allows…

Zynga pushes back reopening plans until early next year

Technology News - Fri, 08/07/2020 - 16:40
Zynga workers looking to go back to their offices in October are going to have to wait a few more months.

July 2020 Power Breakfast: Insights from Laura Barber, Laurie Kelly and Kali Thorne Ladd

Technology News - Fri, 08/07/2020 - 16:19
For the PBJ’s first virtual Power Breakfast, we assembled three business leaders to find out how Covid has changed the way they do business, and how Portland will emerge on the other side. PBJ Editor Suzanne Stevens spoke to Kali Ladd, executive director and co-founder of the education nonprofit KairosPDX, as well as Laurie Kelly, group vice president and chief philanthropy officer Providence St. Joseph HealthFollow and Laura Barber, director of global market relations and PR for AWS Elemental. These…

Silicon Insider Podcast: A week filled with unlikely players like Microsoft and Roku

Technology News - Fri, 08/07/2020 - 16:17
This week, host Mike Malone and special contributor Scott Budman of NBC BayArea tackle a week filled with unlikely players. Microsoft suddenly steps back into the limelight with the potential purchase ($50 billion?) of TikTok’s U.S. (or is it world?) operations. It also starts cozying up to Samsung. Facebook's Mark Zuckerberg publicly frets about President Donald Trump inserting himself into the TikTok/We Chat fight with China – or are those crocodile tears over the neutering of a major…

Trump’s order to crack down on TikTok ramps up pressure in Microsoft’s talks to acquire the app

Technology News - Fri, 08/07/2020 - 16:09
President Donald Trump gave a 45-day deadline for Microsoft or another company to acquire the app.

Two Boulder diagnostics companies merge

Technology News - Fri, 08/07/2020 - 16:01
“Merging the companies will allow us to pursue a much larger market opportunity at a much faster pace than either of us could individually," said one CEO.

SA venture capital firm leads $1.5M funding

Technology News - Fri, 08/07/2020 - 15:21
San Antonio-based venture capital firm Active Capital led a $1.5 million seed funding round for Tetra Insights, a qualitative data technology startup, according to a news release issued Friday. HNVR Technology Investment Management — a Menlo Park, California-based, early-stage venture capital firm — was also part of the funding round. Boulder, Colorado-based Tetra Insights' platform enables customers to upload and sync large video files, and conduct qualitative research. It also provides automated…

Charlotte startup Catapult raises $2.6M

Technology News - Fri, 08/07/2020 - 15:18
Charlotte-based startup Catapult walked away from July with $2.6 million in equity funding. The company was founded by Justin Witz in 2017 and went through QC Fintech's accelerator program the same year. Witz said Catapult's platform streamlines the Request for Proposal procurement process for corporations buying, selling and evaluating vendors. Amazon used a similar RFP platform when determining where to build its second headquarters, he said. Witz said the idea behind Catapult began in 2009 when…

Dallas cybersecurity firm raises $10 million

Technology News - Fri, 08/07/2020 - 15:01
A recent filing shows funding for the North Texas company that's seen new additions to the executive team.

Locally owned e-commerce company acquires artificial intelligence provider

Technology News - Fri, 08/07/2020 - 14:38
Searchspring — a portfolio company of San Antonio-based venture capital firm Scaleworks Associates — has acquired Portland, Oregon-based 4-Tell, which uses artificial intelligence to help e-commerce sites personalize each customer's experience. 4-Tell developed its technology for personalization in 2009 and placed in the top 1.5% among more than 40,000 entries in the Netflix Prize, a competition designed to accurately predict how much a viewer would enjoy a selection based on preference, according…

Perspecta’s revenue up slightly despite Covid impact on intelligence business

Technology News - Fri, 08/07/2020 - 14:04
The firm has also seen M&A opportunities slow significantly, it said.

Work begins on Forcura's new HQ build-out

Technology News - Fri, 08/07/2020 - 14:00
Forcura, perennially one of Jacksonville's fastest-growing companies and a platform provider for hospice and home health providers to securely share medical records and communications, has started work on the build-out of its new headquarters. Tenant Contractors Inc. received a $1 million permit to build-out space for Forcura at 10151 Deerwood Park Blvd., Unit 400. Forcura announced its Jacksonville expansion plans earlier this year after receiving $690,000 in city and state incentives. The incentives…

Why StoredTech decided to partner with Reg Harnish's new cybersecurity startup

Technology News - Fri, 08/07/2020 - 13:56
StoredTech has been one of the region's fastest-growing companies for several years, but CEO and founder Mark Shaw felt he had one big area of concern: cybersecurity.

Cerner’s Innovations Campus nears finish of two more office buildings

Technology News - Fri, 08/07/2020 - 13:51
The two towers will add 775,000 square feet of offices, capable of supporting at least 3,000 employees at Cerner's 290-acre south Kansas City campus.

The Funded: 8 Bay Area startups raise nearly $150M at week's end

Technology News - Fri, 08/07/2020 - 13:48
8 Bay Area startups disclosed that they raised nearly $150M at week's end. Here are the details. Ginger.io Inc., San Francisco, $50 million: Advance Venture Partners and Bessemer Venture Partners co-led the Series D funding of this mental health care app provider. They were joined by Cigna Ventures, Kaiser Permanente Ventures and Jeff Weiner. Read more. Mode Analytics Inc., San Francisco, $33 million: H.I.G. Growth Partners led the Series D funding of this developer of an analytics platform…

Tesla paid $97M for factory site in far East Austin, seller reveals

Technology News - Fri, 08/07/2020 - 13:14
Thanks to seller Martin Marietta, we now know how much Tesla paid for its gigafactory site, which is roughly 2,000 acres along the State Highway 130 toll road near the Austin airport. Site work has already started.