1. Articles from Greg Avery

    25-48 of 161 « 1 2 3 4 5 6 7 »
    1. Denver cloud startup raises $13 million VC round, plans for growth

      Cloud Elements Inc. has raised another $13 million from venture capitalists and plans to increase its staff by a third to expand the market for the Denver-based startup's technology.

      With the new funding, the 60-employee company plans to add about 20 positions this year with the aim of getting its products used by more companies, said Mark Geene, CEO and co-founder of Cloud Elements.

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    2. Level 3 wins reversal of military contract awarded to Verizon Deutschland

      Level 3 wins reversal of military contract awarded to Verizon Deutschland

      A federal court has ruled Level 3 Communications was wrongly excluded from a contract for U.S. military telecommunications between Germany and Kuwait, and the judge ordered a military investigation into how it happened. The U.S. Court of Federal Claims revoked an award granted to Verizon Deutschland GmbH even though its price tag was $38.6 million higher than Level 3’s bid.

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    3. Colorado's Optiv files for an IPO

      Colorado's Optiv files for an IPO

      Denver-based cybersecurity company Optiv Inc. has filed with the U.S. Securities and Exchange Commission to become a publicly traded company. The filing on Friday puts Optiv in line to be the first major IPO in Denver tech circles since Zayo Group, a Boulder-based business telecom, went public in the fall of 2014. Optiv plans to be listed on the New York Stock Exchange with the ticker symbol “OPTV.”

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    4. Lockheed Martin, ULA launch advanced NOAA weather satellite

      Lockheed Martin, ULA launch advanced NOAA weather satellite

      A rocket launched the most advanced U.S. civilian weather satellite ever made into orbit Saturday, a successful mission of two of Colorado's largest aerospace companies. An Atlas V rocket built by Centennial-based United Launch Alliance blasted off into darkened evening skies above Florida's Cape Canaveral Air Force Station carrying the GOES-R satellite, built in Jefferson County by Lockheed Martin Space Systems Co.

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    5. Branson-backed Colorado startup shows off supersonic business plane

      Branson-backed Colorado startup shows off supersonic business plane

      A Colorado startup working to build the first supersonic passenger airliner for business travelers is showing off a test plane that’s meant to fly next year. Boom Technology Inc., based at Centennial Airport in Arapahoe County, is building its XB-1 test plane to demonstrate its technology and designs for a 45-passenger airline capable of flying 1,450 mph -- 2.2 times the speed of sound.

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    6. Hacker going to prison for Photobucket software breach

      Hacker going to prison for Photobucket software breach

      One man is going to prison and a second is working for Denver-based Photobucket Inc. for free as punishment for creating software that extortionists used to steal people’s intimate images from the photo service. U.S. District Judge Wiley Daniel sentenced Brandon Bourret, 41, of Colorado Springs, to 29 months in federal prison followed by three years of supervised release, and to forfeit $49,153 cash plus computer equipment...

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    7. Boulder tech manufacturer acquired

      Boulder tech manufacturer acquired

      Tecomet Inc., a global contract manufacturer, on Monday purchased Mountainside Medical, a Boulder maker of medical device components and surgical devices. Terms of the deal were not disclosed. Mountainside Medical employs 107 people. The company was formed in 2006. No job cuts are planned at Mountainside Medical, and the Tecomet aims to invest to expand the business in Boulder, a spokesman for Tecomet said. Mountainside Medical has grown to make instruments for minimally invasive surgeries as…

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    8. Steve Case invests in Colorado ad-tech startup focused on college students

      Steve Case invests in Colorado ad-tech startup focused on college students

      Eight Denver-area startups pitched AOL co-founder Steve Case for a $100,000 investment Tuesday, and the company that won is finding growth serving a wealthy niche in a struggling industry.

      Case, today a billionaire tech startup evangelist, passed through Denver on his five-day, five city "Rise of the Rest" tour visiting companies, meeting local bigwigs and spreading word that Silicon Valley, New York City and Boston aren't where all action is despite those places soaking up 75 percent of U.S. venture…

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    9. Billionaire Steve Case highlights Denver as entrepreneurial boom town

      Billionaire Steve Case highlights Denver as entrepreneurial boom town

      The sun hadn’t risen over downtown Denver buildings and already AOL co-founder Steve Case had delivered his message to Denver TV station reporters: Denver is booming with startups and entrepreneurs creating economic growth, making the thriving city attractive to investors. It’s a theme the billionaire venture capitalist planned to repeat all day Tuesday as part of a weeklong tour of startup hubs away from the U.S. coasts...

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    10. Lockheed wins $395 million Air Force order for two GPS satellites

      Lockheed wins $395 million Air Force order for two GPS satellites

      The U.S Air Force will pay Lockheed Martin Space Systems Co. to build two more updated global positioning satellites, adding $395 million to the Jefferson County-based company’s contracts covering the first satellites in the series.

      Lockheed Martin Space Systems (LMSS) now will build the first 10 GPS III satellites for the military.

      The Air Force’s Space and Missiles Systems Center, in El Segundo, California, announced the contract modification Wednesday.

      LMSS has held the prime contract to…

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    11. Layer3 TV turns on its 'new cable' service in its first market

      Layer3 TV turns on its 'new cable' service in its first market

      Layer3 TV, the secretive downtown Denver video technology company, has launched video service in its first major market, Chicago, and unveiled its TV channel lineup ahead of expansion into other big cities.

      The channel packages its offers, which makes Layer3 TV look a lot like the kind of cable TV it’s competing against, but it’s using technology to try to be more than that for consumers.

      Layer3 has agreements to sell the top channel lineups from the major cable and satellite TV programmers:…

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    12. Amazon tech operation opens in Colorado; hiring under way

      Amazon tech operation opens in Colorado; hiring under way

      Amazon is hiring workers for its Amazon Web Services division locally, and the online giant has opened a tech office in Broomfield.

      The Seattle-based company (Nasdaq: AMZN), which hasn't had a tech presence here, joins a growing list of some of tech’s biggest names — Google, Oracle, Twitter — with a presence in the area. Just how big the technology arm of Jeff Bezos’ business aims to be here isn’t known.

      The company posted a job description on LinkedIn over the summer for an office manager…

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    13. Software startup lands funding for major downtown Denver expansion

      Software startup lands funding for major downtown Denver expansion

      Denver-based software company GoSpotCheck has raised $16.5 million from investors that will help the startup keep expanding in Denver. The company makes of software primarily used by brands and retailers to ensure store shelves are stocked and displays setup correctly. GoSpotCheck plans to broaden what its software is used for, branching into other industry niches where employers need information about how well far-flung workers are performing the tasks their job requires. The company has grown…

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    14. Vista Equity buying stake in another Denver tech business

      Majority ownership of Granicus, a Denver-based maker of cloud software technologies for local governments, is being bought by investment firm Vista Equity Partners for an undisclosed amount of money.

      The deal is expected to close next month and comes just weeks after San Francisco-based Vista Equity reached a deal to buy Denver-based software company Ping Identity.

      Granicus’ existing private equity shareholder, K1 Investment Management, in El Segundo, California, will remain a minority owner…

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    15. FullContact buys a Colorado tech startup after $25M VC round

      FullContact buys a Colorado tech startup after $25M VC round

      Well, that didn’t take long.

      Denver’s FullContact Inc. said Wednesday it is buying another local tech startup, a week after landing $25 million in venture capital to fund growth and acquisitions.

      FullContact, which makes apps and online software for people to manage their contacts, is buying Boulder-based Conspire, a small startup aiming to help people broaden their network of business contacts by facilitating introductions.

      Terms of the deal were not disclosed.

      Conspire built technology…

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    16. Denver messaging startup pulls in millions as it launches app

      Denver messaging startup pulls in millions as it launches app

      Kwippo Inc., the Denver maker of a messaging app has raised $2.5 million in seed-round funding, announcing the deal as it launched apps meant to make messaging more expressive.

      The free Kwippit messaging app provides a custom smartphone keyboard and replaces the standard emoji figures — those winking smiley faces and other emotive images — with more elaborate and varied pictures to give users more ways to express themselves in a message.

      Messaging has emerged as the preferred communication…

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    17. FullContact adds $25 million to VC haul

      FullContact adds $25 million to VC haul

      FullContact raised another $25 million from investors in what may be the Denver-based company’s last round of venture capital to fund adding jobs, acquisitions and geographic expansion. The software maker now has attracted a total of $50 million from venture capital backers in the past five years. Boulder-based Foundry Group led the latest round, with Baird Capital, Shea Ventures and Blue Note Ventures also taking part in the investment. FullContact has been doubling revenue annually since its…

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    18. National CineMedia hires new executive

      National CineMedia hired a former Quiznos executive to become the movie-theater advertising company’s chief finance officer.

      NCM, based in Centennial, announced Tuesday that Katie Scherping will start as CFO on Aug. 11, replacing a pair of co-CFOs who had been overseeing NCM’s financial affairs.

      Scherping most recently had been interim president and CEO at Denver-based Quiznos, the sandwich chain, where she’d previously been CFO since last 2013.

      Prior To Quiznos, Scherping was CFO of Red…

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    25-48 of 161 « 1 2 3 4 5 6 7 »
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