1. Articles from BizWest


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    1. SolidFire leases 62,000 square feet at Boulder’s Pearl West for new HQ

      SolidFire leases 62,000 square feet at Boulder’s Pearl West for new HQ

      BOULDER – One of the Boulder startup scene’s rising stars will soon become an anchor for one of the city’s most prominent development projects. SolidFire, which makes all-flash storage systems for data centers, has leased 62,000 square feet at Pearl West, the $80 million redevelopment of the former Daily Camera newspaper site at 11th and Pearl Streets downtown that sits just west of the Pearl Street Mall.

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    2. Innosphere inks deal with Exitround to help client startups find buyers

      FORT COLLINS — Client companies of Fort Collins-based science and technology incubator Innosphere will get help in connecting with larger companies looking for mergers and acquisitions, thanks to a new partnership announced Monday. Innosphere has partnered with San Francisco-based Exitround, a private, anonymous marketplace for buyers and sellers of technology companies from the small to mid-sized market.

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    3. Boomtown raises another $1M VC fund

      BOULDER — The founders of accelerator and co-working space Boomtown have raised their second $1 million venture-capital fund this year, according to a document filed this week with the Securities and Exchange Commission. A total of 19 investors contributed to the fund, called Boomtown Fund II LLC. Boomtown cofounders Toby Krout and Jose Vieitez are listed as managing directors of the fund. Boomtown raised a separate $1 million fund, Boomtown 2014 LLC, in April.

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    4. iCardiac acquires Longmont-based nSpire Health’s clinical-trials division

      iCardiac acquires Longmont-based nSpire Health’s clinical-trials division

      LONGMONT — The clinical-trials division of Longmont-based nSpire Health Inc. has been acquired by iCardiac Technologies, based in Rochester, N.Y. iCardiac, a provider of cardiac safety assessment services to the pharmaceutical industry, has opened an office in Longmont to accommodate the project-management, data-management, customer-support, information-technology, technology-development and business-development teams that are joining iCardiac from nSpire Health.

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    5. Agribotix, Eco BCG launch joint venture in Latin America

      BOULDER — Agribotix LLC, which provides drone-enabled precision agriculture technology, announced Thursday that the company has launched a joint venture with EcoBCG to leverage its offerings in Latin America. The new enterprise, called Agribotix-Latin America, will be headquartered in Panama City, with additional offices in Mexico City and Santiago, Chile. Terms of the deal were not disclosed, and Agribotix CEO Lou Faust did not return a call seeking comment.

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    6. 3 accelerators from region win $50,000 SBA grants

      The U.S. Small Business Administration announced on Tuesday that three startup accelerators from the region are among 80 nationwide that have been granted $50,000 awards as as part of the SBA’s Growth Accelerator Fund competition. The Warehouse Business Accelerator in Loveland, MergeLane in Boulder and the Unreasonable Institute in Boulder were the local winners. The only other accelerator in Colorado to win was the Alamosa-based San Luis Valley Local Foods Coalition.

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    7. Boulder-based Occipital raises $13M Series B funding round

      BOULDER — Occipital Inc., a Boulder startup first known for its RedLaser barcode-scanning application, has closed a new $13 million Series B round of funding that the company will use to advance its Structure platform to make three-dimensional image capture and modeling a tool for the masses. Boulder-based Foundry Group, as well as fellow existing Occipital investor K9 Ventures, participated in the Series B round along with Intel Capital, Grishin Robotics and Shea Ventures.

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    8. Innosphere incubator taking applications from high-tech startups

      Innosphere incubator taking applications from high-tech startups

      FORT COLLINS — Applications are being accepted through the first week in September for startup high-tech companies wishing to join the incubation program run by Fort Collins-based Innosphere. Innosphere reviews applicant companies three times a year. Once accepted into the program, companies can attend sessions with other founders to help scale their businesses. The next program is to begin in October. Startups can to be part of the third “cohort” of 2015.

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    9. Report: Colorado’s economic growth remains strong, outpaces nation

      Report: Colorado’s economic growth remains strong, outpaces nation

      Colorado’s economy and job growth continue to affirm projections for 2015 even as slumping oil prices have led to slower-than-expected job growth for the natural resources and mining sector, according to a midyear report released by the University of Colorado’s Leeds Business School on Thursday. noted that employment in the state increased by 2.5 percent from May 2014 to May of this year.

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    10. Brinkman submits plans to develop 9 acres in Harmony Technology Park

      FORT COLLINS — Commercial real estate developer Brinkman Partners LLC will meet with the city of Fort Collins planning department Wednesday to go over conceptual plans to develop nine acres of land in the Harmony Technology Park in southeast Fort Collins. Fort Collins-based Brinkman wants to develop vacant land at the southwest corner of Lady Moon Drive and Harmony Road with a retail center consisting of six structures combining for approximately 150,000 square feet of space.

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    11. Envysion plans to add 30 employees after move to Superior

      LOUISVILLE — Software firm Envysion Inc. in Louisville announced Monday plans to move operations to a larger facility in Superior next month and hire 30 people in sales and technical roles in the next three months. Envysion acquired Canada-based LightHaus Logic Inc. in May, and is expanding its video-analytics capabilities. It will move to 100 Superior Plaza Way in August, doubling its office space.

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    12. SCL Health completes HQ move to Broomfield

      SCL Health completes HQ move to Broomfield

      BROOMFIELD — SCL Health’s move of its corporate headquarters to Broomfield is complete. The health system, which operates eight hospitals in Colorado, Kansas and Montana, finished moving some 360 employees from the Diamond Hill office complex in downtown Denver last week. The move brings SCL’s presence in Broomfield to 920 employees, a figure that could grow by as many as 150 in coming years.

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    13. Colorado eco-devo commission offers $17.6M in incentives to IT firm

      An unnamed information technology company is eyeing Denver as a possible location 1,750 employees, and Colorado is trying its best to lure the firm with incentives. The Denver Business Journal reports that the Colorado Economic Development Commission this week offered the company $17.6 million in incentives to locate in Denver. The company is also considering Salt Lake City.

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    14. Broomfield-based Level 3 acquires cybersecurity firm Black Lotus

      Broomfield-based Level 3 acquires cybersecurity firm Black Lotus

      BROOMFIELD – Level 3 Communications (NYSE: LVLT) on Wednesday announced the acquisition of Los Angeles-based cybersecurity firm Black Lotus. Terms of the all-cash deal were not disclosed because the purchase is not expected to be material to Broomfield-based Level 3’s financials. Black Lotus, which has about 20 employees and annual revenue of less than $10 million, provides Distributed Denial of Service (DDoS) mitigation services.

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    15. Foundry Group files paperwork for fifth $225M investment fund

      Foundry Group files paperwork for fifth $225M investment fund

      The Boulder-based firm — whose portfolio includes local tech companies like SendGrid, PivotDesk and Sphero — disclosed that it is raising the money in a filing made with the Securities and Exchange Commission this week. The name of the fund is Foundry Venture Capital 2016 L.P. Foundry Group — led by managing directors Brad Feld, Seth Levine, Ryan McIntyre and Jason Mendelson — closed its fourth $225 million fund, Foundry Group Select Fund, in fall 2013.

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