Village Startups Make It Rain
It's not a rare thing for Atlanta startups to lament the lack of capital that gets invested in our region. And it's true, in comparison to other cities this is a great opportunity for growth. That's why it gets really exciting when you start to see cash rolling in. In the four years Atlanta Tech Village has been around, it has become one of the largest tech hubs in the country and our startups have raised a collective $325M to date and that number is growing. The good news- money travels.In case you missed it, here are some startups from the Village that have landed some serious cash in just the last 12 months:
Hull is a customer data management platform that aggregates from all your marketing services. Founder Stefan Koenig just announced Hull's $2.6M raise led by Alven Capital and Point Nine Capital.
SalesLoft is a platform for modern sales engagement. Founder Kyle Porter recently raised a $15MSeries B round - and ALL from local investors, led by David Cummings.
Sequr is a cloud-based access control platform. CEO, Andrew Eddy recently announced a newly closed $1.75 million round led by Knoll Ventures, Tech Square Ventures, and Ellis Capital. Their first seed round came from David Cummings earlier last year.
Trust Stamp uses social media and other publicly available data to verify your identity and provide a unique FICO-like trust score. Co-founders Andrew Gowasack and Gareth Genner announced that they secured $1M in funding in less than a year with no VC terms.
Storj uses blockchain technology to provide secure, private, and encrypted cloud storage. Founder Shawn Wilkerson, raised $1.8M seed round this summer led by TechSquare Labs and raised a new, undisclosed venture round this past fall led by Iterative Instinct.
HireWire is an on demand hiring app that is disrupting the service industry. Founder Chau Nguyen announced a new round with an undisclosed total led by Paul Judge and Allen Nance that will go towards the $3.8M raised to-date.
WideAngle is an agile performance management platform that is designed for weekly one-on-one meetings. Founder Jon Birdsong announced this past fall an $425k led by Techrise Ventures.
Laaser is a 911 accuracy technology for mobile device users that is saving time and lives. Founder Fred White raised a $1M seed round in February of 2016.
Terminus is the first ABM platform that enables B2B marketers to target best-fit accounts, engage decision makers on their terms, and accelerate marketing and sales pipeline velocity at scale. Founder Eric Spett announced in March 2016 a $7.5M Series A led by Edison Partners.And we are getting ready to hear some more big announcements in the near future. So get ready.Village startups are making it rain.