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Boomtown adds another venture capital fund
The Boulder-based accelerator and coworking space Boomtown filed with the SEC that they had raised a second $1 million venture capital fund. The new fund is the company’s second, and 19 investors contributed to it. [Boomtown raises another $1M VC fund, Biz West]
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132 Colorado companies make U.S. ‘fastest growing’ list
Boulder-based InvitedHome was listed as Colorado’s fastest growing company, and the 28th fastest growing nationally on Inc.’s yearly list. In total, 132 Colorado companies made the yearly list of the 5,000 fastest growing privately held companies in the United States. [Built in Colorado]
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Galvanize is opening a coworking space in Austin, TX
Galvanize announced plans to open a new co-working space in downtown Austin, TX. The new offices will be in a still-under-construction tower, and will occupy three floors. The company opened a Seattle branch earlier this year. [Galvanize expands deep in the heart of Texas, Denver Business Journals]
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AppIt buys an Indian firm for its developers
Denver-based AppIt Ventures announced they had purchased Hyderabad-based Bravemount IT Solutions. AppIt Ventures said they had been struggling to find developers here in Colorado, so they bought the Indian company for access to its talent. [Seeking software developers, AppIt buys firm in India, Denver Post]
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SolidFire is moving into swanky new Boulder offices
The cloud storage company SolidFire said they are going to be moving their corporate headquarters to the still-under-construction PearlWest development. The new offices will be three times the size of their current space, and include amenities like a parking elevator. [Built in Colorado]
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SurveyGizmo Opened a European Data Storage Center
Boulder-based SurveyGizmo said they are opening their first European data storage center in Frankfurt, Germany. The company is continuing to expand in Europe, and already has a support office in London. By putting a data center in Germany the company is hoping to allay European fears of storing data in the United States. Thanks NSA. [SurveyGizmo Opens New Data Storage Center in Europe, Yahoo! Finance]
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Ex-DigitalGlobe CFO joins SendGrid team
The Boulder-based company SendGrid announced that the former CFO of DigitalGlobe would be joining their team as a CFO and COO. SendGrid is widely believed to be among the area’s top prospects for an IPO. [SendGrid adds former DigitalGlobe CFO Yancey Spruill to executive team, Biz West]