Colorado tech brought in almost $23M in February: here are the top 5 rounds

by Jess Ryan
March 1, 2016


While we are primarily remote, we do have a great office space located in beautiful downtown Denver right next to the 16th street Mall.
, $1.6 million, February 17th

Investors: Not disclosed

Bio: Flowhub created a state-of-the-art cannabis inventory management system to make compliance painless for growers and dispensary owners.

News: Flowhub was featured in a Vice News story about the 2016 presidential race’s impact on the cannabis business in Colorado. 



, $1.6 million, February 17th

Investors: Not disclosed

Bio: KULA is an enabling B2B technology company that drives meaningful brand loyalty. Through a process called democratized charitable giving, they put the choice of giving into the hands of consumers — and they give companies the power of engagement with their customers.

News: This funding comes after the addition of a new CMO in October of last year.



, $3.1 million, February 4th

Investors: Not disclosed

Bio: Sphero creates robots injected with humanity and personality. Unlike traditional toys, their robots and software are changing the way people play, learn, and explore by fusing emerging technology with the latest innovations in robotics.

News: In late February, Sphero revealed a new “battle-worn” version of their BB-8 product that also comes with a connected wristband. 



Located in the heart of the DTC right next to the Landmark Town Center, we have great access to restaurants, entertainment, and RTD commuting options
, $3.5 million, February 12th

Investors: Not disclosed

Bio: PAX8 is a next generation value added distributor (VAD) of cloud based applications for the IT industry. PAX8 provides value through a unified management platform for disparate cloud technologies allowing VARs and end users to more efficiently buy and use IT services in the cloud.

News: Pax8 recently announced an exclusive partnership with ProfitBricks for U.S. distribution. 



, $9.5 million, February 2nd

Investors: Crosslink Capital, Grotech Ventures

Bio: Boulder-based Parkifi provides small sensors that physically monitor parking spots’ availability and gives parking operators real-time data on their inventory.

News: Parkifi recently shared a use case for their product wherein brands can reward loyal customers with premium parking spaces.

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