Colorado tech closes 2016 with $20M in December funding. Here are the top 5 rounds

December 30, 2016

It’s been a slower year for funding, but Colorado tech companies still managed to raise rounds from investors this month. In total, Colorado tech closed December with $20 million in funding — including an additional $2.8 million from one of last month’s biggest rounds.


5. Maxwell Financial Labs, $1.95 million, Dec. 14

Investors: MATH Venture Partners, Techstars Ventures, Zelkova Ventures and Sovereign’s Capital.

What they do: Maxwell’s digital platform connects loan officers with homebuyers by automating their workflow and giving homebuyers access to an easy-to-use online portal.

Recent news: Maxwell graduated from Techstars Boulder this summer, after which they moved into a downtown Denver office building home to a number of other Colorado tech companies.


4. Choozle, $2.4 million, Dec. 22

Investors: Not disclosed.

What they do: Choozle’s programmatic adtech platform makes it easier for ad professionals and marketers to buy digital ads using targeted data.

Recent news: Choozle was named among the Denver Business Journal’s best places to work earlier this year.


3. VictorOps, $2.8 million, Dec. 20

Investors: Shea Ventures, Foundry Group and Costanoa Venture Capital.

What they do: VictorOps runs an incident management platform that provides real-time information to DevOps and IT teams.

Recent news: After announcing a $12.2 million round at the end of last month, VictorOps closed their Series B in December with an additional $2.8 million, for a total of $15 million.


2. Swimlane, $3 million, Dec. 29

Investors: Not disclosed.

What they do: Swimlane’s automated security programs help enterprise customers discover and resolve security threats quickly and efficiently.

Recent news: The company won a MongoDB Innovation Award earlier this year in recognition of its enterprise security capabilities.


1. TRELORA, $4.3 million, Dec. 27

Investors: Not disclosed.

What they do: TRELORA connects homebuyers with homes for sale by the owner. Both the buyer and seller get full real estate representation, but neither has to pay commission (they pay a one-time fee of $2,500 instead).

Recent news: TRELORA was featured in Entrepreneur Magazine’s Entrepreneur 360 report earlier this year.


Photos via featured companies and social media.

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