Spire Digital heads to Cap Hill
After having been in RiNo since 2011, software development shop Spire Digital announced this week they’ll be moving to a new office in Capitol Hill at 9th and Lincoln. The company will relocate all of its 40-person team to the new space, which was previously home to an architecture firm. The space is currently 6,500 square feet, but they hope to add on to the building to create a total area of 8,500 square feet. They expect to move into the new building by the end of July. [BusinessDen]
DigitalGlobe acquired for $2.3B
Last week, Westminster-based geospatial services provider DigitalGlobe announced they’re being acquired by Canadian communications company MacDonald, Dettwiler and Associates Ltd. (MDA) for $2.4 billion. The deal will combine both companies’ space-related capabilities, including satellites, robotics, data analytics and communications. [Built In Colorado]
Dropoff launches in Colorado
Austin-based delivery-on-demand startup Dropoff launched in Denver this week. The service handles last mile same-day delivery for brands like Neiman Marcus and Airbnb, also offering a courier-style service for small businesses. The company’s presence in Denver spans from Arvada to Centennial, covering the entire metro area. [Press release]
Cherwell Software raises $50M
Colorado Springs IT services manager Cherwell Software announced this week they’ve raised $50 million in funding from private equity firm KKR. The investment comes through KKR’s Next Generation Technology Fund, a fund dedicated to investing in digital tech, including software, security and digital media. The company plans to use the funds to accelerate their research and development efforts and to make strategic investments in other companies. [Built In Colorado]
Cuban startups attend mini-accelerator in Boulder
Through an organization called the Cuba Emprende Foundation, three Cuban startups are in Boulder to participate in a two-week accelerator program led by Boomtown, with participation from Techstars. The entrepreneurs will learn about product design, marketing and more while they’re in town. [Daily Camera]
Zayo acquires Electric Lightwave for $1.42B
Boulder-based fiber web giant Zayo Group announced this week they’ve closed their acquisition of Washington State-based Electric Lightwave for $1.42 billion. Through the deal, the company hopes to expand their fiber network along the West Coast. [Press release]
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