Tech roundup: T-Mobile acquires Layer3 TV, Threat X raises $7M and more

by April Bohnert
December 14, 2017
Layer3 TV acquisition T-Mobile Colorado
Photo courtesy of Layer3 TV.

Denver-based Layer3 TV to be acquired by T-Mobile

Yesterday, Wi-Fi-enabled cable TV provider Layer3 TV announced that it had signed an acquisition agreement with wireless carrier T-Mobile. Together, the companies plan to launch a new TV service in 2018 that takes on the traditional cable and satellite TV companies that currently dominate the industry.  [Press release]

 

Threat X funding news Colorado
Photo via social media. 

Threat X closes more than $7M in funding

Boulder-based startup Threat X submitted an SEC filing this week for a $7 million equity funding. The company’s team of white hat hackers and IT professionals develop cybersecurity products designed to stay one step ahead of cyber attackers, identifying and neutralizing threats in real time. Threat X recently moved its headquarters from Austin to Colorado, where it plans to expand its technical team.

 

Ibotta new CMO Colorado
Photo courtesy of Ibotta.

Ibotta announces Sujit Majmudar as new chief marketing officer

Ibotta brought on a new leader this week, adding Sujit Majmudar as its next CMO. Majmudar most recently served as senior vice president of customer experience at Denver-based Caribou Coffee. He brings with him an eclectic resume, having held leadership roles in merchandising at lululemon and J.Crew and spent time as a financial analyst at Goldman, Sachs & Co. [Press release]

 

Alchemy IoT seed funding launch Colorado
Photo via Shutterstock.

Alchemy IoT launches AI platform with $4M seed round

IoT technology continues to garner attention from investors and tech lovers alike, with the latest round of funds going to Lafayette-based Alchemy IoT. The company specializes in IoT asset tracking in industrial environments and utilizes artificial intelligence and machine learning to make data science more accessible to small and mid-sized industrial businesses. The investment came from Aweida Venture Partners and local angel investors. [TechRockies]

 

Orbital Micro Systems partnership Colorado tech news
Photo via Shutterstock. 

Orbital Micro Systems announces partnership with Satavia to improve flight safety

Local space system application and satellite developer Orbital Micro Systems made a big announcement this week at the American Geophysical Union’s fall conference in New Orleans. The company signed a contract with UK-based Satavia, which provides environmental insights on atmospheric contaminants to improve safety, performance and operating costs in aviation. Through the partnership, OMS will deliver improved satellite data to the company through its use of small, agile fleets of satellites. [Press release]

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