Weekly Refresh: Congruex Raises $48M, CO's Fastest-Growing Companies Ranked

August 19, 2019
photo via shutterstock

Inc. Magazine named the 5000 fastest growing companies, and Colorado did well for itself. Ranked are private companies who began generating revenue in 2015. Who made the cut? Pax8, Velocity Global, ThrivePass and Wishlist Rewards are just some of the many Colorado tech companies that scored a place on the prestigious list. [Built In Colorado]

Congruex raises $48.9 million to offer end-to-end services to broadband providers. Boulder's telecom engineering and construction company Congruex LLC has raised $48.9 million in its latest funding round, BizWest reports. The round brings the company, backed by New York City-based private equity firm Crestview Partners, up to $126 million raised over four rounds. [BizWest]

Riot Blockchain is looking for a new CFO. Castle Rock, Colo.-based blockchain company Riot has announced that its Chief Executive Officer, Jeffrey McGonegal, is being named interim Chief Financial Officer while the company searches for a new CFO. He replaces former CFO Robby Chang. [press release]

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