Conga announces plans to acquire document management company Octiv
Yesterday, Broomfield-based document automation company Conga announced it has entered into an agreement to acquire Octiv, a provider of cloud-based document solutions. The acquisition will add breadth and depth to Conga’s current offering of document management solutions, enabling customers to create, collaborate on and manage web-based documents while measuring engagement. [Press release]
Automox nabs $2M to close the loop on endpoint protection
Boulder-based Automox announced on Tuesday the close of a $2 million dollar funding round to help bring endpoint protection to the forefront of the cybersecurity conversation. The startup brings security patching and configuration processes into the cloud and automates them, making it easier for IT managers to keep their companies’ systems up to date. The round was led by Boulder-based Blue Note Ventures with participation from key leaders in the cybersecurity industry, many of whom will act as advisors to the business. [Built In Colorado]
Denver OED announces 2018 ScaleUp Network and Training Program cohort
On Monday, the Denver Office of Economic Development announced the participants of its 2018 ScaleUp Network at the Commons on Champa. ScaleUp is a six-month intensive training program designed to support fast-growing local startups and provide them with the mentors and resources to continue that growth. This year’s cohort includes seven local companies, four of which have developed technology platforms, including OverWatchID, Maxwell, Orderly Health and Bold Betties. [ColoradoBiz]
Travel tech startup Redeam closes $7.7M Series A, plans to expand Boulder office
Boulder-based travel tech startup Redeam announced this week that it raised $7.7 million in Series A funding to accelerate the growth and development of its travel tech platform — and the team behind it. Redeam’s technology enables businesses to automate and streamline the processing and reconciliation of ticket vouchers. The round was led by Vertical Venture Partners, with participation from key industry experts from companies like Orbitz, Expedia and Google Travel. [Built In Colorado]
BridgeSat launches satellite network operations center in Denver
Laser satellite communications provider BridgeSat announced this week the opening of its network operations center in Denver. The facility is the first in the world to be dedicated to free-space optical communications. The NOC will further position BridgeSat as a changemaker in its industry, shifting from traditional radio frequency solutions to faster and less expensive systems that utilize a laser-based ground network for low earth orbit and geostationary earth orbit satellites. [Press release]
