Sistahbiz Loan Fund launched. Makisha Boothe started the loan fund to help black women launch their businesses. Loans will range from $500 to $50,000 with interest rates between 7 and 12 percent for up to five years. [Denver Business Journal]
Zayo Group closed $14.3B acquisition. The company is a large-scale bandwidth provider based in Boulder. The deal with Digital Colony Partners and EQT Infrastructure IV Fund means it’s once again a private company after going public in 2014. [Built In Colorado]
Three Colorado startups gained funding from Rockies Venture Club. Buderflys, Vaporox and TiLT all received undisclosed amounts. RVC has made about 120 investment rounds in about 50 companies since it started in 2014. [Colorado Inno]
QRails raised $8M. The fintech startup offers a platform with an open API to allow financial service businesses to process payments more efficiently. EFM Asset Management led the Series A round. [Built In Colorado]
Orchard added new features. The home-buying marketplace launched new Home Match and Photo Switch features. The former offers a quiz for more specific home features, such as bedroom size, to refine a search, while the latter uses machine learning to show the most relevant photo to users depending on their search. [PRNewswire]
