Tech roundup: JumpCloud and Silvernest land fundings, Apple acquires Longmont startup, and more

Written by April Bohnert
Published on Sep. 06, 2018
JumpCloud $10 million credit facility Colorado tech
Photo courtesy of JumpCloud.

JumpCloud secures $10M, plans to add more than 50 new engineers to its team

Boulder-based Directory-as-a-Service provider JumpCloud got a new injection of funding this morning, thanks to a $10 million credit facility from Comerica. The new funds come less than a year after JumpCloud closed a $20 million Series C and will help the company continue its rapid growth with the addition of more than 50 new engineers. Founded in 2012, JumpCloud is on track to nearly triple its headcount in 2018, an effort that will help accelerate the development of its technology. [Built In Colorado]

 

Silvernest Series A funding Colorado tech
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Silvernest lands $3M Series A to match Baby Boomers with roommates

Silvernest, an online roommate-matching platform for baby boomers and empty nesters, raised a $3 million Series A round today. The app is designed to help aging homeowners generate rental income from their houses and find compatible housemates for long-term home sharing, in order to stay in their homes longer and feel safer and more connected. The new capital will help the company grow its Boulder-based team, as well as its user base, and build out new features and functionalities of the platform. The Series A was led by Incenter, a Blackstone Group portfolio company, and brings the startup’s total funding to $4.45 million. [Press release]

 

Apple acquires Akonia Holographics Colorado
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Apple acquires Longmont-based Akonia Holographics

Apple confirmed it has acquired Longmont-based Akonia Holographics for an undisclosed amount. Founded in 2012, Akonia leverages its holographics technology to develop augmented reality glasses and holds more than 200 patents for its technology. The acquisition signals future plans by Apple to delve into the world of AR wearables and follows a long-time trend of the tech giant buying up smaller tech companies to utilize their technology in its products. [Reuters]

 

WeWork new space RiNo Colorado
Photo via social media.

WeWork to open fifth Denver location in RiNo

WeWork is expanding its footprint in Denver again — this time in the city’s River North neighborhood. The international coworking giant confirmed yesterday that it signed a lease to take over the 45,000-square-foot fifth floor of The Hub, a mixed-use building under development on Walnut Street. This is the fourth major expansion the company has made in the Mile High City this year: first, opening its third location in the Tabor Center; then leasing an additional four floors in the building; and most recently, signing a deal on a space in the Wells Fargo Center. [BusinessDen]

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