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Technology business news from the Southeast states of Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee in support of a regional Community of One.
Nashville TN: Oracle to Bring 8500 Jobs, $1.2B Investment
Posted April 19, 2021
Source: Associated Press

Nashville TN: In a statement, Oracle said it’s meeting demand for its cloud product by building new digital hubs in cities with well-educated workforces and that draw top-tier talent.
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Cary NC: Epic Games Raises $1B for Long-term Metaverse Plans
Posted April 16, 2021
Source: Venture Beat

Cary NC: This round includes an additional $200 million strategic investment from Sony that builds on the already close relationship between the two companies.

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Highland Heights, KY: Northern Kentucky University Debuts New eSports Arena
Posted April 15, 2021
Source: WCPO.com

Highland Heights, KY: A new esports facility at Northern Kentucky University has opened doors for students to competitively play video games and receive scholarships.

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Miami FL: Elder Tech Company, Papa, Raises $60M Led by Tiger Global
Posted April 14, 2021
Source: Data Center Post

Miami FL: Papa, the elder tech company that offers care and companionship to seniors, announced a $60 million Series C bringing its total raised to date to $91 million.

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Montgomery AL: Hyundai Sets Digital ‘Premiere’ for Santa Cruz
Posted April 13, 2021
Source: AL.com

Montgomery AL: Hyundai has set an April 15 “Digital World Premiere” for the “segment shattering” new pickup alternative it’s building in Montgomery.

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Atlanta GA: UPS Buying Electric Cargo Copters for Speedier, Greener Deliveries
Posted April 12, 2021
Source: Forbes

Atlanta GA: Deliveries of the first ten Beta electric Vertical Takeoff and Landing (or eVTOL) vehicles begin in 2024, says UPS, which has an option to buy 150.

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Sunrise FL: Monaker Group Partnership Acquires Digital TV Technology Provider Hotplay
Posted April 09, 2021
Source: Martechseries.com

Sunrise FL: Monaker Group announced that Reinhart Interactive TV, a Monaker-funded strategic partnership, has acquired a leading Interactive TV supplier, Hotplay
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Charlotte NC: Local Startup Lands $500K Investment on ‘Shark Tank’
Posted April 08, 2021
Source: WSOC TV

Charlotte NC: Phoozy, maker of thermal capsules for mobile phones and other small tech accepted an offer of $500,000 for an 8% stake in the company from Greiner and Herjavec.
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Atlanta GA: Data Center Provider Secures $187 Million in Financing
Posted April 07, 2021
Source: Data Center Post

Atlanta GA: DC BLOX, a leading provider of interconnected multi-tenant data centers throughout the Southeast secured funds from Bain Capital and Post Road Group.
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Tampa FL: Opswat Expands Infrastructure Protection, Raises $125 Million
Posted April 06, 2021
Source: Venture Beat

Tampa FL: Opswat would appear to be primed for growth when taking into account the recent spate of attacks on critical infrastructure including electricity, gas, and water systems.  
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Nashville TN: SwRI to Develop AI-based Traffic Solutions for Tennessee DOT
Posted April 05, 2021
Source: Southwest Research Institute

Nashville TN: Southwest Research Institute, in collaboration with Vanderbilt University, is developing machine learning algorithms to help traffic management and incident response.
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Charlotte NC: Stock Trading App Robinhood To Expand into Charlotte
Posted April 02, 2021
Source: WCCG Charlotte

  Charlotte NC: Trading firm Robinhood is expanding operations to Charlotte which will create nearly 400 new jobs with the company investing $11.7 million to establish the office.
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