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: 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.
Cary NC: This round includes an additional $200 million strategic investment from Sony that builds on the already close relationship between the two companies.
Highland Heights, KY: A new esports facility at Northern Kentucky University has opened doors for students to competitively play video games and receive scholarships.
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.
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.
Sunrise FL: Monaker Group announced that Reinhart Interactive TV, a Monaker-funded strategic partnership, has acquired a leading Interactive TV supplier, Hotplay
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.
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.
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.
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.
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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