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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.
Durham NC: E-commerce Startup Spoonflower Bought by Shutterfly for $225 Million
Posted June 17, 2021
Source: The News & Observer

Durham NC: Spoonflower, which sells custom fabric and runs a marketplace for designers, was bought by Shutterfly, where users store photographs and buy printed products.

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Nashville TN: Phosphorus Cybersecurity Opens New Global Headquarters
Posted June 16, 2021
Source: City Biz

Nashville TN: Phosphorus Cybersecurity, which provides full scope security for IoT devices, announced the opening of its new global headquarters in Nashville’s Gulch.
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Melbourne FL: Tomahawk Robotics Awarded $4,132,540 Contract Marine Corps
Posted June 15, 2021
Source: PR Newswire

Melbourne FL: Tomahawk Robotics was awarded the Radio Agile Integrated Device (RAID) Program through the Marine Corps Warfighting Laboratory (MCWL).
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Louisville KY: JBS Paid $11 Million to Resolve Ransomware Attack
Posted June 14, 2021
Source: Wall Street Journal

Louisville KY: JBS USA Holdings paid an $11M ransom to cybercriminals who temporarily knocked out plants that process roughly one-fifth of the nation’s meat supply.
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Greenville SC: Greenville Company Develops Site Selection App
Posted June 11, 2021
Source: GSA Business Report

Greenville SC: Site Shepherd allows users to screen, score and financially assess location data for optimal locations for new businesses from anywhere in the world.
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Atlanta GA: Automotive Ventures Closes Inaugural Fund
Posted June 10, 2021
Source: Auto Remarketing

Atlanta GA: Automotive Ventures supports automotive technology entrepreneurs, businesses and investors with industry-specific resources, strategic consulting and connections.
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Charlotte NC: Honeywell to Invest Up to $300M in Quantum Computing Joint Venture
Posted June 09, 2021
Source: WRAL TechWire

Charlotte NC: Honeywell is upping its bet on the business future of quantum computing, combining its own group with UK-based Cambridge Quantum Computing.
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Atlanta GA: Background Screening and Verifications Firm Raising $100M in IPO
Posted June 08, 2021
Source: Times News Express

Atlanta GA: First Advantage Corp. filed plans for an IPO saying it has experienced consistent organic revenue growth driven by increasing demand by corporate customers.
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Louisville KY: Weather Platform Climavision Receives $100M Strategic Investment
Posted June 07, 2021
Source: aiTechPark

Louisville KY: Climavision is a pioneering weather services and intelligence platform to vastly improve the timing and accuracy of weather forecasting and surveillance.
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Birmingham AL: Help Lightning Adds $3M in Growth Equity to Series A Round
Posted June 04, 2021
Source: AP & PR Newswire

Birmingham AL: Help Lightning’s next-gen platform uses augmented reality to virtually place an expert on-site anytime, anywhere through a patented merged reality feature.
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Atlanta GA: LifeQ Secures $47 Million Investment Funding
Posted June 03, 2021
Source:  BioSpace

Atlanta GA:  LifeQ, the preeminent provider of biometrics and health information derived from wearable devices, has secured $47 million from top investors around the world.
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Clearwater FL: Tech Data to Launch Financing Arm in APAC by 2022
Posted June 02, 2021
Source:  Channel Asia

Clearwater FL: Tech Data is set to launch Tech Data Capital, a finance company that offers leasing and financing for its technology solutions, in the Asia Pacific region next year.
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