SALT LAKE CITY--(BUSINESS WIRE)--Recursion Pharmaceuticals today announced its $12.9 million Series A round of funding, led by leading deep technology investor Lux Capital, with participation from Obvious Ventures, Epic Ventures,Data Collective, AME Cloud Ventures, Wild Basin Investments, and several prominent angel investors. Recursion has built a proprietary drug discovery platform that combines the best elements of high-throughput biology and automation with the newest advances in Artificial Intelligence (AI). The company has already identified novel uses for known drugs, bioactive compounds, and shelved pharma assets in the space of rare genetic disease. With its Series A funding, Recursion will develop its next-generation “Platform 2.0” – to scale its endeavor from the exploration of dozens of targets and diseases per year to thousands.
SALT LAKE CITY, UT—September 30, 2016—Simplus, a Salesforce Consulting Partner and leader in Salesforce Quote-to-Cash implementations, today announced it has raised more than $7M in a Series A funding round led by Epic Ventures with participation from Salesforce Ventures and others. Simplus also today announced its acquisition of BaldPeak Consulting, a provider of quote-to-cash services. The funding and acquisition will help Simplus expand its implementation services to additional Salesforce Quote-to-Cash ISV partners.
-(BUSINESS WIRE)--Everspin Technologies, Inc. has announced that its most advanced ST-MRAM technology will be available as an embedded memory through its relationship with GLOBALFOUNDRIES. With the GLOBALFOUNDRIES announcement of 22FDX eMRAM based on Everspin’s ST-MRAM technology, customers will have access to memory that offers the benefit of working memory (SRAM) combined with code storage (Flash), enabling system designers to take advantage of our latest NVM memory technology.
An investor would be crazy to ignore Utah today, where the Silicon Slopes — a stretch of cities along the Rocky Mountains, from Ogden in the north to Provo in the south and Salt Lake City in between — has emerged this decade as a hotbed of tech entrepreneurship, plucky start-ups and impressive software companies worth at least $1 billion on paper.
Epic portfolio companies Solutionreach, Alliance Health, Simplus and Health Catalyst make the list! Congratulations!
Container pioneer and Sun alumni lair Joyent has been bought by Samsung.
Since the buyer is a world-spanning industrial powerhouse, the acquisition is too small for Samsung to have to talk about the price.
Joyent's probably most famous as the first corporate steward of node.js and one of the language's largest users. It's also got containers-as-a-service under the Triton brand, and the Manta object-storage-as-a-service.
From Joyent's point of view the rationale behind the deal is simple. As CEO Scott Hammond – formerly of Cisco, not Sun – says, it's about scale: Joyent lacks it and Samsung has it in spades.
Samsung is also going to become an “anchor tenant” for Triton and Manta, Hammond writes, before drifting off into the inevitable corporate-speak about a “culture of innovation and technical excellence”.
As reassurance for customers who regularly see products consigned to the bin after acquisition, Hammond promises a strong future for Joyent's technology.
SALT LAKE CITY, May 24, 2016 /PRNewswire/ -- SilverVue®, provider of patient transitional care technologies, announced today an institutional financing round led by Pritzker Group Venture Capital and GE Ventures. Other participants in the round include Epic Ventures.
SilverVue's patient choice platform called SilverSearch is used in hospitals to help patients choose their post-acute care provider based on CMS ratings, zip codes and insurance plans. Patients can now easily select service providers on SilverVue-provided tablets based on the specialized care they need as they leave the hospital, such as long-term acute care, inpatient rehabilitation, skilled nursing or home health services. The platform is simple for both patients and case managers to use, ultimately improving the patient's experience and increasing their engagement when transitioning out of the hospital, even as it reduces costs.
Health Catalyst, a leader in healthcare data warehousing, analytics and outcomes improvement, announced that healthcare IT veteran Anita Pramoda has joined the company's Board of Directors as an independent board member and a member of the Audit Committee.SALT LAKE CITY, April 28, 2016 /PRNewswire/ --
HG Data said Thursday it raised $12 million in Series B funding. Investors includeUpdata Partners as well as early investors Rincon Venture Partners and Epic Ventures. Santa Barbara, California provides competitive intelligence for installed technologies.