“It’s basically to get us cash flow positive,” said CEO Krista Morgan. “It was mainly to give our bank partners comfort in working with us. It helps them to know we’re able to show a strong financial position.”
P2Bi raises another $2M
Startups
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Littleton firm raises $850K to populate Facebook feeds
A new app is flush with cash to create a catalog of images for social media accounts.
SendGrid halfway to unicorn status; valued at almost $500M
The fast-growing email company disclosed all sorts of nuggets – including HQ rent and pay for top execs – in more than 500 pages of SEC filings as part of a plan to sell shares to the public.
Revolar runs out of juice, closes Cap Hill HQ
After raising $6 million, the maker of a wearable emergency alert has closed and laid off a staff of 25.
Techstars accelerator raises $6M to push into Lone Star State
The funds will be used for a new accelerator in Texas geared toward companies solving social or environmental problems through tech.
Boulder entrepreneur raises $3M for college advertising software
Even though he’s out of the news business, ink still runs in Alex Kronman’s veins.
Funding abounds for app-connected dog collar
Just two days after starting its Kickstarter crowdfunding campaign, Boulder-based Waggit has already reached its goal and then some.
The Term Sheet: Startup funding roundup for September
The first month of fall brought in $361 million from Denver startups, led by a mammoth capital raise by an energy firm.
Upscale whiteboard startup takes two on Kickstarter
Eighteen months after launching, a Denver entrepreneur has released the second version of a stackable, 3-D handheld whiteboard for classrooms and boardrooms.
Tech startup hauls in $4.5M for ‘wealth management platform for your home’
With its latest influx of capital, a 2-year-old real estate software firm has set its sights on the national market.
