Denver-based compliance software startup Convercent has raised $11 million as it prepares to increase its workforce by a third.
Software startup raises $11M
Startups
Welcome to Business Den’s coverage of the startup scene in Denver. Our daily coverage of business news includes coverages of the latest innovative startups in the area. Whether you’re a local entrepreneur looking to stay ahead of the curve, or simply interested in the local startup community, our coverage will keep you informed, engaged, and up to date.
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Local entrepreneur creates ‘valet’ storage service
Cameron Smith is betting that all those Denver transplants moving into smaller and smaller dwellings will need a separate place to squirrel away those skis and mountain bikes. And snow tires.
Brothers inflate balloon business to 14 states; hate helium
This is no child’s play: Two local brothers found a niche making sturdier balloons that float above car lots and apartment rental offices.
Eco-friendly box company triples warehouse space
A fast-growing Colorado packaging company just sealed a big expansion deal.
Dating app lands $800K in fresh capital; looks to add Portland to its practice
A dating app for singles that prefer meeting people while stretching instead of swiping has raised $820,000 as it contemplates pushing into Portland, Ore., this fall.
The Term Sheet: Startup Funding Roundup for May
Startups selling tools to keep data from getting hacked and beer from going flat were among those claiming a slice of the $45 million invested in Colorado startups last month, according to a tally of SEC filings. BusinessDen’s monthly survey of SEC Form Ds found that Denver startups raised $20 million, and Boulder startups raised… Read more »
Sex-toy startup fails to excite; winds down in bankruptcy
Boulder Applied Physics, which sold adult play things under the brand name Orgasmatronics, was the four-year startup dalliance of a Yale Ph.D. physicist, a web designer and a medical researcher.
Keg maker plans to tap into a potentially huge new market
The makers of a beer keg built to fit in your refrigerator door are tapping a $2 million capital raise to start serving a new market: Breweries.
Cybersecurity firm raises $4M, adds U.K. office
After acquiring a United Kingdom-based competitor in October, a Denver cybersecurity company has raised $4 million as it expands overseas and keeps developing its software.
Cybersecurity company wants to add a Colorado Springs location
SecureSet Academy has secured more than half its goal of $950K for expansion; classes would start in the fall.
