BlueTrace, a software startup that provides traceability solutions for the seafood industry, has raised $4.3 million in seed funding to continue scaling its business…
SaaS
Funding
VETRO raises $7M in growth capital
VETRO, the Portland-based developer of cloud-based fiber management software for the telecommunications industry, last week announced it has raised $7 million in growth capital.…
News
Majesco acquires Portland insurance-tech firm ClaimVantage
Majesco, a New Jersey-based provider of insurance software, has acquired Portland-based ClaimVantage, a 14-year-old company that sells cloud-based software to insurance companies. Details of…
Founder Forum
Founder Forum: Chip Terry of Oyster Tracker
[Editor’s Note: Founder Forum, a series of Q&As with local startup founders, is sponsored by the Maine Technology Institute. Read more about MSI’s sponsored-content strategy here.]…
Funding
Guideline raises $85M to continue its tech-forward takeover of 401(k) industry
Guideline, the five-year-old tech company offering a software platform to allow small businesses to offer their employees retirement plans, recently raised $85 million as…
Funding
VETRO raises $1M as investors bet on growing demand for broadband services
(Editor’s Note: VETRO ended up raising $2.5 million this round. I’ve left the article as originally reported, though.) VETRO Inc., the Portland-based developer of…
Funding
Friday.app looks outside Maine to raise $450K
Friday.app, a Portland-based startup that is developing software tools to help distributed teams better communicate, has raised $450,000 in a pre-seed round from investors,…
Funding
Defendify raises $2M seed round to continue to scale
Defendify, a Portland-based cybersecurity software startup, has raised a $2 million seed round. Co-founded in 2017 by Rob Simopoulos and Andrew Rinaldi, the company…
News
Reflecting on Failure: Why Rapport, the sustainability SaaS startup that won Rise of the Rest, shut down
Rapport, the Portland-based startup that developed software to help businesses track their sustainability efforts, has shut down operations. John Rooks, the company’s co-founder and…