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.…
software
Funding
HighByte raises $3.5M seed round with industrial software product
HighByte, an industrial software company based in Portland, today announced the close of a seed financing round that will fuel its next phase of…
Funding
RockStep Solutions raises $2M in equity financing
RockStep Solutions, an early-stage company in Portland developing laboratory-management software, recently raised $2 million in a priced equity financing round. The company’s software product,…
News
DAVO Technologies acquired by Seattle firm
DAVO Technologies, a software company based in Westbrook that helps small businesses automate the collection and payment of sales tax, has been acquired by…
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
Reconnect raises more than $3M to drive innovation in criminal justice system
Reconnect, a Portland-area company, has raised $3.7 million to fund its continued development of software and hardware designed to improve outcomes for individuals in…
News
Local fintech company releases AI-enabled software to help lenders interact with financially stressed borrowers
Constant Energy Capital, a Falmouth-based financial services company that originates and services home-improvement loans, has released an AI-powered software platform to help banks and…
News
HighByte releases first software product to help companies adopt ‘smart’ manufacturing
HighByte, a Portland-based software startup, last week reached a milestone when it released its first product—software that seeks to address the next-generation data architecture…
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…