Blue Medora Secures $8.6 Million in Series B Funding to Accelerate Adoption of Cloud Performance Monitoring

GRAND RAPIDS, Mich.–(BUSINESS WIRE)–Blue Medora, a leading innovator in software for enterprise cloud and data center management, today announced the close of an $8.6 million Series B round led by St. Louis-based Lewis & Clark Ventures. Blue Medora’s existing investors VMware, Inc., eLab Ventures, Start Garden and Grand Angels also supported the round, bringing Blue [...]

By | November 21st, 2016|

Aperia Technologies Accelerates Growth with $16 Million Capital Raise

BURLINGAME, Calif.--(BUSINESS WIRE)--Aperia Technologies, a clean technology company focused on innovation to increase transportation efficiency, today announced the company has raised $16 million to fund expansion. This funding, along with the company’s dedicated U.S. production facility and the U.S. Environmental Protection Agency (EPA) rule requiring fuel use reduction, provides significant traction for Aperia Technologies. “The [...]

By | November 16th, 2016|

How U.S. Manufacturing Is About to Get Smarter

Here’s a paradox of America’s highly automated, increasingly labor-independent manufacturing: While sophisticated, for the most part, it isn’t all that high-tech. Picture metal-stamping machines in an auto-parts factory that can easily have a long useful life of up to 40 years. Now picture the assembly line just outside Austin, Texas, where Samsung Electronics Co. makes [...]

By | November 16th, 2016|

State-backed program aims to grow Michigan’s VC talent pool

Reda Jaber could have gone in a few directions after graduating in 2014 from the University of Michigan with a trio of graduate degrees. But rather than go into medicine or clinical research, Jaber opted instead to pursue a career in the venture capital industry. Jaber, who has an MBA, connected with Birmingham-based IncWell LLC, a [...]

By | September 19th, 2016|

State of Michigan Awards $17 Million to American Center for Mobility’s Driverless Car Project

LANSING — Developers of a planned test bed for driverless cars at Willow Run in Washtenaw County won up to $17 million in state funding to build and operate the project, the state said Tuesday. The Michigan Strategic Fund, an arm of the Michigan Economic Development Corp., approved the funding for Willow Run Arsenal of Democracy Landholdings LLP, [...]

By | July 27th, 2016|

Insightful Article Featuring GM Chairman Mary Barra On The Future Of Cybersecurity In Connected Cars

DETROIT – General Motors Chairman and CEO Mary Barra on Friday called on the world’s auto industry to collaborate to develop cybersecurity standards to not only protect the physical security of vehicle owners, but also the personal data they increasingly transmit through the connected vehicle. “Cybersecurity protects physical safety, privacy and data,” Barra said at [...]

By | July 22nd, 2016|

In The Driverless Car Race, California Companies Have Eyes On Michigan

Several years ago, Praveen Singh made a bet on Detroit. The Silicon Valley technology startup he founded decided to market the advanced wireless systems it developed to the automotive industry. As the market for the technology grew, Singh and his small team at Arada Systems Inc., found themselves spending more time on airplanes, flying from [...]

By | July 18th, 2016|

Blue Medora Named One Of The 10 Coolest Cloud Startups

This startup that builds features and functionality onto VMware's vRealize cloud management platform got a boost last year when the virtualization giant participated in its $4.6 million Series A round. Around that time, Blue Medora also established its True Visibility Channel Program. The Grand Rapids, Mich.-based startup was founded in 2007, but an extension of [...]

By | July 8th, 2016|

Strata Raises $12 Million, Teams With Thermo Fisher For Cancer Trial Enrollment Push

Strata Oncology has raised $12 million and teamed up with Thermo Fisher Scientific ($TMO) to embark on a campaign to sequence the tumors of 100,000 cancer patients for free. The large-scale, no-cost tumor sequencing initiative is seen by Strata as a way to increase the number of cancer patients who are molecularly matched to clinical [...]

By | June 22nd, 2016|

Strata Oncology Enters Strategic Partnership With Thermo Fisher

NEW YORK (GenomeWeb) – Strata Oncology said today that it has raised $12 million in a Series A financing to fuel its tumor sequencing operations. The financing was co-led by Arboretum Ventures and Baird Capital, and included existing investor Michigan eLab. Ann Arbor, Michigan-based Strata said it will use the funds to implement the Strata [...]

By | June 22nd, 2016|