Funding
Fishtech Labs invests $3M in Overland Park security firm
Tech accelerator Fishtech Labs on Thursday announced its first major investment in Foresite, an Overland Park-based managed security provider. Founded by serial entrepreneur Gary Fish, the Kansas City-based accelerator is investing $3 million in Foresite, which offers cyber security and compliance services for businesses. Unlike most managed service providers, Foresite uses a “white label” approach…
Mid-America Angels set for second consecutive record-breaking year
The Mid-America Angels is poised to make 2016 a record-breaking year. The area investment group already has deployed $1.7 million via seven deals in the first six months of 2016, setting pace for its biggest year of investment in its ten-year history. In 2015, the firm set a record for its amount of capital deployed,…
With a fresh $2M, Athlete Network sets ambitious growth goals
Athlete Network has scored a slam dunk with a $2 million seed round raise. The Lenexa-based firm that created a social network for athletes announced Thursday it had closed its first funding round after bootstrapping for two years, Athlete Network CEO Chris Smith said. The platform aims “to keep athletes competing in life” by enabling…
Digital Sandbox expands to Independence, Mo.
Digital Sandbox KC is expanding into more surrounding Kansas City suburbs. The business incubator has partnered with the City of Independence and the Independence Economic Development Council to help early-stage entrepreneurs grow their businesses in the municipal directly east of Kansas City. Digital Sandbox — which provides up to $25,000 to area businesses for specific projects…
Survey: KC is sticky for startups with equity funding
A majority of Kansas City startups choose to maintain their hometown roots after they raise capital — even when the funds come from outside investors, a recent survey found. Of the companies that raised money in 2013 and 2014, 74 percent of them are still active and headquartered in the City of Fountains, according to…
