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Technology

Utah Money Watch provides perspective and contextual insights on all financial aspects of the Technology marketplace within Utah, from A.I. to blockchain and from SaaS to Consumer Electronics.

Three Utah Firms — Paiv, Paramify, and Paterna Biosciences — Have Raised a Combined $14.5 Million in Seed Round Funding

Three Utah Firms — Paiv, Paramify, and Paterna Biosciences — Have Raised a Combined $14.5 Million in Seed Round Funding

How it is that each of these three firms have names that start with the letters "Pa," I cannot say. Nevertheless ... Two Lehi-based firms, Paiv (formerly Gamify) and Paramify, have raised $5.0 million and $3.5 million, respectively, while Salt Lake City-based Paterna Biosciences raised $6.0

For the Sixth Time, Utah-based AdvancedMD is Getting Bought Again, this Time for $1.1 Billion

For the Sixth Time, Utah-based AdvancedMD is Getting Bought Again, this Time for $1.1 Billion

Some 25 years after its founding, South Jordan, Utah-based AdvancedMD is changing hands in a $1.1 billion transaction as it's being acquired, again, by leading private equity firm, San Francisco, California-based Francisco Partners from Global Payments (NYSE:GPN). Launched in 1999 with a client/server software application

"Global Chaos" — The Inflection Point Driving the Coming Transformation of Utah's Quiet, yet Decades-Old, Emerging Ecosystem that will be at the Center of the Next Business Revolution in the "State of Deseret"

Welcome to this 3,500-word Report, the longest ever published by Utah Money Watch. We share this today because we believe the information reported on today, along with the implications contained herein, potentially portend a massive transformation for the business ecosystem in Utah. As such, we welcome your feedback and

Dan Caffee's Contrarian Approach to Sales Process Enablement Lands Sandy, Utah-based Voze $12 Million in Series A Funding

On the surface, this week's funding announcement from Sandy, Utah-based Voze was fairly straightforward: "Voze Secures $12 Million in Series A Funding to Supercharge Field Sales Teams in Industrial, Manufacturing, and Construction." But it was this phrase from the "lede" paragraph — "... empowering sales

Roughly Nine Months after Being Named Executive Chairman of Beyond, it's Clear that Marcus Lemonis is the "Man in Charge" as Beyond Unveils Five Major Announcements / Initiatives in the Past Six Weeks

Roughly Nine Months after Being Named Executive Chairman of Beyond, it's Clear that Marcus Lemonis is the "Man in Charge" as Beyond Unveils Five Major Announcements / Initiatives in the Past Six Weeks

What are these five major announcements / initiatives? ONE: A global licensing program; TWO: A Strategic Partnership with, and a $40 million investment in, The Container Store; THREE: A Strategic Partnership with, and up to $25 million in investments into, Kirkland's, including with four separate financial agreements with the

NEWS BRIEF: Sweden's Hexatronic Begins Operations at its New $30 Million Production Facility in Ogden, Utah

NEWS BRIEF: Sweden's Hexatronic Begins Operations at its New $30 Million Production Facility in Ogden, Utah

Gothenburg, Sweden-based Hexatronic Group has begun operations in its newest production facility, a manufacturing plant located in Ogden, Utah. According to the Hexatronic news release, the company spent ~$30 million over the past 16 months (through its Lexington, Kentucky-based subsidiary, Blue Diamond Industries), to build-out and equip this new 38,

Salt Lake City-based Vanilla Lands $35 Million in New Investment Round

Salt Lake City-based Vanilla Lands $35 Million in New Investment Round

With over $84 million raised since its 2019 founding, Vanilla helps wealth advisors, planners, and attorneys (and their firms) manage and maximize their estate planning efforts with a purpose-built SaaS platform that now serves over 10,000 end-clients with net worths ranging from $1 million to over $1 billion. Leading