Funding and Investment

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Business, Economic Development, Free News Articles, Funding and Investment, Government, Real Estate

Pompano Beach CRA and Urban Land Institute Symposium to Reveal Half Billion Investment Opportunity

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POMPANO BEACH, Fla. — The Pompano Beach CRA has partnered with the Urban Land Institute to host a unique symposium outlining the $500 million investment opportunity available for developers in the Pompano Beach Innovation District. Nationally recognized redevelopment experts and invested developers will provide comprehensive details about the last 24 acres of undeveloped parcels in Broward County with prime visibility from I-95.

Business, Free News Articles, Funding and Investment

Mortgage Automation Pioneer cloudvirga Raises $15 Million in Series B Funding

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IRVINE, Calif. — Cloudvirga(SM), developer of the automated, cloud-based intelligent Mortgage Platform(R) (iMP), announced today it has raised $15 million in a series B funding round led by Incenter, a Blackstone Group portfolio company. The new funding will support cloudvirga as it scales its technology and expands its product offerings.

Business, Free News Articles, Funding and Investment, Insurance

Level Funded Health Selected For Plug and Play Insurtech Program

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BOCA RATON, Fla. — LevelFunded Health is excited to announce that it was recently selected as one of the new top innovative insurance businesses by one of Silicon Valley’s most active venture group, Plug and Play. The 12-week program connects promising start-ups, early and growth stage companies, to some of the world’s largest insurance corporations.

Business, Free News Articles, Funding and Investment

FENDER FRIEND LLC Offers Autonomous App to Licensors and Automotive OEMs

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NEW YORK, N.Y. — New York-based FENDER FRIEND LLC is pleased to offer the autonomous app Fender Friend(TM) for licensing, effective Feb. 1, 2017. The Fender Friend seeks to provide older model vehicles with capabilities such as automatic braking and parking assistance, as just two examples of amenities currently standard in newer automobiles.

Economic Development, Free News Articles, Funding and Investment, Reports and Studies

RMA’s Kim Briesemeister Featured in IDA’s Top Issues Council Report

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POMPANO BEACH, Fla. — The International Downtown Association recently released their first six Top Issues Council reports, which feature industry leaders who produced in-depth research briefs on top urban issues. Kim Briesemeister, principal of Redevelopment Management Associates, served on the Public-Private Partnerships Council.

Free News Articles, Funding and Investment, Software

Utelogy Corporation Successfully Completes Series A Private Equity Offering

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LOS ANGELES, Calif. — Utelogy Corporation, creator of enterprise audio/visual control, management, services and analytics software for use in higher education and enterprises announced that it has successfully closed a fully-subscribed, private equity offering with a small group of private Accredited Investors at an undisclosed value. Funds from this offering will support the company’s current growth trajectory including software developers and additional support staff.

Free News Articles, Funding and Investment

Bank of Southern California N.A. Announces $7 Million Capital Offering

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SAN DIEGO, Calif. — Bank of Southern California N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that it has signed a stock purchase agreement for a private placement of $7 million of the Bank’s common stock with Castle Creek Capital, based in Rancho Santa Fe, California. The transaction is anticipated to close in the fourth quarter, subject to regulatory approvals and other standard closing conditions.

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