Through its Pre-Seed Fund, Connecticut Innovations (CI) is funding four startups. CI, a quasi-public corporation, is investing a total of $650,000 in digital media, mobile and information technology companies. Stamford-based eBrevia uses natural language processing to assist law firms. MedAdherence, [Full Story…]
Nine Teams Chosen to Compete in Connecticut Startup Pilot
March 6, 2012 at 9:37 am
From 33 original applicants, nine teams have been chosen to participate in a 10-week startup accelerator program in Connecticut as part of an investment pilot. Each team will be given $25,000 from Connecticut Innovations Inc. to help develop the company, as well as mentorship from professional [Full Story…]
Connecticut Allocates $100 Million for Tech Startups
February 14, 2012 at 9:22 am
According to the Hartford Courant, Clair R. Leonardi’s appointment as CEO of Connecticut Innovations will shift the state’s commitment to developing its tech sector into overdrive. Leonardi will oversee the investment of $100 million annually in tech startups. Up until now, the state has only [Full Story…]
Connecticut Launches $1 Million Fund for Tech Startups
January 27, 2012 at 2:21 pm
Connecticut’s technology investing arm has established a $1 million fund for high-tech startups. Connecticut Innovations Inc. said the fund is a 10-233k pilot to identify promising entrepreneurs and nurture them with capital, mentors and professional resources. Participating teams should be ready [Full Story…]
CT Teams Up with CI to Create High Growth Startups
January 15, 2012 at 4:26 pm
Connecticut has announced a joint five-year program with Connecticut Innovations Inc. promoting high-growth startups. Half of the funding--$125 million--was included in a jobs bill signed into law last fall. CI says it plans to match state funds with its existing cash and its investment [Full Story…]
LiveClips Receives $1M from Connecticut Innovations
August 17, 2011 at 5:03 pm
Connecticut Innovations (CI) announced this week that it has invested $1 million in live sports internet broadcaster LiveClips. LiveClips delivers in-game video clips to Internet-enabled device for smartphones as well as "personalized socially-enabled video content" to fans. According to TMCnet, [Full Story…]
Stamford, CT Considers Opening Startup Center
April 26, 2011 at 6:21 am
Stamford, CT is considering converting its Old Town Hall into a startup and entrepreneurship center. The hall was formerly a Clairol plant and has since been leased to NY's Chelsea Piers as a sports and entertainment complex. Old Town Hall would join many other incubators that have recently opened [Full Story…]
Westport Tech Start-Up Receives $500,000 State Grant
July 21, 2010 at 1:02 pm
Weston Software, a Connecticut based provider of IT solutions for CIOs and CTOs that recently moved from Southport to Westport, ireceived a $500,000 grant from Connecticut Innovations, the state's authority overseeing technology development.. The grant is designed to encourage [Full Story…]
Connecticut Innovations Funds IM@
March 15, 2010 at 8:14 am
High-tech investment company Connecticut Innovations , seeded by the State of Connecticut to invest in early-stage Connecticut technology companies, has provided CT-based Interactive Mobile @dvertising (IM@) with $500,000 in its first funding round. IM@ raised a total of $800,000 in the round, which [Full Story…]
Study Finds CT Tech Investment Firm Pays Off
February 1, 2010 at 7:16 am
A study conducted by the Connecticut Department of Economic and Community Development has revealed that Connecticut Innovations, a somewhat public technology investment company that was created more than 20 years ago by lawmakers, has been beneficial for the State's economy. The study analyzed [Full Story…]
Funding: Oberon, ZocDoc, Send Word Now, Execu, etc
October 8, 2008 at 3:28 pm
A periodic roundup of funding news from the NY-area tech media community: Gaming company Oberon Media raised $20 million from Infinity Equity's I-China Fund for Chinese expansion (Mediapost's Online Media Daily) ZocDoc, a site that allows appointments to be made with New York City doctors, received [Full Story…]
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