Friday July 18, 2014 0 comments
COLORADO - Colorado tech companies in the second quarter of 2014 raised $191 million in deal funding, nearly twice as much raised in the same quarter last year, according to a report by Built in Colorado.
So far this year, Colorado companies have raised a total of $281 million, a 56 percent increase over the first half of 2013, the report said.
The report said Datalogix, a company that curates audiences based on their purchases, raised the most money in the last six months with a $45 million round, bringing the company's total funding to $86.5 million.
Welltok, a health management platform that helps health care providers and payers reward their members for healthy behavior, raised the second-highest amount in the first six months of 2014 with $22.5 million.
The top seven companies raising more than $10 million so far this year are:
- Datalogix--$45 million
- Welltok--$22.5 million
- Ibotta--$20 million
- Galvanize--$18 million
- Orbotix--$15.5 million
- ProtectWise--$14.06 million
- Wayin--$13.1 million
Among the key exits in the first half of 2014 were Mercury Payment Systems, which was acquired for $1.65 billion; Accuvant, acquired for $225 million; and Gnip, acquired for $175 million, the report said.