St. Louis Startup News: 5 Locals Nominated to Most Innovative List and Norse Hauls in Big Dept. of Energy Contract
5 St. Louisans Nominated to Most Innovative List
When the American City Business Journals publication Upstart put out the call for nominations for their inaugural Upstart 100, a list of the most creative and disruptive people in business, five St. Louisans made the nominations. The goal of the initiative? To identify 100 people who are reshaping the business world and staking claims as tomorrow’s giants. Nationally, nominations number into the hundreds. Here are the St. Louisans on the list: Brian Matthews, general partner at Cultivation Capital; Andrew Parham, CEO of Datu Health; Eliot Frick, CEO of Bigwidesky; Michael Palmer, founder of Code Red Education, and Mark Sawyier, CEO of Bonfyre.
Leisa Zigman leaving Channel 5
After 22 years as a reporter at KSDK Channel 5, Leisa Zigman is leaving the station. In December Zigman will assume the job of president of G-Corp, a non-profit that organizes a genome science and technology conference, Advances in Genome Biology and Technology.
With revenue of $2.2 million and expenses of nearly $2 million in 2012, the company will relocate from its current headquarters in Waltham, Massachusetts to co-locate with the BioGenerator at the Center for Emerging Technology at Cortex in Midtown.
Norse wins $1.9 million Department of Energy Contract
St. Louis-based cybersecurity startup Norse Corp. was named by the U.S. Department of Energy as the sole recipient of a contract for the company to protect critical infrastructure within the United States. The contract will last two years and is worth $1.9 million. As per the contract, Norse will work to provide services for the government’s Cybersecurity Risk Information Sharing Program (CRISP), a risk scoring system used by the DOE to confirm threats to energy-related critical infrastructure outlined in Presidential Policy Directive 21 and Executive Order 13636, as reported by SLBJ.
Inside T-REX’s New 5th Floor Co-working and Event Space
With T-REX’s 5th floor completed, St. Louis Business Journal featured a video tour of the facility. For a look at the video, visit the St. Louis Business Journal.
Cultivation Capital Leads TrackBill’s $1 Million Financing Round
TrackBill, the St. Louis-based startup that developed a legislative tracking platform to keep track of bills as they moved through the process of government, has completed its seed funding round after raising more than $1 million from a group of investors led by Cultivation Capital.
TrackBill co-founder Steven Marciniak said the money is being used to expand TrackBill’s sales and marketing efforts nationwide. The money includes previous investments TrackBill received from Cultivation Capital in mid-2013, which amounted to $500,000 at that time. Most of that money went to expand the company’s tracking capability in all 50 states and Congress in 2013. TrackBill’s platform is offered for anywhere from as little as $499 per year to as much as $1,499 per month state-specific plan, depending on whether you want a state-specific plan or unlimited tracking in all states and Congress.
Gremln gets $500,000 from Cultivation Capital
Examples of companies executing inappropriate tweets are all too common. Gremln, a St. Louis-based startup developing software for social media management in the financial services industry, has secured another $500,000 in funding from Cultivation Capital. CC general partner Tim Stern will join Gremln board of directors as part of the deal. To date, the company has raised nearly $2 million. While the company does not disclose revenue figures, Gremln President Ryan Bell was quoted as saying Gremln has grown roughly 500 percent from early 2013 to now.
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