Several local companies announced new moves last week. From local hiring pushes to a fresh round of capital, read on to learn which names in tech are fueling growth. This is the Built In Atlanta weekly refresh.
Atlanta tech startups ranked on the latest Inc. Regionals list. Sorting into six regions across the U.S., Inc. listed the fastest-growing companies in the nation according to their overall growth from 2018-2020. Across all industries, 173 companies in the Southeast region were represented, many of which in the Atlanta metro. The top five local tech startups listed spanned sectors from business management to enterprise security. [Built In Atlanta]
Capital One expands in Atlanta. Planning to onboard hundreds of new tech roles, the fintech corporation is adding a new office location in Ponce City Market. The new facility will add to its existing Atlanta workforce in Lenox Square, and the hired talent will mainly span product management and engineering roles. The 15,000-square-foot location will support engineering efforts across cloud, data, machine learning and cybersecurity functions, and continues the trend of major companies announcing plans to go after Atlanta tech talent of late. [Built In Atlanta]
Atlanta Tech Quote of the Week
Walmart to open Atlanta tech hub. The retail giant is building out its Georgia footprint with a new tech hub in Atlanta for Walmart Global Tech, the company responsible for building the foundational technologies of Walmart’s store and platform. Walmart Global Tech is planning an initial 140 hires spanning data science and software engineering. Eventually, it plans to fill 5,000 new tech roles across Atlanta and Toronto. [Built In Atlanta]
Equifax acquired Data-Crédito. By adding the Dominican credit reporting agency to its ranks, Atlanta-headquartered Equifax will expand its cloud platform into the Dominican Republic. The transaction will provide financial institutions with insights into their consumers' financial profiles during the lending process, allowing them to extend further financial services opportunities to underbanked individuals. [Equifax]
Apptega raised $37M. Software developer Apptega announced a growth investment from Mainsail Partners. Its platform helps companies build, manage and report their cybersecurity and compliance programs. With the additional capital, the company will be able to expand its platform into new channels including managed security service providers. [Built In Atlanta]
Relay Payments expands its workforce. The fintech company provides an electronic payment network for the transportation, logistics, and supply chain industries. It’s looking to add 100 new people to its 140-person workforce by the end of the year across engineering, account executive positions and customer service. Relay Payments is building out its market share within the trucking industry within Atlanta’s bustling fintech and logistics scene. [Atlanta Business Chronicle]