SyncHR announces $16M funding to expand cloud HR platform
Denver-based SyncHR, creator of a cloud-based HR platform, announced the recent closing of a $16 million funding this week. The company plans to use the new capital to continue driving rapid growth, which it hopes to achieve by expanding its customer success and go-to-market teams and investing further in product development. [Built In Colorado]
FORTRUST announces $128M acquisition by Boston-based Iron Mountain Inc.
Denver-based data center FORTRUST is being bought by a Boston data backup and document management company for $128 million. The acquisition provides Iron Mountain Inc. with a strategic advantage to serve clients in both the eastern and western regions in the company. [Denver Business Journal]
CyberGRX expands senior leadership team with 3 new hires
Cyber risk management provider CyberGRX announced the addition of three new senior leaders to its team this week. The company brought on Bryan Gale as chief product officer, Justin Bryant as vice president of engineering, and Liesl Geier as senior director of marketing. The hires come hot on the heels of a $20 million Series B funding, which CyberGRX closed in April and plans to use to drive continued growth. [Press release]
DigitalGlobe shareholders give thumbs up for merger with MDA
DigitalGlobe, provider of earth-imagery products and services, received the go ahead this week from shareholders to proceed with a proposed merger with MacDonald, Dettwiler and Associates Ltd. The merger with MDA will expand DigitalGlobe’s current offering, allowing them to tap further into the global communications and information space. The transaction is expected to close near the end of the third quarter of 2017. [Press release]
SpotX names Anthem Sports’ exclusive video ad serving partner
This week, Anthem Sports and Entertainment Corp. appointed Denver-based SpotX as the exclusive video ad serving platform powering the growth and monetization of its various media properties. The company owns a number of niche sports channels including Fight Network, FNTSY Sports Network and IMPACT Wrestling. [Press release]
Photos via featured companies, social media, and photographer Nick Cote.
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