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Friday April 24, 2015

Contributors: Business - The Startup Line

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    Wednesday Apr 15, 2015 | 5:30 am

    San Francisco startup picks Portland as development hub

    – A San Francisco-based software startup has planted its flag in Portland, choosing the city as its East Coast beachhead and home to its nascent development team. The startup, called Figly, has hired local software engineer Elliot Murphy to open “Figly East” in Portland. Murphy, Figly’s new VP of engineering, has a budget to hire three senior software developers, with more expected as the company scales up. Murphy is joined […]

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    Thursday Apr 09, 2015 | 1:07 pm

    Google thinks Orono startup has what it takes to change the world

    Susan MacKay thinks her company can help solve Earth’s water crisis … and Google thinks she might be right. Google executives recently picked MacKay, CEO of Orono-based Cerahelix, as a finalist in its global competition for world-changing ideas — a contest the Silicon Valley giant calls “Solve for X.” MacKay’s “moonshot” — the term Google uses to describe these Earth-shattering ideas — is to tackle the global issue of water scarcity by using nanotechnology to develop a new […]

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    Monday Apr 06, 2015 | 5:00 am

    Edison Liu on the art and science of creativity, and how Maine can harness it to be a leader

    – When Beethoven wrote his Third Symphony, considered a turning point in musical history, he did it with only 12 chromatic tones at his disposal. Kurt Cobain used the same 12 tones to write “Rape Me,” which appeared on Nirvana’s third album, In Utero. Think about that for a second. How different can two pieces of music be? Now consider this: DNA, the basis for all life on our planet, consists […]

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    Friday Mar 27, 2015 | 10:50 am

    Maine Angels profit from second successful exit

    After a decade of not experiencing a successful exit, the Maine Angels are now on a roll. Just months after two members of the Maine Angels marked the group’s first successful exit, two more members have realized a return on an investment in another startup and cashed out. Two Maine Angels members have sold their shares in EzCater, a Weston, Mass.-based startup that Sandra Stone, chair of the Maine Angels, calls “Expedia for […]

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    Thursday Mar 26, 2015 | 1:16 pm

    Portland co-working space shutting its doors

    – One of Portland’s co-working spaces is closing, leaving 10 tenants to find new digs. The Casco Bay Tech Hub’s co-working space at 30 Danforth St., known as the Business Innovation Center (BIC), will close May 1, according to an email tenants received Wednesday. Kai Smith, co-founder of Buoy Local, a startup that offers buy-local gift cards, said he had no prior warning and was surprised to receive the news. He and […]

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    Friday Mar 13, 2015 | 9:27 am

    Greenwood’s earmuffs: A true Maine innovation

      I write about innovators in Maine all the time. However, they’re almost always of the 21st Century variety. So it was nice to see a reminder this morning from my colleague Shannon Bryan over at mainetoday.com that we Mainers have a long succession of innovators to celebrate. In this case, Shannon reminds us that March 13 marks the 138th anniversary of the day in 1877 when Chester Greenwood, a Farmington native, was […]

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    Tuesday Mar 10, 2015 | 12:50 pm

    Portland startup wants to change the way we watch television

    – If you think about it, television can be kind of boring. You turn on the TV and watch something from beginning to end. There’s no ability to interact with the movie or gameshow you’re viewing. In the age of Internet-connected devices, that will soon change, predicts Jason Cianchette, a serial entrepreneur in Portland who previously founded and then sold Liquid Wireless in 2008 to Publishers Clearing House for an […]

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  • Friday Feb 27, 2015 | 11:37 am

    Deadline looms to compete for LaunchPad’s $30K purse

    For all those entrepreneurs who have been procrastinating or paralyzed by doubt, this is a final reminder to enter the fray. The deadline to enter the third annual LaunchPad business plan competition and vie for its $30,000 prize is only two days away. The competition, sponsored by Gorham Savings Bank, gives Maine entrepreneurs an opportunity to pitch their business plans before a panel of experienced judges. The ultimate winner, who will be determined […]

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    Thursday Feb 19, 2015 | 11:21 am

    Portland’s Tilson Technology raises $2.2M in Series B round

    Tilson Technology Management, a Portland-based IT services firm that builds telecommunications networks (think: putting up cell towers and laying fiber), has raised $2.2 million in a recent investment round, according to a filing with the U.S. Securities and Exchange Commission. Tilson raised the Series B round from Rand Capital Corp. and Maine’s own CEI Ventures. While this is Rand’s first investment in Tilson, it’s a follow-on investment for CEI Ventures, a Portland-based venture capital firm affiliated […]

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