Thursday March 5, 2015
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Thursday March 5, 2015

Contributors: Business - The Startup Line

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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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    Thursday Feb 05, 2015 | 12:13 pm

    Why every Maine student should descend on Bowdoin this weekend

    — We’re in an age of consumption, surrounded by consumable content delivered to us by the unconscious and mechanical swipe of a thumb like Pavlov’s dog ringing a bell. I consume so much content in the course of a day, I often need to stop and remind myself to create. The tug-of-war between consuming and creating is a daily battle, which why it’s nice sometimes to dedicate time to doing […]

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    Wednesday Feb 04, 2015 | 1:47 pm

    Two Maine tech execs shift roles, take on new challenges

    Two notable executives in Maine’s tech sector are in the process of updating their resumes. Taking Maine expertise global After helping Ocean Renewable Power Co. become known as one of the most innovative energy companies in the country, John Ferland is taking on a new role as president of its spin-off consulting business, ORPC Solutions. Portland-based ORPC made history in 2012 when its tidal energy project in Cobscook Bay became the first ocean energy project […]

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    Friday Jan 30, 2015 | 12:55 pm

    Maine’s startup community faces ‘huge void’ with loss of its ‘dean of venture capital’

    Maine’s startup community lost an important member this week. Charles “Kip” Moore was a technology pioneer (he was on the student team at Dartmouth that developed the BASIC computer language) and one of the first venture capitalists in Portland to invest in early-stage Maine companies. He was a mentor to entrepreneurs and served on the boards of several local companies. Moore died Jan. 26, 2015. He was 71. Moore, who […]

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  • Friday Jan 23, 2015 | 5:00 am

    Venture capital in Maine falls in 2014, but more companies benefit

    There’s good news and bad news in the year-end data we have on venture capital investments made in Maine startups during 2014. On the one hand, the amount of VC invested in Maine startups fell roughly 32 percent, from $27.5 million in 2013 to $18.7 million in 2014. On the other, the number of companies who received VC increased from five in 2013 to 12 in 2014, the highest number […]

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    Tuesday Jan 06, 2015 | 4:07 pm

    Popular Mechanics touts Portland among top ‘Startup Cities’

    Portland’s startup community is basking in the warmth of some national attention this week. Popular Mechanics has picked Portland, Maine, as one of the top “Startup Cities” in the country. In its February edition, on newsstands now, the magazine’s editors chose 14 cities as “the best new places to start a business in America.” Portland is at No. 4, behind St. Louis, Missouri; Asheville, North Carolina; and Oakland, California. Lists like this may be […]

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    Wednesday Dec 31, 2014 | 5:30 am

    Cianchette of Liquid Wireless fame launches new Maine startup

    — Jason Cianchette, the entrepreneur who founded Liquid Wireless in 2008 and sold it a few years later to Publishers Clearing House for an undisclosed amount of cash, has launched a new startup in Portland. Cianchette remained with Liquid Wireless until earlier this year, when he left to pursue a new opportunity. What we know about his new startup is slim (Cianchette told me he isn’t ready to speak in detail […]

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    Tuesday Dec 16, 2014 | 11:23 am

    Maine biotech firm to make NASDAQ history today

    On Tues., Dec. 16, at 4 p.m., one of the granddaddies of innovation in Maine will take part in an honored tradition in the business world: Ringing the closing bell at the NASDAQ stock exchange. When Jonathan Ayers, CEO of Westbrook-based biotech firm Idexx, rings NASDAQ’s closing bell this afternoon at its site in Times Square, it will mark the first time a Maine-based company has drawn trading on the […]

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  • Friday Dec 12, 2014 | 5:18 pm

    Maine startup raises $10K on Kickstarter

    Pamela Castrucci is the latest entrepreneur to discover the benefits of crowdfunding. On Nov. 12, she created a campaign on the popular crowdfunding website Kickstarter seeking $10,000 to help her build Voice Kite, a software product that will allow people to more easily preserve and share memories by tethering digital photos with audio recordings. As of Friday afternoon, with two hours of the campaign to go, 152 backers had pledged $10,983 toward […]

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