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FAU Tech Incubator Expands, adds Coworking Center

Written by David Glass.

TBI FAU Logo TM-300x120BOCA RATON - The Technology Business Incubator at the Research Park at Florida Atlantic University will add an additional 10,000 square feet this month.

The expansion is the second in 10 months for the incubator that serves as a resource center and office for entrepreneurs from FAU and the South Florida community, according to a news release. The added space is to allow the incubator to better accommodate current client companies and to house new companies that have been on a waiting list. This expansion brings the incubator to a total of 25,000 square feet and will accommodate an additional 15 companies, with individual offices ranging from 120 to 1,000 square feet.

Miami's Tapad reels in $6.5M Round

Written by David Glass.

Tapad NewMIAMI - Tapad, a provider of unified cross-device advertising solutions, today announced the closing of its Series B rounds of funding for $6.5 million, following a record 2012 fiscal year with a 604% year-over-year growth rate.

Publicly traded venture capital fund Firsthand Technology Value Fund, Inc. joined the company’s impressive roster of investors. Founding investors FirstMark Capital and Avalon Ventures also participated in the round. Other Tapad investors include: Metamorphic Ventures, Lerer Ventures, as well as former DoubleClick CEO David Rosenblatt, AppNexus founder Brian O’Kelly, former Huffington Post CEO Eric Hippeau, 24/7 Real Media co-founder Geoff Judge and QUIGO founder and CEO Mike Yavonditte.

Miami startup leaders talk building tech hub

Written by Nancy Dahlberg, Miami Herald .

startupcitymiami13MIAMI - Richard Florida, an urban-affairs expert and now a South Florida resident much of the year, brought in an all-star lineup of national and local thought leaders Wednesday to explore how to build a robust technology community in Miami — and learn from the experiences of other hubs.

More than 1,100 people registered for Start-Up City: Miami, a free, day-long seminar on presented by The Atlantic magazine, Atlantic Cities, and the John S. and James L. Knight Foundation. It was held at the New World Center in Miami Beach, where the main performance hall was full and lobbies were buzzing much of the day. the event was live-streamed, and watch parties took place in Miami and around the country.

BlueKite Acquires RedCycle Networks

Written by David Glass.

bluekite-logoMIAMI - Web-based payment processing startup, BlueKite acquired RedCycle Networks, a developer of bill-payment technology solutions in Latin America. In addition to the proprietary bill-payment technology platform developed by RedCycle Networks, the company has completed integrations with local billers including utilities and telecommunications companies in Mexico, Guatemala, El Salvador and South America.

Miami's Guide Reels in $1 Million Seed Round for Virtual News Anchor App

Written by Staff Writer.

guide shot

MIAMI - Miami-based tech startup, Guide announced it has closed a $1 million round of seed investment from investors including The John S. and James L. Knight Foundation, Sapient Corp., MTV founder Bob Pitman,  actor and producer Omar Epps, and Google Employee No. 13, Steve Schimmel. The Knight Foundation is supporting Guide through its new early-stage venture fund, the Knight Enterprise Fund.

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