Here’s a look at what happened this week and what startups made headlines across the Southeast:
Funding News
San Francisco-based Ditto, a startup building mobile databases with built-in edge device connectivity, just announced a massive $82 million Series B funding round with a $462 million post-money valuation. But beyond the impressive funding numbers, there’s another key takeaway for the Southeast: Ditto is focused on growing in Atlanta. See what the news means for the local tech talent pool here.
Cary, North Carolina-based Inn-Flow, a hospitality-focused accounting and management software, raised a $45 million private equity round from San Francisco-based Mainsail Partners. Details on Crunchbase and Triangle Inno.
Acquisition News
PorterLogic, the Atlanta-based supply chain startup that helps companies best prepare and forecast our inventory levels, has been acquired. The low-code software company announced this week it was acquired by Lucasys, another Atlanta-based firm, a technology-enabled service provider focused on helping finance, accounting, and tax professionals. Details on the acquisition (and what a dog named Waffles has to do with it!) here.
Startup News
Birmingham, Alabama-based WineView, a leader in innovative wine solutions, is proud to announce its partnership with Restaurant365, the unicorn restaurant management platform, and its newly acquired training product, ExpandShare. The partnership is designed to “boost staff knowledge and improve confidence in servers when recommending and serving wine,” according to a press release.
Rimidi, an Atlanta-based digital health company, has launched Rimidi 2.0, an enhanced platform designed to tackle the growing complexity of healthcare delivery. Building on its existing capabilities in Remote Patient Monitoring (RPM) and Chronic Care Management (CCM), Rimidi 2.0 offers greater scalability, stronger data security, expanded device integration, and a flexible framework for emerging technologies like AI. The upgrade empowers clinical and IT teams to optimize patient care, streamline workflows, and improve operational efficiency.
Other News Across The Ecosystem
TriNet, a HR solutions company, announced it was planning to create 750 new jobs at a new corporate center in Dunwoody, Georgia over the next five years, according to a press release from Georgia Governor Brian Kemp. That represents an estimated $15.4 million in investment in DeKalb County.