Atlanta aerospace startup Hermeus has raised a $16 million Series A funding round to help develop the world’s first commercial hypersonic jet, a bid to fundamentally change the speed at which the global economy moves. Hermeus’s jets would travel at a top speed of Mach 5 — five times the speed of sound, or about […]
Film and Video Games: A New Dimension in Atlanta’s Investment Ties With France
Atlanta and France have connected on biotechnology, manufacturing, science and airport development over the years, but one area remains where each can get better acquainted: the overlapping creative spheres of gaming and film. Paris, of course, is well-known as a film hub, and French cinema is widely acclaimed globally. France is a powerhouse cultural exporter […]
Mexico Team Fuels Atlanta Software Firm’s Rapid Growth
The key to success is all in the name for NearShore Technology. The metro Atlanta-based software firm was just named to the Inc. 5000 list of fastest-growing private companies for the third straight year, with a 92 percent growth rate since 2018. Its secret? A large team that is overwhelmingly based outside the U.S. […]
India Summit and Global Business Forum to Address Digital Transformation
Editor’s note: This is a sponsored post contributed by the USA India Business Summit and Georgia Tech CIBER. “Hyper-digitalization” accelerated by the COVID-19 pandemic will frame the ambitious agenda of the 11th USA India Business Summit and 26th Georgia Tech Global Business Forum focusing on the Southeast’s advanced technology sector. Being held virtually for the first time […]
Online Platform to Link Dutch Fintech Startups With Atlanta Mentors
The Dutch Consulate General in Atlanta has launched an online platform to connect emerging startups in the Netherlands with mentors here who can help them make the leap into the U.S. market. OrangeXchangeUSA started as an answer to COVID-19, which halted transatlantic travel just as the consulate was set to host a delegation of fintech companies […]
Fintech South’s Virtual Move to Place Atlanta on ‘World Stage’
Fintech South, the premier conference on financial technology in Georgia and throughout the region, is looking at the bright side of going virtual next month due to the pandemic. While the move from Mercedes-Benz Stadium to a computer screen could be seen as diminishing the event’s cachet, it also comes with an opportunity: positioning Atlanta’s […]
London-Atlanta Tech Links Remain Strong Amid Pandemic, Brexit
The particulars of across-the-pond collaboration may look vastly different, but links between Atlanta and London remain strong even as headwinds from the pandemic and Brexit continue to buffet companies on both sides. Some prominent Atlanta tech executives invested in London outlined how recent changes have disrupted their operations but not derailed their growth plans during a […]
Chinese Hospitality Tech Firm With Atlanta Office Divests U.S. Subsidiary After Trump Order
Shiji Group, a growing China-based tech firm with global reach in the hospitality sector and a presence in Atlanta, has reached a deal to sell off a U.S. subsidiary under pressure from President Trump. The $46 million agreement will see Shiji’s StayNTouch property management software platform purchased by New York- and Dallas-based MCR Group, which […]
Sinch Continues Acquisition Spree with India Deal
Sweden-based Sinch AB, which provides companies with cloud communications for engaging consumers on their mobile devices, has targeted India for the latest deal in an acquisition spree totaling $445 million so far this year. Based in Stockholm, Sinch is a publicly traded company with a U.S. headquarters in Atlanta that houses more than 60 employees, including […]
OneTrust Rides Global Privacy Rules to Top of Inc. 5000 List
The statistic is so large it’s almost hard to fathom: Atlanta-based OneTrust has posted a mind-boggling 48,337 percent growth rate in the last three years, putting it at the top of the Inc. 5000 list of fast-growing companies in the United States. But the privacy software provider’s uncanny timing and growth has a lot to […]
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