Tech Between The Coasts

I powered through a pretty gnarly cold to bring you Tech #BetweenTheCoasts 025, which features board negligence, transportation’s tech troubles, the collapse of the ”millennial urban lifestyle,” and a unicorn-sighting in Raleigh. medium.com/tech-betweenth…

This week's Tech #BetweenTheCoasts newsletter comes to you from @VentureAtlanta. Check it out for thoughts on "walking the walk," the geographic entrepreneurship gap, Silicon Valley apologists, an Uber for oil workers, and a "Fitt" raise in Pitt(sburgh). medium.com/tech-betweenth…

Check out issue 023 of the Tech #BetweenTheCoasts newsletter. We cover the impending Silicon Valley valuation hangover, the housing cost "tipping point," a quintet of Austin exits, and much more. medium.com/tech-betweenth…

Hey folks, we're back! But we never really left, we just took a break from tweeting. For now, we'll be posting links to the latest newsletter and selected #BetweenTheCoasts highlights here. Subscribe to the newsletter to get our full deal recap and more! …sandclarkventures.us9.list-manage.com/subscribe?u=db…

Austin-based open source consultant @QuanSight is spinning off a venture capital firm – QuanSight Initiate – targeted at $20M for its debut. ow.ly/vCDn30pvqCZ

Dallas-based @TheatroSolution – a voice-powered connectivity platform for retail and other employees – raised an undisclosed amount from @Cisco_Invests and @honeywell Ventures. ow.ly/dGfK30pvqCY

Austin-based @Kony – an enterprise app development platform – was acquired by Swiss banking software firm @Temenos for $559M. ow.ly/d8p130pvqCX

Salt Lake City-based @MySmartbeat – a smart infant monitoring platform – raised an undisclosed amount from Ideaship. ow.ly/rQcr30pvqCW

St. Louis-based venture capital firm @CultivationCap has raised $74M for its third fund. ow.ly/8VR630pvqCV

Austin-based Cerberus Interactive – a mobile games developer – raised $1.75M. ow.ly/7gaV30pvqCU

Dallas-based private equity firm @Satori_Capital raised $92.75M for its third fund. ow.ly/1GeW30pvqCT

Atlanta-based @JoinSaltbox – an operator of hybrid co-working and warehouse spaces – raised $3.2M led by @villageglobal. ow.ly/SDXe30pvqCS

@CityLab on which cities and states people think actually make up the “Midwest.” ow.ly/qs1V30pvqCR

Nashville-based @alto_ira – an IRA platform featuring alternative assets – raised $5.4M co-led by Jefferson River Capital and @MomentVC. ow.ly/miFI30pvqCQ

Lexington, KY-based private equity firm Middleground Capital raised $460M for its debut fund. The firm will primarily invest in B2B industrial and specialty distribution companies. ow.ly/3q1V30pvqCP

Decatur, AR- and New York-based @cooksventure – a startup building a vertically integrated farm operating solely on regenerative agriculture, helmed by @blueapron's former COO – raised $12M from AMERRA Capital Management. ow.ly/9sE030pvqCO

We highly recommend this very thorough examination of the very complicated question of when, why, and how much VCs invest in initial checks and follow-on rounds. It’s a great addendum to last week’s newsletter's focus on the “new seed round.” ow.ly/KxKJ30pvqCN

Tampa-based @homeeondemand – an on-demand property maintenance platform – raised $15M led by @ForteVentures; other investors included @LibertyMutual Strategic Ventures, @TheHartford, @StateFarm Ventures, @FloridaFunders, and @DeepWorkCapital, and @engagevc ow.ly/67H930pvqCM

Nashville-based @smiledirectclub – a D2C dental care company – expects to raise $1.2B in its upcoming IPO, at ~$8B valuation, having set its price range between $19 and $22 per share. ow.ly/bNc630pvqCL

Chicago-based @hellofyllo – a cannabis-focused marketing tech platform – raised $16M co-led by JW Asset Management and K2 & Associates. ow.ly/mjiN30pvqCK