Forbes has recognized Madison as having one of the quickest growing information technology sectors in the country. Madison came in 5th behind Silicon Valley, San Francisco, Boston, and Austin. Madison is the smallest city by far on this list, which is dominated by large metro areas renowned as tech hubs. Forbes points out that Madison is heading toward reaching critical mass in the industry.
A large portion of this growth is a result of Epic Systems, but the quickly growing and very active tech startup community has also played an important role in Madison’s growing information technology sector.
Read the full Forbes article here.
The Yahara Music Library, a collaborative project between the Madison Public Library and Murfie Music, recently launched.
Using technology from Murfie’s online music streaming platform, the Yahara Music Library enables any library card holder to stream music from the Yahara Music Library using any web browser or download albums in multiple formats to a variety of devices. The diverse collection of music in Yahara includes established musicians and up and coming artists who play everything from rock, hip hop, classical, and more. Murfie and the Library are releasing technical elements of the Yahara Music Library under an open source license.
gener8tor has a handful of upcoming events leading up to the application deadline for the Summer 2014 class on June 1st.
They are holding Madison Office Hours on Wednesday, May 28th from 10am-1pm as well as a Meetup starting at 5:30pm at their office on the Capitol Square. Learn more about their Milwaukee 2014 accelerator program, pitch your startup, get feedback and ask questions at these events. The application deadline for gener8tor’s Summer 2014 class is June 1st. Apply to gener8tor for your chance at up to $70,000 in startup funding and 12-weeks of intense, mentorship-driven programming. To apply, go here.
OpenHomes, a real estate startup aiming to make it easier and more affordable for people to sell and buy homes, has raised over $180,000 in seed round funding.
OpenHomes is a simple, affordable, and convenient way to sell or buy a home, saving homeowners thousands of dollars by charging only a 1% commission. The seed round will provide capital for marketing and software development. Investors include CSA Partners, Angels on the Water, Mark Bakken, gener8tor, and several other angel investors. OpenHomes is a graduate of gener8torâ€™s Summer 2013 accelerator program.
After three rounds of judging, the finalists for the 2014 Wisconsin Governor’s Business Plan Contest have been announced, with nearly half of the 13 finalists coming from the Madison area. The Madison area finalists include: Elucent Medical, Spectrom, Little Green Pencil, MobCraft Beer, WebRacing, and Digsite.
The finalists are competing for over $100k in prizes and will present at the Wisconsin Entrepreneurs’ Conference in Madison, which runs from June 3-4. For more coverage on the Governor’s Business Plan Contest, go here. For more info on the Wisconsin Entrepreneurs’ Conference, go here.
Forkforce, a job matchup service for the restaurant industry who just opened shopÂ online in March, has already closed on $250,000 from investors. This recent round of funding is in addition to an initial $100,000 the company has received since it was established last September by Mike Wagner.
Currently, the most prominent eateries on Forkforceâ€™s website are those of the Food Fight Restaurant Group including places like Montyâ€™s Blue Plate Diner and Eldorado Grill.
More info on Forkforce and other Madison area companies receiving recent funding here.
Ignite Madison is back! Join your fellow Madisonians forÂ Ignite MadisonÂ on Wednesday, May 21st at 8pm at the High Noon Saloon to learn about people who love all things food. Ten speakers will each give 5 minute presentations using slides that auto-advance every 15 seconds, covering such things as cooking, fermentation, gardening, and food sustainability.
The fun event will include plenty of time to socialize and grab a drink before, after, and during the presentations. Tickets are $9 in advance and $14 at the door, with all proceeds for this event being donated toÂ theÂ Community Action Coalition,Â which provides many services in south central Wisconsin including several programs targetingÂ food security.Â To learn more or purchase tickets visitÂ http://ignitemadison.org/
The second annual OnRamp Wisconsin event will be held May 30th from 11am to 5pm at Lambeau Field. A collaboration between the Milwaukee Journal Sentinel, gener8tor, and Angels on the Water, OnRamp Wisconsin willÂ give young companies an opportunity to pitch their products and services to established corporations.
This event is intended to help startups in the critical effort to find sales channels and to provide a way for established companies to engage with the entrepreneurial community. Participating Corporations include Milwaukee Journal Sentinel, American Family Insurance, Assurant Health, and more to be announced soon.
The application deadline is May 19th, so be sure to apply here now!Â
Madworks Coworking at UW Campus is a seed accelerator program which provides mentoring, training and financing of up to $10,000 to early stage companies. Â Successful applicants will spend the summer further refining and developing their business plans on the road to commercial success. The program seeks six companies who will be trained using lean start-up principles.
For more information on Madworks at Campus, or to apply for the program, click here.
Understory, a company that has developed a more real-time and thoroughÂ system for collecting weather data that, has just raised $1.9 million in funding.
Formerly known as Subsidence, the companyÂ builds weather-sensing grids comprised of small weather stations that can be installed on cellular towers or billboards, every mile or two within a metropolitan area. This allows a very up-to-date picture of weather moving across the city. An alum of the gener8tor program in Madison, Understory was accepted into theÂ BoltÂ accelerator program in Boston last August.
More on Understory’s funding here.
Abodo, a Madison company that lists apartments for rent in order to help people find a place to live, has just raised over $900,000 of funding. Â A graduate of the gener8tor program, Abodo.com currently has over 80,000 listings in cities like Madison, Milwaukee, Green Bay, Pittsburgh, Minneapolis, and Raleigh, NC, with more cities to come in the near future. An app that would allow potential renters to ‘walk-around’ their desired neighborhoods and scope out rentals is in the works as well.
More info on Abodo’s funding here.
Read more:Â http://host.madison.com/business/technology/biotech/tech-and-biotech-gener-tor-grads-abodo-and-understory-raise/article_c8197fd8-3bc0-5357-9c4f-b2b4de2c00bf.html#ixzz3188XWZvc