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Technology


KCRise Fund Announces First Investments

The entrepreneurship-supporting KCRise Fund—a sidecar venture capital initiative of the KC Rising economic development effort—announced today that it has selected two area companies for the fund’s first investments.  The companies chosen are, SpiderOak, an online data security company with several… more

Epiq Systems Goes Private Upon Acquisition

Epiq Systems, Inc. the Kansas City, Kansas-based provider of integrated technology and services for the legal profession, announced today that shareholders have approved the company’s acquisition by OMERS Private Equity. The transaction—$16.50 in cash for each share of Epiq’s common… more

KCMO and KCK Team Up in White House Initiative

The White House announced today that Kansas City, Missouri and Kansas City, Kansas have been selected as lead cities in the White House Smart City Initiative. They will host two meetings in 2017 that bring together leading public and private… more

CBOE Holdings to Acquire Bats Global Markets

Bats Global Markets, Inc.— operator of the second-largest stock exchange in the U.S., as well as the largest stock exchange and trade reporting facility in Europe—has entered into a definitive agreement to be acquired by CBOE Holdings, Inc., the holding… more

A New Company Headquarters for Kansas City

The employee-screening solutions company, Alere eScreen, a subsidiary of Alere Inc., will move its headquarters to Kansas City, bringing with it a capital investment of more than $6.8 million and 30 new jobs in addition to its current staff of… more

Yahoo! Reports Theft of Information from 500 Million Users

Yahoo! released a statement today confirming an information theft “associated with at least 500 million user accounts.” The company also reported that that the “information was stolen from the company’s network in late 2014” attributing the theft to a “state-sponsored… more

Company with Overland Park Presence Being Sold

Penton, a New York-based information services company with offices in Overland Park is to be acquired by the business intelligence company Informa. Penton is being sold by MidOcean Partners and Wasserstein & Co. for $1.56 billion.   more

UMKC and LaunchKC Agree to Strengthen Tech Mentorship

University of Missouri–Kansas City (UMKC) and LaunchKC—the global tech-grants competition whose winners will be announced this Friday as part of Techweek Kansas City—have agreed to join forces in better mentoring idea-people in the tech industry. The letter of agreement includes… more

KC Corporations See Potential in Minority Entrepreneurs

Today is graduation day for 30 Kansas City-area participants in a program called Strategy and Business Development for Minority Business Entrepreneurs—a 2½ -day intensive education program for executives, brought to Kansas City by the Ivy League staff of Dartmouth College's  Tuck School… more

EyeVerify Confirms Sale to Alibaba Subsidiary

Ingram's has confirmed reports that Kansas City-based EyeVerify, the biometrics startup founded by entrepreneur Toby Rush, is being purchased by Ant Financial, a subsidiary of Alibaba Group Holding, Ltd. In confirming the sale, Tinna Hung, Director of Marketing for EyeVerify,… more