$38M for Nashville cybersecurity company
NASHVILLE, TN—Founded in 2017, Phosphorus pitches itself as providing a platform that eliminates the IoT security gap. The company has banked $38 million in new funding to fuel growth and technology development and enhance its user experience. Chief investors in the Series A round are MassMutual Ventures, which is the venture investment arm of the 170-year-old life insurance company, and SYN Ventures, which is based in West Palm Beach, Florida.
SnapIT lands huge government contract
OVERLAND PARK, KS—SnapIT Solutions, a female-owned high-tech services and tech training firm founded in 2015, has scored a government contract with a $50 billion ceiling. The contract will enable the Overland Park-based firm to partner with federal agencies, small businesses, and corporations to deliver technology solutions through its unique SPRNT business model, which has a pending patent.
A plan for recruiting tech talent to Indiana
INDIANA—At the annual Indianapolis Business Journal Tech Power Breakfast, a panel of five tech company executives and TechPoint CEO Mike Langellier laid out several ways Indiana can win the global race for talent. This could be good news for Indiana if policy makers make talent recruitment a priority.