Estrakon hires 8 as it aims to close $750,000 seed round

Estrakon is in the midst of two things these days: wrapping up a six-figure seed capital round and a job-creation spurt. The Ann Arbor-based LED sign manufacturer recently received a $250,000 investment from the Michigan Pre-Seed Capital Fund. So far it has raised $600,000 in this seed capital round, and hopes to close out the round when it gets to $750,000 by the end of the month. The investment is coming on the heels of some rapid growth in the... [Read More...]

Great Lakes Angels invests in Ann Arbor’s Blaze Medical Devices

Blaze Medical Devices recently closed a $250,000 seed capital round that was led by a handful of investors from the Great Lakes Angels Group. The Ann Arbor-based startup is developing a product that focuses on quality control and optimization for the blood banking and transfusion industry. The technology analyzes stored blood to allow clinicians to predict the effectiveness of transfusions by assessing the levels and rates of quality loss during... [Read More...]

Great Lakes Angels invests in Ann Arbor’s Blaze Medical Devices

Blaze Medical Devices recently closed a $250,000 seed capital round that was led by a handful of investors from the Great Lakes Angels Group. The Ann Arbor-based startup is developing a product that focuses on quality control and optimization for the blood banking and transfusion industry. The technology analyzes stored blood to allow clinicians to predict the effectiveness of transfusions by assessing the levels and rates of quality loss during... [Read More...]

Online Tech invests $1M in new data center, continues hiring

Online Tech is augmenting its space, staff and bottom line these days thanks to its acquisition of a new data center and a handful of new hires. The Ann Arbor-based firm recently purchased a new data center just outside of the city. It plans to invest about $1 million into the 20,000-square-foot facility, upgrading its technology and other facilities. It's set to open this month, making it the third data center for the nine-year-old firm. "We... [Read More...]

A2 Ranked 7th “Mighty Micro” by AreaDevelopment Online

excerpted from AreaDevelopment Online When Richard Florida published The Rise of the Creative Class in 2002, a new dialogue among economic development professionals started: Does a city’s concentration of “creative” knowledge workers impact its economic output? Prior to Florida’s book, Next Generation Consulting (NGC) made a related discovery: Young knowledge workers said that where they lived was more important than where they worked. Furthermore,... [Read More...]