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Akron software company Bloomfilter closes $7M seed fundraise | Crain's Cleveland Business

The startup, founded last year, describes itself as a 'process intelligence platform for software development' designed to help users 'improve the transparency, predictability and efficiency of developing new software products.' ....

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Here's why Hyland laid off 1,000 employees | Crain's Cleveland Business

The software company has a history of funding growth, acquisitions and dividend payments to its private equity owners through debt, which apparently is creating some financial duress for the company during a time of surging interest rates. ....

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Mark Kvamme, Ray Leach target $500M for Ohio-focused 'impact' fund

Kvamme, the co-founder of Columbus' Drive Capital, and Leach, CEO of JumpStart Inc., have been working on raising The Ohio Fund, which aspires to catalyze economic growth in the state through investments in startups, real estate and infrastructure projects. ....

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Vytalize Health's latest fundraising round nets $100 million | Crain's Cleveland Business

Vytalize attributes much of its growth to the Cleveland market, where it does a lot of business. The company is headquartered in Hoboken, New Jersey, but has had a significant presence in Ohio since its 2021 acquisition of MedPilot. ....

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