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Chantal Allam

North Carolina's AvidXchange expands footprint with Florida acquisition

North Carolina's AvidXchange expands footprint with Florida acquisition

AvidXchange is expanding its footprint yet again. The Charlotte-based fintech software provider has acquired Core Associates, an accounts payable (AP) firm based out of Jupiter, Florida. The company is the maker of TimberScan, a complementary AP solution estimated to have 30,000 users. With this acquisition, AvidXchange said it becomes

NC among new ‘tech hotspots’ as IT workers flee big cities during COVID-19

NC among new ‘tech hotspots’ as IT workers flee big cities during COVID-19

North Carolina is becoming a top relocation spot for techies fleeing big metros in the wake of the coronavirus pandemic. Just ask Jason Caplain, partner at Bull City Ventures. In over two decades working as a venture capitalist in the Triangle, he says he’s never seen such a flood

NC startup tracks the pandemic’s devastating effect on working women, but there’s an upside

NC startup tracks the pandemic’s devastating effect on working women, but there’s an upside

The coronavirus pandemic is driving many households to the brink. But there’s one group that is bearing the brunt: women. A recent survey from Durham’s InHerSight revealed that 68% of women have considered quitting their jobs to take care of their children. That percentage is even higher, 74%

VIDEO: Durham-based Spoonflower sees triple-digit growth as creativity and crafting grow during COVID

VIDEO: Durham-based Spoonflower sees triple-digit growth as creativity and crafting grow during COVID

Back in March, Spoonflower, an on-demand, digital printing company, reported 30% year-over-year growth in the first quarter. By most standards, it was poised for a "nice" year going forward, says its CEO Michael Jones. Then the pandemic hit. “We saw a little bit of a slow down for

Chapel Hill health tech startup lands $40M in Series A financing

Chapel Hill health tech startup lands $40M in Series A financing

A year after setting up second headquarters in North Carolina, personal health startup Well Dot is getting ready to scale. On Monday, the firm, which has home offices in Chapel Hill and Newton, Massachusetts, announced it had landed $40 million in first-round funding. Well's backers include well-known Silicon

Raleigh-based Pendo plows ahead with expansion into Japan, Australia

Raleigh-based Pendo plows ahead with expansion into Japan, Australia

Raleigh-based Pendo is expanding its footprint into the Asia-Pacific. Despite the on-going pandemic, the cloud tech startup is opening offices in Tokyo, Japan and Sydney, Australia. The uptick: Pendo will employ more than 20 people in Asia over the next two years, in roles spanning sales, marketing, customer success, and

NC startup sees surge in traffic as thousands seek help with pandemic-fueled legal woes

NC startup sees surge in traffic as thousands seek help with pandemic-fueled legal woes

As the pandemic worsens and safety nets vanish, millions are on the brink of financial ruin. Some are facing the threat of eviction or foreclosure. Most can’t afford a lawyer to represent them. That’s where Courtroom5 comes in. This Durham-based, Black-owned startup offers a step-by-step “legal toolbox,” powered