Birmingham’s Velocity Accelerator, the only startup accelerator program in the state of Alabama, has selected its second class of companies to join the three-month program. Eight startups, including six from the southeast,
Payments solutions giant TSYS has acquired payments technology and merchant-acquiring company Cayan for $1.05 billion in cash. The acquisition will help Columbus, Georgia-based TSYS grow their client base for merchant acquiring in
Birmingham, AL-based Shipt, a three-year-old grocery delivery company that competes with Instacart and AmazonFresh, has been acquired by Target for $550 million in cash. The acquisition of Shipt’s delivery platform and on-demand
Cloud-based SaaS platform Acivilate has raised a $3 million seed round, led by Atlanta-based investment firm BIP Capital with additional participation from public-private venture firm GRA Venture Fund, LLC, to continue expanding their
According to the Your Talent Your Future entry-level talent assessment, Georgia sees a higher unemployment rate than the national average and is ranked as the number two state for the worst economic mobility.