May 24, 2013 in ATDC News

ATDC Members Continue to Shine

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These days, it’s hard to visit a news site without running across a mention of a startup with ties to ATDC.

Past and present members continue to see success, helping to prove ATDC’s reputation as a major hub for technology entrepreneurship. Here are just a few of the recent highlights:

  • Software firm Cardlytics Inc. is raising $40 million from investors to fund an expansion into international markets this year. The firm provides software that helps businesses analyze consumer purchase behavior. The company is also the leader in the card-linked marketing space, providing both national and local businesses with revenue-generating digital and mobile marketing options, based upon its core analytics platform.
  • Suniva Inc. is adding 48 jobs at its Norcross headquarters to help handle increased demand. The maker of high-efficiency PV solar cells and modules is looking to boost the number of manufacturing line employees and supervisory roles within the company. “Demand for Suniva’s high-efficiency solar products has produced unprecedented sales bookings in Q1,” said Greg Mihalik, vice president of manufacturing and operations for Suniva, in a statement. “And we are currently sold out of capacity for Q2.”
  • Merlin Mobility has been nominated for the Augmented World Expo’s 2013 Auggie Award in the Enterprise category. The company is developing a web-based authoring platform that allows organizations to rapidly create and deploy augmented reality content with in a simple format. You can vote for their entry here.
  • ViaCycle, created by GT grad student Kyle Azevedo, was profiled in a recent Atlanta Magazine article. The startup aims to make bikes available for communal use without the pricey infrastructure that has plagued similar programs in other cities.

In other news, Atlanta’s growing tech ecosystem (and several ATDC companies) has drawn the interest of a Virginia-based venture capital firm. Armed with a $225 million fund, Grotech Ventures has already invested in several Atlanta startups including ATDC-affiliated Synchrologic and Urjanet and plans to invest in even more locally. “Just as Atlanta has excelled as a crossroads of transportation and financial [services], it is the natural place in the southern U.S. for an entrepreneurial ecosystem to flourish,” said Grotech General Partner Steve Fredrick, in an interview with the Atlanta Business Chronicle.

Founded in 1980, ATDC has helped create thousands of jobs and millions of dollars in tax revenues by graduating more than 150 companies which, combined with current companies, have raised more than two billion dollars in outside financing and created thousands of jobs in Georgia.  Want to learn what we’re all about? Register to attend our next Info Session on June 11 where you can meet with staff and find out about member benefits and qualifications.

We salute the hard work of all of our past and present ATDC entrepreneurs and look forward to seeing more member company accomplishments throughout the year!

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