Skip to main content
Monthly Archives

December 2021

ConnexPay

ConnexPay Receives $20 Million in Funding

By Latest News, Member Spotlight

D.A. Davidson & Co. announced today that it has served as exclusive strategic and financial advisor to ConnexPay on its $20 million Series B funding from Marqeta, Inc. (NASDAQ: MQ).

Click here for the full press release.

ConnexPay is the first and only unified payments platform that integrates merchant acquiring, anti-fraud solutions and virtual card issuing. ConnexPay’s technology simplifies workflow and eliminates the need for pre-funded accounts.  This reduces supplier risk and the cost of accepting card payments. Their technology also safeguards consumer spend.  Headquartered in Minneapolis, MN with offices in Bonita Springs, FL, and Atlanta, GA they employ 35 professionals.

ConnexPay plans to use this investment to build out its business with online marketplaces and other commerce intermediaries.  These opportunities make up a significant portion of its current sales pipeline. As a result, the new round of funding will help expand the ConnexPay platform into Europe with increased hiring and technology development to support multiple currencies and languages.

ConnexPay was a member of The Park until 2019, when it out grew their space and moved to their new Alpharetta headquarters.  They enjoyed the flexibility of expanding in the space to meet their needs resulting in continued growth.  They also benefitted from connections made during their tenure at The Park.

 

Conference Room Rental at The Park

Conference Room Rental at The Park

By Latest News, The Park

Conference Room Rental at Atlanta Tech Park

A recent article by WorkSocial.work, Advantages of Conference room Rental for Small Business, discussed several reasons why renting conference rooms can positively impact your productivity as well as your company’s bottom line.  

By utilizing meeting room rentals, an entrepreneur can keep operating costs low and productivity high because you don’t have to pay to rent space that you don’t use on a daily basis.  In addition, by renting meeting spaces at a facility like Atlanta Tech Park, you can be assured that you are taking advantage of the latest technology.  That is another expense you do not have to worry about.  

Conference Room Rental at The ParkConference Room Technology

With the technology at The Park, you can host both in person and remote meetings.  Our dedicated high-speed internet guarantees the ability to host both virtual and in-person attendees.  You can even host a virtual event!

You can also improve your image by booking a space at The Park.  Membership at The Park allows you to take advantage of the entire facility and gives you the opportunity to put your best foot forward.  You can let your clients know that you take working with them seriously. Employees will also know to take your meeting seriously because they know you have rented the space.

At Atlanta Tech Park, we have 7 conference rooms and an auditorium that can accommodate meetings from 6 – 100 attendees.  Each room boasts the latest technology to make hosting your meeting a breeze.  If you are a member of the park or currently lease office space, you have the ability to rent these rooms at a discounted rate.   

Book your conference rooms and  select the room that fits your needs.  Be confident knowing that no one else has booked your room. In addition, The Park also offers the opportunity to have coffee service and food brought in by your favorite caterer.  You can also select from our preferred list and know that your guests will have a great experience.  

Atlanta Tech Park is a global technology accelerator that offers more than just conference rooms and event space. With one of our membership packages you will get discounted rental rates.  In addition, you have access to advisors and a growing ecosystem of entrepreneurs.

SoftBank Vision Fund 2 Backs Reibus

By Latest News, Member Spotlight

Reibus International Inc., an alumni of Atlanta Tech Park,  had its valuation soar more than sevenfold after an investment from SoftBank Vision Fund 2.  It’s now $750 million.

Atlanta-based Reibus will spend the funds on expanding its marketplace and investing in associated logistics and financial-services offerings, Chief Executive Officer John Armstrong said in an interview. The startup, which already operates in Europe, plans a regional hub in Berlin and one in Southeast Asia, likely in Singapore. “We think it’s important to be local in those markets,” Armstrong said.

Reibus recently launched a mobile app and this year surpassed an annual revenue run rate of $100 million. It selected SoftBank as an investor in part due to its international reach, experience in helping marketplace-based companies scale globally and relationships with banks, said Armstrong, who co-founded the startup in 2018 with the goal of ensuring a positive culture. SoftBank’s David Boriss is set to join Reibus’s board, Armstrong said.

Reibus was a member of Atlanta Tech Park through 2020 when it graduated into its own space in Atlanta.  One of the many things that benefitted them was The Park’s ability to grow with them until it was time to further expand into their own corporate headquarters.   To learn more about The Park’s membership opportunities, click here.

 

Read the full article here on Bloomburg.

X