Space management software firm Roomtag bought out [Startup Roundup] - Technical.ly Baltimore

Growth

Space management software firm Roomtag bought out [Startup Roundup]

Plus: food delivery startup OrderUp is about to go on a hiring spree. After a multimillion-dollar investment, the company will add 40 employees.

From left: Roomtag employees Marcia Hart, Megan Griffin, Theo Sevdalis, Chris Pierce and Hewitt Tomlin. At far right is Joe Callanan, one of the startup's directors.

(Photo courtesy of Roomtag)

startup

Who’s getting funded?

TEDCO officials announced state backing for its new fund aimed at early-stage cybersecurity firms, as Technical.ly Baltimore reported. The fund will provide up to $100,000 to nascent firms.

Who’s making moves?

Canton-based food delivery startup OrderUp will add 40 staffers following its $7 million round of Series A funding, the Baltimore Business Journal reports. Steve Case’s Revolution Ventures and LivingSocial cofounder Tim O’Shaughnessy led the fundraising.

AOL’s Advertising.com is moving from Tide Point to Natty Boh Tower in Brewers Hill, as Technical.ly Baltimore first reported. The move will be complete by next spring.

Texas-based Asure Software acquired Bolton Hill space management software maker Roomtag, Asure officials announced earlier this month.

Who’s getting buzz?

Fifty-seven Greater Baltimore companies made Inc. Magazine’s list of the 5,000 fastest-growing companies in the U.S., the Baltimore Business Journal reports. Top among Baltimore-area companies was Windsor Mill-based Securityhunter, which ranked 123rd.

Mailstrom, the email-management app from 410 Labs, is included in a Wall Street Journal review of services that help clean your lifestyle.

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