Exclusive: OpenGov Acquires Peak Democracy One has traditionally focused on helping government work better with itself; the other, helping government work better with citizens. Now, they will become one company.
CivicPlus Buys BoardSync OpenGov isn't the only one making acquisitions. In a move following previous strategy, CivicPlus is acquiring the agenda management company BoardSync. Mark43 Announces System for Body Cam Video, Other Digital Evidence The product, which will put Mark43 in competition with other established players in the police body camera market, is meant to automatically match video footage and other digital evidence with crime logs and case records in other systems. Cubic Makes Big Changes to Transit Information System The company is moving its new version of NextBus to the cloud, offering better tools for multi-modal trip planning and embracing predictive artificial intelligence. Pondera Chooses Microsoft for Cloud Backing, Machine Learning The firm, which detects fraud, waste and abuse in government programs, is turning to Microsoft Azure for a host of tools including machine learning and database. Alphabet Invests $1 Billion in Lyft Before now, the Internet giant was more closely linked to Uber. But after a contentious legal fight with that company, it's now backing the rival ride-sharing company Lyft as the two work on self-driving vehicles. MARKET SPOTLIGHT
Government-Focused Startups Score Higher Pre-Investment Valuations ...According to Angel List's data, that is. We dive into how government startups stack up against other types of companies here.
GovTech company on our radar this week:
Appledore: A tech startup that developed an app for homeless services workers through the Startup in Residence program.
Run a GovTech company? Get on our radar here.
WHAT WE'RE READING
10 Recomendations for the AI Industry (AI Now Institute)
GovTechBiz is our weekly newsletter covering the companies, deals and trends in the business of gov tech. Got a news tip? Other feedback? We're listening. Send it to GovTechBiz Writer Ben Miller at firstname.lastname@example.org.