OpenGov, Neighborly Continue Hot Streak for Gov Tech Funding News

Plus three things election tech officials are looking for, the transformational power of blockchain, and more...

by / May 23, 2017

TOP NEWS

OpenGov, Neighborly Raise $55M Betwen Them Continuing a hot streak of funding news for gov tech companies, two more startups have posted capital round figures. OpenGov, which offers open data, budgeting and collaboration tools to state and local agencies, announced a $30 million Series C round and hinted at some upcoming product launches. Meanwhile, the municipal debt crowdfunding company Neighborly closed on a $25 million Series A round. The Emerson Collective, the impact investing group led by Laurene Powell Jobs, took a leading position on both rounds.

Three Things Election Tech Officials Are Looking For The election tech market is, some people feel, on the verge of growth. From the first-ever Global Election Technology summit in San Francisco, we pulled together three common threads officials in this arena are pulling right now.

NASCIO: Blockchain Could Be Transformational The National Association of State CIOs thinks there is a lot of room for government to use the burgeoning technology of blockchain.

How One Tennessee County Is Using Drones The county's use cases center on law enforcement and public safety at the moment, from mountain rescues to firefighting.

Public-Private Partnerships Cool Down in Texas The director of strategic partnerships at Rice University's Kinder Institute weighs in on the hesitation to use P3s in Texas and asks whether the trend might impact the state's ability to invest in mobility.

MARKET SPOTLIGHT

How Do ShotSpotter's Financials Stack Up Against Other Public Gov Tech Companies? We pulled data from four other gov tech companies that have gone public in order to find out.

WATCHLIST

GovTech companies on our radar this week:

Frontline Public Safety Solutions: A startup offering data tools such as bicycle and vehicle management to public safety officials.

Run a GovTech company? Get on our radar here.

WHAT WE'RE READING

Government Doesn't Have a Tech Problem — Tech Doesn't Understand Government (Nick Bowden)

Nextdoor Looks to Advertising for Revenue(Fortune)

Exploring the Federal Government's New Spending Dataset (Hudson Hollister/Data Coalition)

 

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 biz@govtech.com.

Ben Miller Staff Writer

Ben Miller is the business beat staff writer for Government Technology. His reporting experience includes breaking news, business, community features and technical subjects. He holds a Bachelor’s degree in journalism from the Reynolds School of Journalism at the University of Nevada, Reno, and lives in Sacramento, Calif.