New Gov Tech Venture Capitalists Focus on Sweat Equity for Overlooked Companies
Plus, Seneca Systems raises $3.5M seed round, how does local government measure the value of open data programs and more.
TOP NEWSInState Partners Puts a Spin on Gov Tech Venture Capital Taking a "sweat equity" approach, this new venture capital firm in the gov tech space aims to give its portfolio companies a path to their early customers. And it's doing it with a unique focus on middle America.
Seneca Systems Raises $3.5M Seed Round For the young constituent services company, the word is "speed."
How Does Local Government Measure the Value of Open Data Programs? It used to be that local government embraced open data for transparency's sake. But now that open data is past the shiny-and-new stage, how do they think about the value of open data?
Idaho Testing Smart Pavement Markers The state's transportation department is rolling out a testing program for solar-powered markers that react automatically to changes in ambient light.
Not Everybody Thinks Berkeley's Blockchain Bond Idea is a Good One The city has a few elected officials who want to work with Neighborly try selling bonds in smaller chunks, documenting the transactions on a blockchain and even accepting cryptocurrency. It's hard to think of a technology that draws more buzz than blockchain at the moment, but the plan has its skeptics.
In New York, Two Separate Paths to Bring Together Cities and Startups In the debut episode of the "Go Public" podcast, members of both Governing and Government Technology talk about the paths startups are taking to work with government in New York City and elsewhere.
WATCHLISTGovTech company on our radar this week:
Xaqt: Data integration, analytics and visualization for government, built to handle established data sources as well as emerging ones such as smart city technology.
Run a GovTech company? Get on our radar here.
WHAT WE'RE READINGNew Orleans Leaders Kept in the Dark about City's Use of Palantir (The Verge)
Predictive Policing Edges Toward Gang Activity, Raising Fresh Concerns (Science Magazine)
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 email@example.com.