Mark Gritter (markgritter) wrote,
Mark Gritter
markgritter

MN startup news

ZenCoder, a Y Combinator alumnus founded by Minnesotan Jon Dahl, has been purchased by BrightCove. (The company relocated to San Francisco about a year ago.)

Unfortunately, today also saw the annoucement that local startup PedalBrain is being wound down--- sounds like a multipart acquisition broke down, and they don't have the wherewithal to continue. Founder Matt Bauer is a good guy; he had an interesting talk a couple years ago at MinneBar about the challenges of being a hardware (retail!) startup.

Tonight is Minnedemo, but I won't be attending. Snark may even have to wait until the video replay is available. :)
Tags: minnedemo, minnesota, startup
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