Robinhood Chooses Colorado for North American Expansion

Denver office eyed to become company’s second largest location 

Robinhood, a fintech startup that is transforming how people participate in our financial system through its proprietary technology-based platform, announced today they have selected Colorado as the expansion site of their fourth office. 

Robinhood forecasts the creation of up to 791 new jobs in the Denver market over the next eight years across a range of roles that span from engineering to operations. 

Colorado Announces Blockchain Council Final Report to the Community

The Colorado Council for the Advancement of Blockchain Technology Use announced the publication of its final report to the community chronicling the analysis and findings of the appointed Council experts. The Council, which concluded its charge in June 2019, was created by former Governor John Hickenlooper and continued under Governor Jared Polis to assist the state in meeting the challenge and promise of blockchain use in government. Polis’ goal is to establish Colorado as a national hub for blockchain innovation. The report can be found at ChooseColorado.com/blockchain.

The Colorado Council for Blockchain Technology Concludes One-Year Appointment

Following more than a year of work, the Colorado Council for the Advancement of Blockchain Technology Use will conclude its appointed charge on June 6, 2019. The work began by the council will transition to a consortium of state agencies who will contribute to the continued adoption and expansion of this disruptive technology in partnership with the State’s new Blockchain Solution Architect, Thaddeus Batt.

Early investment by State leads to long-term dividends for rural company

The Colorado Office of Economic Development and International Trade (OEDIT) works in many different facets of economic development, but a primary charge is supporting local entrepreneurs and businesses by providing them with the tools and investments needed to succeed.  GitPrime is one example of how early support can provide long-term dividends.

GitPrime announced this month they have been acquired for $170 million by the Utah-based company Pluralsight. GitPrime is a Durango software startup that helps engineering and computer programming teams improve their productivity.

Arrow acquires San Jose/India-based engineering firm of 1,500 employees

Centennial-based Arrow Electronics Inc. on Tuesday said it acquired San Jose-based eInfochips for an undisclosed sum.

EInfochips, founded by former Intel Corp. chip designer Pratul Shroff in 1994, is a project engineering firm that offers high-tech design services like chip design. It employs 1,500 people with many workers at its dual headquarters in India. Arrow’s services link customers to its engineers online to offer virtual collaboration.

Silicon Valley’s Marketo plants office in Denver to help develop marketing messages people want to hear

Last April, Steve Lucas walked into Marketo’s new temporary space in the Denver City Center and saw the head of human resources sitting at a desk next to the company’s only other Denver employee.

“They were at two desks and that was it, just staring at each other,” said Lucas, who became CEO of the San Mateo, Calif.-based marketing technology company in November 2016. “I just went ‘OK, … we can do this.’ We were hoping to get up to 150 employees by the end of the year.”