Checking on Utah’s startup scene as the economy slips ~ I World Find

Checking on Utah’s startup scene as the economy slips

Published on April 13, 2020 Category: Ajdi Technology, Tech News, Technically, technology

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Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

TechCrunch is taking a closer look at a few markets as the world changes. Following our dive into Boston late last week, we’re widening our scope and taking a peek at the state of Utah.

Utah’s startup scene has been in the news lately, with one of its better-known successes Podium raising $125 million, for example. The round valued Podium at around $1.5 billion, a healthy valuation for the company which recently reached $100 million ARR.

To get a handle on what’s going on in Utah, TechCrunch spoke with Qualtrics’ CEO and co-founder Ryan Smith about his home state. We’ve also snagged some recent news and venture data and taken a look at what the tech companies of Silicon Slopes are doing as a group. Let’s explore.