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CEI Ventures closes fourth venture fund, has $20M under management

Lori Valigra |

CEI Ventures has closed its fourth fund, Coastal Ventures IV LP, at just under $10 million, with the monies targeted at small businesses in Maine and the Northeast.

Report: Maine has more sci-tech companies and workers, but lags in other areas

Lori Valigra |

A new report finds that the number of science and technology companies and jobs in Maine is rising at the same time investment in innovation by both companies and universities has remained low.

Tech program links students to business

A new education trend based on combining classroom instruction in science, technology, engineering and math benefits with hands-on challenges requiring real-world solutions is paying off for a...

Tyler Technologies lands $16.8M contract with Maine's court system

James McCarthy |

Tyler Technologies Inc. (NYSE: TYL) signed a $16.8 million contract with the Maine Judicial Branch to implement a unified electronic case management system for all courts and types of legal cases in...

Seven companies receive MTI funding

The Maine Technology Institute has awarded $33,100 in funding that’s intended to advance new products and process development at seven companies across the state.

LePage honors three companies for 'business excellence'

Gov. Paul R. LePage presented three Maine companies with a “2016 Governor's Award for Business Excellence” during a reception Tuesday at the Blaine House in Augusta.

Large company runner-up: Tilson

How would you describe your company’s core mission?:Our mission is to serve our customers by building, integrating and...

UMaine at Presque Isle students map with drones

Drone technology for practical application is getting a boost at the University of Maine at Presque Isle, where students and professors in the geographic information systems program deployed two DJI...

Prepare a data center for disaster recovery

Mike Reed |

The top 15 employers in the state of Maine are all medical centers, universities, financial institutions or government entities. All of these organizations have something else in common — they...

Mainebiz announces finalists for 'fastest growing' awards

Staff |

Mainebiz has chosen eight companies as finalists for the Mainebiz “Fastest Growing Companies in Maine” awards. All eight companies have exhibited tremendous growth over three years and...