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Technology

Utah Money Watch provides perspective and contextual insights on all financial aspects of the Technology marketplace within Utah, from A.I. to blockchain and from SaaS to Consumer Electronics.

Utah-based AI-FinTech, Databento, has Landed a $97 Million Series B Funding to Build-out its Global Market-data Infrastructure

Utah-based AI-FinTech, Databento, has Landed a $97 Million Series B Funding to Build-out its Global Market-data Infrastructure

EXECUTIVE SUMMARY: ✅ New Enterprise Associates led the $97 million in Series B financing for Salt Lake City-based Databento, with participation from DRW Venture Capital, Redpoint Ventures, Tribe Capital, and other investors; ✅ The AI-FinTech data company says it reached profitability with only 24 employees, increased revenue to 6.65

NEWS OF NOTE No. 4 — Over $105 Million in Utah-Linked Public-Land Funding, Credit Capacity, Venture Deployment, Share-Exchange Activity and Defense-Tech Contracting, Plus Three Acquisition Stories

NEWS OF NOTE No. 4 — Over $105 Million in Utah-Linked Public-Land Funding, Credit Capacity, Venture Deployment, Share-Exchange Activity and Defense-Tech Contracting, Plus Three Acquisition Stories

EXECUTIVE SUMMARY: ✅ Salt Lake City, Utah-based PACS Group, Inc. plans to acquire operations tied to 34 skilled nursing facilities from Eduro Healthcare, while Salt Lake City-based Packsize has agreed to acquire the packaging business of Italy-based Panotec; ✅ Utah counties and local governments are slated to receive $53.

NEWS OF NOTE: Lunar Resources Plans $85 Million Utah Factory, HealthEquity and the Utah Jazz Enter Sponsorship Deal, a $44 Million Refinancing, and Five Other Newsworthy Items Comprise this Week's Writeup

NEWS OF NOTE: Lunar Resources Plans $85 Million Utah Factory, HealthEquity and the Utah Jazz Enter Sponsorship Deal, a $44 Million Refinancing, and Five Other Newsworthy Items Comprise this Week's Writeup

This edition of NEWS OF NOTE tracks recent Utah-related business, capital, real estate, public-finance, defense-tech, sports-business, industrial, land, and wealth-management announcements tied to over 25 organizations, including Lunar Resources, HealthEquity, the Utah Jazz, Ken Garff, ClearShift, Bartlett, Savage, Raymond James, Palladyne AI, the Utah DWR,

NEWS BRIEF: A Major Shareholder Plans to Sell 8 Million Common Shares of Pattern Stock in a Pattern Secondary Public Offering

NEWS BRIEF: A Major Shareholder Plans to Sell 8 Million Common Shares of Pattern Stock in a Pattern Secondary Public Offering

The stock sale gives a major Pattern shareholder a path to liquidity, but Pattern itself is not raising money through the transaction. 16 June 2026 — LEHI, Utah — Pattern Group (NASDAQ:PTRN) yesterday filed an S-1 registration statement with the U.S. Securities and Exchange Commission for an 8 million-

NEWS OF NOTE: A Utah Billionaire’s Bold Push to Buy Park City Mountain Resort, Crewe Advisors’ Growth-Capital Deal, and Other Recent Money Signals Across Utah

NEWS OF NOTE: A Utah Billionaire’s Bold Push to Buy Park City Mountain Resort, Crewe Advisors’ Growth-Capital Deal, and Other Recent Money Signals Across Utah

This first edition of "NEWS OF NOTE," a new recurring Utah Money Watch feature, tracks recent Utah-related business, capital, real estate, institutional, workforce, life-sciences, energy, sports-monetization, and education news items we believe are worth having on the record. Specifically, over 15 Utah-based entities and

Lehi-Based Entrata Files to Go Public, Revealing a Profitable $509 Million Utah Software Platform

Lehi-Based Entrata Files to Go Public, Revealing a Profitable $509 Million Utah Software Platform

The Silver Lake-controlled property-management technology company has applied to list on the NYSE under the ticker ENT, giving Utah another potential public-market anchor in vertical software, AI-enabled property operations, and rental-housing infrastructure. LEHI, Utah, 1 June 2026 — After five-plus months of nibbling at the

More Than $120 Million in Recent Utah Funding Shows Capital Moving Toward AI-Native Operating Infrastructure

More Than $120 Million in Recent Utah Funding Shows Capital Moving Toward AI-Native Operating Infrastructure

Recent funding rounds for Enzo Health, Findd, Fortem Technologies, pmtbox, and Tava Health point to a broader Utah capital signal: investors are backing companies embedded in the operating systems of behavioral health, commerce, healthcare, labor, and national defense. LEHI, LINDON, OREM, PROVO, and SALT LAKE CITY, Utah — Utah’s latest