Technology

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.

Domo, Chapter 3:  With its Two Latest SEC Filings, Domo has Apparently Checked the Final Boxes for its $400 Million Asset Sale to Progress Software, Which Domo Now Expects to Happen By 30 September 2026

Domo, Chapter 3: With its Two Latest SEC Filings, Domo has Apparently Checked the Final Boxes for its $400 Million Asset Sale to Progress Software, Which Domo Now Expects to Happen By 30 September 2026

EXECUTIVE SUMMARY ✅ American Fork, Utah-based Domo has filed its definitive Schedule 14C Information Statement (Form DEFM14C) with the U.S. Securities and Exchange Commission, advancing its proposed $400 million asset sale to Progress Software toward a final closing date. ✅ Domo now expects the transaction to close by the end
David Politis
NEWS OF NOTE No. 6:  University of Utah Health Wins a $30 Million R&D Grant; Utah-based IntelliPay is Acquired for up to $15 Million; Quantizr Raised $5 Million; Murphy Door Acquired MHD; Plus Broad Higher Education Tightening and Major C-Suite Shifts

NEWS OF NOTE No. 6: University of Utah Health Wins a $30 Million R&D Grant; Utah-based IntelliPay is Acquired for up to $15 Million; Quantizr Raised $5 Million; Murphy Door Acquired MHD; Plus Broad Higher Education Tightening and Major C-Suite Shifts

EXECUTIVE SUMMARY ✅ University of Utah Health has secured a $30 million federal research grant to lead a multi-center study about Alcohol Withdrawal Syndrome; ✅ Salt Lake City-based IntelliPay has been bought for up to $15 million by Priority Technology; ✅ Park City, Utah-based Quantizr has raised $5 million Seed
David Politis
26 Startups, Three Minutes Each, Pitching for Dollars at Kinect Capital’s 43rd Investors Choice Conference this Thursday, September 3rd

26 Startups, Three Minutes Each, Pitching for Dollars at Kinect Capital’s 43rd Investors Choice Conference this Thursday, September 3rd

EXECUTIVE SUMMARY ✅ Twenty-six companies are scheduled to make three-minute investor pitches on Thursday, Sept. 3 during the 43rd annual Investors Choice Conference produced by Salt Lake City-based nonprofit Kinect Capital. ✅ The field stretches across AgTech, AI, biocomputing, ClimateTech, consumer products, energy storage, medical devices, pharmaceuticals, robotics, VR,
David Politis
With its $58.25 Million Series B Funding, Utah-based Xenter Plans a Diagnostics Business Launch and Continued Work on Advancing AI-Empowered Medical Devices

With its $58.25 Million Series B Funding, Utah-based Xenter Plans a Diagnostics Business Launch and Continued Work on Advancing AI-Empowered Medical Devices

EXECUTIVE SUMMARY ✅ Draper-based Xenter has raised $58.25 million in Series B funding, apparently the largest Life Sciences disclosed funding by a Utah-headquartered firm so far in 2026. ✅ The company plans to use the capital to commercially launch Xenter Diagnostics, while continuing development of its investigational medical devices
David Politis