ANN ARBOR — Cybersecurity company Duo Security said it topped $100 million in annual recurring revenue in 2017, following news in October its valuation topped $1 Billion after a $70 million venture capital investment. “2017 was an important and exciting year for Duo, during which we expanded our leadership position and further solidified our place
NOVI — Danlaw announced the release of a new antenna intended for connected-vehicle applications. The Through Glass Integrated V2X Antenna pairs with Dedicated Short Range Communications wireless systems to enable vehicle-to-vehicle and vehicle-to-infrastructure communications. Traditional aftermarket antennas, require drilling holes or passing cables through window and door openings, which risks damaging vehicle seals. Danlaw’s dual-radio,
LANSING — The Lansing-based managed hosting services provider Liquid Web LLC has announced the purchase of Oklahoma City-based iThemes, a provider of WordPress plugins that include BackupBuddy, iThemes Security Pro, multiple site management Sync and iThemes Sales Accelerator. Liquid Web officials said iThemes will continue to function as an independent unit within Liquid Web. All
SOUTHFIELD – The Michigan Strategic Fund has approved a one-year, $100,000 extension to fund the Lawrence Technological University Collaboratory Gatekeeper Business Incubator. The grant runs from April 1 through March 31, 2019, and was part of $1.7 million in state grants to support entrepreneurial resources. This is the third year LTU has received the grant
ANN ARBOR — Ownership of cars and light trucks are on the upswing, says a University of Michigan researcher. In his 10th report in a series examining changes in various aspects of motorization in the U.S. since 1984, Michael Sivak of the UM Transportation Research Institute found that light vehicle-ownership rates per person and per
DETROIT — The cable TV, internet and phone provider WOW, formerly known as Wide Open West, has announced the avalability of one gigabit-per-second internet service to its residential and business customers in metro Detroit. “We’re seeing an increasing number of families and individuals that have heavy data demands due to multiple Internet-enabled devices in the
PLYMOUTH — Comcast Corp. announced it would expand its new 1-gigabit-per-second internet service across southeastern Michigan, Flint and Bad Axe by early spring to residential and business customers. The company will also launch the service across most of Comcast’s service area in West Michigan, including Grand Rapids and Holland, on Jan. 31. Comcast’s new gigabit
ROYAL OAK - Lawrence Technological University Dean of Students Kevin Finn talks about LTU’s transition from commuter to residential school, with yet another dorm that will house another 300 students, upping LTU’s residence hall occupancy to near 1,100 students living on campus. Some 4,200 students attend LTU. LTU also is expanding its sports programming with
DETROIT — Nexteer Automotive, the Saginaw-based developer of electric steering technology, announced the expansion of its advanced steering technology suite at the 2018 North American International Auto Show. “While these industry-leading innovations can each stand on their own merit, the real game-changer is the combination of technologies in a single suite of technologies,” said Jeff
LIVONIA — Roush, the Livonia-based automotive technology provider, said it has purchased the largest powdered metal 3D printer in the world, the Xline 2000R. The company said the machine has a “build envelope” — the cube in which three-dimensional structures can be built, one thin layer at a time — of 800 by 400 by
