Posted inThe Startup Line

Google thinks Orono startup has what it takes to change the world

Susan MacKay thinks her company can help solve Earth’s water crisis … and Google thinks she might be right. Google executives recently picked MacKay, CEO of Orono-based Cerahelix, as a finalist in its global competition for world-changing ideas — a contest the Silicon Valley giant calls “Solve for X.” MacKay’s “moonshot” — the term Google uses to describe these Earth-shattering ideas — […]

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Portland co-working space shutting its doors

— One of Portland’s co-working spaces is closing, leaving 10 tenants to find new digs. The Casco Bay Tech Hub’s co-working space at 30 Danforth St., known as the Business Innovation Center (BIC), will close May 1, according to an email tenants received Wednesday. Kai Smith, co-founder of Buoy Local, a startup that offers buy-local gift […]

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Portland’s Tilson Technology raises $2.2M in Series B round

Tilson Technology Management, a Portland-based IT services firm that builds telecommunications networks (think: putting up cell towers and laying fiber), has raised $2.2 million in a recent investment round, according to a filing with the U.S. Securities and Exchange Commission. Tilson raised the Series B round from Rand Capital Corp. and Maine’s own CEI Ventures. While this is Rand’s first investment […]

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Two Maine tech execs shift roles, take on new challenges

Two notable executives in Maine’s tech sector are in the process of updating their resumes. Taking Maine expertise global After helping Ocean Renewable Power Co. become known as one of the most innovative energy companies in the country, John Ferland is taking on a new role as president of its spin-off consulting business, ORPC Solutions. Portland-based ORPC made history in […]