Terazo, "anchored" in Durham, raises first $10.5 million to expand
DURHAM – The software development and managed services firm Terazo, jointly based in Richmond, Va., and Durham, has raised $10.5 million, led by Tercera with participation from Twilio. The funding will allow the company, which was founded in Richmond in 2016, to expand, including hiring to staff a Charlotte office, and a number of remote-based positions, as it plans a national expansion. Prior to this fundraising round, the company’s first, the company was backed financially by its founders...
Source: wraltechwire.com