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. Though founded in Richmond, the company sees Durham as the “anchor” of its operations in the...
Source: wraltechwire.com
