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Utah's Tech Industry is Growing. Its Lobbyists Say Utah Needs Socially Progressive Laws To Keep It Going.


KUER
Companies try to combat negative ideas about Utah through marketing campaigns and other recruiting tactics. But lobbyists say companies can’t change the state’s reputation on their own.
Anyone driving past the Point of The Mountain from Draper into Lehi has likely seen half a dozen cranes erecting glassy office buildings. They’re making room for Utah’s booming tech industry.
Companies and the state want that growth to continue, but industry leaders argue that in order to do that, the state’s image needs some work.
To get there, tech lobbyists are pushing for more socially inclusive legislation at the state Capitol. ....

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Latest unicorn: $300M funding round gives Utah-based fintech company MX $1.9B valuation


LEHI Utah-based fintech company MX has become Silicon Slope s next unicorn after a staggering $300 million funding round quadrupled its valuation to $1.9 billion making it one of the largest private companies in the Beehive State.
MX, which was founded in 2010, works behind-the-scenes to aggregate data for banks that give the consumer a better user experience. If you ve ever been shaken by a transaction showing confusing letters and numbers and think it must be fraud, you ll appreciate MX s data cleansing, which takes all of that away and replaces it with the company s name. That s just one example of how MX is working to make finances easier for everyday life, according to CEO and founder Ryan Caldwell. ....

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