Orlando-based startup Soderstrom has raised $25 million in a Series A funding round led by a consortium of venture capital firms and angel investors. This comes after the company’s successful pre-Series A funding round last year, which raised $5 million. With the new influx of capital, the startup hopes to reach $50 million in revenue within the next five years. This article will explore the details of the funding round and what it could mean for the Orlando-based startup. Overview of startup Orlandobased, a Florida-based startup offering software solutions for small businesses, has secured $25 million in Series A funding from investors including Attractland Ventures, Soderstrom Capital and 50m. Founded in 2016, Orlandobased is one of the hottest software companies in the startup landscape of recent times. They have been expanding rapidly, topping several milestones within a short period. This latest funding move shows investors believe in their ideas and progress. This latest round of investment values Orlandobased at an estimated $350 million pre-money. It will help the company expand its product portfolio and hire top talent who can drive their growth even further. Alongside this big money injection, key members from Soderstrom Capital and 50m have joined Orlandobased’s Board

Orlando-based Beep Inc. has announced the completion of its $25 million series A extension, led by ABS Capital, bringing the company’s total funding to approximately $50 million. Beep is an autonomous shuttle company working to revolutionize transportation worldwide through innovative solutions. This additional funding will help Beep to expand their reach and continue developing the technology that will shape tomorrow’s mobility solutions. Beep was founded in 2017 to provide safe, accessible public transport for commuter and passenger services in communities of all sizes. In addition to its shuttles, Beep provides services such as fleet automation and operational efficiency for autonomous vehicles. The additional funding from ABS Capital will allow Beep to increase their R&D investments into robotics, autonomous navigation, artificial intelligence, fleet operations and management systems needed for large-scale deployments of self-driving shuttles in cities worldwide. This investment builds upon seed investments from Compound and RPM Ventures earlier this year which helped fund the growth of Beep’s platform suite. The additional capital will be used to hire additional talent in research & development, product development and marketing & sales, while lowering costs associated with testing at scale in preparation for upcoming commercial rollouts in early 2020. Overview of Beep Beep

The Trump Media-Truth Social merger is an important business move both companies’ shareholders recently approved. By merging, Trump Media and Truth Social will become one entity, allowing them to gain economies of scale and expand their reach into many different markets. The merger will combine the strengths of both businesses, creating a dynamic platform with a global reach that has the potential to create powerful digital experiences for its customers. For example, by integrating both companies’ technologies, users can now access more comprehensive data sets for market research, more advanced content delivery options for film and video streaming services and more leverage when dealing with advertising partners. This merger also has positive implications for innovation as it will bring together some of the best media and technology development minds from each organization. As these two companies come together, they can draw from their respective industries’ expertise to create new products and services that leverage their core competencies. Overall, this strategic move proves what can be achieved when two ambitious organizations work together towards a shared goal. By taking advantage of each other’s strengths and capitalizing on combined resources, they have created an entity with considerable potential to generate substantial returns