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Business News

Cradlepoint raises $48 million to keep growing (access required)

Cradlepoint Technology in Boise has raised $48 million from investors to help bolster its international expansion efforts, expand the cloud platform connected to its wireless routers and potentially acquire other companies. The series B round of growth equity funding was ...

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Bike sharing will start in Boise this month (access required)

Bike sharing will roll out in downtown Boise during April. Boise’s bike share program, called Boise Green Bike, will start with 15 docking stations and 114 bikes in the greater downtown area as far out as Boise State University, the ...

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Kindergarten enrollment drops across the state (access required)

Kindergarten enrollment dropped in 2014 in Boise and across the state, and Boise district superintendent Don Coberly has a theory about what happened. He links the dropoff to the Great Recession from five years earlier. The economic downturn may have ...

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Lawmakers want a say on broadband

Before the state writes a new contract to provide high school broadband, lawmakers want their chance to weigh in. Both the Idaho House and Senate have passed resolutions to create a legislative “interim committee” to study the issue. The moves ...

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Eastern Idaho counties combine economic development efforts (access required)

Grow Idaho Falls and Bingham Economic Development Corp. are joining forces under the new name Regional Economic Development Corporation for Eastern Idaho, or REDI, becoming the latest region of the state to combine economic development and business attraction efforts. The ...

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Crapo’s legislation would examine CFPB, Dodd-Frank regulations (access required)

Financial regulations are discouraging the formation of new banks and credit unions, said Idaho Republican Sen. Mike Crapo, who has put forth legislation aimed at making sure such rules are examined regularly. Crapo introduced federal legislation that would require a ...

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COMPASS gets federal grant to improve freight truck planning (access required)

A $225,000 federal grant will help Community Planning Association of Southwest Idaho to better incorporate freight trucks into its next update of Communities in Motion 2040, the regional long-range transportation plan. This Strategic Highway Research Program (SHRP2) grant from the ...

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Sun Valley entrepreneur launching SkyMall successor (access required)

Scott Jordan has gone from contemplating running an ad in SkyMall earlier this year to launching what could be a successor to the now-bankrupt airplane advertising magazine. Jordan, also the founder of the travel clothing company Scottevest, is launching Sky2Buy, ...

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