SCRA Technology Ventures’ SC Launch Board said Friday it recently concluded investments for Pandoodle and TerraStride, companies based in Columbia that received board approvals in March.
“We are delighted to support these companies that are bringing innovation and high-tech jobs to South Carolina,” SCRA CEO Bill Mahoney said. “We congratulate these companies for reaching this milestone in their development and look forward to the future achievements and outcomes they will have in South Carolina.”
Pandoodle specialized in monetizing online videos and images. Pandoodle’s technologies and production systems automatically analyze images or videos on an online site and then customize in-image/video content and advertising linked to what the viewer sees. Pandoodle has been in the SC Launch program since October 2011 and this is the third tranche of investment for the company.
TerraStride has been a SC Launch company since June 2014. The company designs and produces map-based software for high-value niche markets. The company has two product lines: TerraStride Pro, a land brokerage software, and HuntStand, a next generation hunting and land management software package. The SC Launch investment will be used for new hires, which will be high-paid, technical development professionals.
SCRA Technology Ventures supports research commercialization and promotes the development of high tech industries
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