Tampa-based funding group helps raise $1.5M for Orlando tech company
May 27, 2020 - The Institute for Commercialization of Florida Technology helped Yac Media Inc. raise more than $1.5 million. Yac, an Orlando-based technology company, is developing a communication platform for remote work teams, a news release said. The product was built with a small team in mind to replicate the details of an office environment, but with the ability to scale up to a couple of thousand people, Hunter McKinley, Yac CMO, said in the release. The Florida Institute, based in Tampa, collaborates with corporate, academic, and investment partners to drive innovation-based economic development across the state. Florida Funders won a bid to manage the institute's portfolio last year.