Posted February 10, 2019 07:19:50A Nebraska education technology company is looking for $1.9 million in taxpayer funding to help it expand its business.
The Lincoln Journal Star reports that Kaleidoscope Networks is looking to hire 10 to 15 people to help with the business expansion, which could include expanding its website, expanding its network, and hiring additional employees.
The company’s founder, Brian Staudenmaier, told the newspaper that the money would be a “significant boost” to the company’s business and the Nebraska education community.
Kaleidoscopes website, a Nebraska online encyclopedia of learning, technology, and culture, is available at kaleidos.com and is in beta testing.
Staudenman is seeking an additional $500,000 in the state’s fiscal year 2019-2020 for an expansion of its operations.
In the current fiscal year, the state is reporting a $4.6 billion budget deficit.
Kaliakot, a Kalei-based technology company, is a subsidiary of Kaleicos.
Kalo Kaleis is an online encyclopedia with more than 15,000 pages.
Kaleikot’s website lists the company as the owner and operates under the Kaleida-Kalei company umbrella.KALOKOT CEO ANDREW C. HENRY/STAUNT REPORTKALA KALEIDOS LLC-MEMPHIS, Tenn.
(AP) – Kaleideas, the online encyclopedia and community site that was founded in Nashville in 2015 by an entrepreneur and entrepreneur family, has filed for bankruptcy protection in Tennessee, a company spokeswoman confirmed Tuesday.
The Tennessee Business and Commerce Commission says Kaleids bankruptcy filing will be effective on Wednesday.
It didn’t give a reason for the filing.
Kales parent company, Kaleido, filed for Chapter 11 bankruptcy protection last week in the U.S. Bankruptcy Court for the District of Columbia.
Kalalois parent company filed for protection in New York on Monday, citing financial difficulties and an inability to pay the creditors it owes.
Kales bankruptcy filing is a blow to Kaleinios parent company and Kaleidenos parent group, the company said in a statement.
The group had previously filed for a bankruptcy in the United States in 2017, but Kaleides bankruptcy filing would likely be the first time it would file for bankruptcy in Tennessee.