SUMMERVILLE, S.C.--(BUSINESS WIRE)--SCRA Technology Ventures’ SC Launch presented a “big check” investment of $200,000 to Columbia-based company TerraStride yesterday evening during the EngenuitySC Science Café in Columbia, S.C.
TerraStride, an SC Launch company since June 2014, designs and produces map-based software for high-value niche markets. The company currently has two distinct product lines: TerraStride Pro, a market-leading land brokerage software, and HuntStand, currently the number one hunting and land management software package in the country. The SC Launch investment will be used for new hires, which will be high-paid, technical development professionals.
“We are delighted to celebrate this milestone with TerraStride,” said SCRA CEO Bill Mahoney. “Fostering the growth of technology-based, entrepreneurial companies like TerraStride is an honor. We are glad to support this technology and the high-tech jobs it will continue to develop in South Carolina.”
About SCRA Technology Ventures
SCRA Technology Ventures enables research commercialization and promotes the development of high tech industries, enhancing South Carolina’s technology-based economy. Through its flagship SC Launch program, this SCRA business sector makes investments in and offers support services to South Carolina’s early stage, start-up technology companies.
Multiple economic impact studies show SCRA's cumulative output on South Carolina's economy to be over $18.1 billion, and that the company has helped create approximately 15,000 technology-related jobs in the state, with annual wages averaging between $55,000 and $79,000.
