Michigan has a rich history in the automotive industry, but did you know that the state is also home to a thriving technology sector? From software development to biotech, Michigan has produced a number of successful tech companies. In this article, we’ll take a look at some of the most notable tech companies that were started in Michigan.
Software Development
One of the most prominent areas of tech in Michigan is software development. Some of the companies that have made a name for themselves in this field include:
- Duo Security: Founded in 2010, Duo Security is a leading provider of cloud-based security solutions. The company’s platform helps organizations protect against cyber threats by providing secure access to applications and data. Duo Security was acquired by Cisco in 2018 for $2.35 billion.
- Compuware: Founded in 1973, Compuware is a software development company that specializes in mainframe solutions. The company’s products are used by organizations around the world to manage and optimize their mainframe systems. Compuware was acquired by private equity firm Thoma Bravo in 2014 for $2.5 billion.
Biotech
Michigan is also home to a number of successful biotech companies. Some of the notable companies in this field include:
- Lycera: Founded in 2006, Lycera is a biotech company that develops treatments for autoimmune diseases. The company’s most advanced product is an oral treatment for rheumatoid arthritis, which is currently in phase 2 clinical trials.
- ProNAi Therapeutics: Founded in 2007, ProNAi Therapeutics is a biotech company that develops therapies for cancer. The company’s most advanced product is a treatment for Hodgkin lymphoma, which is currently in phase 2 clinical trials.
FAQs
What are some of the most successful tech companies that were started in Michigan?
Some of the most successful tech companies that were started in Michigan include Duo Security, Compuware, Lycera, and ProNAi Therapeutics.
What are the main areas of tech in Michigan?
The main areas of tech in Michigan include software development and biotech.
Conclusion
Michigan has a thriving technology sector that includes companies in areas such as software development and biotech. The state is home to several successful tech companies, including Duo Security, Compuware, Lycera and ProNAi Therapeutics. With the support of organizations like the Michigan Economic Development Corporation, the state continues to foster a strong environment for technology companies to grow and thrive.