If you were to build a map of the country in terms of Venture Capital Firms, Next Frontier Capital would be the name hovering over the State of Montana. In fact, CB Insights did just that.

For those of you who caught Monday's Montana Talks statewide radio show, we spoke with Les Craig from Next Frontier Capital. Les is a former Army Ranger, and CIA veteran who started his own high tech company before moving to Montana.

We spoke with Les about Next Frontier Capital and how they have been able to leverage $141 million in funds to companies right here in Big Sky country.

Here's more from Next Frontier Capital's quarterly update:

MT Continues to Attract Major Company Operations and Investment
Companies investing in MT operations include the following: ClassPass, Perficient, Lexis-Nexis, FICO, Oracle, SoFi, Figure, Workiva, FLIR, Boeing, Applied Materials, Kampgrounds of America, Dataminr, Cognizant, and Intertek.

Notable recent Montana PE and M&A activity includes:

  • Elixiter, Bozeman (Acquired October 2018 by Perficient, NASDAQ: PRFT)
  • Advanced Technology Group, Missoula (Acquired September 2018 by Cognizant, NASDAQ: CTSH)
  • Wisetail, Bozeman (Acquired by Alchemy Systems in 2017, Alchemy acquired by Intertek Group LON: ITRK in August 2018)
  • Printing for Less, Livingston/ Bozeman ($25M Growth stage investment from Goldman Sachs, April 2018)

Nationally acclaimed professional service partnerships with top tier technology companies include the following: Medallia and Qualtrics (commonFont - Bozeman), SalesForce (Now it Matters - Bozeman), Marketo (Elixiter - Bozeman), and Oracle (Helix - Dillon).