Ministry-based technology company Gloo raises $110 million in financing

A Colorado-based company that specializes in technology services for ministries and faith-based organizations announced that it has raised $110 million in financial investment. Gloo, which was founded in 2013 by Scott and Theresa Beck and is headquartered in Boulder, announced last week that the funds will go to an assortment of projects. Gloo Chief Solutions Officer Brad Hill told The Christian Post via email that the $110 million sum represents his company’s “largest single capital raise” and came “with substantial contributions from faith-aligned investors.” “This funding also represents the most...