Hangar raises $15 million for its venture studio for government technology startups

Image Credits: Bryce Durbin / TechCrunch. Article by Jonathan Shieber.

Josh Mendelsohn, the former Bloomberg digital campaign advisor and venture studio founder, thinks that cash-constrained government agencies from the local to the federal level aren’t using technology effectively enough to meet the challenges they face.

That’s why the founder of Engine and former managing director of Hattery launched Hangar with a $15 million commitment from his former boss and the Kresge Foundation to build companies that will help solve problems that governments haven’t tackled effectively. […]

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