The organization hopes to place 250 students in internship programs with high-tech companies throughout the state.
Do you know the difference between UCaaS Business and UCaaS Enterprise?
McKesson and Medidata also took part in the funding round, which was announced last August.
Minnesota records an A and a B on latest state telemedicine report cards.
The application process runs through April 28.
The expansion is expected to create the need for 19 new hires.
Both companies worked within the field of IT asset disposal and provide data management solutions.
Shares were down 9 percent, largely due to the company’s lower-than-expected fiscal 2017 outlook.
New defenses and employee training help companies battle serious cybersecurity threats.