South Downtown, one of Atlanta's oldest commercial districts, was once a hub for entrepreneurial activity — where brands such as furniture store Havertys and former department store Rich's got their start. Now, amid a major revitalization, the century-old buildings in this district are filling with founders again.
Video production software startup AdPipe has opened a headquarters in South Downtown, moving its operations from Athens. It now has a standalone office at Atlanta Tech Village's South Downtown outpost on the Historic Hotel Row. AdPipe announced a $12 million Series A round of funding to fuel its growth. The round was led by New York venture capital firm LGVP, with participation from Frame.io founder Emery Wells, Atlanta Ventures, Tom Noonan and Engage VC.