Tech News

Forbes 30 Under 30

December 3, 2020

Forbes 30 Under 30 with our portfolio company Orai A Pakistani native who grew up in East Africa, Danish Dhamani (pictured center) was terrified of speaking in classroom presentations and job interviews when he moved to the U.S. He founded speech-coaching app Orai (for “oral AI”) with Drexel University classmates Aasim Sani (COO, pictured left) […]

7 Philadelphia-Area Companies Make Deloitte’s List of 500 Fastest-Growing Tech Firms

November 23, 2020

Seven companies from the Philadelphia region landed on Deloitte’s 2020 Technology Fast 500 list, with an Ambler firm leading the way locally. The Deloitte list ranks the top 500 North American tech and life sciences companies based on revenue growth averaged across 2016 to 2019. Specific revenue figures are not listed. Phenom People, which has […]

RealLIST Engineers 2020: Meet 21 Influential Technologists Building a Better Philadelphia

November 18, 2020

This year has presented plenty of problems for us both as people and as professionals. We’ve watched a global pandemic change so much about how we navigate our personal and work lives, and a social and racial justice movement bring to light the many flaws in our existing systems. It’s upended how and where we […]

Meet the Tiny Philadelphia Startup Behind Joe Biden’s Victory Drone Show

November 16, 2020

As the world’s eyes were transfixed on Wilmington last weekend for President-elect Joe Biden’s victory celebration, viewers watched as the post-speech fireworks show was upstaged by a high-tech drone light show. Red, white and blue lights moved across the night sky in sync, taking the shape of a map of the United States, the Biden […]

Software Update: Exton-Based AGI Sold For $700M, Pa. Probes Unisys Uutage, SAP Shares Down

November 12, 2020

Ansys, a software simulations maker in the Pittsburgh suburb of Canonsburg, will pay $700 million for Analytical Graphics Inc. (AGI), an Exton-based maker of “mission simulations” that warn satellite operators when their products might hit burned-out rockets and other debris orbiting Earth. Both companies sell to U.S. military, intelligence, space, and commercial buyers. Ansys, with […]

Insurance Tech Company Livegenic is Acquired by Australia-Based Claim Central

October 27, 2020

The 2014-founded cloud-based video insurance company Livegenic, which has an office in The Curtis building and a distributed global team, was acquired this month by one of its key investors, Claim Central. Livegenic allows customers to stream video from their phones between property and casualty insurance organizations and their customers to connect all parts of […]

Pennsylvania’s Black Tech Entrepreneurs Forge A Path

October 15, 2020

Black leaders and entrepreneurs in technology aren’t new to the scene. Think of inventors like Dr. Mark Dean, who contributed numerous key patents for the development of the personal PC during his time with IBM, or Annie J. Easley, who developed software for NASA’s Centaur rocket stage. Both Dean and Easley had to navigate more […]

HR Tech Company Phenom Makes its First Acquisition: AI-Driven Scheduling Platform My Ally

September 30, 2020

Ambler-based HR tech company Phenom (née Phenom People) announced Wednesday that it had acquired AI-driven HR tech company My Ally, maker of an intelligent, omni-channel interview scheduling experience. The acquisition comes about eight months after Phenom raised a $30 million Series C with plans of expanding its technology, the Phenom Talent Experience Management Platform, which […]

Ben Franklin Companies Honored at PACT Enterprise Awards

September 15, 2020

Ben Franklin companies Tridiuum and InstaMed, as well as Ben Franklin board member John Castleman, each took home top honors at this year’s PACT Enterprise Awards, webcasted on September 9. Triduum took home the award for top Healthcare Innovator, while alumni company InstaMed took honors for top Technology Company. Board member John Castleman was recognized […]

Money Moves: 3 Life Science and Health IT Companies Raise Funds — and One Goes Public

August 24, 2020

TrekIT Health, creators of a digital platform through which an entire medical team could access documents and care instructions for patients, has raised $1 million in additional seed funding. The round was led by Tech Council Ventures with participation from Boston Millennia Partners Founders Fund and Front Row Fund, who join existing investors including IP […]