WizeHive, provider of a leading SaaS platform – Zengine – which enables full lifecycle management of grants, scholarships, and fellowships, today announced a growth capital investment from private equity firm LLR Partners. The capital will be used to help drive continued growth at WizeHive, accelerate the advancement of the Zengine platform, and strengthen customer success […]
Bucks County is focused on building a community of startups and entrepreneurs as its economy emerges from the pandemic. The county is funneling funding into programs like nonprofit Startup Bucks’ early-stage startup program, as well as allocating money to its Office of Workforce and Economic Development to support entrepreneurs. Bucks County has allocated $250,000 to […]
Philadelphia continues to build on a legacy of intellectual innovation. Meet the technology thought leaders shaping our city—and the world. Dr. Subha Airan-Javia, Founder and CEO, CareAlign After spending 11 years as a healthcare information technology physician, Dr. Subha Airan-Javia began to notice the gaps and barriers impeding the clinical workflow. One of the biggest […]
Acquisition follows successful partnership launched in June 2020 Toast, the end-to-end cloud platform purpose-built for the restaurant community, today announced it acquired XtraCHEF, a suite of back office tools for restaurants, including accounts payable automation and inventory management. Designed from the ground-up for restaurants of all sizes, xtraCHEF arms operators to take control of rising […]
Private equity firm Thoma Bravo will acquire King of Prussia-based Greenphire via a strategic investment, the companies announced Wednesday. Thoma Bravo is purchasing the clinical trial payment company from The Riverside Company in a deal that is expected to close by the end of this fiscal quarter. Financial details of the deal were not disclosed. […]
Since software company Piano raised its Series B in early 2019, it has upped its local headcount and moved into The Bourse in Old City. Now, two years and a global pandemic later, leaders at the B2B company said they have raised an $88 million Series C round of venture funding, and are looking forward […]
Ambler-based HR tech company Phenom just announced a $100 million Series D round of financing shortly after it acquired its third company in six months. The round was lead by B Capital Group with participation from Dragoneer Investment Group, OMERS Growth Equity and GoldenArc Capital. Phenom raised a $30 million Series C at the beginning […]
After a year when Piano’s leadership says it shattered sales projections, the B2B software company has hopes of growing even more. But hiring new talent and continuing to grow during a pandemic presents its own challenges. Piano helps media companies and brands design unique content experiences to drive subscriptions and advertising revenue, as well as […]
September 20, 1990 was a day which changed the trajectory of my life. I was 8 years old, huddled on the floor with my parents and five siblings in a bomb shelter in Kuwait. The ground was shaking from the nearby explosions. People around me were crying or praying. I’d never seen my parents look […]
In 2015, an unexpected meeting between two Terps – who graduated 18 years apart – led to the creation of Instinct, a software designed specifically for veterinary hospitals. Here’s how it happened. After graduating from veterinary school in 2008, Dr. Caleb Frankel ’04 hoped to someday open a chain of specialty animal hospitals. But while […]