Author: technically_repost

These Philly Startups Were Accepted into Y Combinator’s Summer 2021 Cohort

July 13, 2021

Two Philadelphia-based startups are participating in the prominent Silicon Valley accelerator Y Combinator this summer for its second summer of virtual sessions running from June through August. Therapeutics company SFA Therapeutics, Inc. and AI-based customer-facing calls startup q&ai joined the summer 2021 batch. This summer session includes 152 companies from five continents, and startups offering […]

Investment Firms are Set to Acquire Chesterbrook-Based Boomi From Dell in a Deal Valued at $4B

July 12, 2021

Boomi is set to have new owners. The Chesterbrook-based SaaS company, which was first acquired by Dell more than a decade ago, is now the center of an impending deal to be spun out of the computing giant to global investment firms Francisco Partners and TPG Capital. The definitive agreement for the acquisition, announced in […]

KOP Clinical Payments Company Greenphire Set to be Acquired by Thoma Bravo

May 27, 2021

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. […]

RealLIST Connectors 2021: Meet 20 People Changing Philadelphia’s Innovation Ecosystem for Good

May 25, 2021

In a time of distance and division, local innovators are working to bring people together for good. Last year, Technical.ly set out to create a comprehensive look at who’s connecting the Philly tech community, especially amid a pandemic and widespread societal inequities. RealLIST Connectors was born. The concept was this: If you’re brand new on […]

B2B Software Company Piano Raises $88M Series C, with Strategic Investment From LinkedIn

May 18, 2021

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 […]

Here’s How Many B Corps are Based in Philly Right Now

May 6, 2021

We live in a society where billionaires like Tesla founder Elon Musk, Amazon founder Jeff Bezos and Microsoft cofounder Bill Gates make daily headlines for the wealth they have accrued and the challenges their workers face on the job. If you’re not as plugged into the social entrepreneurship or impact investing movements, it can be […]

Ambler’s Phenom Raises a $100M Series D After Acquiring 3 Companies in 6 Months

April 8, 2021

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 […]

Coded by Kids is Bringing an Inclusive Lens to the Mentor Connect Founders Program

April 6, 2021

Mentorship is widely noted as one way to boost underrepresented entrepreneurs. So as part of the Department of Commerce’s PHL: Most Diverse Tech Hub initiative, Philly nonprofit Coded by Kids is partnering with two orgs on their longstanding program to get young business talent connected to mentors. Ben Franklin Technology Partners and the Philadelphia Alliance […]

After a Pandemic Growth Spurt, COVID-19 Test Maker Biomeme is Moving its HQ to North Broad and Looking to the Future

April 6, 2021

About this time last year, Biomeme — makers of a rapid COVID-19 test and other diagnostic hardware — had about 35 people in its 10th and Chestnut streets HQ. Enter a global pandemic. The company, now about 280 employees across the U.S. and about 120 in the Philadelphia region, has outgrown its office. It will […]

How Piano’s CEO is Thinking About Growing the B2B Software Company’s Workforce During the Pandemic and Beyond

March 30, 2021

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 […]