IT News

ROAR for Good Just Got its Tech Patented. Here’s What That Means for the Safety Device Company

September 29, 2021

ROAR for Good, maker of a personal safety devices for hospitality and other workers, had a challenging year as it navigated the pandemic’s impact. CEO and cofounder Yasmine Mustafa had pivoted the company from B2B to hospitality right as COVID-19 made it one of the hardest-hit industries of 2020. But she kept her eyes on […]

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Morgan Berman is Leaving Milkcrate as CEO to Run a Nonprofit. Here’s Why

September 13, 2021

Since launching locally in December 2019, Life Science Cares Philadelphia (LSC) has become known for connecting life sciences companies to poverty-reducing causes. With its former executive director Pete Wolf retiring, the nonprofit has found a new ED in entrepreneur Morgan Berman. Yes — that’s MilkCrate CEO and outspoken social entrepreneurship advocate Morgan Berman. And yes, […]

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Nexteon Technologies Completes First Commercial Aviation Cyberattack Detection Flight Test

August 30, 2021

Nexteon Technologies, Inc., a leader in advanced aviation technologies, announced today that it has completed the first in-flight test simulating a cyberattack on an Automatic Dependent Surveillance-Broadcast (ADS-B)-equipped aircraft. During the 30-minute flight, Nexteon’s SecureTrack™ technology was able to successfully detect and characterize the intrusion and generate security alerts. The test was conducted on July […]

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Comcast Unveils 2021 LIFT Labs Class, 1 Philadelphia Company Selected

August 20, 2021

Comcast’s LIFT Labs accelerator is back again, with one Philadelphia-area company making the cut this year. The Comcast NBCUniversal LIFT Labs Accelerator, powered by seed accelerator TechStars, is now in its fourth year. The 2021 cohort begins the 12-week program on Monday in a hybrid virtual and in-person format, either from Comcast’s offices in Philadelphia […]

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Phenom CEO Mahe Bayireddi Announced as a 2021 EY Entrepreneur Of The Year 2021 in Greater Philadelphia

August 20, 2021

Phenom, the most widely used talent experience platform, today celebrates the leadership of co-founder and CEO Mahe Bayireddi, who was recently named an Ernst & Young Entrepreneur Of The Year 2021 Greater Philadelphia Award winner. The Entrepreneur Of The Year Awards program is one of the most preeminent competitive awards for entrepreneurs and leaders of […]

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Houwzer, Phenom, Piano and more Philly Tech Companies Made 2021’s Inc. 5000 list

August 18, 2021

The 2021 edition of the Inc. 5000 list, a roundup of the country’s fastest-growing private companies, was released Tuesday, and Philadelphia-area companies made a strong showing again. This year’s list comes amid a continuing global pandemic, taking stock of the companies that report three-year revenue growth. Out of the top 5,000 companies, 149 come from […]

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Philly Has a Trash Crisis. Ya Fav Trashman and MilkCrate Have an App That Will Pay You to Clean Your Block

July 23, 2021

Amid another summer of citywide trash pickup delays, two tech-driven cleanup evangelists think they’ve found a solution to hyperlocalize street cleaning by getting Philadelphians compensated for keeping their blocks litter free. Sanitation worker and community advocate Terrill Haigler, aka Ya Fav Trashman, believes that empowering people to make positive change where they live is key […]

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Audigent Secures $19.1 Million Series B Financing Round Led by EPAM Systems/The Go Philly Fund

July 23, 2021

Audigent, the “2.0” data management platform (DMP) and leading edge “data agency” that has pioneered data-driven private marketplace deals through its cookieless HALOM Identity product suite has announced that it has completed a $19.1 million Series B round of financing. The funding will allow Audigent to continue its expansion as the premier first party data […]

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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 […]

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Leading Digital Mortgage Solutions Provider LoanLogics Acquired by an Affiliate of Sun Capital Partners

July 12, 2021

LoanLogics, a digital mortgage solutions provider creating the premier investor network ecosystem for digital loan commerce, announced today that an affiliate of Sun Capital Partners, Inc. (“Sun Capital”), a leading private investment firm focused on defensible businesses in growing markets, has completed an acquisition of the company. Terms of the private transaction were not disclosed. […]

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