Tech News

Year in Review 2019: Biggest Philadelphia Tech Acquisitions

December 31, 2019

There are several reasons to celebrate the Philadelphia region’s tech scene over the past year — more than two billion of them. A handful of area tech firms saw major acquisitions valued at more than $2 billion in 2019, representing a culmination of years of investment by not only venture capital and private equity firms, […]

This Philly HR Startup Wants to Make Your Workplace More Efficient

November 26, 2019

Employee Cycle’s analytics dashboard helps HR professionals easily track and analyze “people data” — information on diversity, recruitment and turnover. For many workers, the human resources (HR) department only comes to mind when they’re hired, fired, or involved in some workplace quandary. But HR departments are responsible for managing so much more behind the scenes […]

These 4 Philly Companies were Named to Deloitte’s Technology Fast 500 List

November 8, 2019

In its 25th year, professional services network Deloitte released its annual Technology Fast 500, this time including four Philly-area companies among the country’s fastest growing companies in the tech, media, telecommunications, life sciences and energy tech industries. The list was created to recognize “the effort and dedication of the fastest-growing technology companies,” the company said, […]

ROAR plan to protect housekeepers with panic buttons

November 7, 2019

After years of developing and fundraising for the Athena, a wearable personal safety device, ROAR for Good CEO Yasmine Mustafa and other members of the team announced that they will be officially discontinuing the device and the ROAR Mobile Safety App at the end of this year. It’s part of the company’s plan to pivot to B2B services, using the Athena’s technology […]

These Startups Won Big Money at PACT’s Live, ‘Shark Tank’-Like Pitch Event

October 2, 2019

At Philadelphia Alliance for Capital and Technologies’ (PACT) annual capital conference last week, three startup founders pitched their ventures to five investors — and a few hundred conference attendees. In a simulation of the popular ABC show “Shark Tank,” the founders of TrekIT Health (a 2019 RealLIST company), Simply Good Jars and Triple Bristle, had […]

She Came up With a Device to Keep Hotel Workers Safer. Warby Parker’s Co-Founder Weighs In on How to Take the Startup to the Next Level

October 2, 2019

To mark its 40th anniversary, Inc. is matching 40 aspiring founders with 40 experienced mentors in the Founders Project. The most recent mentor-mentee pair each has a mission to improve lives: Neil Blumenthal, co-founder of Warby Parker, and Yasmine Mustafa, founder of ROAR for Good. Neil Blumenthal co-founded Warby Parker in 2010 with a dual […]

Center City Tech Firm Sidecar Raises $7.5M in Latest Round

August 1, 2019

Marketing tech firm Sidecar Interactive raised a new $7.5 million funding round, the Center City-based company confirmed this week, as it seeks to continue its “tremendous” growth. CEO Andre Golsorkhi told the Philadelphia Business Journal the funding round, a follow-on from its $11 million Series C in May 2017, will go toward investing in engineering […]

Sports Sponsorship Startup LeagueSide Has a New Office and Plans for Growth

July 25, 2019

LeagueSide, a sports sponsorship startup and 2018 realLIST honoree, has been making moves recently — both physically and money-wise. The startup is still in its seed round of fundraising after it was officially launched in 2015 by cofounders Evan Brandoff and Zubin Teherani. The pair met during a training camp for Venture for America and realized their shared love of volunteering with youth sports […]

xtraCHEF Raises $7.5 Million Series A to Help Restaurants Become More Data Driven

May 30, 2019

xtraCHEF, a cloud-based restaurant management platform that combines best-in-class AP automation with back-of-house business and operational intelligence, today announced the closing of a $7.5 million Series A funding round to fuel growth, accelerate its product roadmap and recruit new talent. The financing round was led by Radnor, PA-based MVP Capital Partners, with participation from existing […]

Acquisition Expands ABBYY’s Digital IQ Capabilities by Combining Content and Process IQ

May 20, 2019

ABBYY, a global leader in Content IQ technologies and solutions, today announced it has signed an agreement to acquire Philadelphia, Pennsylvania-based TimelinePI. TimelinePI provides a comprehensive process intelligence platform designed to empower users to understand, monitor and optimize any business process. The global process analytics market size is expected to grow to USD 1,421.7 million by […]