Tech News

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 […]

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 […]

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 […]

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 […]

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. […]

WizeHive Secures Growth Capital Investment From LLR Partners

June 29, 2021

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 Looks to Build a More Robust Startup Scene as Part of its Economic Recovery Strategy

June 28, 2021

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 […]

11 Philly Tech Leaders Shaping the Future

June 18, 2021

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 […]

Toast Acquires xtraCHEF to Empower Restaurants with Insights into Menu Profitability and Accounts Payable Automation

June 11, 2021

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 […]

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. […]