A roster of local investors is backing the Center City ecommerce marketing company in a big way. Sidecar, the Center City ecommerce marketing company, raised an $8 million Series B from Boston-based venture capital firm Ascent Venture Partners and a whole slate of local investors. It’s Ascent’s first investment in a Philly company, according to CEO Andre […]
Big things are happening with Drexel, ic@3401, and Ben Franklin. Yesterday, we announced two significant developments: our launch of the Drexel Ventures-Ben Franklin Seed Fund; and Ben Franklin’s residence at ic@3401. The high-level details: To form the $10M fund for seed and early stage investment in Drexel technologies, Drexel Ventures is raising $5M, and Ben […]
Community Energy Inc., a Radnor renewable-energy developer, has signed an agreement with Eastman Chemical Co. to develop a 5-megawatt solar-generation facility on Maryland’s Eastern Shore. The specialty-chemicals company will buy power from the solar farm for 20 years. “This long-term power-purchase agreement converts the company’s power consumption at its locations near the solar facility from […]
CenTrak attributes its rapid growth to the return on investment, operational efficiencies, and improved patient care healthcare providers realize from its Real-Time Location System (RTLS). CenTrak announced today that it ranked as one of the fastest growing companies inNorth America on Deloitte’s 2015 Technology Fast 500™. CenTrak is ranked #17 in the communications/networking industry category. […]
After three years of plugging away, the small team at SocialLadder is ready to expand. A big-name, West Coast consumer tech exec has given SocialLadder his stamp of approval. Former Facebook COO and Myspace CEO Owen Van Natta invested in the slow-burning consumer engagement startup, which raised a $550,000 round, according to an SEC filing. The […]
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