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. […]
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 […]
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 […]
PolyCore Therapeutics LLC, a biopharmaceutical company developing treatments for patients suffering from dyskinesia and cognitive impairment associated with neurodegenerative disorders, today announced that it has been awarded a $456,000 Phase II SBIR supplemental grant from the National Institute of Neurological Disorders and Stroke (NINDS) of the National Institutes of Health (NIH) to fund research of […]
What can local leaders do to help accelerate the growth of technology-driven enterprises? Founders of emerging companies will tell you “invest more.” This is true: capital will help accelerate growth, but only if the capital is invested wisely. Our region is already praised as one of the most capital-efficient markets for emerging ventures, so more […]
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