Checkpoint Surgical Completes $8.8M Equity Financing To Fuel Growth And Add Key New Talent
Checkpoint Surgical, Inc., a privately held U.S. based medical device company with proprietary neurostimulation technology for nerve protection and repair, announced today the completion of an $8.8 million preferred series capital raise led by Mutual Capital Partners, a Cleveland based venture fund investing in rapidly growing, post-revenue technology businesses. Existing backers, First Analysis, a growth
Health Technology Company GenomOncology Expands Its Board
Cleveland health care technology company GenomOncology LLC announced that it has added Jonathan Seaton, former senior vice president for corporate and business development at Illumina Inc. (Nasdaq: ILMN), to its board of directors. The addition of Seaton gives GenomOncology a total of six board members. In a news release, Brad Wertz, the executive chairman of
JumpStart Commits Cash To Canton’s Innovation District
The Cleveland-based nonprofit JumpStart Inc. has committed funding and assistance to the city’s innovation district. It would be the first time JumpStart, which reports having invested millions in Northeast Ohio startups in the past 15 years, went beyond a “modest partnership” in Stark County, said CEO Ray Leach. “This is the first real significant partnership
JumpStart Hires First Full-Time Employee Dedicated To Blockland
Cleveland’s blockchain initiative now has its first full-time employee, hired by tech venture development organization JumpStart. Kenneth Clarke will be project manager for Blockland, a drive to make Cleveland a center for blockchain technology and startups spearheaded by luxury car dealer Bernie Moreno. He begins Oct. 1. “Everybody has jumped on board,” Clarke said. “This
Ohio City Incorporated Adopts Mezu As Its Official Payment App
Ohio City Incorporated is pleased to announce that Mezu, Cleveland’s hometown money app will be the Presenting Sponsor and official payment app for the 2018 Ohio City Street Festival. The Ohio City Street Festival will take place September 23, 2018 from Noon to 8pm. Featuring more than 40 vendors representing Ohio City restaurants, retailers, West
Blockland Cleveland Hires Project Manager
Role Will Focus on Developing Strategic Plan and Advancing Collaborations Today, JumpStart Inc. announced it has hired Kenneth Clarke as Project Manager for Blockland Cleveland — a community effort to establish a blockchain ecosystem in Northeast Ohio and put the region at the forefront of blockchain thought leadership. Clarke is an experienced brand-builder, marketer, fundraiser and leader with deep ties to Northeast
Medtech Company Endotronix Snags $45 Million In Series D Funding
Lisle, Ill.-based medtech company Endotronix, Inc. secured $45 million in a Series D financing round. The funds will be used to support the commercialization of its Cordella Heart Failure System and support clinical development of the company’s pulmonary artery sensor. The Endotronix Cordella System is designed to “address inefficiencies in heart failure management,” according to
Valley Growth Ventures Gets In On Sotera Medical’s Seed Round
Sotera Medical said today that it landed another backer in the seed round for the esophageal protection device it’s developing for cardiac ablation procedures. Cleveland-based Sotera Medical – not to be confused with Sotera Health or Sotera Wireless – said the device was created by co-founder Dr. Emile Daoud of Ohio State University’s Wexner Medical
Founder: Wiretap
Wiretap in Columbus is helping companies nationwide keep their communication secure. With the emergence of new messaging and collaboration technologies like Facebook Workplace and Slack, Wiretap is working to mitigate security risks by spotting and flagging questionable file shares and release of sensitive information. The software solution uses an intuitive algorithm that recognizes keywords to establish
Ideas: Blockland Cleveland Partnership
Blockchain is an online ledger system best known for hosting Bitcoin and other online currencies. Northeast Ohio wants to establish an ecosystem to be a leader in this technology. Blockland Cleveland recently announced a first-of-its-kind partnership with Toronto-based Blockchain Research Institute to give this area access to groundbreaking information. Click here to watch JumpStart Senior
SaberLogic Relocates To Akron’s Bounce Innovation Hub
Akron’s Bounce Innovation Hub has signed up a new tenant: SaberLogic, a 24-person software consulting firm, is moving from Wadsworth into the downtown incubator. The company is the developer of Bezlio, a mobile app that helps track and manage remote workforces and allows customers to design their own dashboard without having to write computer code.
An App For Borrowers Living Paycheck To Paycheck
A few years ago, Travis Holoway, who was working as a financial advisor in New York City, got into a conversation with some friends about payday loans. He couldn’t believe the terms were really as onerous as they said, so he decided to look into the matter himself. That’s when he learned that such lenders