JumpStart Inc. Invests $250K In Monarch Teaching Technologies
Cleveland-based venture development organization, JumpStart Inc. has announced a $250,000 investment in Monarch Teaching Technologies, Inc., maker of the popular special education teaching software, VizZle®. The investment comes from a special carve-out of JumpStart’s $10 million Evergreen Fund, The Health-Tech Corridor Attraction Fund, which focuses specifically on investing in companies that relocate to Cleveland’s burgeoning
Revenue Conduit Attracts And Retains Customers
The online retail industry soared to new heights over the past year, growing more than 15% and showing no signs of slowing down. With the number of consumers browsing and buying online predicted to hit 270 million by 2020, online sales represent a major opportunity for retailers in today’s increasingly digital age. Revenue Conduit in
Heureka Software Brings Sensitive Data Out Of The Dark
Day in and day out, droves of data are transmitted, stored and forgotten on our devices— from the restaurant menu you viewed to the credit card information you paid with. While we routinely access data to execute everyday operations, a large majority goes unused or overlooked. This buried and unstructured data, referred to as dark
Cuyahoga County Offers Incentives To Lure 7signal Solutions From Akron To Independence
While Cuyahoga County communities have an agreement to not poach companies from each other, the county lured a company from Akron. The county offered a forgivable $480,000 loan to 7signal Solutions Inc., a software development company that provides Wi-Fi performance management solutions to medium and large enterprises, healthcare organizations, as well as colleges and universities.
Endotronix Strengthens Management Team With Seasoned Medtech Executives
Endotronix, Inc., a digital health medtech company providing innovative solutions for patients who suffer from advanced heart failure, today announced the expansion of their management team. Recent hires include experienced medtech executives Katrin Leadley, MD, Chief Medical Officer (CMO), Richard Powers, Chief Information Officer (CIO), and Mike Dilworth, Vice President of Manufacturing and Operations, who
SPR Therapeutics Appoints Michael P. Chuisano To Board Of Directors
SPR Therapeutics, LLC, a private medical device company that has developed a novel, evidence-based neurostimulation platform for chronic and acute pain, announced that it has appointed Michael P. Chuisano, former Vice President and Chief Operating Officer of Johnson & Johnson Innovation-JJDC, Inc.(JJDC), the venture subsidiary of Johnson & Johnson, to its board of directors effective
Akron Tech Company Leaving City’s Downtown For Cuyahoga County; Lured By $480,000 loan
An Akron tech startup, nurtured in the business incubator in the city’s downtown, is planning to relocate to Independence. Cuyahoga County is luring the company, 7signal, with a $480,000 Business Attraction Forgivable Loan. The county’s loan will be forgivable “only upon the company’s creation of 48 jobs having average annual salaries of at least $100,000
Millar Licenses Endotronix’s Wireless MEMS Sensor Tech For Neurosurgery
Medical device and OEM company Millar said today it inked an agreement with digital medtech company Endotronix granting it exclusive rights to its wireless MEMS sensor technology for use in neurosurgical devices. Houston-based Millar said the sensor technology will be used to develop an at-home monitor for intracranial pressure for patients suffering from hydrocephalus, looking
‘Legit’ BoxCast Poised For A Breakout Year
In a back room reserved for BoxCast’s employee pingpong tournaments, a staffer on a recent afternoon was on a sales call — taking advantage of what might have been the only quiet space in the company’s second-floor offices at Burke Lakefront Airport. When the startup, which delivers high-definition streaming services to a wide array of
JumpStart CEO Ray Leach Wins Honor From The National Venture Capital Association
Ray Leach, the CEO of Cleveland-based venture development organization JumpStart Inc. of Cleveland, was among the winners this week of awards from the National Venture Capital Association (NVCA). The organization this week at its NVCA Leadership Gala honored leaders in the venture capital industry “for their significant contributions to advance innovation, strengthen the industry and
Cincinnati Tech Startup Nabs Investment From Cleveland Firm
A Cincinnati tech startup that helps companies manage data gathered from and about employees nabbed investment from Cleveland-based JumpStart Inc., a sister organization of CincyTech. JumpStart invested in Cincinnati-based Talmetrix, a startup that has developed software that helps companies capture employee feedback and link that data to other important business metrics to improve employee engagement,
Banyan Technology Raises $7M In Strategic Growth Funding
Northeast Ohio-based Banyan Technology, the transportation and logistics industry leader in live carrier connectivity, today announced the completion of a $7 million financing round. Banyan’s latest financing will be used to fuel key product development initiatives, grow partnership and acquisition strategies, and expand marketing and industry education tools. Funding included a combination of equity, venture