SPR Therapeutics Raises $25 Million In Series C Financing
SPR Therapeutics Inc., a medical device company in Highland Hills that has developed a neurostimulation platform for chronic and acute pain, announced on Tuesday morning, Sept. 12, that it has received $25 million in Series C financing. The round was led by Basking Ridge, N.J.-based Frontcourt Ventures and what SPR Therapeutics called “a prominent family office” that
SPR Therapeutics Names Senior Vice President Of Research And Development
SPR Therapeutics LLC, a medical device company in Highland Hills that has developed a neurostimulation platform for chronic and acute pain, has promoted Joseph Boggs, Ph.D., to senior vice president of research and development. Boggs “has led and made significant contributions to our R&D efforts, resulting in multiple patents and publications, FDA clearance of our
Downtown Cleveland Provides Growth Opportunities For Startups
Recently named one of the top 50 cities in the world for entrepreneurs by MBA Central, Cleveland is gaining attention for the amenities and offerings the city has to offer to young, growing companies. The existing entrepreneurial scene in Cleveland has been nurtured by public and private sector support as well as a vibrant, active central
Former Yelp CFO Says IPO Market Is Open
Despite the early struggles of a few newly public technology companies such as Snap Inc. and Blue Apron Holdings, former Yelp CFO Rob Krolik is bullish on the market for initial public offerings and hopes a long list of prospects will soon take the plunge. “I think the market is open for IPOs, and there
To Boost Opportunity, A Bank Focuses On A Region That’s Faced Tough Times
Workforce-oriented philanthropy is all the rage these days among leading banks, with companies like JPMorgan Chase, Citi and Bank of America rolling out ambitious grant programs. Tech firms like Google and Microsoft have also been active here. Lately, some of the heftiest corporate giving in this space has been to boost skills attainment and align
OnShift Rolls Out App To Help Long-Term Care Workers Better Manage Expenses
OnShift, a post-acute care and senior living staff scheduling software company in Cleveland, has developed a new mobile app that it says will help employees better manage their expenses. The app, called OnShift Wallet, gives employees access to wages they’ve already earned — between paychecks — for unplanned expenses. Using the app “gives long-term care and
Banyan Designs Technology For The Long Haul
When you order a product online, your work is done once you’ve checked out. You’ve placed your order, spent your money, and now it’s time to sit back and relax until it appears at your doorstep. But your purchase is only the beginning of the product’s journey from its origin to you. For most of
Neuros Medical Brings On A New CEO
Neuros Medical Inc., a nerve stimulation company that just raised $20 million and is finishing a clinical trial involving 130 patients who suffer from post-amputation pain, has a new CEO and plans for a California operation. The Willoughby-based company on Monday, Aug. 28, announced it has named Tom Wilder as president and CEO. Wilder has worked in the medical
Startup Scaleup Panelists Stress Link Between Benefits, Culture
Unlimited paid time off, flexible work schedules, dog-friendly offices – it’s a brave new world in the market to attract and retain top talent. Today’s employees are looking for ever more progressive benefit packages from employers with some even minimizing the importance of traditional benefits such as health care and retirement plans, according to panelists
West Coast Descends On Cleveland’s Near West Side For JumpStart Entrepreneurial Event
When JumpStart Inc. introduced its all-day Startup Scaleup event in 2015, the main objective was to help homegrown entrepreneurs connect with each other and learn from Northeast Ohio investors and business professionals. That core mission has not changed, according to JumpStart CEO Ray Leach. “What has changed in those three years is the number of
Techs Talk Culture At JumpStart Event
Why didn’t Hyland Software go public way back in 2004? At the time, the company gave a fairly simple explanation: It wasn’t going to get a good valuation due to stock market turbulence. But last Tuesday, Aug. 15, while giving advice to a theater full of entrepreneurs at JumpStart’s third annual StartupScaleup conference, former CEO A.J. Hyland said he
Introducing The 2017 VentureOhio Award Finalists
Congratulations to the 2017 VentureOhio Award Finalists! We are proud to introduce you to the 2017 VentureOhio Award finalists (full company descriptions and bios below). Each of these individuals and organizations have contributed substantially to Ohio’s entrepreneurial ecosystem, and have demonstrated what can be accomplished in Ohio. Please take a moment to congratulate your companies and friends! The winners