Cleveland Startup Heureka Software Makes Further Funding Inroads
Cleveland startup Heureka Software, which last year raised $1.1 million from Northeast Ohio angel investors and venture development organization JumpStart Inc., has added new funding to help fuel its development. The software-as-a-service company on Tuesday, July 25, announced the new funding comes from Columbus-based NCT Ventures and Chicago’s Bridge Investments. Combined with the previous funding from JumpStart and angels, Heureka said its current
Echogen Power Systems Awarded $1 million Grant From The U.S. Department Of Energy
Echogen Power Systems has received a $1 million grant through the U.S. Department of Energy’s SunShot Initiative, the Akron-based clean energy company announced Monday, July 24. Echogen will team with Southern Research in Birmingham, Ala., to design and test a solar energy storage and power system that uses a chemical process to store thermal energy collected
NCT Ventures And Bridge Investments Join JumpStart In $1.8M Fundraising Round For Heureka Software
Today, Heureka Software announced the company has added new funding from Columbus-based NCT Ventures and Chicago’s Bridge Investments. Combined with previous funding from Cleveland Venture Development Organization JumpStart Inc. and other angels, this increases Heureka’s current fundraising round to $1.8 million. Based in Cleveland, Heureka offers enterprises the ability to increase their resilience to cyber threats, while dramatically reducing operating expenses associated
Intellirod Awarded $1 Million In “Angel” Funding
Intellirod Spine, based in Akron, Ohio, has told OTW that it has been awarded “just over $1 million” from new and existing investors led by the OhioHealth Innovation Development Fund and Queen City Angel First Fund V. “Funds will be used to reach key milestones toward the commercialization of the company’s sensor technologies and related lumbar fusion
Startup Scaleup Brings In Silicon Valley Execs For Networking Event
Now in its third year, Startup Scaleup is pulling in Silicon Valley executives who want to see Cleveland’s entrepreneurial spirit up close. Former Yelp and Move.com executive Rob Krolik and Silicon Valley entrepreneur Alex Bard are among the speakers appearing at the event, which is organized by JumpStart. The day-long event, aimed at helping entrepreneurs start and
An Overview Of Three Of The Biggest Deals In The Midwest
The Middle Corridor has quickly become one of the premier destinations for U.S. investment as living costs go down and companies like Apple are building some of their biggest operations in Texas. The 2.6 billion dollar sale of Indianapolis based ExactTarget to Salesforce in 2013 is just one example of the big deals that can and are
Veteran Technology Sales Executive To Lead 7SIGNAL Global Sales
7SIGNAL is proud to announce the addition of Richard Garceau to its senior management team as Vice President of Sales. Prior to this new role, Garceau was Executive Director of Sales at Lenovo where he was responsible for generating over $800 million in revenue as leader of the Eastern United Statescorporate sales team providing complex technology solutions for large organizations.
EdTech And The Student Journey: 5 EdTech Companies To Watch
Like many of you, we’re busy attending the annual circuit of higher education conferences. While these events cover many topics, we detected a common focus from both vendors and institutions: how do institutions and their technology support students navigating higher education? At first glance, the focus on student interaction with campus EdTech may seem to
Segmint Announces Strategic Partnership With IBM To Enhance Financial Institutions Data
Segmint today announced a strategic partnership with IBM to integrate Segmint’s Key Lifestyle Indicator® (KLI®) technology with two IBM financial services solutions: Customer Insights for Banking (CIB) and Customer Insights for Wealth Management (CIWM). CIB and CIWM leverage predictive analytics, machine learning, deep learning and Watson technology to create actionable insights that allow financial institutions to deepen
Ticketmaster Will Soon Admit You To Events Using Audio Data Transmitted From Your Phone
Ticketmaster will soon be able to admit you to live events and track your movement using nothing more than a discrete digital audio broadcast from your smartphone. The ticketing giant has teamed up with Lisnr, a data-over-audio company that uses an ultrasonic sound technology it calls “smart tones” to transmit information between devices. There are myriad
Money In Cleveland Tech-Startup Community Begins To Circulate: Tech Czar Talk
Startup money in Cleveland is finally beginning to circulate. A new financial-technology (fintech) startup is about to make a national “splash.” Tech powerhouse Park Place Technologies strengthens its European operations with an acquisition. And JumpStart continues to power the entrepreneurial ecosystem with a new fund. Splash Some Cash. Startups are rarely overnight successes. There are
Ohio Is Pumping Out Startups As If They Were Growing On Buckeyes
Ohio is a state bursting with startups, so much so that it seems a new accelerator is popping up almost monthly in the Buckeye State. Google “Ohio accelerator” now and you’ll find at least two new accelerators to come out of Ohio in the past two months alone. That’s not even counting some of the more-legacy