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
StreamLink Software Names CFO With Significant Tech Background
StreamLink Software, a Cleveland company that produces grant-management technology for nonprofit and public sector institutions, has named Fred Binstock as chief financial officer. Binstock is a certified public accountant with “more than 30 years of experience helping ventures in a variety of growth stages succeed,” SteamLink said in a news release. Most recently, Binstock served
JumpStart Inc. Invests In Cincinnati Software-as-a-Service Company
Cleveland-based venture development organization, JumpStart Inc. said it has made an investment in a human resources software-as-a-service company based in Cincinnati. Terms of the investment in Talmetrix, made from JumpStart’s $10 million Focus Fund, were not disclosed. The JumpStart website indicates that investments from the Focus Fund “start at $250,000 for early stage companies,” and
JumpStart Inc. Announces Investment in Talmetrix
Cleveland Organization Joins Forces with CincyTech to Support a SaaS Company Built by HR Leaders for HR Leaders, Linking the Employee Experience to Company Performance Cleveland-based venture development organization, JumpStart Inc. is announcing an investment in Talmetrix, a Cincinnati-based software-as-a-service (SaaS) company that turns HR metrics into actionable data to boost business results. Talmetrix helps
Medtronic’s CardioInsight Electrode Vest Maps Heart’s Electrical System
Medical device developer Medtronic has commercialized a 252-electrode vest that can map the heart’s electrical system. The device could help doctors pinpoint the locations of electrical malfunctions in the heart that cause irregular heartbeats. Doctors began using the system commercially last week after the US Food and Drug Administration (FDA) in November approved the vest, Medtronic