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Precision Therapeutics receives $43M infusion
November 11, 2008
"Precision Therapeutics Inc., a South Side-based company developing a test allowing physicians to select the proper chemotherapy to treat cancer, has secured $43 million in new venture-capital funding.
Read More at Pittsburgh Tribune-Review.
Vivisimo uses employees' expertise as teaching tool
November 7, 2008
"At the monthly brown-bag lunches at Squirrel Hill-based Vivisimo Inc., anyone from a senior engineer to a still-in-art school designer can have the floor for an hour to teach their sandwich-munching colleagues something new."
Read More at Pittsburgh Business Times.
Navy SEALs join forces in pet imaging business
November 7, 2008
PetsDX founders Currie Crookston and Glenn Matamoros have increased the company's earnings 330 percent between it second and third year.
Read More at Pittsburgh Business Times.
CFO of the Year for Small Private Company: Zolkos keeps Redzone growing
November 7, 2008
"Brian Zolkos joined CMU classmate Eric Close at RedZone Robotics in 2007. He has steered the company through rapid growth and oversaw a $7 million capital raise earlier this year."
Read More at Pittsburgh Business Times.
Business Tools: Online shift prepares the way for unlimited growth
November 7, 2008
"TrueCommerce, which sells and supports computer software that allows businesses to send and receive financial invoices electronically, went from 85 customers in 2000 to 2,300 in 2008, from $321,000 in revenue to $10 million."
Read More at Pittsburgh Business Times.
Civic Science takes the art of polling to the Internet, hiring
November 5, 2008
"Civic Science has created web-based applications and widgets that collect real-time data to provide an accurate view of political and consumer behavior."
Read More at Pop City.
Alertek offers promise of mine safety, infrastructure repair savings
October/November 2008
"Alertek is developing the technology to predict mine roof failures - the cave-ins that make mining such an expensive proposition and all too often cost the lives of miners."
Read More at Keynotes.
RedZone Robotics Technology Inspects Aging Water, Sewer Pipes for Damage
October/November 2008
"RedZone Robotics is taking on the world's aging infrastructure with devices that can inspect and analyze the state of those lines to focus repairs and keep systems operating."
Read More at Keynotes.
Pittsburgh 3Q Venture Capital Investment remains strong
October 29, 2008
"Pittsburgh venture capital investment remained strong in the third quarter of 2008; seven local companies received a total infusion of $41.45 million."
Read More at Pop City.
Rostraver firm to add 1,500 workers: Solar Power says it will lease unused space in Sony's plant in Westmoreland County
October 24, 2008
"Solar Power Industries Inc., a Rostraver company that manufactures solar cells, plans to hire up to 1,500 employees by 2011"
Read More at Pittsburgh Tribune-Review.
And the winner is . . . Pittsburgh Tech Council honors top companies
October 22, 2008
"Pittsburgh's brightest tech stars gathered this month to celebrate 50 of the region's stellar companies and the 25th anniversary of the Pittsburgh Technology Council."
Read More at Pop City.
Cohera Medical and ClearCount land funds, Plextronics too; hiring
October 22, 2008
"Three rising Pittsburgh tech companies reeled in funding this month, Cohera Medical Inc., ClearCount Medical Solutions and Plextronics."
Read More at Pop City.
Sewickley's BPL Global nabs new 'green' tech award
October 18, 2008
"A new award designed to honor local technology companies that "ensure a cleaner tomorrow" was given to BPL Global at the Pittsburg Technology Council's Tech 50 awards."
Read More at Pittsburgh Post-Gazette.
ClearCount Medical Solutions receives $4.1 million in VC funding
October 17, 2008
ClearCount Medical Solutions, based in Ross, raised $4.1 million in its first major funding round.
Read More at Pittsburgh Business Times.
Thompson came out of retirement to help tech startup grow
October 17, 2008
Glenn Thompson's goal with Plextronics is to guide the company's organic electronic devices into commercialization. He has helped grow the Harmarville manufacturer of organic solar cell technology to 61 employees as COO.
Read More at Pittsburgh Business Times.
Surgical 'tissue glue' maker secures $16.1M in angel fundingjam
October 17, 2008
"Cohera Medical Inc. closed on $16.1 million October 16 and will use the money to push it nontoxic internal surgical "tissue glue" through human clinical trials."
Read More at Pittsburgh Business Times.
Pittsburgh gamers gather at ETC for Sim Ops Studios' first game jam
October 15, 2008
"Pittsburgh's Sim Ops Studios will kick off a coast-to-coast tour of its online video game Wild Pockets this month with a Pittsburgh game jam to test the revolutionary platform before its beg release next year."
Read More at Pop City.
CMU scientist, the one word is plastics
October 6, 2008
"Krzysztof Matyjaszewski, the J.C. Warner professor of natural sciences at Carnegie Mellon University, is an expert in plastics, but not the kind you're most familiar with."
Read More at Pittsburgh Post-Gazette.
Government contracts jump-start technology firm
October 3, 2008
"Accipiter Systems Inc. co-founders Eric Helmsen and Dan Flynn secured government contracts to get the company up and running."
Read More at Pittsburgh Business Times.
Cellumen Selected as Signature Partner of Drug Safety Executive Council
September 30, 2008
"Cellumen, Inc. today announced the company has been selected by the Drug Safety Executive Council (DSEC) as one of eight Signature Partners working to improve drug safety by addressing industry challenges and regulatory practices."
Read More at Cellumen.
Pittsburgh's Penthera Partners to launch latest on-the-go technology, hiring
September 24, 2008
"Strip District-based Penthera Partners plans to launch its first major product this year, a mobile media delivery system that will allow users to watch and listen on demand, wherever they are."
Read More at Pop City.
Aethon lands $14M, hiring at least 30
September 24, 2008
"Robinson Township-based Aethon closed on a hefty $14 million financing round that will pave the way for the addition of at least 30 employees in the near future."
Read More at Pop City.
Pittsburgh Innovates: Carnegie Speech launches new products, opens India office, moving and doubling
September 24, 2008
"A booming global demand for English-speakers is the driving force behind the expansion of Oakland-based Carnegie Speech as it moves to a larger space, opens an office in India and doubles in size."
Read More at Pop City.
Aethon raises $14M, plans to expand TUG robot distribution
September 19, 2008
"Aethon, Inc., a Robinson Township-based developer of robotic delivery systems for hospitals, has landed $14 million in its latest, largest and possibly last round of funding."
Read More at Pittsburgh Business Times.
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