October 2003
Aethon names new CEO
Aldo Zini has been promoted to President and CEO of robotics manufacturer, Aethon, Inc. Founder Henry Thorne remains vital to the company in the role of Chief Technical Officer. Read the official news release here.
Oct 30 | Permalink
Plan4Demand Exhibits at enVISION2003
Plan4Demand was an exhibitor at Manugistics' enVISION2003 conference on October 26th-29th in Washington DC. The conference brings together thought leaders from today's most innovative organizations to explore the future of demand and supply chain management.
Oct 28 | Permalink
VC rebound
Pittsburgh Business Times reports more than $46 million of venture capital flowed into Pittsburgh companies during Q3. We did our part with investments in BodyMedia and Precision Therapeutics. Jay thinks we're seeing a rebound.
Oct 28 | Permalink
Plan4Demand on the move
Plan4Demand is on the move, expanding with a new office in downtown Pittsburgh. CEO Lisa Kustra says revenues are up 20 percent this year.
Oct 28 | Permalink
Entrepreneurs get their shot
Regional entrepreneurs had eight minutes to showcase their stuff Sept 9 and 10 at the Three Rivers Venture Fair. We were one of the event's sponsors.
Oct 28 | Permalink
BodyMedia secures $4M
BodyMedia has completed a new $4 million round of financing, led by us and our our Redwood City, Ca. affiliate, Draper Fisher Jurvertson ePlanet. Roche Diagnostics of Indianapolis agreed in February to resell BodyMedia's self-monitoring product. The press release is available here.
Oct 28 | Permalink
Hypernex closes new round
In April, we were the lead investor in a $2.5 round of equity financing for Hypernex, a manufacturer of semiconductor test inspection equipment. We had previously led the company's $2 million funding round in 2001. This round also included investments from Draper Fisher Jurvetson and CID Equity Partners. The press release is available in PDF here.
Oct 27 | Permalink
Renal Solutions Receives FDA Clearance
Renal Solutions received 510(k) clearance from the FDA to market their new and enhanced version of the SORB and HISORB sorbent regenertive hemodialysis cartridges. Read the full release here.
Oct 1 | Permalink
