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<title>What&apos;s New @ Draper Triangle</title>
<link rel="alternate" type="text/html" href="http://www.drapertriangle.com/whatsnew/" />
<modified>2006-01-10T23:15:58Z</modified>
<tagline>What&apos;s New at Draper Triangle covers news and developments with our firm, portfolio companies, affiliated partners and the venture capital industry at large.</tagline>
<id>tag:www.drapertriangle.com,2006:/whatsnew//8</id>
<generator url="http://www.movabletype.org/" version="3.11">Movable Type</generator>
<copyright>Copyright (c) 2006, Karen</copyright>
<entry>
<title>Haley Tops List  of Business Rules Management Systems</title>
<link rel="alternate" type="text/html" href="http://www.drapertriangle.com/whatsnew/archives/haley_tops_list_of_business_rules_management_systems.php" />
<modified>2006-01-10T23:15:58Z</modified>
<issued>2006-01-10T23:02:41Z</issued>
<id>tag:www.drapertriangle.com,2006:/whatsnew//8.409</id>
<created>2006-01-10T23:02:41Z</created>
<summary type="text/plain">Haley Systems, Inc. has been cited as the leading business rules platform for business analysts, according to The Forrester Wave&amp;#8482;: Business Rules Platforms, Q1 2006 report, released on January 4, 2006. Haley Systems was among the 10 select companies that...</summary>
<author>
<name>Karen</name>


</author>
<dc:subject>Portfolios</dc:subject>
<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://www.drapertriangle.com/whatsnew/">
<![CDATA[<a href="http://www.drapertriangle.com/portfolio/haley.php">Haley Systems, Inc.</a> has been cited as the leading business rules platform for business analysts, according to The Forrester Wave&#8482;: Business Rules Platforms, Q1 2006 report, released on January 4, 2006.  Haley Systems was among the 10 select companies that Forrester invited to participate in the report.  In this report, Haley Systems emerged as the leading Top-tier Strong Performer in the market category that evaluated platforms for business analysts and users.  Haley earned Second-tier Strong Performers rankings in the three remaining market categories - business rules platforms for IT, for Java developers, and for .NET developers.  The Forrester Wave&#8482;: Business Rules Platforms, Q1 2006 report is available for download on Haley's <a href="http://www.haley.com">website</a>.

]]>

</content>
</entry>
<entry>
<title>Tug Making Moves at Canonsburg Hospital</title>
<link rel="alternate" type="text/html" href="http://www.drapertriangle.com/whatsnew/archives/tug_making_moves_at_canonsburg_hospital.php" />
<modified>2006-01-10T17:42:27Z</modified>
<issued>2006-01-10T17:29:35Z</issued>
<id>tag:www.drapertriangle.com,2006:/whatsnew//8.408</id>
<created>2006-01-10T17:29:35Z</created>
<summary type="text/plain">Fifty times a day at Canonsburg General Hospital, Aethon&apos;s Tug robot is making rounds from the ER to the lab, hauling blood, urine and other specimens down the long hallways, stopping only occasionally for traffic jams or other obstructions. The...</summary>
<author>
<name>Karen</name>


</author>
<dc:subject>Portfolios</dc:subject>
<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://www.drapertriangle.com/whatsnew/">
<![CDATA[Fifty times a day at Canonsburg General Hospital, <a href="http://www.drapertriangle.com/portfolio/aethon.php">Aethon</a>'s Tug robot is making rounds from the ER to the lab, hauling blood, urine and other specimens down the long hallways, stopping only occasionally for traffic jams or other obstructions.  The robot ensures that ER nurses can spend more time with patients, not delivering specimens to the lab.  The Tug arrived at the hospital in December and has been working hard, saving time and money ever since. West Penn Allegheny Health Systems, which includes Canonsburg General, has purchased Tugs for its six hospitals to save money and use professional staff more wisely.  ]]>

</content>
</entry>
<entry>
<title>Top Sales Leader Joins Carnegie Learning</title>
<link rel="alternate" type="text/html" href="http://www.drapertriangle.com/whatsnew/archives/top_sales_leader_joins_carnegie_learning.php" />
<modified>2006-01-05T16:44:10Z</modified>
<issued>2006-01-05T16:32:55Z</issued>
<id>tag:www.drapertriangle.com,2006:/whatsnew//8.407</id>
<created>2006-01-05T16:32:55Z</created>
<summary type="text/plain">Betty Barnes, a 25-year leader in the educational text and software publishing industry, has joined Carnegie Learning to lead sales in the Eastern United States. Previously with PLATO Learning and A+ Learning, Barnes will help spread Carnegie Learning&apos;s message and...</summary>
<author>
<name>Karen</name>


</author>
<dc:subject>Portfolios</dc:subject>
<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://www.drapertriangle.com/whatsnew/">
<![CDATA[Betty Barnes, a 25-year leader in the educational text and software publishing industry, has joined <a href="http://drapertriangle.com/portfolio/carnegie_learning.php">Carnegie Learning</a> to lead sales in the Eastern United States.  Previously with PLATO Learning and A+ Learning, Barnes will help spread Carnegie Learning's message and demonstrate the company's successes to a broader market this year.]]>

</content>
</entry>
<entry>
<title>Aethon, BodyMedia, Renal Solutions Amoung Tech50</title>
<link rel="alternate" type="text/html" href="http://www.drapertriangle.com/whatsnew/archives/aethon_bodymedia_renal_solutions_amoung_tech50.php" />
<modified>2005-12-06T17:05:17Z</modified>
<issued>2005-12-06T16:40:14Z</issued>
<id>tag:www.drapertriangle.com,2005:/whatsnew//8.406</id>
<created>2005-12-06T16:40:14Z</created>
<summary type="text/plain">The Pittsburgh Technology Council&apos;s Technology 50 celebrates the southwestern Pennsylvania region&apos;s 50 leading technology-oriented companies in five categories: Advanced Manufacturing, Information Technology, Life Sciences, Rising Star and Service Provider. Aethon was a finalist in the Information Technology category; BodyMedia and...</summary>
<author>
<name>Karen</name>


</author>
<dc:subject>Portfolios</dc:subject>
<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://www.drapertriangle.com/whatsnew/">
<![CDATA[The Pittsburgh Technology Council's Technology 50 celebrates the southwestern Pennsylvania region's 50 leading technology-oriented companies in five categories: Advanced Manufacturing, Information Technology, Life Sciences, Rising Star and Service Provider.  <a href="http://www.drapertriangle.com/portfolio/aethon.php">Aethon</a> was a finalist in the Information Technology category; <a href="http://www.drapertriangle.com/portfolio/bodymedia.php">BodyMedia</a> and <a href="http://www.drapertriangle.com/portfolio/renal_solutions.php">Renal Solutions</a> in the Life Sciences category.  Congratulations to all of the firms named.  For more information, visit the <a href="http://www.pghtech.org/events/tech50.asp">Tech50 homepage</a>.]]>

</content>
</entry>
<entry>
<title><![CDATA[Cognitive Tutor&reg; Goes to Maui]]></title>
<link rel="alternate" type="text/html" href="http://www.drapertriangle.com/whatsnew/archives/cognitive_tutor_goes_to_maui.php" />
<modified>2005-11-29T20:07:44Z</modified>
<issued>2005-11-29T16:32:10Z</issued>
<id>tag:www.drapertriangle.com,2005:/whatsnew//8.405</id>
<created>2005-11-29T16:32:10Z</created>
<summary type="text/plain">The Hawai&apos;i Public Schools, in conjunction with the Maui Educational Consortium: Mathematics-Science Improvement Partnership Grant has purchased Carnegie Learning&apos;s math curricula for six schools on the islands of Maui and Molokai. The three-year grant will be rolled out in two...</summary>
<author>
<name>Karen</name>


</author>
<dc:subject>Portfolios</dc:subject>
<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://www.drapertriangle.com/whatsnew/">
<![CDATA[The Hawai'i Public Schools, in conjunction with the Maui Educational Consortium: Mathematics-Science Improvement Partnership Grant has purchased <a href="http://www.drapertriangle.com/portfolio/carnegie_learning.php">Carnegie Learning</a>'s math curricula for six schools on the islands of Maui and Molokai.  The three-year grant will be rolled out in two phases, the first includes implementing Cognitive Tutor Algebra I curricula in four high schools, one middle school and the Maui Community College.  Phase two incorporates the Cognitive Tutor Geometry and Algebra II curricula at those schools in 2006-2007.  Read more on Carnegie Learning's <a href="http://www.carnegielearning.com">website</a>.]]>

</content>
</entry>
<entry>
<title>Aethon Closes $11 Million Financing Round</title>
<link rel="alternate" type="text/html" href="http://www.drapertriangle.com/whatsnew/archives/aethon_closes_11_million_financing_round.php" />
<modified>2005-11-22T20:50:35Z</modified>
<issued>2005-11-22T20:42:58Z</issued>
<id>tag:www.drapertriangle.com,2005:/whatsnew//8.404</id>
<created>2005-11-22T20:42:58Z</created>
<summary type="text/plain">Aethon recently closed an $11 million financing deal, allowing the company to double its workforce and expand its customer base nationwide. The round was led by Trident Capital and included previous investors Draper Triangle Ventures, Salix Ventures, Ascension Health Ventures...</summary>
<author>
<name>Karen</name>


</author>
<dc:subject>Portfolios</dc:subject>
<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://www.drapertriangle.com/whatsnew/">
<![CDATA[<a href="http://www.drapertriangle.com/portfolio/aethon.php">Aethon</a> recently closed an $11 million financing deal, allowing the company to double its workforce and expand its customer base nationwide.  The round was led by Trident Capital and included previous investors Draper Triangle Ventures, Salix Ventures, Ascension Health Ventures and Pacific Venture Group.]]>

</content>
</entry>
<entry>
<title>Carnegie Learning&apos;s Steven Ritter Appointed to SIIA Education Board</title>
<link rel="alternate" type="text/html" href="http://www.drapertriangle.com/whatsnew/archives/carnegie_learnings_steven_ritter_appointed_to_siia_education_board.php" />
<modified>2005-11-22T20:42:03Z</modified>
<issued>2005-11-22T20:35:34Z</issued>
<id>tag:www.drapertriangle.com,2005:/whatsnew//8.403</id>
<created>2005-11-22T20:35:34Z</created>
<summary type="text/plain">Dr. Steven Ritter, Senior Vice President of Research and Development at Carnegie Learning, has been appointed to a seat on the Software &amp; Information Industry Association&apos;s Education Division Board of Directors. The Board consists of representatives from member companies who...</summary>
<author>
<name>Karen</name>


</author>
<dc:subject>Portfolios</dc:subject>
<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://www.drapertriangle.com/whatsnew/">
<![CDATA[Dr. Steven Ritter, Senior Vice President of Research and Development at <a href="http://www.drapertriangle.com/portfolio/carnegie_learning.php">Carnegie Learning</a>, has been appointed to a seat on the Software & Information Industry Association's Education Division Board of Directors. The Board consists of representatives from member companies who prioritize Education Division issues and initiatives, administer the Division budget and determine the projects, activities and events each year. Dr. Ritter is considered a leading authority on how students learn, and is co-author of Carnegie Learning's Algebra I curricula, one of only two math curricula recognized by the U.S. Department of Education as scientifically proven to have significant, positive effects on student learning.  Learn more at <a href="http://www.carnegielearning.com">carnegielearning.com</a>.]]>

</content>
</entry>
<entry>
<title>Carnegie Mellon Tops in Educational Research</title>
<link rel="alternate" type="text/html" href="http://www.drapertriangle.com/whatsnew/archives/carnegie_mellon_tops_in_educational_research.php" />
<modified>2005-11-10T17:41:30Z</modified>
<issued>2005-11-10T16:47:00Z</issued>
<id>tag:www.drapertriangle.com,2005:/whatsnew//8.402</id>
<created>2005-11-10T16:47:00Z</created>
<summary type="text/plain">Although Carnegie Mellon University has no education school, researchers in its interdisciplinary culture are producing innovations that are revolutionizing K-12 and college classrooms. One such example is Cargnegie Learning&apos;s Cognitive Tutor, a comprehensive secondary mathematics curriculum and computer-based tutoring program...</summary>
<author>
<name>Karen</name>


</author>
<dc:subject>Portfolios</dc:subject>
<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://www.drapertriangle.com/whatsnew/">
<![CDATA[Although Carnegie Mellon University has no education school, researchers in its interdisciplinary culture are producing innovations that are revolutionizing K-12 and college classrooms.  One such example is Cargnegie Learning's Cognitive Tutor, a comprehensive secondary mathematics curriculum and computer-based tutoring program in use in 2,000 schools nationwide.  An article in <em>Carnegie Mellon Today</em> highlights the technologies and advancements in education and how they, and Carnegie Learning, will help to advance conventional teaching methods and better educate all children. <a href="http://www.drapertriangle.com/whatsnew/archives/CMToday Cover story.pdf">Download article in .pdf form.</a>]]>

</content>
</entry>
<entry>
<title>bodybugg&amp;#8482; Wins 2005 Popular Science Best of What&apos;s New Award</title>
<link rel="alternate" type="text/html" href="http://www.drapertriangle.com/whatsnew/archives/bodybugg_wins_2005_popular_science_best_of_whats_new_award.php" />
<modified>2005-11-10T16:38:22Z</modified>
<issued>2005-11-09T13:00:17Z</issued>
<id>tag:www.drapertriangle.com,2005:/whatsnew//8.390</id>
<created>2005-11-09T13:00:17Z</created>
<summary type="text/plain">bodybugg&amp;#8482;, the joint effort of BodyMedia and Apex Fitness Group, has been named winner of a 2005 Popular Science Best of What&apos;s New Award in the Personal Health Category. To win, a product or technology must represent a significant step...</summary>
<author>
<name>Karen</name>


</author>
<dc:subject>Portfolios</dc:subject>
<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://www.drapertriangle.com/whatsnew/">
<![CDATA[bodybugg&#8482;, the joint effort of <a href="http://www.drapertriangle.com/portfolio/bodymedia.php">BodyMedia</a> and Apex Fitness Group, has been named winner of a 2005 Popular Science Best of What's New Award in the Personal Health Category.  To win, a product or technology must represent a significant step forward in its category.  Winners will be featured in the December special editorial section.  Congratulations!]]>

</content>
</entry>
<entry>
<title>Haley Introduces HaleyAuthority 5.1</title>
<link rel="alternate" type="text/html" href="http://www.drapertriangle.com/whatsnew/archives/haley_introduces_haleyauthority_51.php" />
<modified>2005-11-08T20:27:36Z</modified>
<issued>2005-11-08T20:15:29Z</issued>
<id>tag:www.drapertriangle.com,2005:/whatsnew//8.401</id>
<created>2005-11-08T20:15:29Z</created>
<summary type="text/plain">Haley Systems announced the release of HaleyAuthority 5.1, bringing its customers a range of functionality across the various stages of the application development lifecycle, from decision logic capture and modeling to business rules implementation. The release is industry&apos;s first business...</summary>
<author>
<name>Karen</name>


</author>
<dc:subject>Portfolios</dc:subject>
<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://www.drapertriangle.com/whatsnew/">
<![CDATA[<a href="http://www.drapertriangle.com/portfolio/haley.php">Haley Systems</a> announced the release of HaleyAuthority 5.1, bringing its customers a range of functionality across the various stages of the application development lifecycle, from decision logic capture and modeling to business rules implementation.  The release is industry's first business rules authoring software designed to enable business users to capture, organize, manage, test and deploy business rules while reducing the IT burden of implementing frequent rule changes in application code.  Read more about HaleyAuthority 5.1, and the whole suite of applications on the <a href="http://www.haley.com">Haley Systems website</a>.]]>

</content>
</entry>
<entry>
<title>Haley Systems Partners with BIZRULES</title>
<link rel="alternate" type="text/html" href="http://www.drapertriangle.com/whatsnew/archives/haley_systems_partners_with_bizrules.php" />
<modified>2005-11-08T20:28:05Z</modified>
<issued>2005-11-08T19:59:11Z</issued>
<id>tag:www.drapertriangle.com,2005:/whatsnew//8.400</id>
<created>2005-11-08T19:59:11Z</created>
<summary type="text/plain">Haley Systems formed a strategic software partnership with BIZRULES, a leading provider of consulting services and turnkey solutions for business rules management, business process management and knowledge management. BIZRULES will integrate Haley&apos;s Business Rules Management Suite, including HaleyRules and HaleyAuthroity,...</summary>
<author>
<name>Karen</name>


</author>
<dc:subject>Portfolios</dc:subject>
<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://www.drapertriangle.com/whatsnew/">
<![CDATA[<a href="http://www.drapertriangle.com/portfolio/haley.php">Haley Systems</a> formed a strategic software partnership with BIZRULES, a leading provider of consulting services and turnkey solutions for business rules management, business process management and knowledge management.  BIZRULES will integrate Haley's Business Rules Management Suite, including HaleyRules and HaleyAuthroity, with its BIZRULES&reg; RULE-PAK&#8482;. The software integration will jump-start development of customer relationship management, supply chain management, knowledge management and business process management applications.]]>

</content>
</entry>
<entry>
<title>Renal Solutions and T-Med Bring Sorbent Hemodialysis to the UK and Ireland</title>
<link rel="alternate" type="text/html" href="http://www.drapertriangle.com/whatsnew/archives/renal_solutions_and_tmed_bring_sorbent_hemodialysis_to_the_uk_and_ireland.php" />
<modified>2005-11-03T18:08:32Z</modified>
<issued>2005-11-03T16:53:51Z</issued>
<id>tag:www.drapertriangle.com,2005:/whatsnew//8.398</id>
<created>2005-11-03T16:53:51Z</created>
<summary type="text/plain"><![CDATA[Renal Solutions has signed an exclusive distribution agreement with T-Med, a leading European distributor of medical, diagnostic and dialysis solutions, to have T-Med distribute the Allient&reg; Sorbent Hemodialysis System in the United Kingdom and Ireland. The Allient technology will assist...]]></summary>
<author>
<name>Karen</name>


</author>
<dc:subject>Portfolios</dc:subject>
<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://www.drapertriangle.com/whatsnew/">
<![CDATA[<a href="http://www.drapertriangle.com/portfolio/renal_solutions.php">Renal Solutions</a> has signed an exclusive distribution agreement with T-Med, a leading European distributor of medical, diagnostic and dialysis solutions, to have T-Med distribute the Allient&reg; Sorbent Hemodialysis System in the United Kingdom and Ireland. The Allient technology will assist the UK National Health Services achieve its goal of increasing the percentage of patients who utilize home hemodialysis to 10-15% from its present level of under 2%.  For more information, visit the Renal Solutions <a href="http://www.renalsolutionsinc.com">website</a>.]]>

</content>
</entry>
<entry>
<title><![CDATA[Delaware Schools to Utilize Cognitive Tutor&reg;]]></title>
<link rel="alternate" type="text/html" href="http://www.drapertriangle.com/whatsnew/archives/delaware_schools_to_utilize_cognitive_tutor.php" />
<modified>2005-11-01T22:21:38Z</modified>
<issued>2005-11-01T22:13:26Z</issued>
<id>tag:www.drapertriangle.com,2005:/whatsnew//8.396</id>
<created>2005-11-01T22:13:26Z</created>
<summary type="text/plain"><![CDATA[Middle and high schools across Delaware have purchased Carnegie Learning products for use as a vocational technical preparation curriculum as well as a secondary basal mathematics curriculum. Cognitive Tutor&reg; is a leading provider of core mathematics curricula for middle and...]]></summary>
<author>
<name>Karen</name>


</author>
<dc:subject>Portfolios</dc:subject>
<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://www.drapertriangle.com/whatsnew/">
<![CDATA[Middle and high schools across Delaware have purchased Carnegie Learning products for use as a vocational technical preparation curriculum as well as a secondary basal mathematics curriculum. Cognitive Tutor&reg; is a leading provider of core mathematics curricula for middle and high schools, and recently the company is seeing growth in the purchase of their products for supplemental applications, many in the area of vocational technical education. By combining software, text, and classroom instruction, the Cognitive Tutor identifies weaknesses in a student's mastery of mathematical concepts, customizes prompts to focus on areas where the student is struggling, and provides the teacher with a report on each student's progress.]]>

</content>
</entry>
<entry>
<title>Robot-Ready Consumers?</title>
<link rel="alternate" type="text/html" href="http://www.drapertriangle.com/whatsnew/archives/robotready_consumers.php" />
<modified>2005-10-27T18:55:06Z</modified>
<issued>2005-10-27T16:56:25Z</issued>
<id>tag:www.drapertriangle.com,2005:/whatsnew//8.395</id>
<created>2005-10-27T16:56:25Z</created>
<summary type="text/plain">A recent Red Herring article questioned the readiness of consumers to pay for mobile robots - those which move around and interact with people. While the industry is growing, the consumer market is clearly in its early stages. Many companies...</summary>
<author>
<name>Karen</name>


</author>
<dc:subject>Portfolios</dc:subject>
<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://www.drapertriangle.com/whatsnew/">
<![CDATA[A recent Red Herring article questioned the readiness of consumers to pay for mobile robots - those which move around and interact with people.  While the industry is growing, the consumer market is clearly in its early stages. Many companies have found other applications for their robots while they wait for the consumer market to take off -- the government and industries are the two biggest targets.  Aldo Zini, president of <a href="http://www.drapertriangle.com/portfolio/aethon.php">Aethon</a>, went to the hospital industry with his TUG carrier robots.  TUGs carry medicine and charts throughout hospitals elminating the need for nurse's and aides to do the transporting. Read the full article <a href="http://redherring.com/Article.aspx?a=13814&hed=Business%2BPlans%2Bfor%2BRobots#">here</a>.]]>

</content>
</entry>
<entry>
<title>Draper Triangle Receives $5 Million</title>
<link rel="alternate" type="text/html" href="http://www.drapertriangle.com/whatsnew/archives/draper_triangle_receives_5_million.php" />
<modified>2005-10-25T20:29:08Z</modified>
<issued>2005-10-25T20:24:17Z</issued>
<id>tag:www.drapertriangle.com,2005:/whatsnew//8.394</id>
<created>2005-10-25T20:24:17Z</created>
<summary type="text/plain">Draper Triangle received $5 million from the Commonwealth Financing Authority as part of a $60 million package created two years ago to make more capital available for startups. As one of the most active investors in southwestern PA, we were...</summary>
<author>
<name>Karen</name>


</author>
<dc:subject>VC Industry</dc:subject>
<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://www.drapertriangle.com/whatsnew/">
Draper Triangle received $5 million from the Commonwealth Financing Authority as part of a $60 million package created two years ago to make more capital available for startups. As one of the most active investors in southwestern PA, we were the only Pittsburgh-based recipient out of the seven venture firms who received money.

</content>
</entry>

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