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Innovation & Job News

SnipSnap's hot streak continues, among six funded by Ben Franklin Technology Partners-Southeast PA

Thirty thousand downloads can't be wrong. SnipSnap was one of six companies to receive a combined $675,000 in funding from Ben Franklin Technology Partners of Southeastern Pennsylvania, announced on Monday.
 
SnipSnap, which won Switch Philly during Philly Tech Week last month, has deveoped technology to allow users to more effectively organize coupons.
 
Also receiving funding were:
 
Zonoff Inc. of Malvern pulled in $200,000 for its suite of home energy automation hardware and software products, the Diplomat Home Control Platform. Zonoff is a spinoff of another Ben Franklin portfolio company, BuLogics.
 
GroupAppz Inc. of Fort Washington earned $150,000 for its development of mobile and web-based apps that improve group-oriented activity like business collaboration and member engagement.
 
PeopleLinx of Philadelphia also earned $150,000 for its business software that shapes and directs employees' use of social media tools.
 
Cross X Platform of Audobon received $100,000 for its shared services solution that includes cloud-based collaborative sales and recruiting engines, efficient back-office support, leadership and capital to increase speed and operational agility.
 
Syandus of Exton took in $25,000 for its digital medical education programs that use learning simulations to help doctors better learn to diagnose and manage diseases. Ben Franklin previously invested $150,000 in the company.
 
Source: Jaron Rhodes, Ben Franklin Technology Partners of Southeastern Pennsylvania
Writer: Joe Petrucci

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