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Point.io sets up shop in Philadelphia’s Innovation Center @3401

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“For decades, companies have been locking down all of their information,” explains Point.io's Ron Rock. “Suddenly, thanks to the cloud and mobile, companies need to make all of this information available anytime, anywhere, on any device, even ones they don't own.”

His company offers a patent-pending technology that dramatically reduces development time for mobile applications, allowing clients to leverage existing information assets while insuring data is accessed securely. 

Point.io recently moved from King of Prussia to new digs at the Innovation Center @3401, a partnership between the University City Science Center and Drexel University. The 17,000-square-foot facility includes a collaboration space for more than 50 tech entrepreneurs and freelancers. Point.io is the first mid-size company to move to the center, which opened last month.

“We made the move to be part of the new high-tech innovation scene in [West Philadelphia],” says Rock. “I like to say it takes a community to raise a company, and here at 3401, we have all of the ingredients for success. Most importantly, we get access to an amazingly talented group of young professionals/students/co-ops who would not be available in any other location. Plus, it's just plain fun. The energy and the overall vibe are inspirational and energizing.”

Point.io was founded four years ago in King of Prussia, but had no commercial success. Rock and his team joined in January 2013 and “recapitalized, rebranded and re-architected the technology into where we are today.” In their first 15 months, he reports, they were primarily focused on cleaning up the technology and refining market positioning. Last quarter the company experienced significant bookings with several clients, including a contract with a Fortune 100 client.

Rock expects that over the next year, Point.io will add eight to 12 new employees to its current workforce of 13. He also hopes to add interns and co-op students, and significantly grow revenues.  

“Today we are selling in healthcare, financial services and communications industries,” he adds. “We will be expanding across multiple segments, but with an increased focus on front-end customer engagement and marketing solutions.” 

Source: Ron Rock,Point.io
Writer: Elise Vider

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