13 technology companies in central and northern PA, working on everything from sleep apnea to social media to water purification systems, received more than $1 million in new investments last month from Ben Franklin Technology Partners/CNP.
With five-year revenue growth north of 83,000 percent, MeetMe, the New Hope-based social media network, is the third-fastest growing tech firm in North America.
Bellefonte's Actuated Medical has received additional FDA clearance for its expanded line, is preparing to launch a new product and continues to grow its workforce.
In less than a year, Philadelphia's Cloudnexa has generated $2.3 million in investments, signed multiple, multi-million-dollar contracts, created a workforce of 16 and moved into new corporate headquarters at the Philadelphia Navy Yard.
Renold Capocasale, founder and CEO of Doylestown's FlowMetric was in London this week with Philadelphia Mayor Michael Nutter to extol the virtues of the region as an ideal location for overseas companies.