April 12, 2013 |
iPipeline, an insurance-software maker based in Exton, is the latest suburban tech firm to add a Center City office in hopes of luring young engineers, programmers, and information-technology salespeople. The firm, which employs 390 in the Philadelphia area and its U.S. and foreign offices, and hopes to add 50 more this year, has leased a suite on the 33d floor at 1818 Market St., a 40-story building soon to be known as Beneficial Place, the new headquarters for the city's largest remaining bank.
March 1, 2013
SHILLINGTON, Pa. - The ACLU accused a Berks County school district Wednesday of blocking Internet content about gay people. The American Civil Liberties Union said Governor Mifflin School District's filtering software blocked sites that a student tried to access for research. That violates students' free-speech rights, the ACLU contends. The ACLU has sent a letter to Governor Mifflin asking that it reconfigure the software. A district spokeswoman did not return a message seeking comment.
February 6, 2013 |
I'm surprised when any local investment firm, except for First Round Capital , closes on a new venture capital fund. The Philadelphia area is far from the venture capital centers of Silicon Valley, New York, and Boston. But there was Osage Venture Partners , of Bala Cynwyd, on Monday announcing that it had raised $66 million for its third fund. Before you decide to ship the latest version of your business plan to Osage, it's worth knowing that the firm only invests in "early-stage enterprise software companies" in the mid-Atlantic region.
February 1, 2013 |
A Tredyffrin Township man has been cleared of charges that he used software to spy on his wife. While the couple were divorcing, Jay Anthony Ciccarone, 39, allegedly installed the program Web Watcher on her computer to read her e-mails. His attorney, Ellen Brotman, argued that prosecutors could not prove why Ciccarone used the software. At a pretrial proceeding last Friday, Chester County Judge James P. MacElree II dismissed charges of unlawful use of a computer, intercepting communications - both felonies - and unlawfully accessing stored communications, a misdemeanor.
January 31, 2013
J OHN NJOKU, 31, of Southwest Center City, is co-founder and chief executive of Kwelia. The start-up has developed software for property managers to price their apartments using real-time market data. Njoku, who has practiced law in New York and worked in real estate in New York and Connecticut, works with co-founder Chris Connell and "data guy" Greg Phillips from an office on Walnut Street near 17th. Q: What does Kwelia do? A: Kwelia is a data-analytics platform for residential real estate.
January 17, 2013 |
"We're going to build a big company," says Michael Phelan , the Chester County native whose six-year-old, Wilmington-based software firm, SevOne Inc. , has helped Comcast, Credit Suisse, Lockheed Martin, smartphone-makers, and other giants view, fix, and manage world-circling computer systems. SevOne said Tuesday that it has landed a fat $150 million investment from backers led by Boston-based Bain Capital - presidential candidate Mitt Romney's old firm - which counts Domino's Pizza , Gartner Group , and Sports Authority among its successes.
January 10, 2013 |
A Chinese national pleaded guilty to U.S. charges that he sold pirated software from American companies, including Agilent Technologies Inc. Xiang Li, 36, admitted Monday in federal court in Wilmington to one count each of conspiring to commit criminal copyright infringement and conspiring to commit wire fraud, according to court records. The case was handled by U.S. Immigration and Customs Enforcement's Homeland Security Investigations unit. "Li mistakenly thought he was safe from the long arm of HSI, hiding halfway around the world in cyberspace anonymity," ICE Director John Morton said in a statement Tuesday with U.S. Attorney Charles Oberly in Wilmington.
December 28, 2012 |
Liquent Inc., of Horsham, has been acquired by Parexel International Corp. for $72 million in cash. Founded in 1994, Liquent develops software that helps more than 200 biopharmaceutical and life-sciences companies manage their regulatory submissions and product registrations. It has about 300 employees at offices in the United Kingdom, Germany and India and about 100 at its Montgomery County headquarters. Parexel, of Waltham, Mass., also provides a variety of services to the life-sciences industry, including clinical-trials management, biostatistical analysis, and medical communications.