Week in Review: JOBS Act Update and Inc. 500|5000
Posted by | August 24, 2012
Safeguard Scientifics’ CFO Steve Zarrilli covered the JOBS act as a win for startups, venture capital, and the economy. Since then, the law was passed by Congress and changes in funding and the IPO process are becoming evident. An important part of the new law was the encouragement of capital formation through “crowdfunding.” While the SEC is still writing the rules for this portion of the JOBS Act, groups like the North American Securities Administrators Association (NASAA) is weighing in on its potential dangers, especially fraud. We’ll keep following the effects of the JOBS act, so check back often for updates.
In the meantime, catch up on the latest new from our partner companies:
- 5 of our partner companies were named to the Inc. 500|5000—they include Spongecell (#27), MediaMath (#271), AdvantEdge Healthcare Solutions (#757), Bridgevine (#2856), and Beyond.com (#3187). Spongecell’s news was covered in BetaBeat and AdExchanger.
Here’s more from our partner companies:
- MediaMath has entered the Japanese market by partnering with Maxifier.
- Medivo’s mobile app GI Monitor was featured on the Today Show in a segment about apps and websites that help patients stay healthy.
- Medical Device Daily interviewed NovaSom’s Michael Coppola, MD, chief medical officer and VP of medical affairs, about the challenges of obstructive sleep apnea and how NovaSom’s technology helps treat the disease.
- NuPathe announced its second quarter 2012 results, including highlights such as its New Drug Application resubmission, appointment of Armando Anido as CEO, new patents, and more.
- IRIS International selected ThingWorx’s connected application platform to enhance its remote service management platform with high-value monitoring and automation. In addition, Fast Company featured ThingWorx’s partnership with Dirt Road Data and how it will improve monitoring of farm productivity.
To read more of our Week in Review series, please use the following feed: safeguardscientifics.com/WeekInReview. Have a great weekend!