Week in Review: NYC Startups Band Together, Steve Zarrilli Steps in as President and CEO
Posted by | November 2, 2012
Hurricane Sandy devastated the Mid-Atlantic region early this week, leaving flooding, power outages, gas shortages and battered houses and landscapes up and down the east coast. Many offices, including those of New York City’s Silicon Alley, are still without electricity. Others are flooded. But the startup community has pulled together to share available office space and try to return to a sense of normalcy. Our thoughts go out to all those affected by the storm.
Last Thursday, Safeguard announced that CFO Steve Zarrilli is succeeding Peter J. Boni as Safeguard’s new CEO. Steve officially took the helm yesterday. Both Steve and Peter penned blog posts last week about the transition. The big news earned ink in the Wall Street Journal, CNBC, Philly.com, the Daily Local News, NASDAQ, Dow Jones VentureWire, PEHub, Philadelphia Business Journal, and Philly Tech News.
Our partner companies have also earned headlines over the past couple weeks. Here are the highlights:
- AdvantEdge Healthcare Solutions acquired Medrium to expand its services and geographic footprint.
- DriveFactor was named a company to watch and featured in the Richmond Times-Dispatch.
- Good Start Genetics is expanding its sequencing-based carrier screening to 23 diseases. Genome Web covered the news.
- MediaMath’s success with the Facebook Exchange platform earned mention on Facebook’s third quarter earnings call. MediaMath found its clients achieved 40 percent better performance on Facebook Exchange than on other platforms.
- NovaSom, AdvantEdge Healthcare solutions, and Good Start Genetics were featured in a MedCity news article about Safeguard’s most compelling partner companies. In addition, NovaSom’s Chief Medical Officer was featured on the cover of Sleep Review Magazine.
- NuPathe completed its financing and added new board members. Philadelphia Business Journal covered the news.
- Business Insider highlighted takeaways from a Penn Mezzanine webinar.
- Spongecell CEO Ben Kartzman spoke about the future of display advertising in Adotas.
To read more of our Week in Review series, please use the following feed: safeguardscientifics.com/WeekInReview. Enjoy your weekend!
