Startups

Benjamin Franklin Technology Partners invests $260k in the Lehigh Valley [VC Roundup]

Welcome to the VC Roundup, where we’ll parse through venture capital news related to Philadelphia-based private equity firms and the companies they fund. Subscribe to the roundup as an email newsletter. If you have any VC-related news to pass along to us, please drop us a line. MUST READS First Round Capital participated in a $9 million […]

Welcome to the VC Roundup, where we’ll parse through venture capital news related to Philadelphia-based private equity firms and the companies they fund. Subscribe to the roundup as an email newsletter. If you have any VC-related news to pass along to us, please drop us a line.

MUST READS

First Round Capital participated in a $9 million round for San Mateo, Calif.-based Jelli, a user-controlled radio, RBR reports.

GIVE A GLANCE

King of Prussia medical device company InSyte Medical Technologies raised $2.1 million, according to an SEC filing. The company develops devices that help deliver anesthesia for childbirth, according to Business Week.

Plymouth Meeting-based company BioBehavioral Diagnostics Company raised $2.4 million, according to an SEC filing. The company, which also has an office in Cambridge, Mass., develop technology surrounding ADHD.

Venture capitalists from Philly and the rest of the East Coast gathered in Washington Square West last week for Early Stage East‘s Club Pitch Philly 2012, we reported last week.

MIGHT BE WORTH YOUR TIME

Benjamin Franklin Technology Partners of Northeastern Pennsylvania recently announced a $260,000 investment in the four businesses in the Lehigh Valley, including ZeroTruck Corporation, a “next-generation electric drive integration system,” and SuccessTSM LLC, a “disaster recovery management software tool.”

Companies: Ben Franklin Technology Ventures / First Round Capital

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

3 ways to support our work:
  • Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
  • Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
  • Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
The journalism fund Preferred partners Our services
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

Trump may kill the CHIPS and Science Act. Here’s what that means for your community.

A week before Election Day, some Philly city employees question unexpected website change

A Pennsylvania voter’s guide to tech policy on the ballot in the 2024 election

How Philly officials keep your vote secure — and stop dead people from casting a ballot

Technically Media