WHO’S GETTING FUNDED?
ShopRunner, the Conshohocken ecommerce shipping service that spun out of GSI Commerce when it was bought by Ebay, received a $75 million investment from Alibaba Group Holding, a Chinese ecommerce giant, according to a report on The Next Web, though The Next Web was not yet able to confirm the news, reported by the Wall Street Journal and the Financial Times. Alibaba previously invested in Fanatics, ShopRunner’s sister company that’s based in Jacksonville, Fla.
WHO’S GETTING BUZZ?
About two dozen Philly-area tech companies made the annual Inc. 5000 list of fastest growing companies in the country, including King of Prussia-based clinical payment company Greenphire (#192), Exton-based insurance software firm iPipeline (#2000), Manayunk web dev firm Intuitive Company (#1805) and Center City language software retailer Stroll (#1016). Find the full list here.
Wharton featured the four DreamIt Health startups that came from Wharton founders on its blog. Also check out this post on the importance of community at Wharton’s summer incubator space for student startups.
Autism Expressed, the edtech startup focused on teaching digital literacy to Autistic students, won Startup of the Year at the Philly Geek Awards. Find a full list of winners here.
WHO’S MAKING MOVES?
Visual analytics firm Curalate (and last year’s Philly Geek Awards’ Startup of the Year) has a new logo. Check it out below.
NextDocs appointed William Levering as its CFO, according to a release. Levering was formerly Executive Vice President and Chief Financial Officer at Hamilton, N.J.-based voice-driven software firm Voxware, Inc.
The Conshohocken life sciences software firm also appointed two new board members: Robert Steinkrauss and George Riedel. Steinkrauss, according to a release. Steinkrauss has held leadership positions at tech companies like Sunnyvale, Calif.-based Agiliance, Boston-based Core Security and Exinda, while Riedel is on the boards of companies like Boston-based PeerApp, San Jose-based Tessera Technologies and San Francisco-based Cloudmark.
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.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!
The person charged in the UnitedHealthcare CEO shooting had a ton of tech connections
From rejection to innovation: How I built a tool to beat AI hiring algorithms at their own game
How a laid-off AI enthusiast pivoted to become a founder — while holding down a day job
