Portfolio Company HighlightsUSA Today: How Harihara Varma Indukuri Wants to Change Data SecurityIn recent years, many businesses have operated with potentially outdated information technology (IT) security. As malware, phishing, data breaches, and cloud attacks become increasing issues, Harihara Varma Indukuri aims to rework data security. As the cybersecurity industry needs revamping, the Co-Founder and Chief Technology Officer (CTO) of the FenixPyre (formerly Datanchor) platform wants to offer advanced protection tailored to meet the individualistic challenges many modern enterprises face. Partner HighlightsBon Secours Mercy Health partners with private equity-owned providerBon Secours Mercy Health’s home health and hospice care division is teaming up with national home health care provider Compassus as part of a newly minted partnership. The home health and hospice program will now be called Bon Secours Home Care and Hospice by Compassus. The merger will impact BSMH locations in Florida, Illinois, Kentucky, Ohio and South Carolina. Industry Highlights Fenwick and Aumni, a J.P. Morgan Company, announce strategic collaboration on new venture capital market data reportFenwick, a leading law firm renowned for its expertise in guiding technology and life sciences companies at every stage of growth, has entered into a strategic collaboration with Aumni, a J.P. Morgan company specializing in venture capital data solutions, to deliver data-based market insights to the venture capital industry.
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Koksal named National Academy of Inventors Senior MemberOhio State University Engineering Professor Emre Koksal has been named a Senior Member by the National Academy of Inventors. Author of more than 150 academic papers and inventor on 10 patents, he also is the founder and Chief Scientist of FenixPyre (fka Datanchor), a Valley Growth Ventures portfolio company that has developed a new way to control access to sensitive data. Business Journal Classic: Roots of Youngstown Business Incubator Go Back to 1986What started in the mid-1980s as an initiative to assist entrepreneurs in the Mahoning Valley is now an internationally recognized business incubator that encompasses five buildings – with plans to expand to a sixth – and hosts the first national manufacturing hub created by the Obama administration. Venture capital firm targets women's sportsThe venture capital firm, which opened an office in Miami Beach last year, plans to explore opportunities to invest in team ownership, financing, stadium development, media and other business related to women's sports and female athletes. The company aims to initially make a $10 million to $50 million equity investment in the WNBA.
Breakthrough Study Featured in Cardiovascular Business: S4 Medical's Esolution Device Successfully Reduces Esophageal Injuries during AFib AblationYSU Receives $220K State Grant for Parking UpgradesYoungstown State University has received $220,000 from the State Controlling Board for the acquisition of two parcels near the campus, aimed at expanding parking facilities. The approved purchase of 337 and 359 Arlington St., including two boarding houses, will provide 170 additional parking spaces on the west end of the campus. This move is crucial to replace parking spaces lost after the demolition of a parking deck on Fifth Avenue. Notably, YSU is not contributing any funds towards this property acquisition. theSkimm Co-Founders: Navigating the Rollercoaster Ride of Media LandscapeCarly Zakin and Danielle Weisberg, co-founders, and co-CEOs of theSkimm, a digital media company that provides news through a targeted newsletter for millennial women, delved into the market gap they aimed to address with theSkimm. They also shared insights on navigating the dynamic digital media landscape, the challenges of pitching a product focused on millennial women to male venture capitalists, and the reasoning behind their decision to serve as co-CEOs and why they believe this strategy has been successful for them.
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