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Rich Rusnack
Rich Rusnack joined the Presidio Trust as Chief Business Officer in 2019. Prior to joining the Presidio Trust, Rich co-founded Scanforce which evolved from the need to generate digital models of existing buildings quickly, affordably and accurately. Rich has held interim CEO/President positions with Flux.io, Guideboat and MacPherson's. Earlier in…
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IAA Announces Acquisition of SYNETIQ
WESTCHESTER, Ill.—(BUSINESS WIRE)—IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announced it has signed an agreement to acquire the stock of SYNETIQ Ltd. (“SYNETIQ”), a leading integrated salvage and vehicle dismantling company in the United Kingdom, for £225 million. IAA, Inc. will acquire the…
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Calithera Biosciences Scores Two Complementary Oncology Compounds in Takeda Deal
Calithera Biosciences is expanding its oncology portfolio with the addition of two clinical-stage compounds from Takeda Pharmaceuticals. Both compounds, a Torc 1/2 inhibitor and a SYK inhibitor, have already shown promise in the clinic and have potential in biomarker-defined cancer patient populations. On Monday, October 18, South San Francisco-based Calithera…
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Delphinus Receives FDA Approval
NOVI, Michigan –– Delphinus Medical Technologies, Inc. announced that the U.S. Food and Drug Administration (FDA) has granted premarket approval (PMA) of its SoftVue™ 3D Whole Breast Ultrasound Tomography System (SoftVue™) for use as an adjunct to digital mammography in the screening of asymptomatic women with dense breast tissue. Clinical…
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ALX Oncology Acquires ScalmiBio
SOUTH SAN FRANCISCO (GLOBE NEWSWIRE)—ALX Oncology Holdings Inc. (“ALX Oncology”) (Nasdaq: ALXO), a clinical-stage immuno-oncology company, and ScalmiBio, Inc. (“ScalmiBio”) announced that ALX Oncology has acquired ScalmiBio. ALX Oncology further expands its pipeline with plans to develop new anti-cancer drug candidates based on ScalmiBio’s platform; these new molecules will be…
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Lawrence Snapp
Lawrence Snapp brings over 20 years of Board and senior operating experience to TrustScale. He has held leadership roles at companies such as Microsoft (NASDAQ: MSFT), Jabil Circuit (NYSE: JBL), NationalCineMedia (NASDAQ: NCMI), Bryj.ai and other private high-growth companies. Lawence has an MBA from The Darden School at University of…
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Xantrion Named to the 100 Largest Bay Area Women-Owned Businesses List
OAKLAND, Calif.— Xantrion Inc., a top 100 provider of Managed Security Services for midsized companies in the San Francisco Bay Area, has been recognized as one of the San Francisco Business Times “Largest Women-Owned Businesses” for the fourteenth consecutive year. “It continues to be gratifying to make the list, especially…
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Versatile Secures $80M Series B
Versatile®, a construction technology pioneer using artificial intelligence (AI) and the internet of things (IoT) to optimize construction processes, today announced it has secured $80 million in Series B funding. Insight Partners led the round, joined by Tiger Global. The investment will support the company’s rapid growth and strengthen its…
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Copado DevOps Raises $140M in Series C Financing
CHICAGO— Copado, a leading DevOps platform powering some of the world's largest digital transformations, announced it has raised $140 million in Series C financing, bringing the total funds invested in the company to $257 million. The financing was led by Insight Partners with participation from new investors SoftBank Vision Fund…
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Proximie Partners with Teladoc Health to Connect Operating Rooms Globally
BOSTON—Proximie, a health technology platform focused on digitizing operating and diagnostic rooms, announced an integration with Teladoc Health's Solo platform for hospitals and health systems. The partnership is a global agreement, focused initially on the US market. Proximie's virtual operating room capabilities will become a part of the Solo ecosystem…
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One Medical Completes Acquisition of Iora Health
SAN FRANCISCO —One Medical (1Life Healthcare, Inc., Nasdaq: ONEM), a leading human-centered and technology-powered national primary care organization, announced it has completed the acquisition of Iora Health, a human-centered, value-based primary care organization with built-for-purpose technology focused on serving Medicare populations. “One Medical is now even better positioned to deliver…
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Ulrich Lang
Ulrich Lang is a renowned thought leader in cybersecurity (including model-driven security, access control policy, and application platform security), big data analytics, artificial intelligence, and virtual/augmented reality. He is working on an intelligent big-data supply chain risk analytics solution, and numerous projects around policy automation and policy testing. He is…
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Martin Herbst
Martin Herbst, the former eBay Asia-Pacific GM, joined JobAdder as CEO in 2020. As eBay’s Asia-Pacific GM, Martin led Gumtree Australia’s push into automotive, overseeing its recent acquisition of the former Cox Automotive assets AutoTrader and CarsGuide. Martin earned a BA in economics from Colgate University and an MBA from…
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Natera Announces the Validation and Launch of the Prospera Heart Transplant Assessment Test
AUSTIN, Texas—Natera, Inc. (NASDAQ: NTRA), a leader in transforming care through genetic and cell-free DNA (cfDNA) testing, announced the validation and clinical availability of its Prospera Heart transplant assessment test for heart transplant recipients. This launch represents the first major application of the Prospera technology beyond kidney transplant and leverages…
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Xicato Wins Two Coveted Sapphire Awards
LOS GATOS, CA, UNITED STATES—Xicato, the leading provider of smart building wireless controls and highest quality spot and linear lighting, is proud to announce that two of Xicato's lighting and controls solutions have won the highly coveted Sapphire Awards by LEDs Magazine. The Sapphire Awards is an esteemed awards program…
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Cork Supply USA Named to the List of the “Best Places to Work in the North Bay”
Congratulations to Cork Supply USA, led by Alliance members James Herwatt and Peter Hladun, on being named to the North Bay Business Journal's list of the “Best Places to Work in the North Bay!”
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Apeel Bites into Another $250M Funding Round
Apeel Sciences, a food system innovation company, is out to prevent food produced globally from ending up in the landfill, especially as pressures from the global pandemic affect the food supply chain. The company has added $250 million in Series E funding, giving it a valuation of $2 billion, to…
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Sutro Biopharma Ovarian Cancer Drug Gets FDA’s Fast Track Tag
SOUTH SAN FRANCISCO – Sutro Biopharma, Inc. (NASDAQ: STRO), a clinical-stage drug discovery, development and manufacturing company focused on the application of precise protein engineering and rational design to create next-generation cancer and autoimmune therapeutics,announced that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation for STRO-002,…
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8 Alliance Members Make the INC 5000 Fastest Growing List
Congratulations to the following Alliance Members whose companies were named to the 2021 INC 5000 list of the fastest growing companies in America. • Bitwise Industries, led by CRO LaMar Bunts • Conversion Logix, led by CEO Sarah Gaeta • Folio3, led by CEO Adnan Lawai • Innowave Marketing Group,…
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Rubrik Announces Strategic Agreement with Microsoft
PALO ALTO, Calif.. — Rubrik, the Zero Trust Data Management Company™️, today announced a strategic agreement with Microsoft that includes a Microsoft equity investment in Rubrik to drive go to market activities and co-engineering projects to deliver integrated Zero Trust data protection solutions built on Microsoft Azure. This work will…
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World’s First Surgery Using Virtual Incision’s MIRA Miniature Robotic System
LINCOLN, Neb., & PLEASANTON, Calif.——Virtual Incision Corporation, a medical device company pioneering first-of-its-kind miniaturized robots for laparoscopic surgery, announced that the world’s first surgery using the MIRA™ (“miniaturized in vivo robotic assistant”) Surgical Platform has been successfully performed by Michael A. Jobst, M.D., at Bryan Medical Center in Lincoln, Nebraska.…
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Luke Haverhals Named to “Researcher to Know in 2021” List
Congratulations to Alliance member, Dr. Luke Haverhals, who has been named to the Illinois Science and Technology Coalition's “Researcher to Know in 2021” list. Dr. Luke Haverhals, a professor at Bradley University, will have his name added to a list that showcases standout researchers from across the state whose innovative…
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Eyevensys Raises $12M in a Series B Plus Funding Round
PARIS & CAMBRIDGE, Mass.—Eyevensys, a privately held, clinical-stage biotechnology company developing non-viral gene therapies for ophthalmic diseases, announced it has raised $12M in a Series B Plus funding round. Korea Investment Partners is leading the Series B Plus financing and existing investors will also join the round. The financing will…
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Industrial cybersecurity firm Nozomi Networks raises $100M
Industrial cybersecurity firm Nozomi Networks Inc. announced it has raised $100 million in new funding to help accelerate the company’s growth. Triangle Peak Partners led the Series D round. Other investors included Forward Investments, Honeywell Ventures, In-Q-Tel, Keysight Technologies, Porsche Ventures, Telefónica Ventures, GGV Capital, Lux Capital, Energize Ventures, Planven…
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Caribou Biosciences Announces Pricing of Upsized Initial Public Offering
BERKELEY, Calif.—Caribou Biosciences, Inc., a leading clinical-stage CRISPR genome-editing biopharmaceutical company, announced today the pricing of its upsized initial public offering of 19,000,000 shares of common stock at a public offering price of $16.00 per share. All of the shares of common stock are being offered by Caribou. The gross…
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Novome Announces Phase 1 Trial of GEMM Cell Therapy
Novome Biotechnologies has announced the beginning of its phase 1 trial evaluating NOV-001, a once-daily Genetically Engineered Microbial Medicine for the treatment of enteric hyperoxaluria. “With this significant milestone, we are advancing toward our goal of becoming a leader in the field of living therapeutics,” Blake Wise, CEO of Novome…
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Cytek Biosciences Files Plans for an IPO
Cytek BioSciences, which provides cell analysis instruments for life science applications, filed on with the SEC to raise up to $100 million in an initial public offering. Cytek Biosciences' core products are the Aurora and Northern Lights systems, which are full spectrum flow cytometers that deliver high-resolution cell analysis by…
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Caribou Biosciences Files for IPO
Caribou Biosciences Inc. said it plans to fund ongoing drug studies with proceeds from an initial public offering, according to a Securities and Exchange Commission filing late Thursday. The Berkeley, Calif.-based biotech drug company currently uses CRISPR gene editing techniques to develop cancer treatments, and plans to list under the…
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Copado Announces Agreement to Acquire Leading AI Testing Company
CHICAGO /PRNewswire/— Copado, a leading DevOps platform powering the world's largest digital transformations, announced a definitive agreement to acquire Qentinel. Designed for both non-technical and code-based developers, Qentinel provides robotic software testing for all major enterprise software platforms, including Oracle, SAP and Microsoft. It is the only proven, enterprise-ready, AI-enabled…
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Sakuu Awarded Three Patents to Support Novel Battery Applications
Sakuu Corporation has received approval of three new patents: a hybrid solid-state cell with a sealed anode structure, an Additive Manufacturing system with the ability to create an active device such as a micro-reactor or solid-state battery and an electrophotographic multi-material AM machine, capable of using materials previously unsuited to…
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