PACT Times

October 2016

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Cover Stories

PACT Launches New Brand Focused on Innovation and Entrepreneurship

Strategy committed to early- and growth-stage technology and healthcare companies throughout the Delaware Valley

pact logo

We proudly announce the launch of our new brand, laser focused on early- and growth-stage companies in the Greater Philadelphia region along with complimentary drivers of innovation and entrepreneurship.

Read full Details under "big news for pact"

Digital Transformation is Just the Start: True Innovation is Driven by a Culture of Inclusion

Written by Dave Spencer, SAP North America


Cloud computing, predictive analytics, Internet of Things and other disruptive technologies have vastly transformed legacy business models, giving organizations the tools to enable quick, data-driven planning and optimize resource allocation at record speeds. However, the rates at which businesses and leadership are strategically transforming their operations are not equal across the board.


Read full article »

Value-Based Care-The Future of Healthcare

Written by LeRoy E. Jones, Founder and CEO, GSI Health

gsi health

In the real world, patient care is not a one-size-fits-all model. Each patient's needs are unique, and the cost to keep patients healthy can vary widely based on medical condition and a variety of non-medical factors such as behavioral issues, economic status, and even living situation.

Read full article »

What's your story?

If you would like to write the cover story for the next edition of PACT Times, please contact Amanda Nardi by October 21st.

Big News for PACT

PACT Launches New Brand Focused on Innovation and Entrepreneurship

Strategy committed to early- and growth-stage technology and healthcare companies throughout the Delaware Valley

We proudly announce the launch of our new brand, laser focused on early- and growth-stage companies in the Greater Philadelphia region along with complimentary drivers of innovation and entrepreneurship.


PACT’s new brand strategy includes a new logo, new print/digital collateral, a refreshed newsletter renamed PACT Times, and a complete website redesign. This marks the first update to PACT’s brand since 2010, when PACT formed through the merger of the Eastern Technology Council and the Mid-Atlantic Capital Alliance. Together with Zer0 to 5ive’s design and LiquidHub’s platform development, PACT unveiled its new website to further engage the community and move the brand forward. By placing PACT members at the forefront, the brand showcases the ever-growing innovation in Philadelphia’s technology and healthcare sectors.

“As we’ve worked through our strategic plan over the last year, it became apparent to PACT’s Board that we also needed to update our image and website to reflect the energy and resources PACT brings to the region,” commented Dean Miller, President and CEO of PACT. “The website acts as a rallying point for community-first information and interaction. The website would not be possible without the hard work of Zero to Five and LiquidHub. Both organizations worked day and night to make PACT’s new brand a reality and we are incredibly thankful to them both.”

PACT is at an inflection point in its own development. The organization continues to commit to producing top quality events that serve to connect the entrepreneurial and capital ecosystems. In addition, as a result of the strategic planning effort, PACT will increasingly look to provide needed services to its entrepreneurial constituents that benefit the entire ecosystem. Access to capital, connections to customers, and executive coaching are three core elements of PACT’s expanded service offerings. IMPACT’s successful Lion’s Den initiative and the recent launch of Mentor Connect are two examples of these offerings that will continue to grow in scale and scope.

PACT’s new brand reflects its updated vision to be the “go-to” resource for technology and healthcare companies throughout the Delaware Valley. The brand’s mark and colors are designed to reflect acceleration, innovation and collaboration with other organizations in the region that are also focused on supporting entrepreneurship and business success. PACT released its new logo and brand vision at the 23rd Annual Enterprise Awards on May 12th in preparation of the brand launch. Take a look at the video showcasing PACT's vision for the Philadelphia region.

Explore PACT's New Website »


IMPACT Entrepreneur Pre-Conference Meetup  

Network with fellow Entrepreneurs and learn more about the IMPACT Conference.

October 25 | 5:30 - 7 p.m.
WeWork Walnut St. | 1430 Walnut St, Philadelphia, PA 19102

Hosted by:



PACT Medtech Event


November 2 | 8:30 - 10:30 a.m.
PLEXUS | 3001 Market Street, Suite 140, Philadelphia, PA 19104

Sponsored by:


saul ewing


PACT Cybersecurity Event

November 15 | 8:30 - 10:30 a.m.
Grant Thornton | 2001 Market St, Philadelphia, PA 19103

Sponsored by:

grant thronton

saul ewing


IMPACT 2016 Capital Conference

Growth Through Disruption

November 29 and 30 | 1 - 9 p.m.
Sheraton Philadelphia Downtown Hotel and The Crystal Tea Room | 201 N 17th Street, Philadelphia, PA 19103

Hosted by:

Grant Thornton


24th Annual Enterprise Awards

Recognizing Achievement in Technology, Healthcare and Investment

May 18 | 5 - 9 p.m.
Pennsylvania Convention Center | Grand Hall and Ballroom

Title Sponsor:

Fairmount Partners

In Partnership with:


Nominate A Company »


12/2 - PACT Technology Executive Roundtable »

12/7 - PACT Digital Health Event »

1/25 - PACT Foundation Breakfast »


Interested in Sponsoring an Event?

Please contact Dianne Strunk for more information.


Boomi outgrows its home

Philadelphia Inquirer

Boomi was a pioneer cloud-computing company, 30 engineers and salespeople in a hillside office north of Berwyn. It sold blue-chip clients like Siemens and JPMorgan its AtomSphere-brand software, uniting and updating email, HR, sales, and inventory, via remote servers, faster and cheaper than on-site systems.

Read full article »

InstaMed Announces $50 Million Investment from Carrick Capital Partners

Capital to Drive the Growth of the InstaMed Network

PHILADELPHIA & NEWPORT BEACH, Calif.--(BUSINESS WIRE)--InstaMed, healthcare's most trusted payments network, today announced a $50 million investment from Carrick Capital Partners, an investment firm jointly based in Newport Beach and San Francisco, CA that focuses on technology-enabled businesses including SaaS, BPO and Transaction Processing.

Read full article »

Rittenhouse Ventures wraps up $18 million Fund II, invests in 4 Philly companies Philly

Big news from the Rittenhouse Ventures today: the Navy Yard-based venture firm closed its second fund. The big number? $18 million of committed capital going to seven companies from D.C. to Connecticut, four of which hail from Center City Philadelphia.

Read full article »


Welcome PACT Members

Advanced Plasma Solutions

Arcweb Technologies

Aspire Bariatrics, Inc.

Balderston Capital LLC

Blank Rome LLP

Comcast Business Services

Conner Strong & Buckelew

Duane Morris, LLP

First Round Capital

Fox Rothschild LLP

Hollister Creative

JM Search

LeoNine LLC

Martinson Ventures

Merrill Corporation

North Beach Associates

ObjectFrontier Software

PernaFrederick, LLC, Inc.


Shock Analytics LLC


viihealth, inc.

Press Releases & News

Data Systems Analysts

Data Systems Analysts, Inc. is Awarded Air Force Contract »

Data Systemns Analysts Awarded DISA National Gateway Center Task Order Recompete »

Dell Boomi

Dell looks inward to integrate its properties post-EMC merger »

Dell Boomi's Salesforce Integration Delivers Critical Visibility and Collaboration for Dell Technologies »

Edison Ventures

Edison Partners Leads Series A Investment in Big Cloud Analytics »

Fox Rothschild

Big Philadelphia law firm announces management transition »

Hollister Creative

DesignPhiladelphia and Hollister Creative hit a "HOME" run »

Intact Vascular

Addressing Post-PTA Dissections with a Unique and Novel Approach »


IntegriChain Adds Philadelphia Tech Veteran Geoffrey Young as Vice President of Engineering »


iPipeline Launches New Data Service Offering to North American Carriers. Data Will Fuel Underwriting, Strategic Planning, and Business Development Decisions »


NIKSUN Unveils its New NikOS Everest - the Future of Intelligence-Driven Data in Motion Analytics »

NIKSUN Receives 5-Star Review from SC Magazine's 2016 Cyberforensics Group Test »

NIKSUN Lends Expertise to New Report Calling for Revolutionary Approach to Cyber Security »

Newmark Grubb Knight Frank

Philadelphia Metro's Office Market is Enjoying a Period of Healthy Balance »

NewSpring Capital

NewSpring Capital Promotes Anne Vazquez to Partner »

Osage Venture Partners

Noodle Partners raises $4 million to help colleges deliver degrees online »


Pamela Strisofsky Appointed to Privakey's Board of Directors »

Privakey Announces the End of Passwords »


Qlik introduces web-based data visualization tool for developers »

Safeguard Scientifics

Payoneer raises $180 million with help from Susquehanna Growth: Moxe Health raises $5.5 million led by Safeguard Scientifics »


Leaders 2020: How strong leadership pays off in the digital economy »

SAP buys startup Plat.One, part of $2B IoT investment »

Thomas Jefferson University

Thomas Jefferson University Hospitals Plans Cognitive Hospital Rooms powered by IBM Watson Internet of Things »


viihealth Announces Acquisition of Argolife, Life Sciences Salesforce Effectiveness Company »

Zynerba Pharmaceuticals

Zynerba Pharmaceuticals Reports Inducement Grant to New Chief Financial Officer »

We thank our Founding Leaders for their commitment and support:



Ben Franklin Technology Partners

Bentley Systems

Comcast Business

Cozen O'Connor

Duane Morris

Evolve IP


Fairmount Partners

Fox Rothschild

Grant Thornton

Independence Blue Cross



Morgan Lewis

NewSpring Capital

Osage Partners

Pepper Hamilton



Safeguard Scientifics 



University City Science Center

University of Pennsylvania


Data Point of the Week with Bob Moore of RJMetrics

Bob Moore

Explore the world around us using data with Bob Moore of RJMetrics

View the Latest Episodes »

PACT Foundation Corner

Donate Today to AWE Ventures

Powered by Ben Franklin

About AWE Ventures
By using an innovative model that draws on crowdfunding and donations, everyone can be involved in supporting women-led ventures. AWE Ventures — Powered by Ben Franklin is built from three major components:

  • A crowd-funded, donation-driven capital pool exclusively in support of women-led startups and emerging enterprises. AWE and Ben Franklin will work together to engage donors in the world of investments in early-stage women-led enterprises. *Ben Franklin will match* contributions up to $250,000 to form a total contribution pool of $500,000, and will manage the process of investment in these companies.
  • Mentorship programs that combine Ben Franklin’s world-class model for due diligence with the experience of the AWE community, to provide hands-on support for entrepreneurs from both organizations’ shared networks of capital, counsel and connections.
  • Events, workshops and published content to empower potential entrepreneurs and investors with stories of success from each organizations’ network of leaders, celebrating the progress of women in entrepreneurship and investing.

Learn more »


Share Your Insights in imPACT Times

We invite you to contribute any insights or expertise you have that show the importance of women-led enterprises or support diversity in innovation for Philadelphia.

If you are interested in learning more or if you would like to donate, please contact Dianne Strunk.


10/18 — Innovation in Healthcare »

10/26 — Cisco Hyperflex Gold Lab »

10/27 — Anexinet Oktoberfest Open House »

10/28 — Hyperconverged & Virtual Workspaces »

10/28 — SHIFT: Accelerating Corporate & Venture Partnerships »

2/14 & 2/15 — CompTIA DC Fly-In »


Philadelphia Alliance for Capital and Technologies (PACT)
200 South Broad Street, Suite 700, Philadelphia, PA 19102  •  (P) 215 790-3800 (F) 215 790-3601