Through Univa’s Grid Engine unique and scalable solution, Archimedes was able to operate its Hadoop application on its current compute infrastructure, without the need to add additional resources or hardware, reducing operational costs by 50%.
invivodata recognized by the Pittsburgh Technology Council’s 2012 Tech 50 Awards as the Life Sciences Company of the Year.
Indianapolis-based medical device maker NICO Corporation has reached the $20 million mark in funds raised since 2008, recently adding $6.5 million from existing shareholders and Board members.
ABT Molecular Imaging, a medical imaging company, has raised $6 million from River Cities Capital (which led the round), Mountain Group Capital, and Intersouth Partners. Rik Vandevenne of River Cities will join the company’s board.
Acquisition is expected to more than double Tornier’s lower extremity revenue. The transaction will bring innovative technologies, high growth, and strong margins.
ERT acquires invivodata to establish the industry’s most experienced provider of clinical outcome assessment solutions.
KnowledgeTree, a company that does business-specific cloud-based document management, has just taken a $4.75 million round of funding from a collection of East Coast and international VCs.
River Cities Capital Funds sells Galaxy Associates, Inc. to DuBois Chemicals, Inc., a portfolio company of The Riverside Company.
Norwest Venture Partners and Sandbox Industries are sponsors of Nashville Capital Network.
Record sales powers company into 2012.