News and Announcements

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Continuity Featured in WSJ: More Regulation Leading to More Enforcement Against Community Banks

Enforcement actions against non-compliant community financial institutions rose sharply in the first quarter of 2015, mainly due to increased regulatory oversight as more Dodd-Frank Act rules take effect, and because of an increased emphasis on anti-money laundering violations.

How Businesses are Using Mobile Apps – 2015 Canvas Survey Results

Back in late March, Canvas conducted its 2nd annual survey to better understand this. Check out the slides here for the top 5 most interesting takeaways.

Advanced Practice Strategies, Inc. Adds Summation Health Ventures as Investor

Advanced Practice Strategies, Inc. (APS), provider of an e-learning and talent management platform for clinicians, announced today that Summation Health Ventures (SHV) has joined River Cities Capital Funds and Ascension Ventures in a private investment in APS.

Surgiquest Names Jaime Landman, M.D. Chief Medical Officer

SurgiQuest, Inc., a leading provider of innovative access technologies for minimally invasive surgery (MIS), today announced the appointment of Jaime Landman, M.D. as Chief Medical Director of the Company.

New Forrester Report Urges Brands to Seize the Local Marketing Opportunity

“Now is the time to initiate a local marketing strategy…” That’s a key takeaway from a new report from Forrester Research, “The Local Marketing Opportunity.” In the report, analyst Shar VanBoskirk and researcher Collin Colburn urge marketers to amp up their local marketing in order to achieve benefits such as generating brand awareness and driving customers to brand locations.

Efforts to Improve Population Health Hampered by Lack of Communication among Healthcare Professionals

Hospitals and health systems today face a range of complex challenges as they take on new levels of risk and innovate around different models of care. But a new survey identifies a much more fundamental problem to improving population health – doctors and nurses struggling to get in touch with each other to coordinate care among themselves and with their patients.

Advanced Practice Strategies, Inc. Completes $12M Series C Financing Led by River Cities

Advanced Practice Strategies, Inc. (APS), provider of an e-learning and talent management platform for clinicians, announced today the completion of a $12M Preferred Series C capital raise led by River Cities Capital Funds, a growth equity firm investing in healthcare and IT companies. Incumbent investor Ascension Ventures also participated.

Trax Technologies Announces Majority Investment by Strattam Capital

Trax Technologies, Inc., the provider of a leading global logistics SaaS platform, has announced that Strattam Capital, LLC, a private equity firm focused on core enterprise information technology and services, will take a majority stake in the company. Strattam is investing in partnership with Trax’s current management team, led by Founder and CEO J. Scott Nelson. Strattam […]

Canvas Is On A Hiring Spree Boosted By Growing International Business

Reston, V.A.-based mobile organization and data analysis cloud software company, Canvas, is expanding. Bolstered by major domestic wireless carrier contracts from Verizon and Sprint, along with international giants Singtel, Telstra, CSL and Globe, Canvas has had over 100 percent YoY growth in revenue, clientele and customer interaction for several years, said CEO James Quigley. Canvas’ success in penetrating the high potential global data digitization market, will now enable the startup of 65 employees to grow its staff by 75-85 percent per year for the next 3 years, Quigley told DC Inno.

EndoChoice raises $57 million in equity financing

EndoChoice announced the close of a $57 million financing. Proceeds will go toward continued expansion of sales and marketing efforts of the Fuse Full Spectrum Endoscopy platform.

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