Article Published: January 20, 2016
Article Published: January 20, 2016
Today, RendrFX embarks on its mission to enable all businesses and consumers to create high-quality, stunning videos with the beta launch of its online video design platform at http://www.rendrfx.com. RendrFX’s technology enables small and mid-size businesses who can’t afford the heavy price tags associated with traditional video production to join the rich media content revolution and engage customers in their native environments. The company’s video platform also enables larger brands and creative agencies to add scale to their video production capabilities and meet the demand for daily entertaining social media content.
Pittsburgh Life Sciences Greenhouse (PLSG), the region’s premier life sciences investment firm, announced today that it wrapped up 2015 with more than $600,000 in new investments, bringing the total direct and indirect investments to-date to $21.3 million committed in 77 companies, leveraging $1.5 billion in additional capital.
“2015 was another very successful year for PLSG, as we made new investments, formed new companies and connected more companies to capital and strategic partners helping new companies get off the ground and current companies move through their growth cycle,” said John W. Manzetti, President and CEO of the PLSG.
Driving continued economic growth in the region, PLSG has created 1,500 jobs, resulting in an additional 10,000 job opportunities. In addition, the organization has helped to bring 128 patient-centric solutions and products to market, with 50 of them receiving regulatory approval.
Other highlights include the PLSG’s for-profit venture capital fund, the PLSG Accelerator Fund, with $12 million in capital under management, and investing in nine companies to-date. In addition, PLSG has attracted a total of 14 companies to the region and has also successfully helped 10 portfolio companies exit with a return of nearly $600 million to investors.
Voci Technologies, the leading provider of hardware-accelerated speech recognition and voice analytics, welcomes a new member to its Board of Directors, Mr. James H. Lesko, former Corporate Vice President of Investor Relations at Xerox Corporation, a household name and worldwide leader in document technology and services. Lesko’s addition brings Voci’s current board membership to five.
“Lesko’s considerable experience running customer contact centers and business operations will be invaluable as we continue to develop our sales and marketing efforts,” says Anthony Gadient, Chief Executive Officer of Voci. “His 42-year tenure with Xerox has given him an inside look into call center operations, product sales management, and customer experience management. We’re very excited to have him join us and we’re eager to see what directions his input will take us.”
“Voci’s impressive speech technologies and its innovative open system approach to voice recognition and analytics are the foundation that Voci needs to become an industry leader,” Lesko says. “It will be a privilege to help Voci grow as a leader in enterprise voice recognition solutions.”
The security of the more than $7 billion in research funded by the National Science Foundation (NSF) will be significantly bolstered, thanks to a $5-million grant awarded to Indiana University, the National Center for Supercomputing Applications (NCSA), the Pittsburgh Supercomputing Center (PSC) and the University of Wisconsin-Madison for a collaborative effort to create the NSF Cybersecurity Center of Excellence.
This funding will establish the Center for Trustworthy Scientific Cyberinfrastructure (CTSC), a three-year-old collaboration between the aforementioned institutions, as the NSF Cybersecurity Center of Excellence, an entity focused on addressing cybersecurity challenges of NSF scientific research.
Ensuring scientific computing remains trustworthy and uncorrupted is essential in protecting the nation’s science. In its role as a Cybersecurity Center of Excellence, the CTSC will provide readily available cybersecurity services tailored to the NSF science community. These resources will include leadership and coordination across organizations, and education and training to expand the pool of available cybersecurity expertise.
AT&T Aspire Mentoring Academy provides 13,834 hours of mentoring to 2,366 students in Pennsylvania
In less than 4 years, AT&T employees provided students with 1 million hours of mentoring, here in Pennsylvania and across the globe. Employee mentors participate in AT&T’s Aspire Mentoring Academy, which was launched in the fall of 2012 with the objective of providing 1 million hours of mentoring to students by its employees before the end of 2016.
Reaching this milestone nearly 1 year early is a testament to the commitment and enthusiasm of AT&T employees. As mentors, employees connect with students to help them discover their passions and potential. The experience has a positive impact on both the adults and students. Watch here.
“At AT&T, our employees give back to their communities in many ways. I’m proud of our employees who give their time and talent to serve as mentors through Aspire Mentoring Academy. They’re helping prepare the next generation of business and technology leaders in Pennsylvania,” said J. Michael Schweder, president, AT&T Mid Atlantic.