Business
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Conshohocken-Based WealthHub Solutions Raises $1.5M From Local Investor
Conshohocken-based WealthHub Solutions has completed a $1.5 million seed round from investor Richard Vague, managing partner of Gabriel Investments, writes Michelle Caffrey for the Philadelphia Business Journal. The fintech startup is hoping to capitalize on the traction of its product, a workflow software platform aimed at managers of trusts and family offices. WealthHub Solutions CEO…
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Merck’s Fight With Insurers Over Cyber-Attack Could Have Far-Reaching Effects
A fight between Merck, the pharmaceutical giant with an Upper Gwynedd location, and its insurers over a cyber-attack that happened over two years ago could have far-reaching effects, writes Riley Griffin for The Philadelphia Inquirer. In June 2017, Merck was hit by NotPetya, a creation of the GRU – Russia’s military intelligence agency. However, Merck…
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Citadel to Host Job Fair on Dec. 5; Interviews Will Be Given on the Spot
Citadel – the second-largest credit union in Greater Philadelphia with branches in Chester, Lancaster, Delaware, Montgomery, and Bucks counties – will host a job fair on Thursday, Dec. 5 from 4-7 PM at its corporate headquarters located at 520 Eagleview Boulevard in Exton. Attendees will have the opportunity to meet directly with hiring managers and…
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Visionary Tech, Internet Investor Warren “Pete” Musser Dies
Warren “Pete” Musser, the longtime Pennsylvania tech investor and former head of Radnor-based Safeguard Scientifics for nearly half a decade, died on Sunday at 92, writes Joseph N. DiStefano for The Philadelphia Inquirer. Musser passed away in a nursing facility near his Main Line home, where he was recovering from a fall he suffered a…
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Archbishop Wood High School Adds AI to Security Measures That Can Detect If Somebody Is Holding a Weapon
Archbishop Wood High School has added Athena Security’s artificial intelligence software that can detect if someone is holding a weapon to its arsenal of safety and security measures, writes Stephanie Huges for the Marketplace. This is just the latest in a line of security measures implemented recently due to the growing number of school shootings…
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Four Montgomery County Schools Rank Among Top 500 STEM High Schools in Nation
Four Montgomery County schools are among the Top 500 STEM High Schools in the nation for 2020, writes Nancy Cooper for Newsweek. The Hill School in Pottstown ranked highest among Montgomery County schools at No. 142. Harriton Senior High School in Rosemont is next at No. 406, followed by The Haverford School at No. 428.…
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See Which Montgomery County Movers and Shakers Made This Year’s Power 100 List
Five movers and shakers from Montgomery County have found their place on the Philadelphia area’s Power 100, writes Ryan Sharrow for the Philadelphia Business Journal. The list features individuals who possess the influence, respect, skill, and effectiveness that provide them with the power to shape the look and feel of the entire Philadelphia region for…
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PA Student Debt Is Second Highest in the Nation. 2 Legislators Have Started a Coalition to Do Something About it.
Pennsylvania has the dubious honor of having the second highest amount of student debt in the nation, an average of $37,061 per student, writes Ford Turner for The Morning Call. State residents have $68 billion in student debt. Over 10 years, tuition increased 40 percent while higher education state funding dropped 5 percent. “You hear…
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Third Annual Citadel Country Spirit USA to Return to Chester County’s Brandywine Valley
Citadel Country Spirit USA – a spectacular, three-day country music festival – will return to Chester County’s Brandywine Valley from Aug. 28-30, 2020. Ludwig’s Corner Horse Show Grounds, a picturesque, 33-acre site, again sets the scene for the third annual event. Heralded as a Great American Festival Experience, Citadel Country Spirit USA features 20 country…
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Haverford Grad Ronald Perelman Instigated Hostile Takeover Era, But Rules Are Now Changing Once Again
Ron Perelman, a Haverford School graduate, started the era of hostile takeovers with the Revlon acquisition 34 years ago. Now the company is back and with the rules changing again, that era is coming to an end, writes William D. Cohan for the Vanity Fair. Perelman shocked Wall Street and corporate establishments in 1985 when…
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Is Your Culture Driving Business Success?
We highly value our culture and truly believe it drives performance at Univest. We also realize that culture isn’t something that just happens – it has to be defined and cultivated. We firmly believe that an engaged workforce who follows a common set of fundamental behaviors creates success. The Univest Way consists of 18 fundamentals…
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Ambler-Based Phenom People Makes Deloitte Fastest-Growing Companies List
Phenom People, the Ambler-based HR software company, is one of the seven Philadelphia-area companies that made Deloitte’s latest Technology Fast 500 list, writes Kennedy Rose for the Philadelphia Business Journal. The list ranks the fastest-growing technology companies in North America. Their growth rate is based on the percentage of fiscal year revenue growth in the…
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Haverford Middle School Teacher Teams Up With Shark Tank Winner to Create Distracted Driving App
A technology teacher at Haverford Middle School has partnered with a former “Shark Tank” winner to create an app that will help prevent distracted driving, writes Terri Akman for The Philadelphia Inquirer. Nate Wagner and Ryan Frankel designed This App Saves Lives (TASL). It launches Nov. 12. Using the app, you accrue one TASL reward…
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Billion dollar Coworking Office and Lab Campus Planned in King of Prussia
Capitalizing on the burgeoning specialty of life sciences real estate, The Discovery Labs is developing a $1 billion coworking office and lab campus in King of Prussia, writes Greg Isaacson for the Commercial Property Executive. “It’s a really exciting time for investors and developers in the market because of the growth in the market and…
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Collegeville Dental Hygienist Invents Water Flosser Suite For Shower
Lisa Guenst, a dental hygienist from Collegeville, has created ToothShower, an all-in-one water flosser for the shower that is now available for sale on Toothshower.com website and Amazon. The company produced its first ToothShower late last year and has since sold the product in 40 countries, giving it the resources necessary for a global launch.…
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Ambler-Based Narbis Creates Smart Glasses Using NASA Algorithm To Help People Focus Better
Ambler-based Narbis has created smart glasses using a NASA algorithm to help people focus better in this age of multi-tasking, writes Taylor Craig for the Cheddar. The company’s new eyewear can detect when a wearer is distracted and train their brain to remain focused. The recently released glasses currently sell for $590 but will go…
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Blue Bell Software Company Lands 4-Year Department of Defense Contract Worth $214M
Blue Bell-based Unisys continues to grow its federal contracting arm with a new, four-year Department of Defense contract worth up to $214 million, writes Michelle Caffrey for the Philadelphia Business Journal. The software company will upgrade and consolidate tech services for 19 DoD agencies known as “Fourth Estate” organizations. They operate outside the military branches…
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New Year’s Celebration in Lower Merion Leads Couple on Path to Dream Wedding
Keisha Mulugeta-Gordon and Stephen Lenrow started on the path toward their dream wedding at a New Year’s celebration in Lower Merion a little over a decade ago, writes Kellie Patrick Gates for The Philadelphia Inquirer. At the stroke of midnight, Lenrow noticed something interesting about Mulugeta-Gordon’s watch. “My phone was in military time, and Stephen…
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