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Welcome to Safeguard Scientifics' Blog, where we share Perspective, Strategy and Insight.

Archive: Array

Healthcare

Plugging the Holes in Healthcare Data Security

Today, it’s rare to go a week without reading a story in the news about hackers finding and/or exploiting security vulnerabilities in a healthcare setting. Usually it involves the theft of patient data records for use in identity theft, where there is clear financial motivation. But it is becoming more common for medical devices themselves to be hacked, either as…

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Corporate

Six for Six: Scott Snyder, PhD.

For the first time in nearly two decades, Safeguard has a chief technology and innovation officer. Being able to seamlessly adapt to changing business climates is the crux of Safeguard’s operation. As evidenced by today’s press release, Dr. Scott Snyder is no stranger to the Greater Philadelphia region’s innovation ecosystem. So, let’s learn more about the owner of this newly envisioned…

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Healthcare

Zipnosis: Empowering health systems to launch their own branded virtual care service lines

To kick-off the new year, we’re excited to announce a new partner company—Zipnosis. Safeguard led Zipnosis’ $17 million Series A financing with participation from Ascension Ventures, a subsidiary of Ascension, the nation’s largest non-profit and Catholic health system; along with existing investors Fairview Health Services, Hyde Park Venture Partners, Arthur Ventures, Waterline Ventures and Omphalos Ventures. Proceeds will be used to expand Zipnosis’…

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Corporate

Safeguard Scientifics joins ic@3401 as its first Sustaining Member

A number of developments in University City’s startup ecosystem are aligning—all to the benefit of Philadelphia’s burgeoning community of entrepreneurs. Drexel University and Ben Franklin Technology Partners of Southeastern Pennsylvania are teaming up to create a $10 million early stage seed fund that will support spin-off companies from the University. Concurrent with the launch of the new fund, Ben Franklin…

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Technology

Cask: Accelerating the development and deployment of production Hadoop applications

Data volumes are multiplying at an astronomical rate, making Hadoop—the industry standard open source software framework for large-scale data applications—an exceptionally fast growing market. Cask Data, Inc. is the open source software company that helps developers deliver enterprise-class Apache® HadoopTM solutions more quickly and effectively. Yesterday, we announced that Safeguard led a $20 million Series B financing for Cask, having deployed…

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