November 20, 2013

PaaS vendor Apprenda gets boost with $16M Series C financing

For sixty years, Safeguard has been supporting entrepreneurs and funding innovations that have had a transformative impact on our lives. Today, we continued that tradition by announcing that we led a $16 million Series C financing round for Apprenda, the leading enterprise Platform as a Service (PaaS) powering the next generation of enterprise software development in [...]

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November 18, 2013

The Role of the Board in the IPO Process

Recently IPO or looking to go public in the next 12-18 months? Then you don’t want to miss the Pre- and Post-IPO Board Forum, hosted by NYSE Governance Services, Corporate Board Member, on Wednesday, December 11, 2013 at the offices of PwC, 3 Embarcadero Center, San Francisco, CA.
This Board Forum is targeting newly listed public companies, [...]

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November 13, 2013

30 percent of Safeguard’s Partner Companies Ranked on the Deloitte Technology Fast 500

The numbers are in. And we’re excited to announce that six of Safeguard’s partner companies have been named to the Deloitte Technology Fast 500TMList for 2013.
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies—both public and private—in North America. Technology Fast [...]

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October 24, 2013

RECAP: Safeguard Scientifics Third Quarter 2013 Financial Results

Safeguard announced third quarter 2013 financial results and reiterated increased aggregate partner company revenue guidance for 2013 to a range of $285 million to $295 million, up from initial revenue guidance of $250 million to $270 million. This represents an increase of 44% to 49% as compared to $197.3 million in 2012.
We are enthusiastic about the performance of our partner [...]

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October 7, 2013

Safeguard Increases Aggregate Partner Company Revenue Guidance for 2013

Safeguard announced that it has increased 2013 aggregate partner company revenue guidance to a range of $285 million to $295 million, up from its initial revenue guidance of $250 million to $270 million. This represents an increase of 44% to 49% as compared to $197.3 million in 2012. Results for Safeguard partner companies are reported [...]

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October 7, 2013

Safeguard Announces Final Agenda and Webcast for Investor Day 2013

Safeguard announced the final agenda and webcast information for Investor Day 2013. The event will be held at the New York Stock Exchange tomorrow, October 8, 2013 from 8:00 a.m. to 11:45 a.m. EDT.
8:00 a.m. — Registration and Breakfast
8:30 a.m. — Opening Remarks

Stephen T. Zarrilli, President and CEO, Safeguard

8:45 a.m. — Specialty Pharmaceuticals

Putney, Inc.

9:05 a.m. [...]

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September 25, 2013

Why the Rocket Fuel IPO is good news for MediaMath

Shares of Rocket Fuel (NASDAQ: FUEL) literally took off on its first day as a publicly traded company. After pricing at the high end of the expected $27 to $29 range, shares more than doubled during Friday’s trading, reaching $62.40 before closing at $56.10, a jump of 93% over the IPO price.
At the closing price on the first [...]

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September 20, 2013

Forever Young: Safeguard celebrates its 60th birthday with an enduring spirit of entrepreneurship

In 1953, the average cost of a new home was $9,550. Gas was 20 cents a gallon, and the average annual wage was $4,000. The term “venture capitalist” was as foreign to the public as the “Internet.”
That didn’t stop Pete Musser and Frank Diamond from starting Lancaster Corporation on Sept. 11, 1953 to “engage directly [...]

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September 17, 2013

4 reasons entrepreneurship is crucial to a middle school education

CEO of Campus Apartments and this year’s 2013 NFTE Philadelphia Visionary Gala honoree, David Adelman started early. At age 13, he invested his Bar Mitzvah money in a property in Philadelphia, and by age 25, he took over Campus Apartments, functioning as CEO ever since. And he’s not alone. In fact, many entrepreneurs working today [...]

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July 26, 2013

RECAP: Safeguard Scientifics Second Quarter 2013 Financial Results

Safeguard’s partner companies remain on track to achieve growth and operating, financial and strategic milestones. As a result, Safeguard reiterated aggregate partner company revenue guidance for 2013 to be between $250 million and $270 million.
Although the M&A market remains a little spotty, by focusing on Safeguard’s core business in the near-term, we are confident that [...]

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July 24, 2013

Why VC Interest in Biotechnology Companies Jumped in the Second Quarter of 2013

The second quarter 2013 NVCA numbers came in, and while capital deployments in medical device companies declined 1 percent in both dollars and deals from the first quarter, deployments in biotechnology companies surged 41 percent in dollars and 4 percent in total deals over the same period.
Why were venture capitalists more willing to deploy capital [...]

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