More Topics:
Editor's Eye on Philadelphia: The Groove of Academe - NanoHorizons, Panopto Nurtured by Area Universities
Posted January 7, 2011
We Recommend...
By Richard Rabicoff
Two companies featured at citybizlist this week, Bellefonte-based NanoHorizons, Inc. and Pittsburgh's Panopto, Inc. are very different tech companies with one thing in common: Both are heavily indebted to Pennsylvania universities.
NanoHorizons, which raised $2.1 million this week, was founded in 2002 by a team of scientists from The Pennsylvania State University, as part of the Centre County Industrial Development Corporation incubator program.
The company, which makes nanoscale silver additives for the textile and other industries, is led by Chairman and CEO David A. Woodle, a Penn State grad. James Delattre, Ph.D., Vice President, Global Marketing is also a PSU alum. Dennis Siegel, vice president, finance and administration, sports an MBA from the school, as does director Steve Carpenter.
Director Edward M. Frymoyer, PhD., got his doctorate at PSU, while directors Charles C. Pearson and Thomas A. Penn (traitors!), earned their graduate degrees from Wharton and Penn law school, respectively.
Whereas NanoHorizons specializes in the infinitesimal, Panopto, Inc. captures the big picture through its video capture software.
The company, which completed a $3.98 million equity offering this week, was founded in 2007 with technology developed at Carnegie Mellon University.
William L. Guttman, PhD, executive chairman of the board, is also a Special Advisor to the Provost of CMU and is chairman of iCarnegie, the school's for-profit education company. Eric Burns, chief operating officer, invented several software programs and went on to work at Microsoft.
William L. Scherlis, PhD, chief scientist, teaches in CMU's Computer Science Department and founded its software engineering program, while director Mark S. Kamlet, Provost and Executive Vice President of CMU, currently serves as Acting Dean of the Tepper Business School. Finally, director Lawrence Kinsella is also the chief financial officer of iCarnegie.
NanoHorizons and Panopto exemplify the vitality and resourcefulness of our university systems. They could not have existed without the support and resources of academe, nor could they survive and prosper without the continued efforts of the alumni who populate their boards and management teams.
Related citybizlist articles:
NanoHorizons Raises $2.1M - cbl
Panopto Completes $4M Equity Offering - cbl
blog comments powered by