WHICH NEW JERSEY TECH STARTUPS RECEIVED FUNDING IN JUNE 2021?

Peter Verrillo, CEO of Enhatch. Enhatch
was one of the startups that got funding in June [file photo]
| Courtesy Enhatch

 July 26, 2021  Esther Surden

There is more investment listed on this website than most of us in the New Jersey tech community are aware of, and it’s good to see how many startups in the Garden State are receiving backing from angels and venture funds.

Most of these investments come from out-of-state angels, venture funds, family offices, etc. In June, Princeton-based Edison Partners financed learning platform Northpass (Parsippany).

NJTechWeekly.com has decided to publish the angel and VC investment information in tech, healthtech, cleantech and other tech-related companies from the previous month, once a month. This article includes the startup funding for June 2021.

It’s interesting to note that the companies that were funded in June largely moved away from the healthcare field which was dominating investment during the pandemic. Now there seems to be money available for everything from financial marketplaces and sports betting to vehicle smart charging and software development tools.

This is a useful place for entrepreneurs to see which investors are funding companies like theirs, and for them to learn the scope of that funding. For those interested in economic development, remember that these are the companies that will likely be hiring in New Jersey.

All the information, including the listings on biotech and pharma companies, is available on the Angel and VC Investments website, here. As the NJEDA says, the list isn’t meant to be exhaustive.

The listings of the deals are compiled from outside sources, including Pitchbook and Crunchbase, as well as other sources that are available to the public. The NJEDA has marked with an asterisk the companies that it has helped. If we have covered the company’s newest funding round, we’ve added a link.

Company: Attentive
Location: Hoboken, NJ
Sector: Information Technology | Attentive empowers the most innovative brands to create meaningful interactions through personalized text messaging.
Deal Synopsis: Attentive announced on June 24 that it had raised $59 million in venture funding.
Investor(s): Undisclosed
Crunchbase Profile Page: https://www.crunchbase.com/organization/attentive

Company: Sporttrade
Location: Camden, NJ
Sector: Computer Software |Sporttrade offers a financial marketplace for sports betting.
Deal Synopsis: Sporttrade announced on June 22nd that it has raised $36 million.
Investor(s): Techstars, Jump Capital, Impression Ventures, Nasdaq Ventures, Tower Research Capital, LLC.
Crunchbase Profile Page: https://www.crunchbase.com/organization/sporttrade
News Release: https://technical.ly/philly/2021/06/24/sports-betting-sporttrade-raise/ 

Company: IoTecha
Location: Piscataway, NJ
Sector: Information Technologies & Services | IoTecha provides a suite of integrated products for electric vehicle smart charging and powerline communications.
Deal Synopsis: IoTecha announced on June 22nd that it had raised $13.2 million in Series B funding.
Investor(s): BP Ventures, Elitegroup Computer Systems
Crunchbase Profile Page: https://www.crunchbase.com/organization/iotecha-corp
News Release/Article: bp makes $7m investment in electric vehicle charging firm IoTecha – IoTecha

Company: Enhatch
Location: Hoboken, NJ
Sector: Information Technology & Services | Enhatch offer advanced surgical planning tools, patient-matched instrumentation from x-rays, unmatched collaboration platforms, real-time inventory visibility, and the next generation of enabling technology for surgery.
Deal Synopsis: Enhatch announced on June 22nd that it had raised $9 million.
Investor(s): AltaIR Capital, Dreamit Ventures, Floodgate, Social Starts, Newark Venture Partners
Crunchbase Profile Page: https://www.crunchbase.com/organization/enhatch
News Release: https://www.massdevice.com/ortho-surgical-software-firm-enhatch-raises-9m/

Company: Certificial
Location: Jersey City, NJ
Sector: Computer Software | Certificial offers an insurance verification platform that provides customers with the ability to monitor real-time insurance coverage.
Deal Synopsis: Certificial announced on June 8th that it had raised $5.8 million.
Investor(s): Fin Venture Capital, IA Capital Group, Cofounders Capital, Nationwide Ventures, Cameron Ventures
Crunchbase Profile Page: https://www.crunchbase.com/organization/certificial
News Release: https://www.coverager.com/certificial-raises-5-8-million/

Company: Markerr
Location: Hoboken, NJ
Sector: Information Services | Markerr offers a commercial real estate analytics platform that provides insights about people, jobs, spending, and economic trends tied to any location.
Deal Synopsis: Markerr announced on June 16th that it had raised $5 million in Series A funding.
Investor(s): RET Ventures, Continental Realty Corporation, Edward Norton, Twin Shores Capital, Joe Lettween
Crunchbase Profile Page: https://www.crunchbase.com/organization/markerr
News Release: https://www.alleywatch.com/2021/06/markerr-real-estate-intelligence-analytics-platform-economic-demographic-market-brian-lichtenberger/

Company: AtomicJar
Location: Newark, NJ
Sector: Computer Software | Atomic Jar is developing a platform that gives software developers simpler methods for integration testing across the software development lifecycle.
 Deal Synopsis: AtomicJar announced on June 25th that it had raised $4 million in seed funding.
Investor(s): Tribe Capital, Boldstart Ventures, Zane Lackey, Mike Chalfen, Guy Podjarny
Crunchbase Profile Page https://www.crunchbase.com/organization/atomicjar-inc
News Release: https://www.businesswire.com/news/home/20210625005097/en/AtomicJar-Launches-with-4M-Seed-Funding-Round-Led-by-boldstart-ventures

Company: Northpass
Location: Parsippany, NJ
Sector: Computer Software | Northpass offers a learning platform that enables organizations to train employees, customers, and channel partners.
Deal Synopsis: Northpass announced on June 15th that it had raised $4 million in venture funding.
Investor(s): Edison Partners
Crunchbase Profile Page: https://www.crunchbase.com/organization/northpass
News Release: N/A

Company: Calamu Technologies
Location: Clinton, NJ
Sector: Computer Software | Calamu is a cybersecurity startup offering next-gen resilience and near-impenetrable data protection for the enterprise.
Deal Synopsis: Calamu Technologies raised $2.4 million in seed funding on June 22nd.
Investor(s): Dell Technologies Capital
Crunchbase Profile Page: https://www.crunchbase.com/organization/calamu-technologies
News Release: https://www.prnewswire.com/news-releases/dell-technologies-capital-invests-in-calamu-for-next-gen-data-protection-301318538.html

*Company: Poppy Seed Health
Location: Jersey City, NJ
Sector: Healthcare | Poppy Seed Health develops a healthcare platform designed to offer mothers and mothers-to-be access to emotional and mental-health help on-demand. The company’s platform connects users with on-demand text access to doulas, midwives, and nurses for their pregnancy and postpartum-related assistance, thereby enabling women to receive emotional and bodily consolation throughout and after their pregnancy.
Deal Synopsis: Poppy Seed Health announced on June 9th that it has raised $1.6 million of pre-seed funding.
Investor(s): City Light Capital, Metrodora Ventures, Seven Seven Six
Pitchbook Profile Page: https://pitchbook.com/profiles/company/436964-23
News Releasehttps://www.businessinsider.com/poppy-seed-health-launches-app-raises-seed-funding-alexis-ohanian-2021-6#:~:text=The%20company%20is%20releasing%20its,the%20company%20tells%20Insider%20exclusively

 

Company: SlyceData
Location: Red Bank, NJ
Sector: Financial Services | SlyceData develops and operates a financial software designed to accelerate the investment research process by making various financial datasets work seamlessly together. The company’s platform uses a data intelligence engine to automate data ingestion, cross-vendor mapping, data management, organization and data security, thereby enabling clients to focus on their actual research and make informed investment decisions.
Deal Synopsis: On June 29th SlyceData announced the company raised $1 million in equity crowdfunding via Angel Investment Network.
Investor(s): N/A
Pitchbook Profile Page: https://pitchbook.com/profiles/company/469190-26#overview
News Release: https://www.einnews.com/pr_news/545088746/for-immediate-release-startup-technology-services-company-slycedata-corp-completes-inaugural-financing

Company: 911inform
Location: Wall, NJ
Sector:  Information Technology | 911inform develops a notification and security management platform intended to bridge the gap between first-responders and organizations during an emergency situation.
Deal Synopsis: 911inform announced on June 14th that it has raised $550,000 in angel funding.
Investor(s): N/A
Pitchbook Profile Page: https://pitchbook.com/profiles/company/467526-07#overview
News Release: N/A


Company: 
MemoryOS
Location: Somerset, NJ
Sector: Education Technology | MemoryOS is developing innovative gamified e-learning software to help people significantly improve their memory.
Deal Synopsis: MemoryOS announced on June 14th that it had raised $385,000 via Kickstarter.
Investor(s): Bas Godska
Crunchbase Profile Page: https://www.crunchbase.com/organization/encoder-inc
News Release: https://www.finsmes.com/2021/06/memoryos-raises-350k-in-funding.html

Company: Hudson Space Systems
Location: Hoboken, NJ
Sector: Business Products and Services | Provider of microgravity research services intended to accelerate the speed of scientific advancement. The company’s service offerings include frequent sub-orbital launches, bespoke payload integration, end-to-end logistics and reasonable pricing through reusable launch vehicles, thereby enabling small businesses and research groups to flexibly perform microgravity research based on their requirements.
Deal Synopsis: Hudson Space Systems announced on June 7th that it had raised $152,000 in equity crowdfunding.
Investor(s): N/A
Pitchbook Profile Page: https://pitchbook.com/profiles/company/439544-71
News Release: N/A

Company: Doceree
Location: Parsippany, NJ
Sector: Marketing & Advertising | Doceree is a fully integrated programmatic ad exchange for data-driven marketing, exclusively to physicians.
Deal Synopsis: Doceree announced on June 28th that it raised an undisclosed amount of seed funding.
Investor(s): Ajai Joneja, Harsh Gupta, Gaurav Kumar, Debasish Hota
Crunchbase Profile Page: https://www.crunchbase.com/organization/doceree
News Release/Article: https://aithority.com/technology/native-and-programmatic-advertising/doceree-closes-pre-series-a-funding-round/

This post originally appeared in NJ Tech Weekly, Esther Surden, Founder & Publisher. Its republished here with her permission.

FROM ENGLEWOOD CLIFFS, FAST-GROWING OWNBACKUP SECURES CLIENT DATA WORLDWIDE

Sam Gutmann
Sam Gutmann, CEO of OwnBackup | Courtesy OwnBackup

FROM ENGLEWOOD CLIFFS, FAST-GROWING OWNBACKUP SECURES CLIENT DATA WORLDWIDE

Steve Sears

 September 25, 2019  Steve Sears0NewsNJ Tech CompaniesNJ Tech PeopleTech for Business,

Numbers are important to OwnBackup. The company currently houses 80 employees at its headquarters, in Englewood Cliffs (possibly 200 by year’s end), and 150 worldwide.

“We have a large presence still in Tel Aviv, we have an office in London and we have 10 to 15 people scattered across the United States working remotely,” said Sam Gutmann, CEO.

In August, OwnBackup was ranked #102 on the Inc. 5000 list for 2019, and it came in at #2  when NJTechWeekly.com compiled a list of fast-growing NJ tech companies from the Inc.article,

However, as significant as these numbers are — and from Gutmann’s reaction, you know they’re extremely important — what OwnBackup is doing for its steadily increasing clientele is at the forefront of the CEO’s mind.

“We consider it backup 3.0”

Sam Gutmann, CEO of OwnBackup

“We consider it backup 3.0,” said Gutmann. “Cloud to cloud, moving data from one cloud to another. Right now, we focus on the Salesforce ecosystem, the fourth-largest enterprise software company in the world: 180,000 customers.”

How it works

He explained the process. “We generally back up customers that use Salesforce or other applications built on the Force.com platform. When a customer deploys our tool — frankly, it’s a 15-minute set-up process — we almost immediately start backing up all the data they have on the platform. Then what happens, in the event of a data loss, the first thing you need to do is understand what happened. Salesforce or anything built on the cloud now is a giant, relational database. So if you delete 100 accounts, for example, you’re just not affecting those 100 accounts; the contacts, the opportunities and the leads would also be affected. We call this ‘cascade delete.’ Our series of comparison tools allows you to compare any two points in time. And we understand what data records were added, changed or deleted. Once you understand the extent of that data loss, we have tools that will allow you to start recovering the data.”

Recovery time for OwnBackup global clients depends on extent of the data corrupted. “We really want to provide the [100% Software-as-a-Service solution] tools, so you, the client, can understand what exactly was affected in a surgical way, and put the database back together, precisely the way you think it should be,” said Gutmann.

OwnBackup, minus its current name, was started as a part-time project in 2013 in Israel by Gutmann’s friend and colleague, current CTO Ariel Berkman. In mid-2014, Berkman landed a large enterprise customer in the United States, which encouraged the company to think more globally and changed the part-time project into a full-time venture. The latter involved bringing in a management team, and that’s when Gutmann got involved.

Born and raised in Bergen County, Gutmann lived in Manhattan for 10 years, but he’s now back in the New Jersey suburbs. “Frankly, [I] almost always worked in Jersey, even when I lived in the city. I did the reverse-commute.” Though only a stone’s throw from the George Washington Bridge and the business mecca that is Manhattan (and the rest of New York City), office space in his locale is a third as expensive, he said.

“We attract great talent right where we are,”

Sam Gutmann, CEO of OwnBackup

Gutmann and OwnBackup have just moved into a bigger space in Englewood Cliffs, and Gutmann noted that commuting daily to a New Jersey office is easier than crossing the Hudson. “We attract great talent right where we are,” he said, adding that there are two shuttles that transport Gotham residents to the company offices.

The search for talent

OwnBackup is on the lookout for talented folks. “If you’re amazing, and you want to join an amazing fun, fast-growth tech company, we are very, very much hiring,” said Gutmann. He explained that there are currently 39 open positions to fill, including those for account executives, sales development representatives and marketing specialists. “[Bergen County] is a great place. We are one of the fastest-growing tech companies in Bergen County, or perhaps the fastest-growing, and we want to continue to grow here. We look forward to continuing our involvement in the community and to continuing to build a great company.”

Gutmann also stressed that office camaraderie is crucial. “We are very proud of the team we’ve built. Culture is extremely important to us. The two most important things that I do is help hire and attract amazing people and help foster a culture where everyone is working together towards our mission and our vision, but having fun while we do it.”

The absolute number-one challenge? “Hiring amazing people. We have hired slowly and methodically, and there’s a lot of great people out there, but sometimes they take a little time to find. Our growth is certainly dependent on our ability to ramp up the team, and we’ve done a great job at it, but we’ve got a long way to go.”

 Tags: Ariel BerkmanEnglewood CliffsOwnBackupSam GutmannTelAvivPrevious:Panelists Talk About Markets, Runaway Valuations at Princeton Pitchstop EventNext:Marketsmith “Leans In” on Data Science and AI to Drive Marketing Outcomes

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About The Author

Steve Sears

This article originally appeared in NJTechWeekly, and is reposted here with the permission of that site.

COPYRIGHT © 2019 NJ TECH WEEKLY ALL RIGHTS RESERVED

TOP 20 NJ TECH AND TECH-RELATED COMPANIES ON THE INC. 5000 FASTEST GROWING COMPANIES LIST

The OwnBackup team | courtesy OwnBackup

NJ Tech Weekly


TOP 20 NJ TECH AND TECH-RELATED COMPANIES ON THE INC. 5000 FASTEST GROWING COMPANIES LIST


August 15, 2019 Esther Surden 0 Around New Jersey, News, NJ Tech Companies, tech entrepreneurship, Tech for Business, Uncategorized,

Each year, Inc. magazine puts out its list of the 5,000 fastest growing privately held companies in the United States. We looked at the list for 2019 and narrowed it down to the fastest-growing tech and tech-related companies in New Jersey. All of the information here came from the Inc. list or from each company’s own website. The information from Inc. can be found here.

We included some companies that aren’t primarily hardware- or software-oriented. For example, Vydia is a media company, but it developed its own platform, which has been integral to the company’s success.

Company Percent Increase Over the Past 3 Years 2018 Revenue NJ Location What the Company Does
Core Software Technologies 4, 247 $4.6 million Plainsboro Provides embedded, internet-of-things and networking technologies to the banking and healthcare industries.


OwnBackup 3,245 $9.0 million Fort Lee Provides secure and automated cloud-to-cloud backup and restore services. Protects business data from loss and corruption.


Solvix Solutions 2,624 $20.4 million Marlton Markets computer hardware, software and peripherals directly to businesses.


Fusion Recruiting Labs 1,852 $7.7 million Red Bank Builds tools to improve recruitment and hiring processes, for human resources departments in companies of all sizes.


Epion Health 1,599 $4.1 million Hoboken Creates digital connections in the healthcare field. Offers providers ways to improve efficiency, profitability and patient care.


Azure Knowledge 1,288 $19.7 million Piscataway Provides data acquisition and management services, as well as digital-transformation services, for companies creating immersive consumer experiences and high-impact marketing.


Della Infotech 1,166 $4.7 million Hamilton Provides specialized staffing services, focused on the IT, healthcare and manufacturing spaces.
Saligram Systems 704 $5.5 million Plainsboro Helps clients plan investments in technology and design, implement projects and manage critical applications


Vydia 636 $14.2 million Holmdel Operates a platform where musicians and music labels can publish their visual content.


Health Recovery Solutions 538 $6.3 million Hoboken Offers home-care agencies a remote monitoring platform that provides patients with educational videos, care plans and medication reminders.


ClientServer Technology Solutions 467 $3 million Iselin Provides business intelligence, process improvement, quality assurance and software development.


Advanced Computer Solutions Group 428 $3.5 million Mount Laurel Mitigates or intercepts threats to information security; improves network performance; and streamlines, automates and optimizes IT systems.


Penji 420 $2.6 million Camden Provides brands and marketing agencies across the world with unlimited access to graphic design services — for a flat fee. Clients include some of the biggest brands.


Nuvolo 371 $12.2 million Paramus Provides cloud-based software that enables businesses to better manage, protect and maximize the value of their assets.


Visual Computer Solutions 364 $11.1 million Freehold Develops time- and labor-management software for employee scheduling and attendance, personnel management and payroll integration.


About The Author

Esther Surden
Esther is the Founder and Editor in Chief of NJ Tech Weekly. She is a contributor to PhillyEnterpriseTech, and this article is republished here with her permission.

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