NJEDA

NJEDA is a government entity assisting and giving access to capital, including tax-exempt and taxable bond financing. It also offers loans, loan guarantees, and business and tax incentives. In addition, it offers real estate development assistance and technology facilities. In 1974, John Smith established it in Trenton, New Jersey.

Kamran Hashmi

Managing Director-Product Operations

Clark Smith

Director - Innovation Programs

Past deals in New Jersey

Community FoodBank of New Jersey

Grant in 2024
Community FoodBank of New Jersey packages food orders for local soup kitchens and food pantries, purchases and collects food for distribution, and helps people in need through SNAP application assistance. It is an anti-hunger and anti-poverty organization.

TLA Innovation

Grant in 2024
TLA Innovation develops solutions faced by individuals and enterprises for the cybersecurity, privacy, and regulatory industries. It was founded in 2020 and is headquartered in Paramus, New Jersey.

VipHomeLink

Grant in 2024
VipHomeLink develops a digital platform that simplifies homeownership by providing tailored home maintenance reminders, expert advice, and tools for tracking renovations and creating home inventories. Launched in 2018, the company partners with insurance carriers to enhance customer engagement and reduce claims through proactive maintenance.

Jersey City Redevelopment Agency

Grant in 2024
Jersey City Redevelopment Agency provides facilitation, site assemblage, clearance, environmental remediation, and developer selection for residential, commercial, and industrial real estate projects. The agency also offers guiding principles to improve life, economy, housing, building, and viable partnerships with the community.

Citius Pharmaceuticals

Grant in 2024
Citius Pharmaceuticals develops and commercializes critical care products, focusing on anti-infectives, cancer care, and stem cell therapies. Its primary product candidates include Mino-Lok for catheter-related infections, Mino-Wrap for tissue expander infections, Halo-Lido for hemorrhoid relief, and NoveCite for acute respiratory disease syndrome.

Newark Alliance

Grant in 2023
Newark Alliance is a non-profit organization focused on driving economic growth and revitalization in Newark, New Jersey. It operates a coalition of the city's major institutions, fostering strategic partnerships and collaborative initiatives across sectors such as business, education, healthcare, and government. The organization aims to create jobs, stimulate economic development, and support community renewal, ultimately promoting inclusive growth for Newark and its residents.

1Huddle

Venture Round in 2023
1Huddle, Inc. is a global provider of staff training and consulting services, specializing in an interactive, cloud-based training platform designed to enhance employee onboarding and skills development. Founded in 2010 and headquartered in Newark, New Jersey, the company transforms traditional training materials into competitive mobile games, allowing employees to engage with content anytime and anywhere. 1Huddle serves a diverse range of sectors, including professional sports, education, health and fitness, finance, and retail, among others. The platform boasts over 70 paying clients and more than 20,000 users, with a vast library of 5 million game questions. By incorporating gamification into training programs, 1Huddle aims to improve employee engagement and performance, positioning itself as a leader in innovative workforce development solutions.

SunRay Scientific

Grant in 2023
Founded in 1998, SunRay Scientific specializes in manufacturing advanced materials, primarily conductive adhesives. These products enable high throughput processes in flexible electronics assembly, catering to industries such as healthcare, military defense, and energy.

New Jersey Environmental Justice Alliance

Grant in 2023
The New Jersey Environmental Justice Alliance is a coalition of organizations and individuals who are dedicated to identifying, preventing, reducing, and/or eliminating environmental injustices that affect low-income communities of color. NJEJA supports local efforts to restore and rebuild devastated neighborhoods utilizing the community's vision for improvement.

Apex Solutions Foundation

Grant in 2023
The APEX Foundation is a non-profit organization with the State of New Jersey and the Federal Government. Apex Solutions Foundation focuses on workforce development micro-grants for Train-To-Hire Cohorts; and scholarships for students attending junior colleges, as well as traditional college students who have an interest in entrepreneurship.

Camden County Technical Schools

Grant in 2023
At Technical Institute of Camden County in Sicklerville, New Jersey, high school students can receive career training, an academic education and high school credit. The institute also provides a range of services, including assessment and counseling, to prepare students for the workforce or community college transfer. Technical Institute of Camden County offers vocational programs through several distinctive academies. The institute’s academies include: * Information Technology * Medical Arts * Music * Performing Arts Technical Institute students also receive a comprehensive education that encompasses courses in: * English * Math * Social Sciences * World Languages Students earn their high school diploma and may even receive college credit. Those who wish to transfer to a community college may receive transfer counseling and assessment. Students at the institute may also benefit from vocational assessment, personal counseling and childcare. Admissions requirements include submission of an application, a report card or transcript and standardized test scores. For information about possible course fees, contact a school representative.

Camden County College

Grant in 2023
For a high-quality educational experience at one of the nation’s fastest growing community colleges, you should consider the Camden County College in Camden, New Jersey. The Office of Student Life and Activities makes sure students have numerous resources and opportunities for an enriching, well-rounded education. Students may take organized bus trips to events like the Feast of San Gennaro in New York City or participate in campus activities and celebrations like barbecues, multicultural events and socials. Students also have easy access to wide variety of clubs and organizations, the school’s radio station, student government and opportunities to work for the campus press. Academics include more than 100 associate’s degrees and certificate programs. Associate’s degrees are designed to provide students with solid foundational knowledge to transfer to four-year programs. Some degrees include Business Management and Law, Medical Laboratory Technology and Sociology. Certificate programs are offered in Allied Health, Computer Training and more. Admissions are open. Any student who has earned a high school diploma or GED and is at least 18 years of age has the opportunity to enroll. Tuition differs slightly among students, depending on residency. The cost is lower for Camden County residents. Out of county and out-of-state students pay the same rate, while international students must pay more. Students who file a FAFSA and submit an authorization and certification form will be considered to receive financial aid through the Hope scholarship, other institutional scholarships, federal and state grants and student loans.

Bezwada Biomedical

Grant in 2023
Bezwada Biomedical is a medical company that specializes in biomedical absorbable polymers. The company was established in 2003 and is based in Hillsborough, New Jersey.

Innovative AI Technology

Grant in 2023
Innovative AI Technology offers a platform that serves as a springboard for NJIT graduates' creative ideas.

SingletO2 Therapeutics

Grant in 2023
SingletO2 Therapeutics, established in 2015 and based in New Providence, New Jersey, focuses on developing innovative treatments for periodontal disease. The company leverages the potent bacteria-killing properties of singlet oxygen to create therapies that can address advanced stages of the disease without the need for surgical intervention.

Palatin Technologies

Grant in 2023
Palatin Technologies is a biopharmaceutical company focused on developing targeted, receptor-specific peptide therapeutics. Its work centers on modulating melanocortin receptor and natriuretic peptide receptor systems to treat diseases with unmet medical needs and commercial potential. The lead product is Vyleesi for premenopausal women with acquired, generalized hypoactive sexual desire disorder. The company is developing several additional candidates, including PL8177 (oral and systemic) targeting inflammatory and ocular conditions, such as non-infectious uveitis and dry eye disease; PL9643, a multi-receptor melanocortin agonist for ocular inflammation; PL3994, an NPR-A agonist for cardiovascular indications; and PL5028, a dual NPR-A/NPR-C agonist for cardiovascular and fibrotic diseases. It also explores indications in obesity, erectile dysfunction, pulmonary diseases, and other inflammatory conditions, leveraging melanocortin pathways to modulate inflammation and healing.

Citius Pharmaceuticals

Post in 2022
Citius Pharmaceuticals develops and commercializes critical care products, focusing on anti-infectives, cancer care, and stem cell therapies. Its primary product candidates include Mino-Lok for catheter-related infections, Mino-Wrap for tissue expander infections, Halo-Lido for hemorrhoid relief, and NoveCite for acute respiratory disease syndrome.

Soligenix

Post in 2022
Soligenix, Inc., a late-stage biopharmaceutical company based in Princeton, New Jersey, focuses on developing and commercializing treatments for rare diseases and serious side effects of cancer therapies, where there is an unmet medical need. The company operates through two segments: Specialized BioTherapeutics and Public Health Solutions. The Specialized BioTherapeutics segment develops therapies such as SGX301 for cutaneous T-cell lymphoma, SGX942 for oral mucositis in head and neck cancer, and proprietary formulations of oral beclomethasone for gastrointestinal disorders. The Public Health Solutions segment works on biodefense vaccines and therapeutics, including RiVax, a ricin toxin vaccine, and SGX943, a therapeutic candidate for antibiotic-resistant and emerging infectious diseases.

Arke Aeronautics

Grant in 2022
Arke Aeronautics develops drone software back-end and cloud-based technology for first responders, providing 360-degree situational awareness by streaming live aerial video to smartphones. The company offers a situational intelligence platform that integrates proprietary software with commercial-grade unmanned aircraft systems to enable first responders to make informed command decisions before arriving on scene. Founded in 2017, Arke Aeronautics is based in New Jersey.

SingletO2 Therapeutics

Grant in 2022
SingletO2 Therapeutics, established in 2015 and based in New Providence, New Jersey, focuses on developing innovative treatments for periodontal disease. The company leverages the potent bacteria-killing properties of singlet oxygen to create therapies that can address advanced stages of the disease without the need for surgical intervention.

DMK Pharmaceuticals

Grant in 2022
DMK Pharmaceuticals, Inc. is a pharmaceutical company founded in 2016 and located in Gladstone, New Jersey. The company specializes in developing innovative therapies for the treatment of moderate to severe pain, focusing on mixed opioid receptor agonists. One of its key products is DPI-125, a non-addictive analgesic designed to address opioid abuse while providing effective pain relief. DMK Pharmaceuticals aims to assist patients managing central nervous system disorders, enabling them to regain control over their lives from chronic pain, addiction, Parkinson's disease, depression, and related health challenges.

NeuroTechR3

Grant in 2022
NeuroTechR3 is a biomedical device and digital health start-up focused on developing affordable rehabilitation technologies aimed at enhancing upper extremity function in individuals affected by brain injuries, such as stroke and cerebral palsy. The company's flagship innovation, R3THATM, leverages machine learning-driven cloud technology and exergames tailored to promote neuroplasticity, incorporating motion tracking, analytics, and real-time biofeedback. Founded in 2020 by four women as a spinout from the New Jersey Institute of Technology and Rutgers School of Health Professions, NeuroTechR3 is committed to transforming the rehabilitation industry into a proactive, patient-centered process. The company operates from locations in Newark, NJ, and Philadelphia, PA, and has established partnerships with rehabilitation hospitals, outpatient centers, and therapists. With its expertise in biomedical engineering and computer science, the team is equipped to adapt swiftly to industry needs, aiming to provide sustainable and accessible rehabilitation solutions for individuals with various impairments. Through the advancement of rehabilitation devices and machine learning technology, NeuroTechR3 seeks to make a significant positive impact on global health outcomes.

Soligenix

Grant in 2022
Soligenix, Inc., a late-stage biopharmaceutical company based in Princeton, New Jersey, focuses on developing and commercializing treatments for rare diseases and serious side effects of cancer therapies, where there is an unmet medical need. The company operates through two segments: Specialized BioTherapeutics and Public Health Solutions. The Specialized BioTherapeutics segment develops therapies such as SGX301 for cutaneous T-cell lymphoma, SGX942 for oral mucositis in head and neck cancer, and proprietary formulations of oral beclomethasone for gastrointestinal disorders. The Public Health Solutions segment works on biodefense vaccines and therapeutics, including RiVax, a ricin toxin vaccine, and SGX943, a therapeutic candidate for antibiotic-resistant and emerging infectious diseases.

NeuroTechR3

Grant in 2022
NeuroTechR3 is a biomedical device and digital health start-up focused on developing affordable rehabilitation technologies aimed at enhancing upper extremity function in individuals affected by brain injuries, such as stroke and cerebral palsy. The company's flagship innovation, R3THATM, leverages machine learning-driven cloud technology and exergames tailored to promote neuroplasticity, incorporating motion tracking, analytics, and real-time biofeedback. Founded in 2020 by four women as a spinout from the New Jersey Institute of Technology and Rutgers School of Health Professions, NeuroTechR3 is committed to transforming the rehabilitation industry into a proactive, patient-centered process. The company operates from locations in Newark, NJ, and Philadelphia, PA, and has established partnerships with rehabilitation hospitals, outpatient centers, and therapists. With its expertise in biomedical engineering and computer science, the team is equipped to adapt swiftly to industry needs, aiming to provide sustainable and accessible rehabilitation solutions for individuals with various impairments. Through the advancement of rehabilitation devices and machine learning technology, NeuroTechR3 seeks to make a significant positive impact on global health outcomes.

Soligenix

Grant in 2021
Soligenix, Inc., a late-stage biopharmaceutical company based in Princeton, New Jersey, focuses on developing and commercializing treatments for rare diseases and serious side effects of cancer therapies, where there is an unmet medical need. The company operates through two segments: Specialized BioTherapeutics and Public Health Solutions. The Specialized BioTherapeutics segment develops therapies such as SGX301 for cutaneous T-cell lymphoma, SGX942 for oral mucositis in head and neck cancer, and proprietary formulations of oral beclomethasone for gastrointestinal disorders. The Public Health Solutions segment works on biodefense vaccines and therapeutics, including RiVax, a ricin toxin vaccine, and SGX943, a therapeutic candidate for antibiotic-resistant and emerging infectious diseases.

Soligenix

Grant in 2020
Soligenix, Inc., a late-stage biopharmaceutical company based in Princeton, New Jersey, focuses on developing and commercializing treatments for rare diseases and serious side effects of cancer therapies, where there is an unmet medical need. The company operates through two segments: Specialized BioTherapeutics and Public Health Solutions. The Specialized BioTherapeutics segment develops therapies such as SGX301 for cutaneous T-cell lymphoma, SGX942 for oral mucositis in head and neck cancer, and proprietary formulations of oral beclomethasone for gastrointestinal disorders. The Public Health Solutions segment works on biodefense vaccines and therapeutics, including RiVax, a ricin toxin vaccine, and SGX943, a therapeutic candidate for antibiotic-resistant and emerging infectious diseases.

Admera Health

Series A in 2016
Admera Health, LLC is a molecular diagnostics company based in South Plainfield, New Jersey, specializing in personalized medicine and non-invasive cancer testing. Founded in 2012, the company operates a laboratory that develops, validates, and delivers proprietary laboratory-developed tests. Admera Health offers a range of services, including PGxOne, a pharmacogenomics test that assesses patient responses to drug therapy based on genetic makeup, and DNA sequencing for analyzing mutations in EGFR and KRAS. Additionally, it provides tests to evaluate risks for inherited health conditions such as high cholesterol and diabetes. The company's product pipeline includes the OncoGxOne cancer panel, which identifies genomic variations related to cancer, and FloraCheck, which analyzes microbiome composition for health management. Utilizing advanced genomic technologies and bioinformatics, Admera Health aims to enhance disease screening, diagnosis, and treatment, ultimately improving health outcomes for patients and supporting healthcare providers and researchers.

Phone.com

Venture Round in 2015
Phone.com, Inc. is a cloud-based communications platform that specializes in voice over Internet protocol (VoIP) services tailored for entrepreneurs, home offices, small businesses, and individuals. Founded in 2007 and headquartered in Newark, New Jersey, the company also has offices in San Diego, San Francisco, and New York. Phone.com offers a comprehensive range of products, including IP phones, analog telephone adapters, and mobile and desktop applications. Its services encompass advanced call handling, conferencing, call recording, group messaging, text messaging, and fax capabilities. Designed to meet the needs of various industries such as retail, technology, and health, Phone.com provides a modern, work-from-anywhere solution that combines mobility with professional communication tools. Its platform supports both physical and mobile devices, allowing users to manage their communications seamlessly through a web-based administration panel. With a commitment to customer support, Phone.com offers 24/7 assistance from a bilingual team, ensuring that businesses can effectively connect with their customers and partners.

Phone.com

Venture Round in 2013
Phone.com, Inc. is a cloud-based communications platform that specializes in voice over Internet protocol (VoIP) services tailored for entrepreneurs, home offices, small businesses, and individuals. Founded in 2007 and headquartered in Newark, New Jersey, the company also has offices in San Diego, San Francisco, and New York. Phone.com offers a comprehensive range of products, including IP phones, analog telephone adapters, and mobile and desktop applications. Its services encompass advanced call handling, conferencing, call recording, group messaging, text messaging, and fax capabilities. Designed to meet the needs of various industries such as retail, technology, and health, Phone.com provides a modern, work-from-anywhere solution that combines mobility with professional communication tools. Its platform supports both physical and mobile devices, allowing users to manage their communications seamlessly through a web-based administration panel. With a commitment to customer support, Phone.com offers 24/7 assistance from a bilingual team, ensuring that businesses can effectively connect with their customers and partners.

TerraCycle

Venture Round in 2010
TerraCycle specializes in recycling non-recyclable waste materials. It collects and repurposes items such as chip bags, drink pouches, and toothbrushes to manufacture a wide range of consumer products including bags, garden supplies, gifts, home goods, office products, pet accessories, school supplies, and toys.

Edge Therapeutics

Seed Round in 2010
Edge Therapeutics is a clinical-stage biotechnology company based in Berkeley Heights, New Jersey, focused on developing innovative therapies for acute, life-threatening neurological conditions. Established in 2009, the company aims to transform treatment paradigms in hospital settings through its proprietary platform, Precisa, which facilitates the creation of polymer-based therapeutics designed for targeted delivery to injury sites. The lead product candidate, EG-1962, is currently undergoing evaluation in the Phase 3 NEWTON 2 study, aimed at improving outcomes for patients suffering from aneurysmal subarachnoid hemorrhage (aSAH). Additionally, Edge is assessing EG-1964 as a potential prophylactic treatment for chronic subdural hematoma, aimed at preventing recurrent bleeding on the brain's surface. Through these efforts, Edge Therapeutics seeks to address serious unmet medical needs in the field of neurology.

3D Biotek

Venture Round in 2010
3D Biotek LLC, based in New Jersey, USA, specializes in biotechnology, particularly in the research and development of innovative 3-dimensional cell culture devices. The company employs its proprietary Precision 3D Micro-Fabrication Technology and Advanced Bio-Manufacturing Technology to create custom 3D porous scaffolds for stem cell/tissue engineering and drug discovery applications. Additionally, they offer contract services for fabricating biomedical devices, lab work, and manufacturing solutions, aiming to streamline therapeutic and pharmaceutical product development processes by reducing costs and accelerating time-to-market.

Alphion

Venture Round in 2010
Alphion Corporation is a manufacturer of broadband solutions designed for businesses and communities, specializing in optical fiber-to-the-premises (FTTP) access systems, subsystems, and integrated photonic devices. Established in 2000 and headquartered in Princeton Junction, New Jersey, the company develops a comprehensive portfolio of products targeted at the rapidly growing FTTx market. Its offerings include GPON products suitable for diverse deployment environments, ranging from luxury developments to remote villages, and cater to various clients, including national service providers, local telecom operators, private cable operators, community networks, and enterprises. Alphion's solutions are crafted to facilitate the delivery of reliable and affordable broadband services, thereby enhancing connectivity across different sectors.

TimeSight Systems

Venture Round in 2009
TimeSight Systems Inc. specializes in video lifecycle management solutions tailored for the high-resolution video surveillance market. Founded in 2008 and located in Mount Laurel, New Jersey, the company provides a range of products, including network video recorders and surveillance appliances designed for various environments such as offices, small businesses, and enterprises. Its flagship offering, the TimeSight Video Lifecycle Management solution, automates video management processes, allowing organizations to enhance image resolution and frame rates while optimizing storage efficiency. The company’s technology focuses on compressing and managing video data over time, ensuring that storage needs are minimized as footage ages and becomes less critical. TimeSight Systems Inc. aims to simplify video surveillance operations, making them more cost-effective and less complex for users.

X-Factor Communications Holdings

Venture Round in 2009
X-Factor Communications Holdings, Inc. is a provider of interactive digital media network software and services based in Lyndhurst, New Jersey. The company specializes in delivering comprehensive solutions that facilitate the management and distribution of digital content across various IP-connected devices. Its flagship application, the Digital Screen Control Portal, enables real-time communications for emergency notifications and rich informational content. Additionally, X-Factor offers platforms for corporate communications and marketing, as well as a range of multimedia services including digital media application development, live event production, and webcasting. The company serves diverse sectors such as healthcare, education, transportation, advertising, and finance, focusing on delivering reliable and scalable solutions that can adapt to the evolving needs of its clients. Founded in 2005 and previously known as Organic Spice Imports, Inc., X-Factor Communications Holdings has established itself as a key player in the digital media landscape.

Princeton Power Systems

Venture Round in 2009
Princeton Power Systems, Inc. is a New Jersey-based manufacturer specializing in advanced power conversion products and alternative energy systems. Established in 2001, the company designs and produces a range of technologies for energy management, micro-grid operations, and electric vehicle charging. Its product offerings include demand response inverters, grid-tied inverters, energy storage systems, and variable speed drives, all of which are UL and CE certified. Princeton Power Systems also provides comprehensive engineering and system design services, along with certified testing lab services. The company's solutions are utilized in various applications, including solar energy integration, microgrid development, and renewable energy support, demonstrating significant fuel consumption reductions in generator-integrated systems. With a commitment to manufacturing in the USA, its products are deployed across North America, Europe, Asia, and the Caribbean, with plans for expansion into Africa.

BlueNog

Venture Round in 2009
Bluenog Corporation is an enterprise software and solutions company based in Somerset, New Jersey, founded in 2006. It specializes in providing information technology services focused on Oracle technologies, with expertise in areas such as service-oriented architecture, information management, content management, and business intelligence. Bluenog offers a range of services, including implementation and support, and serves various industries, including healthcare, finance, retail, and telecommunications. The company develops software designed to connect front-end systems with back-end applications, enhancing operational efficiency and facilitating seamless integration with third-party applications. By leveraging Web 2.0 technologies, Bluenog accelerates enterprise application development and fosters collaboration within organizations.

Urovalve

Venture Round in 2009
Urovalve, Inc. is a privately held company located in the Enterprise Development Center at New Jersey Institute of Technology (NJIT) in Newark, New Jersey. The company develops superior medical devices to address problems associated with urinary flow and control.

Biopticon

Venture Round in 2009
Biopticon Corporation is a developer, manufacturer, and marketer of advanced measurement and data management systems tailored for pre-clinical animal studies in the fields of oncology and arthritis. Founded in 2003 and based in Camden, New Jersey, the company provides innovative solutions that enhance the efficiency and effectiveness of drug development processes. Biopticon's product lineup includes TumorManager, a comprehensive program for managing various aspects of subcutaneous xenograft tumor studies, TumorImager, a device for measuring tumor sizes in mice and rats, and PawManager, which focuses on rodent paw volume data management. These tools enable researchers from pharmaceutical companies, academic institutions, clinical research organizations, and biotechnology firms to achieve accurate results and optimize the cost-effectiveness of their pre-clinical testing.

SterraClimb

Venture Round in 2008
SterraClimb LLC, founded in 2005 and based in Princeton, New Jersey, specializes in the development and commercialization of robotic load transport equipment. The company is renowned for its flagship product, the SterraClimb Industrial, which is the first robotic motorized stair-climbing hand truck designed to intelligently navigate stairs while carrying heavy loads. This innovation aims to enhance delivery safety and efficiency across various industries, including package shipping, moving, and beverage distribution, while significantly reducing the risk of worker injuries associated with heavy lifting. In addition to its industrial applications, SterraClimb offers a consumer model that caters to the growing demographic of baby boomers seeking solutions to facilitate daily tasks and prevent health issues related to lifting. SterraClimb's technology is poised to transform logistics and delivery operations, providing valuable solutions for both businesses and individual consumers.

Elanti Systems

Venture Round in 2008
Elanti Systems is a prominent innovator in service experience management and intelligent routing solutions, dedicated to helping service providers fulfill customer expectations. Originating from a technology spin-out of Telstra Corporation, Australia's largest telecommunications carrier, the company leverages over 600 years of combined expertise in the telecommunications software and service provider sectors. Elanti's software enables telecommunications carriers to offer integrated service management tools for their Internet Protocol VPN customers, enhancing their ability to visualize customer service and streamline operations. The company's headquarters are situated in Somerset, New Jersey.

VPIsystems

Venture Round in 2008
VPIsystems, originally established as VPI Virtual Photonics in 1997, specializes in developing and marketing network planning software and services tailored for the telecommunications industry, both in the United States and globally. The company's offerings include Photonic Design Automation, which aids in the modeling and optimization of photonic components and subsystems, and OnePlan, an integrated system that facilitates the design and implementation of transitions to IP-based networks for communications service providers, systems integrators, and manufacturers. VPIsystems aims to enhance the efficiency of network planning and engineering processes through predictive network analytics and comprehensive data integration, thereby improving network reliability and supporting informed technology decisions. The company maintains strategic partnerships with prominent firms such as Accenture and HP and is headquartered in Holmdel, New Jersey, with additional offices across Europe, Asia, and Australia. In July 2001, the company rebranded itself as VPIsystems, Inc.

Nistica

Series B in 2008
Nistica, Inc. is a developer and manufacturer of optical networking modules focused on delivering high-bandwidth applications. Established in January 2005 and headquartered in Bridgewater, New Jersey, the company specializes in agile optical modules designed for optical system original equipment manufacturers globally. Nistica's product offerings include reconfigurable optical add/drop multiplexer (ROADM) subsystems, low port-count wavelength selective switch modules, and high port-count series products. These solutions facilitate flexible channel plans and dynamic power equalization, enabling users to customize channel spacing. Additionally, Nistica provides advanced products such as FLEXBOX, a disaggregated ROADM node aimed at software-defined networks. The company's innovative approach simplifies and automates optical network delivery, enhancing the capabilities of both edge and metro core networks. In June 2012, Nistica was acquired by Molex Optical Solutions Group, further extending its reach and impact in the optical networking industry.

Dynamic Mobile Data

Venture Round in 2007
Dynamic Mobile Data Systems, Inc. specializes in mobile resource management solutions designed for midsize to large enterprises. The company offers a range of products, including MobileServer, which serves as a wireless platform for two-way communications, and the Dynamic Mobile Application Suite, a collection of configurable applications that facilitate the transfer of corporate information to mobile resources. Additionally, it provides Heads-Up!, a business activity monitoring application, and MobileDispatch, a solution for time-sensitive communications and status tracking. The company's Automated Vehicle Location software allows users to obtain vehicle locations wirelessly. Dynamic Mobile Data also offers various services, including implementation, maintenance, training, and support for wireless applications. Established in 1994, the company is headquartered in Somerset, New Jersey.

Agilence

Venture Round in 2007
Agilence, Inc. is a provider of cloud-based reporting solutions specifically designed for the retail, restaurant, and pharmacy sectors. Founded in 2006 and headquartered in Mount Laurel, New Jersey, the company offers innovative tools such as 20/20 Data Analytics and 20/20 Rx. These products facilitate intelligent reporting by automatically gathering and summarizing operational data, allowing organizations to identify anomalies and trends that can lead to fraud reduction and improved efficiency. Agilence's platform enables clients to gain comprehensive insights into their daily operations, making it easier for them to make informed decisions that enhance profit margins. The company has established strategic partnerships to further bolster its offerings in the market.

Corente

Venture Round in 2007
Corente, Inc. specializes in integrated software solutions for the automated delivery and management of application traffic. The company provides the Virtual Services Exchange, which is designed to help enterprises establish distributed, centrally controlled, and monitored services networks. Founded in 1999 and based in Bernardsville, New Jersey, Corente focuses on cloud-based applications and services, offering performance management capabilities that enhance the efficiency of application delivery. The company was previously known as OpenReach, Inc.

Nistica

Venture Round in 2007
Nistica, Inc. is a developer and manufacturer of optical networking modules focused on delivering high-bandwidth applications. Established in January 2005 and headquartered in Bridgewater, New Jersey, the company specializes in agile optical modules designed for optical system original equipment manufacturers globally. Nistica's product offerings include reconfigurable optical add/drop multiplexer (ROADM) subsystems, low port-count wavelength selective switch modules, and high port-count series products. These solutions facilitate flexible channel plans and dynamic power equalization, enabling users to customize channel spacing. Additionally, Nistica provides advanced products such as FLEXBOX, a disaggregated ROADM node aimed at software-defined networks. The company's innovative approach simplifies and automates optical network delivery, enhancing the capabilities of both edge and metro core networks. In June 2012, Nistica was acquired by Molex Optical Solutions Group, further extending its reach and impact in the optical networking industry.

Velox Semiconductor

Venture Round in 2007
Velox Semiconductor Corporation manufactures gallium nitride power semiconductors. The company offers gallium nitride transistors and diodes; and schottky rectifiers, which are used in power factor correction, switch mode power supplies, and freewheeling diode applications. It serves the power supply industry, as well as automotive, industrial, computer, and telecom markets. The company was founded in 2005 and is based in Somerset, New Jersey.

ClassLink

Venture Round in 2007
ClassLink, Inc. is a technology company that specializes in developing cloud-based solutions tailored for K-12 school districts. Founded in 1998 and headquartered in Clifton, New Jersey, ClassLink offers a range of products designed to enhance educational experiences, including student administration, curriculum management, classroom management tools, and software usage reports. Its platform, which markets under brand names such as LaunchPad and OnTrack, provides educators with seamless access to files both in school and in the cloud, enriching classroom interactions through features like video sessions and analytics. Notable clients include various school districts, such as Clyde Consolidated Independent School District and Hudson Falls School District.

Urovalve

Venture Round in 2006
Urovalve, Inc. is a privately held company located in the Enterprise Development Center at New Jersey Institute of Technology (NJIT) in Newark, New Jersey. The company develops superior medical devices to address problems associated with urinary flow and control.

Ranch Networks

Venture Round in 2006
Ranch Networks, Inc. specializes in Internet protocol telephony network appliances designed to secure, manage, and scale VoIP traffic. Established in 2000 and based in Morganville, New Jersey, the company provides networking solutions tailored for both carrier and enterprise-grade VoIP deployments. Its products are engineered to integrate security features and bandwidth control, ensuring reliable communication between office employees, remote locations, service providers, and enterprise customers.

Naturalvert

Naturalvert is a food manufacturer specializing in organic, vegan, allergen-free granola made with high-quality, locally sourced ingredients. Born in culinary school, founder Vee created the brand to offer better-tasting, wholesome granola that meets the rising demand for clean-label snacks. We manufacture and package all products in-house to ensure quality, consistency, and flavor. Today, Naturalvert distributes nationally through major retailers including Walmart, Whole Foods Market, Ross, and ShopRite, bringing healthier alternatives to shelves across the country.
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