Two suburban companies,
AssetVUE in Bucks County and
MobileReactor LLC in Chester County, were each approved for $200,000 investments in the latest round of funding announced in a news release on Monday from
Ben Franklin Technology Partners of Southeastern Pennsylvania.
AssetVUE, based in Bristol and led by President Sean Cotter, provides hardware, strategies, support, assembly and upgrades for data centers. The other new investment was for MobileReactor, based in Devon and doing business as OneTwoSee, which develops products and services that allow TV viewers to use mobile devices to play along with their favorite shows and other viewers in entertaining ways that are also meaningful for advertisers.
Also funded were:
Essential Medical, Wayne: $250,000 to aid in developing innovative products for use in cardiac catheterizations in leg arteries.
Novetas Solutions, Philadelphia: $200,000 toward processing and marketing of recycled glass that is crushed through a patent-pending grinding process and used in industrial processes. Previous Ben Franklin investments total $300,000.
Real Time Tomography, Villanova: $150,000 to continue its development of state-of-the-art image processing and image reconstruction for next-generation 2D and 3D medical imaging systems. Previous Ben Franklin investments total $425,000.
TicketLeap, Philadelphia: $25,000 for the e-commerce company providing online ticket-selling services for event organizers also provides barcode scanning, instant credit card swiping and design and tracking services. Previous Ben Franklin investments total $500,000.
Source: Jaron Rhodes, Ben Franklin Technology Partners of Southeastern Pennsylvania
Writer: Joe Petrucci