Connotate Receives $11 Million Series B-1 to Expand Innovation and Market Channels

In November, Connotate, Inc., the New Brunswick-based Web data-extraction platform provider for the information services industry and data-centric businesses, announced its $11 million Series B-1 financing, led by Long River Ventures (Boston and Amherst).


iEnterprises B2B Tech Accelerator Announced; Connects Nontechnical Founders to Developers

At the November Morris Tech Meetup, John Carini, CEO of iEnterprises and one of the organizers of the meetup, announced the establishment of a New Jersey-based technology incubator/accelerator for very early stage founders with no technical expertise. The iEnterprises Technology Accelerator is looking for B2B software companies with nontechnical founders who also require help with their mass marketing.


At Scarlet Startups, Fownders Chief Visionary Officer Emphasizes Mission over Money

At the Scarlet Startups meetup held at the Rutgers Business School (New Brunswick) on November 30, Gerard Adams, cofounder of Elite Daily and founder/chief visionary officer of Fownders, began his talk to a hall packed with students by showing them a photograph of “the river, a graffiti-tagged makeshift hideaway for neighborhood kids at an intersection where the small town of Belleville meets the streets of Newark.


Newark Venture Partners Scores Big at First NVP Labs Demo Day at Prudential Center

Newark Venture Partner Labs held its demo day for its inaugural accelerator class on Wednesday at the Prudential Center, presenting a professional cohort that gave polished presentations to an enthusiastic audience.  The startups pitched on a stage set up on the ice at the hockey arena, and during a break in the pitch sessions the New Jersey Devils’ mascot threw tee shirts to the audience.  Before the program began, investors and audience members had a chance to shoot goals on the ice.


Interview: CEO Doug Klinger Talks about Zelis Healthcare, “String of Pearls” Strategy, and Appreciating Founders

In January 2016, Bedminster-based Premier Healthcare Exchange (PHX), Stratose, Pay-Plus Solutions and GlobalCare merged their operations to create a healthcare information technology company delivering healthcare claim solutions to payers, providers and individuals.

At that time, the company, which had been formed by Parthenon Capital Partners (Boston, Mass.), a leading private equity firm and investor in the combined company, said that it would be headquartered in New Jersey. Later, the company was rebranded as Zelis Healthcare, and in March of this year Douglas E. Klinger signed on as an investor, board member and CEO.





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