12/15: Cable Labs gives OpenStack, and itself, some help on the edge ; Gartner: Worldwide Server Revenue Grew 16% in Q3; Shipments Up 5.1%




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Disney buying Fox film, TV units for $52 billion in digital push (Reuters)


Disney’s Fox acquisition means the end of Hulu as we know it
(Recode)


The FCC just killed net neutrality (The Verge)

Cable Labs gives OpenStack, and itself, some help on the edge
(The Register)

Technology firm moves HQ to former Merck building (Lehigh Valley Business)

Private Equity Firm Onex Corp. To Acquire SMG Holdings; Deal Expected To Close In Early '18 (Sports Business Daily)

Oracle Falls Most in 3 Months as Cloud Sales Drag on Turnaround (Bloomberg)

Gartner: Worldwide Server Revenue Grew 16% in Q3; Shipments Up 5.1% ((EnterpriseTech)





12/13: T-Mobile Inks Deal to Acquire Layer3 TV ; How much Uber is worth after its rough year ?




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T-Mobile Inks Deal to Acquire Layer3 TV (Multichannel News)


Media’s Latest Head-Scratcher
Moffett wonders on motivation of T-Mobile-Layer3 TV hookup
(Multichannel News)

Redbox returns to internet video with On Demand service (Engadget)

The FCC's Net Neutrality Vote Happens Thursday. Here’s What to Expect (Fortune)

AT&T and Union Reach Accord on Job Protection for Workers (NY Times)

How much Uber is worth after its rough year (Business Insider)

Former Rutgers student admits to creating code that crashed internet (NJ.com)






SICOM Moves Corporate Headquarters to Accommodate Rapid Growth

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SICOM Moves Corporate Headquarters to Accommodate Rapid Growth



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December 11, 2017 14:19 ET | Source: SICOM Systems
LANSDALE, Pa., Dec. 11, 2017 (GLOBE NEWSWIRE) -- SICOM, a leading best-of-breed provider of end-to-end solutions for quick service and fast casual restaurants, today announced that it has moved its corporate headquarters to accommodate its rapid growth. More than 300 employees are located at the new 100,000+ square foot office space, which is located at 1684 South Broad Street, Suite 300, Lansdale, Pa.

“Our team has grown by more than 142 members this past year and we are positioning ourselves for continued growth based on the increased demand for innovative end-to-end technology solutions by quick service and fast casual restaurants,” said Jim Flynn, CEO of SICOM. “This new location has been designed to provide an environment to continue to expand our team, better serve our customers and facilitate greater productivity, innovation and collaboration – a place we are proud to bring customers and prospects.”

Supporting SICOM’s growth strategy, this larger office footprint includes an innovative Customer Experience Center, an expanded and specifically-devoted area for research and development, a dedicated training facility, and numerous branded collaboration spaces.

About SICOM
SICOM Systems, Inc. is a leading best-of-breed provider of end-to-end technologies and services for the quick service and fast casual restaurants. The company offers front-of-house solutions (i.e. Digital Menu Boards, Point-of-Sale (POS) and Order Confirmation Units); back-of-house solutions (Drive-Thru Director and Chef Kitchen Management); as well as above restaurant solutions (360° Data Analytics and SEMS4 Restaurant Management) that are helping major restaurant chains around the globe to streamline their operations. SICOM has over 40,000 digital menu boards, 8,000+ Drive-Thru Directors and 7,000+ CHEF Kitchen Management solutions in operation worldwide, while its POS systems are in more than 6,500 restaurants worldwide and it has more than 10,000 restaurants leveraging its enterprise management systems globally. Founded in 1987, SICOM is headquartered in Lansdale, Pa. and can be found online at www.SICOM.com.



Scala: Insider Peter Cherna takes listeners on a journey of Scala's success over the past 30 years!



Weekend Highlights: WSFS and SoFi partner on new deposit account; SAP launches East Coast lab in Newtown Square




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Murdochs Send Note to Staffers About ‘Potential Transaction’ (Multichannel News)
Execs make no comment, but acknowledge ‘unease’ amid ‘uncertainty’.

Sky is suddenly hot as Disney, Comcast pursue stake in Fox talk (Bloomberg via Philly.com)


WSFS and SoFi partner on new deposit account (Delaware Business Times )


Woodbridge IT company buys SAP solutions business (NJ-roi)
Savantis, the target in this deal, is based in Exton.

SAP launches East Coast lab in Newtown Square (Delco Times)

You're SAP-ing my will to live: Licensing debate lumbers on as ERP giant tries to rebuild trust (The Register)

Ascension, Providence consider mega hospital merger (Axios)


Honeywell to buy 25% of Chinese supply chain software firm (GadgetsNow)


12/7: Inside Elliott Management; Franken was Comcast's biggest and loudest critic in the U.S. Senate



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Inside Elliott Management: How Paul Singer’s Hedge Fund Always Wins (Fortune)

Franken was Comcast's biggest and loudest critic in the U.S. Senate (Philly.com)

Start Date for AT&T-Time Warner Antitrust Trial Is Set (Fortune)

T-Mobile rips Verizon's 5G broadband plan as 'unrealistic' (CNET)

Biggest Enterprise Software Will Soon Be SaaS-Only and It’s Time to Worry
(Data Center Knowledge)

Dell makes a loss, but the trend lines look promising for profits (The Register)


Red & Blue chases $20m for Pennsylvania ecosystem (Global University Venturing)


12/6: First Round's State of Startups 2017; Comcast’s xFi Advanced Gateway modem is now available nationwide



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How Blue Apron Wooed Then Disappointed Wall Street (Bloomberg)
First Round Capital has recently been selling a portion of its holdings in Blue Apron at slightly more than $3 per share . The IPO price was $10. Still, the proceeds were far above First Rounds' basis costs.

State of Startups
2017
(First Round Capital)



Comcast’s xFi Advanced Gateway modem is now available nationwide (Engadget)



ERT pumps up cardiac safety solutions with iCardiac acquisition
(Outsourcing Pharma)

NYC-based VirtualHealth Lands $7M to Expand Integrated Value-based Care Platform, led by Edison Partners (HIT Consultant)

Philly company launches the ‘OpenTable’ of clinical trials (Keystone Edge)

Veeva Plunges To 8-Month Low, But Guidance Likely Conservative: Analyst
(IBD)

Anaplan looked like another troubled unicorn — but it's back on track with a new $1.4 billion valuation (Business Insider)
Philly software vet Paul Melchiorre is Anaplan's Chief Revenue Officer.


Investor Dream Team to Back Rise of the Rest Entrepreneurs with New $150 Million Fund

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Investor Dream Team to Back Rise of the Rest Entrepreneurs with New $150 Million Fund
on December 05, 2017
New Revolution seed fund to invest in 100+ startups based outside of Silicon Valley



WASHINGTON, D.C. — December 5, 2017 — Today, Revolution announced that three dozen of America’s most respected entrepreneurs, investors and families have joined together to back startups outside of Silicon Valley with a $150 million Rise of the Rest Seed fund. Investors in the new fund include legendary entrepreneurs Jeff Bezos, Sara Blakely, Tory Burch, Dan Gilbert, Ted Leonsis, Sheila Johnson, Joe Mansueto, Sean Parker, Eric Schmidt, Howard Schultz, Romesh Wadwhani, and world-class investors and executives such as Jim Breyer, Ray Dalio, John Doerr, Henry Kravis, Michael Milken, Adebayo “Bayo” Ogunlesi, David Rubenstein, Byron Trott, Jeff Vinik, Meg Whitman, William M. Lewis, Jr., and members of the Koch, Pritzker, and Walton families.

“We’re pleased so many of America’s most iconic investors, executives and founders have joined with us to invest in Rise of the Rest cities,” said Steve Case, the CEO of Revolution and the anchor investor in this new fund. “Their support validates our hypothesis that there are great startup investment opportunities all across the country, and that by leveling the playing field we can help more entrepreneurs in more places build companies that can improve our lives, and create jobs that can help lift up our communities.”

Leading the new fund as Managing Partner will be J.D. Vance, author of the bestselling book, Hillbilly Elegy, who joined Revolution earlier this year after serving as a Silicon Valley venture capitalist. Vance leads the dedicated Rise of the Rest investment team that now includes David Hall, a longstanding Partner at Revolution, and Anna Mason, who joined Revolution last year as Director of Investments for Rise of the Rest.

“I’ve seen first-hand the incredible entrepreneurs trying to build great businesses outside of Silicon Valley,” said Vance. “They often possess all the ingredients for success, but struggle to find enough investment capital to break through and have a positive impact on their region. This fund can help change that dynamic. We’re now positioned to partner with the dozens of regional investors we’ve met and join with them in backing the next generation of entrepreneurs with breakthrough ideas.”

Last year, three states (California, New York, and Massachusetts) received 75 percent of all venture capital funding, leaving the other 47 states to compete for the remaining 25 percent. However, recent demographic shifts and infrastructure growth have positioned rising cities for success: the steady increase of accelerator and incubator programs (now in at least 35 states), more startup-friendly public policies, and the institutional knowledge and partnership opportunities provided by the concentration of Fortune 500 companies, 85 percent of which are located outside of the traditional tech hubs.

For the past four years, Revolution and Steve Case have made bi-annual Rise of the Rest road trips to shine a spotlight on emerging startup ecosystems across the country. The Rise of the Rest bus has visited 33 cities to date. In each city, Revolution’s Rise of the Rest team has visited startups in various stages of growth and invested $100,000 in at least one local startup. The new seed fund will set out to amplify this investment strategy by applying it at a larger scale and actively seeking out and investing in companies year-round. The fund plans to make initial investments of up to $1 million, in partnership with regional investors. The fund will not lead rounds or serve on boards, as it wants to work with other investors as an ally and catalyst.

Case added: “This new fund will enable us to back more than 100 promising startups taking on some of society’s biggest challenges, in sectors such as healthcare, education, transportation, energy, financial services, food and government services. We want to help accelerate the growth of companies we invest in by building a network that links them to other people and organizations that can help catalyze their growth.”

A complete list of investors can be found at: https://www.revolution.com/entity/rotr



About Revolution

A Washington, D.C.-based investment firm founded in 2005, Revolution’s mission is to help build disruptive, innovative companies that offer consumers more choice, convenience, and control in their lives. The new Rise of the Rest Seed fund complements the existing Revolution Growth and Revolution Ventures funds. Revolution’s funds now exceed $1.3 billion and are positioned to back startups at nearly every stage of their lifecycle. For more information, please visit: www.revolution.com or follow us on Twitter @Revolution.

Contact:

Tracy Van Grack
tracy.vangrack@revolution.com
(516) 524-6124



12/5: Disney (not Comcast) Said to Be Nearing a Deal With 21st Century Fox; Veeva Beats Views But Offers In-Line Outlook




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U of Penn-focused Red & Blue Ventures collects $13.9 mln for maiden fund (PE Hub)

Veeva Beats Views But Offers In-Line Outlook; Shares Drop (IBD)

Amazon's Booming Apparel Business In Position To Pass Macy's, TJX (IBD)

Google is pulling YouTube off the Fire TV and Echo Show as feud with Amazon grows (The Verge)

Disney Said to Be Nearing a Deal With 21st Century Fox (NY Times: DealBook)


FOX REGIONAL SPORTS NETWORKS WOULD BE A GAME-CHANGER FOR ESPN (Ad Age)

Siemens cuts 6,900 energy-related jobs, including 1,800 in the U.S.
(Philly.com)

Federal IT analyst: Federal government shutdown would throw wrench in VA deal with Cerner (Healthcare IT News)





"Health-care players are taking them (Amazon) seriously and (are) willing to work with them," said Jonathan Hirsch, co-founder of Syapse, a health technology start-up that specializes in cancer care.

Hirsch wasn't aware of the partnership but said a deal with Cerner would be "a major vote of confidence" for AWS.

https://www.cnbc.com/2017/11/22/aws-is-partnering-with-cerner-on-cloud-deal-for-healtheintent.html