NJTC Venture Fund

InstaMed Communications, LLC, founded in 2004 and headquartered in Philadelphia, Pennsylvania, operates a healthcare payments network that connects providers, payers, and consumers through a unified cloud-based platform. The company offers several products, including InstaMed Online for Providers and InstaMed Online for Payers, both of which facilitate secure management of healthcare payment transactions with role-based security. Additionally, InstaMed Connect integrates healthcare payments into existing IT applications via APIs. By streamlining electronic transactions and consolidating payment processes, InstaMed aims to reduce the risks and complexities associated with multiple payment vendors, ultimately enhancing consumer satisfaction and enabling providers to collect payments more efficiently. As of 2019, InstaMed operates as a subsidiary of JPMorgan Chase Bank, National Association.

SunRay Scientific LLC is a manufacturer of advanced materials based in Long Branch, New Jersey, specializing in conductive adhesives that facilitate the assembly of flexible electronics. Founded in 1998, the company provides innovative solutions, including conductive inks, epoxies, and encapsulants, designed to enhance flexible circuitry in next-generation wearable electronics and semiconductor packaging. SunRay Scientific caters to various industries, including healthcare, military defense, automotive, and consumer electronics, by enabling high throughput processes in flexible electronics assembly. The company generates revenue through material sales, licensing, and engineering services, contributing to the advancement of flexible hybrid and miniaturized electronics.

InstaMed Communications, LLC, founded in 2004 and headquartered in Philadelphia, Pennsylvania, operates a healthcare payments network that connects providers, payers, and consumers through a unified cloud-based platform. The company offers several products, including InstaMed Online for Providers and InstaMed Online for Payers, both of which facilitate secure management of healthcare payment transactions with role-based security. Additionally, InstaMed Connect integrates healthcare payments into existing IT applications via APIs. By streamlining electronic transactions and consolidating payment processes, InstaMed aims to reduce the risks and complexities associated with multiple payment vendors, ultimately enhancing consumer satisfaction and enabling providers to collect payments more efficiently. As of 2019, InstaMed operates as a subsidiary of JPMorgan Chase Bank, National Association.

InstaMed Communications, LLC, founded in 2004 and headquartered in Philadelphia, Pennsylvania, operates a healthcare payments network that connects providers, payers, and consumers through a unified cloud-based platform. The company offers several products, including InstaMed Online for Providers and InstaMed Online for Payers, both of which facilitate secure management of healthcare payment transactions with role-based security. Additionally, InstaMed Connect integrates healthcare payments into existing IT applications via APIs. By streamlining electronic transactions and consolidating payment processes, InstaMed aims to reduce the risks and complexities associated with multiple payment vendors, ultimately enhancing consumer satisfaction and enabling providers to collect payments more efficiently. As of 2019, InstaMed operates as a subsidiary of JPMorgan Chase Bank, National Association.

Archive Systems, founded in 1991, specializes in transforming how organizations manage document processing and records storage. The company addresses the challenges businesses face with overwhelming amounts of paper by offering a comprehensive suite of services, including records management consulting, records storage, imaging, and secure destruction. It pioneered the ASPEN 360 platform, which provides an on-demand document management solution that allows organizations to virtualize their back office operations. The platform features the Virtual File Room Edition, enabling businesses to image and access various types of content, such as HR records and legal documents, while the Paper Virtualization Center alleviates the burdens of document imaging, data capture, and indexing. Archive Systems also offers offsite data storage and document conversion, supported by a network of Record Centers equipped with barcode tracking and sophisticated management systems, ensuring that records are securely stored yet easily accessible. Through advanced analytics and embedded information governance, Archive Systems helps organizations efficiently manage the entire lifecycle of their records.

InstaMed Communications, LLC, founded in 2004 and headquartered in Philadelphia, Pennsylvania, operates a healthcare payments network that connects providers, payers, and consumers through a unified cloud-based platform. The company offers several products, including InstaMed Online for Providers and InstaMed Online for Payers, both of which facilitate secure management of healthcare payment transactions with role-based security. Additionally, InstaMed Connect integrates healthcare payments into existing IT applications via APIs. By streamlining electronic transactions and consolidating payment processes, InstaMed aims to reduce the risks and complexities associated with multiple payment vendors, ultimately enhancing consumer satisfaction and enabling providers to collect payments more efficiently. As of 2019, InstaMed operates as a subsidiary of JPMorgan Chase Bank, National Association.

Gaia Power Technologies, Inc. provides distributed energy management and storage systems in the United States. The company offers PowerTower, a backup power system that provides power for homes and businesses. It offers its products through resellers and distributors. Gaia Power Technologies, Inc. was founded in 2002 and is headquartered in New York, New York.

Viracor-IBT Laboratories is dedicated to being the leading specialty diagnostics laboratory partner in allergy, immunology, and infectious disease testing. They provide doctors and hospitals the tests, results and support they need to deliver the best care possible, and they collaborate with pharmaceutical researchers to solve difficult problems and accelerate drug development.

Sword Diagnostics, Inc. is a life sciences company specializing in diagnostic solutions for research, drug development, and clinical diagnostics in the United States and internationally. Founded in 2004 and headquartered in Chicago, Illinois, the company offers innovative products designed to enhance disease detection through ultra-sensitive technology. Key offerings include the Sword diagnostics system, Sword reagent kits, and the Sword ELISA Booster, which employs a unique substrate that generates a quantifiable Raman signal using various microplate readers. Sword Diagnostics addresses the challenges faced by researchers in measuring and understanding biomarkers associated with health and disease, aiming to improve the utility of existing diagnostic assays and facilitate the exploration of new biological markers.

Sword Diagnostics, Inc. is a life sciences company specializing in diagnostic solutions for research, drug development, and clinical diagnostics in the United States and internationally. Founded in 2004 and headquartered in Chicago, Illinois, the company offers innovative products designed to enhance disease detection through ultra-sensitive technology. Key offerings include the Sword diagnostics system, Sword reagent kits, and the Sword ELISA Booster, which employs a unique substrate that generates a quantifiable Raman signal using various microplate readers. Sword Diagnostics addresses the challenges faced by researchers in measuring and understanding biomarkers associated with health and disease, aiming to improve the utility of existing diagnostic assays and facilitate the exploration of new biological markers.

IntegriChain is a prominent provider of a cloud-based channel management platform designed for life sciences and pharmaceutical manufacturers. It serves a diverse clientele, including nine of the top ten pharmaceutical companies, by facilitating effective channel collaboration and enhancing the efficiency of product distribution. The platform enables suppliers in pharmaceuticals, biopharmaceuticals, generics, and consumer health to manage their supply chain relationships, inventories, and orders across a wide network of retailers and distributors. By utilizing aggregated channel inventory and point-of-sale data, IntegriChain delivers informed applications and analytics that support customer operations, national accounts, and finance teams. This approach offers a more agile and mobile alternative to traditional enterprise resource planning systems. The company helps clients control distribution costs while ensuring product availability and revenue predictability, processing more than $200 billion in annual U.S. commerce and two billion transactions through its cloud platform each year.

CebaTech, Inc. designs, develops, and licenses high-value silicon intellectual property (IP) cores. The company focuses on delivering hardware solutions that accelerate data and storage networking applications. Its products include CebaRIP cores, such as a family of advanced encryption standard IP cores that provide hardware encryption and decryption to meet data security needs; data deflate cores; and LZRW3, MD5, and SHA-1 cores, which are direct hardware embodiment of original software implementations that enable FPGA or ASIC solutions for data compression and decompression, and cryptographic hash functions. The company also provides software models for virtual prototyping cards and cores, as well as for early pre-hardware integration, test, performance analysis, and low-end performance application code. In addition, the company provides custom IP services, such as customer-specified features for CebaIP Cores; customer-specified IP development; and select turnkey FPGA or ASIC development services. Further, the company develops tunable silicon IP cores to accelerate the realization of software algorithms in silicon to boost the productivity of engineering teams focused on advanced SoC, ASIC, and FPGA systems design. CebaTech, Inc. was founded in 2004 and is based in Eatontown, New Jersey.

InstaMed Communications, LLC, founded in 2004 and headquartered in Philadelphia, Pennsylvania, operates a healthcare payments network that connects providers, payers, and consumers through a unified cloud-based platform. The company offers several products, including InstaMed Online for Providers and InstaMed Online for Payers, both of which facilitate secure management of healthcare payment transactions with role-based security. Additionally, InstaMed Connect integrates healthcare payments into existing IT applications via APIs. By streamlining electronic transactions and consolidating payment processes, InstaMed aims to reduce the risks and complexities associated with multiple payment vendors, ultimately enhancing consumer satisfaction and enabling providers to collect payments more efficiently. As of 2019, InstaMed operates as a subsidiary of JPMorgan Chase Bank, National Association.

Game Trust, Inc. is a company focused on providing infrastructure for community and commerce applications within the online gaming and entertainment sectors. Founded in 2002 and headquartered in New York, it develops the Game Frame platform, which is tailored for online casual games. This platform allows website operators and game developers to enhance user experiences by integrating community features and commerce capabilities into both new and existing games. Game Trust serves a diverse clientele of game distributors and developers across the United States and Europe, facilitating a more engaging online entertainment environment. As of 2007, Game Trust operates as a subsidiary of RealNetworks, Inc.

Gaia Power Technologies, Inc. provides distributed energy management and storage systems in the United States. The company offers PowerTower, a backup power system that provides power for homes and businesses. It offers its products through resellers and distributors. Gaia Power Technologies, Inc. was founded in 2002 and is headquartered in New York, New York.

RightAnswers, Inc. specializes in knowledge management solutions for businesses globally, focusing on enhancing customer service and IT support operations. The company provides a Unified Knowledge Platform, a cloud-based system that facilitates the storage, management, and sharing of organizational knowledge. Its offerings include user experience solutions such as Web Self-Service, which allows users to find answers independently, and Knowledge Gateway, which integrates with enterprise search engines to streamline access to information. Additionally, the Email Knowledge Response feature automates responses to inquiries, while RightAnswers Mobile enables access to knowledge via smartphones. The company also offers tools like Solution Manager for creating knowledge articles, Knowledge Explorer for scanning networks for existing knowledge, and a library of solutions known as RightAnswers Knowledge Paks. RightAnswers serves various industries, including banking, healthcare, and education, and provides its software both on-premise and through the cloud. Founded in 2001 and headquartered in Clark, New Jersey, the company operates as a subsidiary of Upland Software, Inc.

CebaTech, Inc. designs, develops, and licenses high-value silicon intellectual property (IP) cores. The company focuses on delivering hardware solutions that accelerate data and storage networking applications. Its products include CebaRIP cores, such as a family of advanced encryption standard IP cores that provide hardware encryption and decryption to meet data security needs; data deflate cores; and LZRW3, MD5, and SHA-1 cores, which are direct hardware embodiment of original software implementations that enable FPGA or ASIC solutions for data compression and decompression, and cryptographic hash functions. The company also provides software models for virtual prototyping cards and cores, as well as for early pre-hardware integration, test, performance analysis, and low-end performance application code. In addition, the company provides custom IP services, such as customer-specified features for CebaIP Cores; customer-specified IP development; and select turnkey FPGA or ASIC development services. Further, the company develops tunable silicon IP cores to accelerate the realization of software algorithms in silicon to boost the productivity of engineering teams focused on advanced SoC, ASIC, and FPGA systems design. CebaTech, Inc. was founded in 2004 and is based in Eatontown, New Jersey.

Hycrete specializes in manufacturing innovative concrete waterproofing materials designed to enhance the durability and longevity of concrete structures. The company's product line includes various solutions such as Hycrete System W for waterproof construction, Hycrete W1000 for general waterproofing protection, and Hycrete W500 for creating waterproof concrete. Additionally, Hycrete offers flooring products like Hycrete System V, which provides moisture vapor protection for concrete flooring applications. The company also produces corrosion-inhibiting materials, including Hycrete X1000, which offers dual-action protection against corrosion in concrete. Committed to corporate and environmental responsibility, Hycrete aims to integrate sustainable construction practices with cost-effective solutions that simplify assembly and improve construction quality.

Sword Diagnostics, Inc. is a life sciences company specializing in diagnostic solutions for research, drug development, and clinical diagnostics in the United States and internationally. Founded in 2004 and headquartered in Chicago, Illinois, the company offers innovative products designed to enhance disease detection through ultra-sensitive technology. Key offerings include the Sword diagnostics system, Sword reagent kits, and the Sword ELISA Booster, which employs a unique substrate that generates a quantifiable Raman signal using various microplate readers. Sword Diagnostics addresses the challenges faced by researchers in measuring and understanding biomarkers associated with health and disease, aiming to improve the utility of existing diagnostic assays and facilitate the exploration of new biological markers.

Achieve3000, Inc. is a cloud-based literacy platform that provides differentiated literacy solutions aimed at enhancing reading comprehension, fluency, vocabulary, and writing proficiency for students in grades 2 through 12. Founded in 2000 and based in Red Bank, New Jersey, the company offers a range of educational programs, including KidBiz3000 for younger students, TeenBiz3000 for middle and high school learners, and Spark3000 for adult education. Achieve3000's proprietary software customizes content delivery based on individual reading levels, ensuring that each student engages with material suited to their abilities. The platform serves various educational institutions, including schools and school districts, and is designed to align with state curricula while supporting remote and on-site instruction.

CareGain Inc. specializes in providing software solutions for the consumer-directed healthcare industry. Its CareGain Defined Care platform allows health plans and third-party administrators to create and manage consumer-directed health plans, including health savings accounts, health reimbursement accounts, and flexible spending accounts. The company's offerings include the CareGain Asset Management Platform for benefits administration, CareGain BankConnect for linking health plans with financial institutions, and CareGain CardConnect for integrating with card transaction processing engines. Additionally, CareGain provides services such as business analysis, customer support, integration, implementation, planning, design, construction, deployment, and training. Founded in 2001 and headquartered in East Windsor, New Jersey, CareGain operates as a subsidiary of Canopy Financial, Inc. as of October 2008.

Redpoint Bio is a company focused on developing novel taste modulators for the food, beverage, and pharmaceutical industries. Its platform utilizes advancements in molecular biology to create compounds that can mask bitterness and enhance the sweetness of natural sugars. This innovation aims to improve product taste and increase consumer acceptance. Currently, Redpoint Bio is prioritizing the preservation of its License and Commercialization Agreement with International Flavors and Fragrances, Inc., a leader in the food and beverage sector. In light of limited resources, the company is not engaged in research and development activities at this time and is actively working to reduce liabilities and divest remaining assets.

Netilla Networks specializes in providing secure remote access solutions for corporate networks through its Netilla Service Platform, which is recognized as a leading SSL VPN appliance. This platform allows organizations to offer secure access to any application, whether on Windows, UNIX/Linux, or mainframe systems, via standard web browsers. By integrating thin-client technology with SSL encryption, along with a robust authentication and policy framework, Netilla Networks enables rapid deployment and reduces network exposure. The system is designed to lower maintenance costs compared to traditional VPNs while ensuring a user-friendly experience.

Amber Road, Inc. is a provider of cloud-based global trade management (GTM) solutions, serving clients both in the United States and internationally. The company offers a comprehensive suite of GTM modules, including import and export management, global logistics management, trade agreement management, and supply chain collaboration, alongside professional services such as implementation, training, and support. Its solutions are designed to facilitate compliance with international trade regulations and enhance the efficiency of global trade operations for a variety of industries, including chemical, electronics, industrial manufacturing, logistics, oil and gas, and retail. Amber Road operates on a software-as-a-service model and generates revenue through subscription sales and related services. Founded in 1990 and headquartered in East Rutherford, New Jersey, Amber Road has been recognized as a leader in the GTM software sector and became a subsidiary of E2open, LLC in 2019.

Netilla Networks specializes in providing secure remote access solutions for corporate networks through its Netilla Service Platform, which is recognized as a leading SSL VPN appliance. This platform allows organizations to offer secure access to any application, whether on Windows, UNIX/Linux, or mainframe systems, via standard web browsers. By integrating thin-client technology with SSL encryption, along with a robust authentication and policy framework, Netilla Networks enables rapid deployment and reduces network exposure. The system is designed to lower maintenance costs compared to traditional VPNs while ensuring a user-friendly experience.