Ben Franklin Technology Partners of Southeastern Pennsylvania

Ben Franklin Technology Partners of Southeastern Pennsylvania is a non-profit organization established in 1982 that serves as a vital capital provider and supporter of technology development in the region. Based in Philadelphia, it has invested over $170 million in more than 2,000 early-stage and established technology companies, fostering innovation primarily in information technology, health, and physical sciences. The organization not only provides financial support but also develops partnerships between universities and industries to accelerate the commercialization of scientific discoveries. By strengthening the local entrepreneurial ecosystem, Ben Franklin Technology Partners plays a crucial role in job creation and economic transformation in Southeastern Pennsylvania.

Jonathan Beschen

Investment Director, Information Technology Investment Group

Anthony George

Analyst

Mark de Grandpre

Investor

Kevon Gray

Analyst

Roze McDevitt

Analyst

Adare McMillan

CFO

Omar Mencin

Managing Director, Information Technology Investment Group

Kathie Jordan Ph.D

Managing Director, Healthcare Investment Group

Past deals in Photo Software

Photosonix Medical

Seed Round in 2014
Photosonix Medical, Inc. is a company focused on developing innovative treatments for dermal diseases, particularly chronic bacterial infections known as biofilms, which can lead to conditions such as moderate to severe acne. Its flagship product, CLENS, utilizes a unique combination of ultrasound and violet light to target and eliminate biofilm bacteria effectively. This energy-based therapy aims to provide users with a safe and effective at-home skincare solution that not only treats acne but also helps prevent permanent skin scarring. Founded in 2014, Photosonix Medical operates from Ambler, Pennsylvania, and primarily markets its products to dermatologists and primary care physicians.

Vy

Seed Round in 2014
Vy Corporation is a software development company based in Wayne, Pennsylvania, specializing in shape detection and object analysis for the medical imaging market. The company offers cloud-based services, including CytoSavvy.com, which utilizes patented technology to identify and analyze clusters of cells in various biopsies, enhancing the capabilities of pathologists and medical researchers. Another product, VectorSavvy.com, provides users with access to advanced image analysis tools, enabling them to upload and evaluate images effectively. Vy Corporation's mission is to improve the efficiency and reliability of data collection and analysis in medical diagnostics, ultimately aiding in the identification of complex cell structures. Through its innovative software solutions, Vy aims to streamline the process of analyzing medical imagery, thereby supporting better research outcomes in the healthcare sector.

EyeIC

Venture Round in 2012
EyeIC, Inc. develops and commercializes imaging technologies for medical applications. The company serves eye care professionals and eye clinics. It offers MatchedFlicker, a device for monitoring the advent and progression of glaucoma through change detection in time series retinal photographs. The company's software works by aligning and registering two images of the same object taken at different points in time, and then generating a superimposed view that is alternated back and forth. The company was founded in 2004 and is based in Wayne, Pennsylvania.

Real Time Tomography

Seed Round in 2011
Real Time Tomography, LLC develops imaging software solutions for medical imaging systems. The company offers Adara, an image processing and enhancement software for digital mammography that provides optimal tissue contrast and lesion conspicuity; and Briona, a 3D image reconstruction software for digital breast tomosynthesis that reconstructs 3D tomographic images from 2D projection images. It also provides technical support and consultation on detector and system design for optimal image quality and processing speed. The company provides its products to the manufacturers of mammography and PACS workstations. Real Time Tomography, LLC was founded in 2006 and is based in Villanova, Pennsylvania.
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