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Innovation & Startups

Invivodata HIRING, Cohera Medical raises $8.4M and other job and funding news

South Side-based Invivodata is expanding, adding 28,000 square-feet of space to its office in the Commerce Court building in Station Square. Hiring is underway.

The rapidly growing tech company delivers scientific consulting and direct-from-the-patient data collection services to the global pharmaceutical and medical device industry. 

In other regional job and venture capital news:

*Cohera Medical has raised $8.4 million from private investors in a series D round to support clinical trials for its TissueGlu product in the U.S. as well as the development of several new products in the pipeline.

* Net Health Systems in the Strip, a provider of clinical information systems for the rapidly growing field of wound care, is hiring following the news of a significant investment from Spectrum Equity. Net Health declined to offer specifics on the round of funding.

* Aquion Energy’s plans to establish a state-of-the-art manufacturing center in Pittsburgh advanced this month with the help of $15 million in venture funding from Horizon Technology Finance Corp. and Silicon Valley Bank. 

* Lucas System, Inc., a provider of voice-directed logistics solution assisting retailers, wholesale distributors and manufacturers is hiring software support engineers, project managers, customer support managers and software engineers.

Since 2008, its revenues have grown more than 50 percent as it has added new marquee customers, created partnerships with leading supply chain and warehouse management system providers, and established an international presence in Europe and the Pacific Rim.

* Hormann Flexon, LLC, German-based manufacturer of high-performance, industrial doors, is building a 68,000 square-foot facility in Washington County in the Starpoint Business Park near Burgettstown. Construction is expected to begin in late summer 2013. The company will hire about 100 people to start. 

The facility has room to eventually expand to 220,000 square feet. Hormann Group employs more than 6,000 employees worldwide and had sales of more than $1.2 billion last year.

* Audio-visual company Mendtronix Inc. and its subsidiary, Projector Doctor, announced it would open a facility in Latrobe that would employ at least 25 workers. The 15,000-square-foot facility would have a warehouse and repair shop for digital signs, projectors and kiosks serving the New York, Chicago and St. Louis markets. Mendtronix has offices in Atlanta and San Diego.

* Newton Consulting, a provider of information technology and human resources management consulting services, has hired five new employees. The company has grown from 25 to 61 people in the last few years. 

* Smart grid technology company BPL Global has opened an office in India as part of the company's on-going efforts to serve the global smart grid market.

Writer: Deb Smit
Source: Invivodata, Aquion Energy, Hormann Flexon, Mendtronix, Lucas Systems and BPL Global
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