News

• Scout RFP Appoints New CRO and CTO

  September 6, 2018 Scout RFP, a provider of e-sourcing software, announced Wednesday it added two new members to its executive team, according to a press release. Jerry Brooner, former vice president of enterprise sales at Dropbox, is joining Scout as chief revenue officer, and Sarvesh Mathur is taking the role of CTO and vice president of engineering. Read more… Read More...

• OverDrive, Futuri take big prizes at OHTec Best of Tech Awards

  April 20, 2018 OverDrive and Futuri Media took home the biggest prizes at the OHTec Best of Tech Awards — aka, the Nerd Oscars. Garfield Heights-based OverDrive, known for its apps that let you borrow digital library books, was named Large Tech Company of the Year. Futuri, a Seven Hills-based software firm serving broadcasters and publishers, was named Small Tech Company of the […] Read More...

• Developer buys big Flats building

  March 21, 2018 The Ferry Cap & Set Screw Co. complex, a significant but long-empty group of structures on the Scranton Peninsula in Cleveland’s Flats, has a new owner with a track record for residential apartment and townhouse projects. Through 2151 Scranton Acquisition LLC, Fairview Park-based WXZ Development Co. paid $900,000 to Scranton Averell Inc. of Cleveland on Friday, March […] Read More...

• Zapis Capital Group’s Lee Zapis Investment firm chief sees potential storm clouds for investors

  March 11, 2018 Lee Zapis has invested in more than 20 companies since 2003, but he knows it takes more than just capital to build an outstanding business. That’s why Zapis Capital Group prefers to take an active role in its portfolio companies, providing strategic advice and resources in addition to equity investments. Read more… Read More...

• Futuri Enters Streaming Audio Network Business

  January 25, 2018 Technology provider Futuri Media has jumped into the streaming ad sales arena with the launch of its own ad network and ad insertion services offering. The company’s freshly launched Futuri Ad Network is made up of inventory from client stations that use its Futuri Streaming and POST on-demand audio platform.  Read more… Read More...

• Futuri Media Offers New Tools To Alpha Media

  January 17, 2018 FUTURI MEDIA has consummated a wide-ranging deal with ALPHA MEDIA, empowering all 228 ALPHA MEDIA stations in 50 U.S. markets with multiple tools from FUTURI MEDIA’s audience engagement suite, which include access to podcasting system POST, customized ALEXA skills, and interactive features accessible in the ALEXA-enabled device market. Read more… Read More...

• Historic Cleveland Heights mansion, long home to the College Club, eyed for apartments

  December 20, 2017 CLEVELAND HEIGHTS, Ohio – A 112-year-old mansion, built for a fastener magnate and occupied for decades by a private club, is set to return to its residential roots. WXZ Development aims to transform the historic home, at 2348 Overlook Road, and its carriage house into 14 high-end apartments. Plans for the $12.5 million project also include […] Read More...

• Cleveland HeartLab to be acquired by Quest Diagnostics

  October 19, 2017 Cleveland HeartLab has agreed to be acquired by Quest Diagnostics, a Fortune 500 medical testing company based in New Jersey. The deal should help the Cleveland Clinic spinout company accelerate its growth, said Cleveland HeartLab CEO Jake Orville. “We’re still a fraction of a fraction of what the real opportunity is,” Orville said, adding that he expects […] Read More...

• Putting precision care on the spot

  October 8, 2017 The role of precision medicine in day-to-day clinical care is still limited, but Northeast Ohio could play a major part in bringing it to the mainstream. Proponents point to genomics as an area of personalized health that can revolutionize all aspects of the health care delivery system. Genomics is the study of genes in making […] Read More...

• Scout RFP raises $15.5 million to help companies manage purchases

  June 7, 2017 Running a company is expensive. And it’s more than just the product and employee costs that add up. From furniture to electronics, there’s a lot of day-to-day corporate spending that can be hard to keep tabs on. That’s why procurement software has become a big business. Investors are betting that Scout RFP will emerge as […] Read More...

• When Supplier Sourcing Strategy Goes Beyond Cheaper Prices

  May 24, 2017 By now it’s not news that procurement has gone through an evolution, one that is digital, automated and a potential area of strategy for the overall enterprise. But what may come as a surprise is that strategic sourcing has emerged as one of the most important parts of the procure-to-pay process, says Stan Garber, president […] Read More...

• Cleveland HeartLab Adds Two Additional Patents to its Extensive Intellectual Property Position

  May 4, 2017 Cleveland HeartLab Inc. (CHL), the premier cardiovascular disease (CVD) management company, announced today that two new patents for Myeloperoxidase (MPO) testing have been issued:  U.S. Patent No. 9,581,597 and U.S. Patent No. 9,612,242.  Cleveland HeartLab is the exclusive license holder for MPO testing, which is covered by a number of patents including these two newly […] Read More...