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Wednesday November 26, 2014

Connecticut Innovations Invests $650K in CT #Startups

Connecticut InnovationsThrough its Pre-Seed Fund, Connecticut Innovations (CI) is funding four startups. CI, a quasi-public corporation, is investing a total of $650,000 in digital media, mobile and information technology companies. Stamford-based eBrevia uses natural language processing to assist law firms. MedAdherence, a Norwalk healthcare startup, uses cloud and mobile technology to create an automated communication system to monitor patients remotely. Another Stamford startup, Media Crossing, is developing a platform to trade unsold ad inventory. NXT-ID Inc., based in Shelton, is creating a biometric secure access control product for mobile commerce and law enforcement. Claire Leonardi, CEO of Connecticut Innovations, said building a strong tech sector is a high priority of Gov. Dannel P. Malloy’s administration.

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