Spencer Trask Press Releases


VenCorps and MassChallenge Establish Strategic Relationship to Accelerate Startups & Support Startup Community in New York

March 1, 2012 (New York, NY and Boston, MA) – VenCorps, a Member Firm of Spencer Trask Collaborative Innovations LLC (STCI), today announced that it has become a major sponsor of MassChallenge for 2012.


Spencer Trask Partners with Jonas Salk Legacy Foundation to Tap the Global Brain for a Polio Solution

Creates Challenge Seeks Ideas to Reduce the Cost of Inactivated Poliovirus Vaccine (IPV)

(Greenwich, CT) – November 10, 2011 – Spencer Trask and the Jonas Salk Legacy Foundation (JSLF) have announced a joint effort aimed at helping eradicate polio globally.  Jointly called BeyondPolio, the Trask/JSLF partnership has launched the first in a series of global, online Challenges designed to find a lower cost application of the inactivated poliovirus vaccine (IPV). 


Spencer Trask Invited to Join Prestigious Edison Awards Panel

March 31, 2011 (Greenwich, CT) – Michael Docherty, President of Spencer Trask & Co., will serve on the “Getting Into the Marketplace: From Inception to End User” as a panel contributor during the “Meet the Innovators” forum at the prestigious Edison Awards in New York on April 5, 2011.


Spencer Trask & Co. Sponsors Edison Awards

Emphasizes Support of Innovation

March 29, 2011 (Greenwich, CT) – Spencer Trask & Co. announces its sponsorship of the renowned Edison Awards to be held in New York City on April 5, 2011. The private investment firm and its network of angel investors continue a long tradition of supporting entrepreneurs and innovators.


VenCorps Swarms to White House Job Creation Call

GREENWICH, Conn., Feb. 16, 2011 /PRNewswire/ -- VenCorps applauds President Obama's 'Startup America' campaign, but asks where is the tool to help it produce measurable results?  VenCorps offers its answer by announcing Start-a-Startup™ -- funding 12 startup competitions during the next 12 months.  VenCorps is a social networking platform that helps entrepreneurs get their business started.


ThermoEnergy Corporation Structures Senior Debt

WORCESTER, Mass., Jan. 18, 2011 /PRNewswire/ -- ThermoEnergy Corporation (OTC Bulletin Board: TMEN), a leading supplier of wastewater recovery technology and systems, announced today that it has restructured its senior debt with a syndicate of lenders including Spencer Trask Specialty Fund, Massachusetts Technology Development Corporation, and Boston Community Venture Fund.


Spencer Trask Applauds Better Care at Lower Cost for Biotech Products

PROLOR Biotech Inc. executives ring NYSE/Euronext opening bell today

NEW YORK, June 3, 2010 /PRNewswire/ -- Spencer Trask congratulates PROLOR Biotech, Inc. (NYSE/AMEX: PBTH) for ringing the NYSE opening bell at 9:29 am EDT today.  PROLOR is a company co-founded and backed by Spencer Trask five years ago, and has recently been listed on the NYSE/AMEX and Tel Aviv stock exchanges.


Spencer Trask & Co., The Network Of Private Equity Investors, Teams With Inlieuofagift.Com For Unique Giving Opportunity On October 29, 2009

October 28, 2009 (Greenwich, CT) – Spencer Trask & Co., a leading private investment firm discovering and developing ideas to shape the 21st century, will join Leonard Kleinrock, the founder of the Internet, to honor the 40th anniversary of the Internet at a day long event at UCLA on October 29th, 2009.


Kevin Kimberlin To Speak At UCLA on 40th Anniversary of the Internet

Angel Investor, Co-founder of Ciena to reflect on access, capacity and consequences; share future outlook from birthplace of the Internet

October 27, 2009 (Greenwich, CT) – Spencer Trask & Co., a leading private investment firm discovering and developing ideas to shape the 21st century, will join Professor Leonard Kleinrock as a co-sponsor of the 40th Anniversary of the Internet event at UCLA on October 29, 2009.


Spencer Trask Ventures Inc. Leads $7 Million Innocentive Financing

InnoCentive reports increased valuation, validates its collaborative innovation network as the leading online global problem-solving community

August 18, 2009 (Greenwich, CT) – Spencer Trask Ventures, Inc., a leading private venture firm discovering and developing ideas to shape the 21st century, today announced the closing of a $7.3 million round of funding for InnoCentive.


Spencer Trask Announces Sale of Leading Data Center Software Supplier Aperture

Connecticut-Based Leadership Powers Company's Success

March 26, 2008 (New York, NY) – Spencer Trask, a leading private equity firm focused on breakthrough ideas with far reaching impact and potential, today announced the sale of Aperture Technologies, Inc. to Emerson (NYSE: EMR). The sale of Aperture is yet another example of Spencer Trask's approach to building market-leading companies by deploying its network of prominent industry and subject matter experts to help emerging companies realize their full potential. The sale of Aperture follows the recently announced sale of another Spencer Trask coup; the January sale of Boston-based Health Dialog to UK-based BUPA for $775 million.



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