Technology
Cross River Announces $620 Million Capital Raise Led by Eldridge and Andreessen Horowitz to Accelerate Next Stage of Growth
| Press Release
March 30, 2022FORT LEE, N.J.–(BUSINESS WIRE)–CRB Group, Inc., the parent company of Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced a $620 million financing. The round was led by Eldridge and Andreessen Horowitz, with participation from funds and accounts advised by T. Rowe Price Investment Management, Inc., Whale Rock and Hanaco Ventures. Several of …
NJBPU Awards More Than $1M in Grants for EV Chargers
| Press Release
March 22, 2022The New Jersey Board of Public Utilities on Monday awarded more than $1 million in grants for the installation of electric vehicle chargers at 24 key tourist destinations across the Garden State as part of the state’s Electric Vehicle Tourism Program. It’s a milestone moment, Gov. Phil Murphy said. “Over the past four years, our administration has worked rapidly to make EV ownership …
Governor Murphy to Lead Economic Mission Trip to Ireland
| Press Release
March 17, 2022PATERSON – New Jersey Governor Phil Murphy will lead a four day, two-city economic mission trip to Ireland in April. The delegation will visit Dublin and Cork, two of Ireland’s largest cities and economic engines, both globally recognized for their thriving technology, life sciences, financial services, and research sectors. As one of the United States’ largest trading partners, the mission …
Audible Signs $1 Million Deal with 1Huddle
| Press Release
March 16, 20221Huddle, a workforce tech company based in Newark that onboards, upskills and develops employees through the use of science-backed, quick-burst mobile games, has closed a $1M deal with Audible, the leading creator and provider of premium audio storytelling. The partnership will make 1Huddle’s offerings available to Audible employees through onboarding and continued corporate learning and development. This new contract will …
NJ Ranks in Top 10 States for VC Dollars Invested
| Press Release
March 8, 2022Trenton, N.J. (March 4, 2022) – The New Jersey Economic Development Authority (NJEDA) today announced that New Jersey now ranks ninth in the nation based on venture capital (VC) dollars invested per state. According to PitchBook, innovation-focused companies in New Jersey secured $5.5 billion in 219 venture capital deals in 2021, up from $1.7 billion thorough 154 deals in 2020. This represents a …
TCS to Expand STEM Education Programs in New Jersey and Add 1,000 New Employees by 2023
| Press Release
February 3, 2022Tata Consultancy Services Increases Presence in the Garden State, Impacting Local Communities EDISON, NEW JERSEY | MUMBAI, February 3, 2022: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, announced plans to expand its operations in New Jersey by hiring nearly 1,000 additional employees by the end of 2023 to meet the growing …
Brookdale to build $2.5M Center of Excellence for Cybersecurity
| ROI-NJ
October 25, 2021Brookdale Community College announced Monday that it will build a $2.5 million Center of Excellence for Cybersecurity Education — an effort that will enable the school to expand its cybersecurity and related technical education offerings and programs. Brookdale, a leader in cybersecurity education, is one of New Jersey’s two community colleges to hold the NSA/Department of Homeland Security designation as a National Center …
SciTech Scity: ‘A place where you can see the future’
| ROI-NJ
October 22, 2021Paul Hoffman is more than just the CEO of the Liberty Science Center and one of the foremost minds on all things STEM in the country. He’s a fabulous storyteller, too. Anyone who has ever heard Hoffman, in his trademark T-shirt and sneakers, wow a crowd from behind a lectern is nodding their head. Friday, in the LSC parking lot, and on …
SciTech Scity, game-changing innovation campus, to break ground today
| ROI-NJ
October 22, 2021Liberty Science Center’s transformational “City of Tomorrow” will take a step closer to reality today. SciTech Scity, a long-planned and hoped-for 30-acre innovation campus that aims to launch and grow world-changing science and technology companies and reimagine public school science education, held a groundbreaking Friday morning in Jersey City. SciTech Scity aims to bring together scientists, community leaders, teachers, students …
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Ryan Fox
Senior Business Development Officer