New Company, Big Steps Forward: March 1, 2019 Portfolio Update
DAtAnchor Joins OIF Portfolio While Other Companies Have Breakthroughs
The list of Ohio Innovation Fund portfolio companies continues to grow with the recent addition of DAtAnchor. This major addition is just one of the highlights of the month of February with OIF, with other portfolio companies reaching big milestones and being featured prominently in their local media.
DAtAnchor Brings Data Security to OIF Portfolio
The newest addition to OIF’s portfolio is data security solution DAtAnchor, based in Columbus. DAtAnchor offers information security options for a variety of markets, using crypto-technology to effectively “anchor” data within a network, making it easier to prevent breaches, detect them in the event that they occur and quickly recover from them to mitigate loss of information.
Spirosure’s Fenom Pro Product Achieves FDA Clearance
Breath analysis device company Spirosure announced in late February that its Fenom Pro Asthma Monitor has been approved by the FDA. The device, which measures exhaled nitric oxide – a biomarker for airway inflammation – in breath, is intended for use by allergists, immunologists and pulmonologists for management of patients’ asthma.
“Successful completion of this pre-submission meeting represents a further key milestone of advancing Fenom Home toward the market. We are excited at the potential benefits offered for this first-of-its-kind home FeNO monitor and accompanying smartphone app for asthma patients once approved, and we look forward to submitting this groundbreaking FeNO-measuring product for regulatory clearance within a year.”
–Spirosure Chairman and CEO Dr. Solomon Ssenyange
Wiretap Scores Featured Media Profile
In conjunction with its being named one of the Best Places to Work in Columbus in November, security intelligence platform Wiretap was the subject of a lengthy profile in Business First Columbus. The piece gives an overview of the company’s focus on transparency, highlighting its product as well as its corporate culture.