Comments
Niklas Bjorkman wrote: Firstly I agree with your conclusion. NewSQL takes the best of the traditional databases and NoSQL databases to combine the benefits of both worlds. I do not agree that NewSQL vendors focus on giving scale-out features to transactional data. The NewSQL market is focusing on giving true ACID support combined with extreme performance, stepping away from the traditional relational structures in databases. A lot of developers appreciate the ease of accessing data using SQL and I think we will see more and more databases supporting standard SQL. As you said - NewSQL databases often maintain the...

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Today's Top SOA Links


TruTouch Technologies Tops Up $4.3M B-1 Round of Financing; iTulip Community & Launchpad Venture Group as Leads

TruTouch Technologies, a pioneer in non-invasive biometric alcohol detection systems, today announced that it has topped up its B-1 Financing to $4.3M, which will enable the company to build sales revenues towards profitability.

Dr. Richard D. Gill, President & CEO of TruTouch, said, “This Top Up Financing coincides with the commercial launch of our TruTouch 2500 alcohol detection device that monitors fitness for duty in workplace applications. The TruTouch measurement offers employers, individuals, and society in general the tools to intercept alcohol consumption before it does harm.”

TruTouch products employ an advanced alcohol detection technology that uses light to measure a subject's alcohol level without collecting bodily fluids or other invasive means. A user places a finger on a fiber optic touchpad that analyzes the alcohol concentration in the user's body while simultaneously verifying the identity of the user. Unlike other technologies, TruTouch products require no user training, no disposables, no samples such as blood, urine or breath, and no operator assistance or supervision. The self-administered test detects employee alcohol use, allowing employers to take action before a shift begins and preventing impaired employees from performing high risk occupations or activities.

Eric Janszen, Founder of iTulip, Inc., said, “Our community is supporting the launch of the TruTouch 2500 by providing the necessary capital to enable TruTouch Management to address the next stage of growth in a growing market. We are proud, along with Launchpad Venture Group, to have lead in the syndication of this Top Up of the round of financing.”

Current TruTouch applications include:

  • Workforce Workplace Safety Systems

Future TruTouch applications include:

  • Medical Diagnostic Systems
  • Alcohol Point-Of-Sale Liability Reduction Systems
  • Law Enforcement Systems
  • Industrial Safety Systems

About TruTouch Technologies

TruTouch Technologies, Inc., develops, manufactures and sells patented noninvasive biometric alcohol testing systems into both existing and emerging alcohol testing markets. Inspired by the potential to place its passive, durable systems virtually anywhere, TruTouch's vision is to create a world where alcohol consumption is routinely intercepted before it does harm.

About iTulip, Inc.

iTulip, Inc., is the Lexington, MA based global online economics and financial markets community founded by Eric Janszen in 1998 with more than 50,000 members and 1,000 subscribers from 75 countries, that The New York Times, CNBC, and others credit with more than a decade of accurate economic and market forecasting.

About Launchpad Venture Group

Launchpad Venture Group is a Boston-based angel investment group that provides funding to early-stage companies. LVG seeks innovative, technology-driven startup companies addressing a significant market opportunity where investment can make a difference. LVG introduces entrepreneurs to potential investors through business plan presentations at monthly meetings. LVG consists of individual angel investor members interested in achieving superior returns by financing privately held companies at an early stage of development. LVG is the largest angel investing group in the Northeast, with a broad base of very active members coming from a variety of backgrounds and professions, including the technology, financial service, industrial and life science communities. As a group, LVG is well connected to potential customers, service providers, partners and future sources of financing.

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Web 2.0 Latest News
Our more interconnected planet is accelerating the adoption and convergence of next-generation architectures, in the form of cloud, mobile and instrumented physical assets. Organizations that can effectively balance optimization and innovation, will be in a position to leverage new sys...
“Trust is an ongoing journey and sits at the foundation of any vendor relationship – the companies that don’t consistently earn trust won’t be around long,” noted Henrik Rosendahl, Senior VP of Cloud Solutions at Quantum, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Ge...
A recent study by analyst firm IDC reports that in 2012, 1.7 million cloud computing-related roles across the globe could not be filled due to the lack of training, certification and experience in the applicant pool. As the global demand for cloud and big data expertise increases, empl...
There’s an inherent sense of almost forced innovation that appears to pervade the information technology industry. As we constantly push forward into perpetual cycles of reinvention, continual enhancement and augmentation after augmentation, one almost has to stop and ask what’s wrong ...
New technologies allow schools, colleges and universities to analyze absolutely everything that happens. From student behavior, testing results, career development of students as well as educational needs based on changing societies. A lot of this data has already been stored and is us...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021


SYS-CON Featured Whitepapers
ADS BY GOOGLE