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Startup is developing targeted solutions for targeted diseases to address antibiotic resistance, one of today’s biggest threats to global health  “Techulon is advancing a new generation of therapeutics with broad application based on technology that is highly selective of disease targets. This results in more effective drugs that exhibit fewer side effects to patients,” said Tom Weithman, Managing Director of CIT GAP Funds and Virginia Founders Fund. “The startup has already demonstrated the benefits of this targeted approach and is working towards human proof-of-concept studies and translating these findings into clinical applications. We look forward to being part of Techulon’s success.” Startup’s portable device uses advanced data forensics and monitoring techniques to provide complete data protection and detect threats to a user’s endpoint device  “While billions of dollars have been spent protecting and securing traditional endpoints, very little has been invested to protect mobile device endpoints. Attackers work on the same model as any other business, in which they are looking to get the greatest return on their investment of time and resources,” said Tom Weithman, CIT Chief Investment Officer and Managing Director of CIT GAP Funds. “Even in the company’s early stages, Cervais is positioning itself as a major competitor to take advantage of the security issues surrounding both consumer mobile devices and the IoT market. We look forward to following their continued success.”  Great story in the news last night on a vital group effort to bridge the internet access gap ahead of the school year and help make #broadband economically feasible in hard to reach places in #Virginia! Interviews with Stafford County CTO Michael Cannon and #CITSMART David Ihrie and Keith Walker, CEO of Aer Wireless as well as Pete Torres and his kids (Homeowners association and pilot program participant.) We are working together to pilot a new technology that could help make broadband economically feasible in hard to reach places. The County has a VATI grant. It would look for more funding there to expand coverage beyond the initial pilot. Aer will also provide private service offerings to homes that can access the signal but not eligible for the pilot since they don’t have kids in Stafford schools.  - Multi-agency collaboration to create pilot program that will help ensure Virginia has the safest and most open UAS airspace in the U.S.  |
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Updated 10/22/20