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Case Studies

 



Ciena

"A Jackpot for the Record Books"

Ciena_logoAs the network specialist, Ciena helps form the backbone of today’s Internet. Ciena offers leading network infrastructure solutions, intelligent software and supporting services. Its solutions form the foundation of many of the world’s largest, most reliable networks serving, enterprise, government, research and education markets across the globe.

 

Health Dialog

Empowering the Patient

health_dialogGetting healthcare right is one of the largest problems in the world economy. Medicare alone has projected unfunded liabilities of $36 trillion.By solving an important part of this problem, Health Dialog Services Corporation is transforming healthcare.

 

Myriad Genetics

Combating the DNA of Disease

MyriadFrom the propensity to develop disease, to the progression of illness, to the impact of treatment, one’s genetic makeup plays a significant role in both how we live and how we die.  Yet, it wasn’t until the mid-20th century that Nobel Prize winners James Watson and Francis Crick discovered the exact chemical structure of DNA, the basic material in genes.

 

Next Level Communications

Taking it to the Next Level

next_level_logoDealing with infrastructure deficiencies, severe bandwidth constraints and an overall lack of responsiveness, U.S. telephone companies in the 1990's simply lacked the ability to connect their customers with high-speed broadband services.

A division of General Instrument, Next Level Communications made the technical breakthroughs necessary to upgrade the existing terrestrial telecommunications network. As Forbes Magazine put it, Next Level Communications was “one of the great ideas of the late 1990’s.”

 

Source Foods

Nextra In Line

nextraToday, chronic diseases such as heart disease, diabetes, stroke, and arthritis are collectively responsible for more than 70% of all deaths and an equally significant share of the $1 trillion spent annually on health care in the United States. Much of this can be attributed to poor eating habits and an unhealthy diet.

To remedy these staggering numbers, Source Foods has developed a proprietary technology platform to improve the health profile of oils used in the preparation of many foods. Their manufacturing processes “nutrify” oils, stripping cholesterol, odors, and other impurities from edible fats, while increasing stability and maintaining superior quality and taste.

 

TechRx

Prescription Strength - An Opportunity to Help Millions

techRxOne of the most pressing problems in healthcare is the access and affordability of pharmaceuticals. As the world’s population ages, demand for drugs grows inexorably, while the population of pharmacists is shrinking.

Spencer Trask portfolio company TechRx had a solution. Offering backbone solutions for pharmacy commerce, online and mail order efficiency systems, TechRx was poised to make a significant impact in prescription drug distribution.

 

Challenges

Active Challenges: 7

Award Total: $105,000

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