TROY - In-Wheel Electric Motor company Protean Electric announced this week that it has completed a $40 million equity investment as the initial closing of its Series E funding round. Protean, founded in 2009 as a spinout of a bankrupt English electric motor manufacturer, has approximately 110 employees. The company has research and engineering offices in
ROYAL OAK - Michigan Virtual University, which celebrated its 20th anniversary in May, published a report that shows the growth of online learning has been accompanied by mixed results. The statewide pass rate was 55 percent. About one in four Michigan public school students who took at least one online course did not pass any
ROYAL OAK - Guneet Bedi is the vice president sales and general manager Americas at relayr, a complete IoT Solutions using a combination of software, consulting services, insurance, and finance to help manufacturers stay relevant in the age of Industry 4.0 Bedi, in an interview on M2 TechCast, said relayr allows original equipment manufacturers migrate
ROYAL OAK - How do you secure your data with Microsoft’s Enterprise Mobility plus Security platform? Red Level Senior Consultant Mark Dreyer explains in this M2 TechCast interview. In this podcast, Dreyer explains what EMS is and what it can do for businesses. He says from past conversations with clients they want to get connected
ROYAL OAK - Kathleen Norton Schock joins M2 TechCast co-hosts Mike Brennan and Matt Roush to update what’s happening with her podcast series, called Diva Tech Talk, and the latest news and information about the Michigan Council of Women in Technology, including the MCWT IT Executive Connection Summit 2018 Thursday at the Marriott Hotel in
SAN FRANCISCO - More than half a million routers and network devices in 54 countries have been infected with sophisticated malware, researchers from Cisco's Talos Intelligence Group warn. The malware, which the security researchers are calling VPNFilter, contains a killswitch for routers, can steal logins and passwords, and can monitor industrial control systems. An attack
ANN ARBOR — Kraig Biocraft Laboratories Inc. announced what it called “a major breakthrough in the construction of DNA encoding for spider silk proteins.” Kraig has developed techniques to splice spider genes into silkworms, leading the silkworms to produce silk that has some of the high strength properties of spiderweb material. The new protocols were
ANN ARBOR — Esperion Therapeutics Inc. announced positive top-line results from the third of five pivotal Phase 3 studies expected to be reported this year to evaluate the efficacy in lowering so-called bad cholesterol. The tests were done on Esperion's, lead drug candidate, bempedoic acid, at a dose of 180 milligrams, vs. placebo in high-risk patients
ANN ARBOR — Duo Security, the Ann Arbor-based provider of cybersecurity products and services, has released its third annual Duo Trusted Access Report, a look at the security state of the employees, contractors, devices and applications that make up the IT environments of Duo’s more than 10,000 customers worldwide. The 2018 report analyzes nearly 11
ANN ARBOR — The Ann Arbor customer relationship analysis firm ForeSee has introduced a new version of its ForeSee CX Suite. The company says the software helps companies turn customer feedback into concrete steps to improve customer satisfaction, and identifies which actions will provide the most help. The latest version of the ForeSee CX Suite
