Safeguard Scientifics, Inc., founded in 1953 and headquartered in Wayne, Pennsylvania, is a holding company that builds value in growth-stage technology and life sciences businesses in the U.S. and Canada by providing capital as well as strategic, operational and management resources. It takes part in expansion and early-stage financings, corporate spin-outs, management buyouts, recapitalizations and industry consolidations, typically investing between $5 million and $50 million in each partner company.
In life sciences it targets molecular and point-of-care diagnostics, medical devices, regenerative medicine and specialty pharmaceuticals; in technology, internet and new media, software as a service, financial services IT and healthcare IT. Over more than fifty years its track record has included Novell, QVC, Cambridge Technology Partners, Internet Capital Group, CompuCom Systems and Traffic.com. The company reported that its partner companies’ aggregate revenue for the quarter ended June 30, 2010 was $91.6 million, up 47% from a year earlier.
NYSE: SFE · Venture investing