Snowflake, formerly the division of Memphis-based Luminetx that was adapting VeinViewer technology for security purposes, is formalizing its corporate independence. Erstwhile Luminetx CEO Jim Phillips is back onboard, and will apparently be raising capital for the newly independent venture. The Memphis Daily News reports. Among Snowflake's board members is Brad Silver, CEO of Computable Genomix, which is also raising capital. Silver was, himself, formerly with Luminetx, having been recruited there by Phillips. Related Luminetx posts here.
Friday, March 05, 2010
Snowflake emerges from Luminetx fall
Snowflake, formerly the division of Memphis-based Luminetx that was adapting VeinViewer technology for security purposes, is formalizing its corporate independence. Erstwhile Luminetx CEO Jim Phillips is back onboard, and will apparently be raising capital for the newly independent venture. The Memphis Daily News reports. Among Snowflake's board members is Brad Silver, CEO of Computable Genomix, which is also raising capital. Silver was, himself, formerly with Luminetx, having been recruited there by Phillips. Related Luminetx posts here.
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