The Skinny

The Skinny

WRAL TechWire Publisher and Editor Rick Smith dishes out tidbits from the local technology sector.

Updated 6:15 a.m. yesterday

Premium Lock Executive Q&A: Practichem CEO talks new funding, hiring plans, benefits of relocating to Triangle

Practichem, a biotechnology instrumentation and software startup based in Raleigh, is a company you may not have heard much about. Until Thursday. Landing $5 million in funding is generating buzz. In an exclusive Q&A, its founder and CEO talks about plans for the funding, hiring, sales, new products, and the benefits of moving to Raleigh from Wisconsin.

Nick DeMarco Nick DeMarco

Updated 7:41 a.m. Wednesday

Double winners: HQ Raleigh, Red Hat share Full Steam awards spotlight

Full Steam Ahead awards  HQ Raleigh and Red Hat each captured two awards in WRAL TechWire's fourth "Full Steam Ahead Awards" on Tuesday night. Dave Rizzo, foounder of NC IDEA and IDEA Fund Partners, and Research Triangle Regional Partnership CEO Charles Hayes are among five lifetime service award recipients.

Updated 7:40 a.m. Wednesday

Premium Lock Cash for tech: Windsor Circle to invest new funding in development

Fresh from closing on a new round of $4.1 million in venture funding, Windsor Circle CEO explains what he plans to do with the funding.

Matt Williamson Matt Williamson

7:37 a.m. Tuesday

Don't miss your chance to celebrate with Full Steam Ahead Award winners

Time is running out for you to get free tickets to Tuesday night's Full Steam Ahead Awards celebration from WRAL TechWire. We will be handing out 12 awards and five life time service honors - as well as our coveted engineer caps. Check out the list of finalists - and be there to find out who wins. We've also added some door prizes, including Durham Bulls tickets.

Dr. Charles Hamner took home two engineer caps Dr. Charles Hamner took home two engineer caps

Updated 7:16 a.m. Tuesday

Premium Lock CED to unveil Entrepreneur Hall of Fame on Founder Day

CED Council for Entrepreneurial Development The Council for Entrepreneurial Development is launching an Entrepreneur Hall of Fame to honor in part its past - which includes old logos such as the one featured with this post. Green jackets for the winners?

Updated April 22

The Full Steam Ahead Award finalists are ...

Full Steam Ahead awards  The voting was heavy, and the final results were very close in WRAL TechWire's "Full Steam Ahead Awards." We're announcing the finalists today. If you want to know who wins, you have to be at the celebration.

April 21

A salute to Dave Rizzo, a driving force behind NC's entrepreneurial explosion

Dave Rizzo From the WTW archive: North Carolina's startup community has come a long, long way since the dark days of the "dot com" bust in 2002. In 2015, startups and emerging companies raised more investment capital than in any year since the boom's pinnacle. While success has many fathers, as the saying goes, one leader deserves a big share of the credit for the revival and the remarkable state of startups today across the state. His name is Dave Rizzo. Here's the backstory - and an appreciation.

April 21

Former NC IDEA, MCNC exec Dave Rizzo to receive Full Steam Ahead award

Dave Rizzo, the former Charlotte entrepreneur who rebuilt MCNC and then established venture capital firm IDEA Fund partners as well as the economic development group NC IDEA, will receive a life time service award from WRAL TechWire at its Full Steam Ahead Awards celebration.

Dave Rizzo Dave Rizzo

Updated April 21

Raleigh Chamber defends call for HB2 repeal despite criticism

The CEO of the greater Raleigh Chamber of Commerce is standing by the organization's demand that the North Carolina General Assembly repeal House Bill 2 even as its own website includes angry reaction to the decision. Not all Chamber members supported the decision, either. But Tim Giuliani says the demand "puts policy over politics."

Tim Giuliani  Tim Giuliani

Updated April 20

Premium Lock Internet of Things, cloud are latest targets for SAS

While smart refrigerators and homes, ever-increasingly complex hand-held devices and machine-to-machine communications receive plenty of IoT hype, complex analytics through which companies can rapidly process crucial data also is a huge opportunity. So says SAS, which is making a big play in the Internet of Things.

April 20

Raleigh Chamber: Tech firm nixed 1,000 jobs due to HB2

HB2 debate   The Triangle's high-tech and startup communities have been among the most outspoken critics of "HB2," and the Greater Raleigh of Chamber of Commerce weighed in on the battle Tuesday. Its CEO called for "immediate repeal" of the bill, pointing out that a tech company had pulled a possible 1,000 job expansion.

April 19

Premium Lock Is Wall Street turning on IBM's Rometty? Analysts, media grumble

IBM Chair and CEO Ginni Rometty is four years into her transformation efforts at Big Blue, but another quarterly earnings report sent shares down 5 percent in after-hours trading Monday. IBM beat Street expectations yet investor's reaction and how the media reported the company's continuing challenges could show patience with Rometty is beginning to run out.

IBM's Ginni Rometty  IBM's Ginni Rometty

Updated April 20

Counting down to Full Steam: Remembering all previous winners

Full Steam Awards Vote Promo Record number of nominations. Record number of voters. A record crowd? As WTW remembers previous Full Steam Ahead Award winners, here's a reminder: Time is running out to get your free tickets.

April 15

Premium Lock 'Good quarter:' $111M for NC startups, says MoneyTree report

The MoneyTree logo The third significant venture capital report is in and it's a "good quarter," says one venture tracker. As for the rest of 2016, it is likely to be challenging, say numerous Triangle executives. But the underlying strength of N.C.'s startup ecosystem appears to be very strong.

Updated April 14

Premium Lock Triangle startup optimism dips for hiring, revenue growth, spending

Economy Entrepreneurs in the Triangle are still optimistic about their businesses come what may over the next six months, but they aren't quite as excited as at the same time a year ago, a new NCSU Entrepreneurship Clinic survey reports. Are politics to blame?

Updated April 15

Premium Lock New VC report shows third straight decline for NC funding, but ...

Dollar sign      From bullish to bearish in just a few months for North Carolina venture deals? Could be. The second of three major venture capital funding reports is out, and it too reports that deals have dried up substantially so far this year. However, there's a caveat.

Updated April 13

Premium Lock First '16 VC report: NC fundings, deals drop in Q1

First-quarter venture capital funding and deal flow both fell sharply from a year ago, according to a report from CB Insights. It's the first of three major reports that examine what's happening in startup financing.

US quarterly VC funding, deals US quarterly VC funding, deals

Updated April 14

Premium Lock Keeping 'cloud' private: House advances tougher privacy act

e-mail    The FBI's battle with Apple to "crack" a terrorist's iPhone has helped raise public awareness of government intrusion into even the most secure private data. The Senate is discussing a ban on unbreakable encryption. But Wednesday the House moved closer to protecting our data with changes to the Electronic Communications Privacy Act that will end the government's ability to obtain information without a warrant after 180 days. Many tech firms had endorsed the revision.

Tags: Internet
Updated April 13

StarShot: A moonshot to the stars, the ultimate entrepreneurial challenge

For those of us who remember watching Neil Armstrong's "one giant leap for mankind," who have savored Star Trek and science fiction for decades, who spent hours peering at the stars to track Sputnik in orbit, space has never lost its allure. We dream. We pray for a better future "out there." And now an entrepreneur with the help of the remarkable Stephen Hawking could be on the verge of taking interstellar flight into new, much faster realms. But they need help from entrepreneurs. Perhaps you are one of them. Perhaps our children and grandchildren will live to hear or read a text message: "Alpha Centauri dead ahead ..."

To Alpha Centauri? To Alpha Centauri?

April 12

Premium Lock Lenovo: 'Laser-like focus' on US market pays 'strong dividends'

Its sales worldwide are declining - with one big exception: The United States. And Lenovo's chief operating officer says improving sales is a direct result of the company's "laser-like focus."

Gianfranco Lanci Gianfranco Lanci