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