WRAL TechWire Publisher and Editor Rick Smith dishes out tidbits from the local technology sector. Read the latest articles…
Denis Connaghan, Clinverse's chief executive officer, has $9.1 million in new funding to exploit changes in the pharmaceutical business that mean more opportunities for his clinical trials technology firm. He also talks about the challenges he has faced in his first year on the job in an exclusive Q&A for WRAL TechWire Insiders.
North Carolina had a chance to establish itself as a leader in the emerging trend of crowdfunding for startup businesses. The state also could have had more money to invest in economic development. But the General Assembly failed to pass the bills. And don't be surprised if our state suffers.
Founded in 2008, Durham-based Two Toasters has turned an app development niche into a booming business. The bootstrapped startup ranks No. 787 on the latest Inc. 5000 list with revenue surging 579 percent over the past three years. In an exclusive Insider interview, CEO Rachit Shukla explains why Two Toasters is so hot.
Denis Connaghan, Clinverse's chief executive officer for a year now, has wasted no time in putting his own stamp on the company. The clinical trials technology company has raised $9.1 million in new venture capital, landed a new high-profile investor, and will be gunning for more business as it aims for profitability in 2015. WRAL TechWire Insiders go inside the latest developments at Clinverse in an exclusive two-part Q&A.
The tweet from WRAL's Capitol news team says it all for crowdfunding in North Carolina: "House votes to KILL H1224 47-54." The NC JOBS Act was part of House Bill 1224, which went down to defeat after some bitter debate. The vote failed despite last-second lobbying from Secretary of Commerce Sharon Decker.
Crowdfunding startup GroundFloor is not moving to Atlanta because of the failure of the N.C. general Assembly to pass crowdfunding legislation, co-founder and CEO Brian Dally tells WRAL TechWire. In an in-depth Q&A, Dally talks about why the decision was made, that the firm could have raised more than the $1 million announced Tuesday, and deal flow is good. So good, in fact, that they expect to raise another round of financing later this year.
ChannelAdvisor went public just a year ago, but the Morrisville-based provider of international ecommerce services has not let up on new product development. Looking for ways to expand its market, the company hired an outside research firm to conduct an in-depth survey among hundreds of firms utilizing ecommerce. What did ChannelAdvisor find out, and how are the results shaping future plans? WRAL TechWire has the details for Insider subscribers.
As the General Assembly enters showdown week over several key bills, entrepreneurs, solar power backers, investors and job recruiters have a lot riding on the fate of "HB 1224." There's much more at stake than crowdfunding as GOP leaders search for a way to reach a truce.
Inside Windsor Circle's new round: Why Comcast as investor, how Steve Case helps, new jobs, expansion
Ecommerce startup Windsor Circle went national in searching for new venture capital. Why? And how is AOL founder Steve Case helping as an investor? How does the Durham firm plan to spend its new cash, and are new offices on the horizon? CEO Matt Williamson goes on the record for WRAL TechWire Insiders.
Backers of the NC JOBS Act, which would permit crowdfunding for startups in North Carolina, may not get their wish for passage as heated political debate drags on in the state's General Assembly. Crowdfunding as well as economic development issues such as a new job development fund are part of a package that still divides House and Senate.
Windsor Circle's Matt Williamson and his team are showing other entrepreneurs how to grow a successful business and - in these days of tight capital at least locally - the way to land venture capital. Williamson shares his three secrets for raising VC.
A new report from CB Insights, which tracks the venture capital industry, documents for the first time the importance of crowdfunding to startups not only for initial capital but also as a way to ignite interest from institutional investors. But in N.C., there's a problem: The state has yet to approve crowdfunding legislation.
AT&T is in the process of engineering its ultrafast Internet footprint in the Triangle as part of the North Carolina Next Generation Network initiative, and a preview of what's coming began Monday in Texas. Customers in Austin can now get access to gigabit Internet in some areas. Here's a look at what AT&T is offering and what competitors are doing.
How fast - or slow, depending on your point of view - is overall Internet access in North Carolina? How about slower than in South Carolina, Tennessee, Georgia and especially Virginia? In fact, the tar Heel state ranks 30th, according to a new report. The data shows new fiber networks can't be deployed quickly enough to satisfy net users thirsting for speed.
The N.C. House and Senate meet again this week to try to wrap up businesses, and a bill that contains crowdfunding as well as economic development legislation remains in limbo. Backers are calling for crowdfunding to be voted on separately by the Senate but it's "hard to say" if the politicians will go along.
Raleigh attorney Jim Verdonik, one of the most experienced and outspoken experts when it comes to the ins-and-outs of startup and emerging company financing, says a crowdfunding bill that could pass at any time in the General Assembly is good news. But don't expect miracles. Plus, he notes, the SEC has yet to implement federal legislation known as the JOBS Act. He calls the delay a "disgrace."
NC JOBS Act calling for crowdfunding is included in a big bill the Senate in the early hours of Friday. Next step is a vote in the House where the bill was hit by a barrage of criticism earlier this week.
The latest program in several geared to helping entrepreneurs launch and grow businesses in the Triangle is Startup Grind. The global group, backed by Google for Entrepreneurs, is launching a Raleigh chapter led by local entrepreneur Dannielle Williams-Prades. And she is bringing a lot of energy to the job, as she explains in an exclusive Q&A with WRAL TechWire.