WRAL Tech Wire

 Rex Healthcare to invest $10M in startups, plans other new business initiatives

The Raleigh-based healthcare launches Rex Health Ventures, an investment fund, and is seeking another $10 million from other backers. Veteran investor Merrette Moore is advising Rex. Other startup programs include a grant program, a technology facilitator and a leadership exchange program.

NCSU grad builds biofeedback controller

Advancer Technologies' "USB Biofeedback Game Controller" harnesses the power of electromyography to allow players to directly control video games with their muscles.

 Plug-in controls videogames with a flex

Brian Kaminski, of Advancer Technologies, hooked up electrodes to his arms, so when he flexes or twitches, he can control his Super Mario Brothers. The biggest benefit could be in physical therapy.

 Online holiday shopping - or 'couch commerce' - to set records, reports say

More consumers than ever will be searching for bargains online, using their smartphones, iPads or PCs at home with e-commerce expected to generate more than 5 percent of overall sales. ChannelAdvisor, a Triangle-based company, is helping fuel that growth by supporting numerous major retailers such as Amazon, Victoria's Secret, Saks Fifth Avenue, Office Depot and Dell.

 Cary firm: $19 a month wireless service ignites 'overwhelming' response

Bandwidth.com is rolling out a wireless calling and data service through a subsidiary called Republic Wireless. It utilizes an Android-equipped smart phone that costs $99. Unlike cellular service, the Republic offering blends Wi-Fi and cellular.

 Former VC is new leader at Georgia Tech Enterprise Innovation Institute

 Yap to help smartphone users jog their memories

Memory Jogger developer picks Charlotte-based startup for voice-to-text conversion technology.

 Bank of America to provide financing for Tesla’s $100,000 all-electric Roadsters

 UNC-CH computer scientist receives $200,000 Microsoft fellowship

 Charlotte-based Frontier Capital sells stake in Peak 10

Nebraska-based McCarthy Capital buys minority stake in managed services and data hosting provider as part of a 'recapitalization.'

 'The sun will rise again,' VC firm Wakefield still in action, general partner says

Contrary to rumors and speculation about a possible demise, Wakefield Group is open for business, Steve Nelson stresses. ‘Doing great, especially all things considered,’ he says. Wakefield recently made an exit from one investment, remains active in others.

 Small Business Administration boosts venture funding available from SBIC program

Small Business Investment Companies, which are privately held, have $17.4 billion under management and are licensed by SBA.

 Deadline to apply for SEBIO investor conference nears

 WSJ: Data Domain’s payoff to its VC backers is a whopper

 Interactive marketing agency Definition 6 lands $15M investment

Navigation Capital Partners signs on as new investor in Atlanta-based company that touts itself as largest independent net-focused agency in southeast.