WRAL Tech Wire - Venture/Innovation

NCSU grad builds biofeedback controller

Fri, 06 Jan 2012 19:22:45 -0500

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

Fri, 06 Jan 2012 19:28:22 -0500

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

Sun, 20 Nov 2011 10:46:09 -0500

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

Sun, 13 Nov 2011 08:20:31 -0500

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

Mon, 20 Jul 2009 07:06:55 -0400

Stephen Fleming, a former venture capitalist and telecommunications engineer, is the new head of the Georgia Tech Innovation Institute.

Yap to help smartphone users jog their memories

Tue, 21 Jul 2009 07:44:47 -0400

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

Thu, 16 Jul 2009 12:54:43 -0400

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

Wed, 15 Jul 2009 15:04:50 -0400

Svetlana Lazebnik, an assistant professor of computer science at UNC-Chapel Hill, is one of five people selected for a Microsoft New Faculty Fellowship Award.

Charlotte-based Frontier Capital sells stake in Peak 10

Wed, 15 Jul 2009 07:12:13 -0400

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

Thu, 16 Jul 2009 07:59:10 -0400

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

Mon, 13 Jul 2009 13:30:45 -0400

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

Mon, 13 Jul 2009 13:01:32 -0400

The deadline for companies seeking to present at the 11th annual SEBIO investor conference is July 24.

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

Tue, 14 Jul 2009 07:55:58 -0400

Want to know why venture capitalists so long for initial public offerings as an exit for their portfolio companies? Further, why do some of the VCs hang on to some of their ownership share?

Interactive marketing agency Definition 6 lands $15M investment

Mon, 13 Jul 2009 11:05:05 -0400

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

Venture fund raising plunges in 2Q – Both in number of funds, value

Mon, 13 Jul 2009 09:35:27 -0400

VC industry could be on track to raising lowest amount of money since 1997, latest NVCA and Thomson Reuters statistics show. Only $1.7 billion is raised by 25 funds in second quarter.