11:06 a.m. Wednesday

Premium Lock Inside Inc. 5000: Two Toasters' mobile apps deliver 579% growth

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.

An app built by Two Toasters An app built by Two Toasters

Updated 10:12 a.m. Wednesday

Premium Lock Clinverse CEO: New venture funding to drive expansion, create new jobs

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.

Denis Connaghan Denis Connaghan

Updated 9:53 a.m. Wednesday

Cisco's COO: Big layoffs 'just the wrong way to do it'

A blogger about Cisco obtained access to internal video and audio recordings of company execs discussing the tech giant's new layoff round that will affect some 6,000 workers. Business Insider published some of the information, including an interesting remark from Chief Operating Officer Gary Moore. Plus, a new report shows one reason why Cisco is facing challenges: Its router market share has plunged.

Cisco COO Gary Moore talks jobs as Gov. McCrory listens Cisco COO Gary Moore talks jobs as Gov. McCrory listens

Updated 9:33 a.m. Wednesday

Some 200 NC firms, including several Triangle tech ventures, crack new Inc. 5000

Some 200 companies from around North Carolina - including several tech ventures based around the Triangle - are among the latest Inc. 5000 list released early Wednesday. We've got the list: Two Toasters, Netsertive, Appia, ReverbNation, Bronto, Brooks Bell - and many more.

Inc. 5000 Inc. 5000

9:31 a.m. Wednesday

Premium Lock Inside Inc. 5000: Wilmington startup Go Energies Is NC leader

Go Energies, a software and hardware startup focused on services related to the fuel industry, ranks No. 10 on the new Inc. 5000 list. That performance - 16,007 percent revenue growth over three years, also makes the company the No. 1 North Carolina firm on the list.

Go Energies Go Energies

9:14 a.m. Wednesday

Premium Lock Inside the Inc. 5000: Raleigh-based Aseptia ranks No. 15

Aseptia, the venture capital-backed firm formerly known as Wright Foods, uses proprietary technology to produce preservative-free foods. The company came in No. 15 on the new Inc. 5000 list with three-year revenue growth of an astounding 12,427 percent. It's also creating jobs. Lots of them.

A Wright Foods packaging machine A Wright Foods packaging machine

Updated 7:39 a.m. Wednesday

Clinical trials tech firm Clinverse raises $9.1M, eyes 'more aggressive' strategy

Clinverse, which focuses on financial management tools to be used in clinical trials, has raised $9.1 million in a new round of venture capital funding. Durham-based Hatteras Venture Partners is part of the round.

Clinverse Clinverse

6:52 a.m. Wednesday

Uber hires Obama exec; Salix near deal close; Ballmer leaves Microsoft board; Lenovo's NFL Fantasy; HTC's new phone

Bulldog In today's Bulldog roundup of tech and life science news: Uber hires former Obama exec to help with lobbying; Salix nears deal close; Ballmer quits Microsoft board; Lenovo's new NFL Fantasy contest; HTC's new phone runs Windows.

Updated 6:35 a.m. Wednesday

Crowdfunding killed in NC; bill backer criticizes Senate strategy

NC JOBS Act   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.

6:31 a.m. Wednesday

So I hired a felon: An update on the law of negligent hiring

Ward and Smith, P.A. TechLaw: Negligent hiring is a hit, but mostly a miss, claim for relief that has evolved in the domain of employment law.

2:29 p.m. Tuesday

Verizon topples AT&T in wireless service tests

Verizon Verizon tops AT&T as the most reliable and fastest wireless service provider in the Triangle and across North Carolina, according to test data compiled by research firm RootMetrics. AT&T, which topped the survey in 2013, did score best in texting.

12:49 p.m. Tuesday

$4.1M federal grant could put BioCryst in Ebola fight - next time

It's tempting to think BioCryst might have the club that could beat down the frightening disease that's producing daily headlines out of West Africa. So far it's believed to have infected more than 2,100 people in 2014 and killed 1,145 in Guinea, Liberia, Nigeria and Sierra Leone. But this Ebola outbreak will most likely be history by the time BCX4430 becomes a useful clinical weapon.

Ebola virus Ebola virus

Updated 12:02 p.m. Tuesday

Crowdfunding startup GroundFloor leaving Triangle, raises $1M

With crowdfunding legislation bogged down in the N.C. General Assembly, startup GroundFloor is leaving the Triangle to establish its headquarters in Atlanta. The crowdfunding company focused on real estate also raises $1 million in new funding.

Sample of a GroundFloor real estate deal Sample of a GroundFloor real estate deal

Updated 12:00 p.m. Tuesday

Premium Lock Exclusive: GroundFloor isn't moving to Atlanta due to NC crowdfunding impasse

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.

Groundfloor co-founders Brian Dally and Nick Bhargava Groundfloor co-founders Brian Dally and Nick Bhargava

7:57 a.m. Tuesday

Premium Lock Exclusive: In-depth survey helps ChannelAdvisor plot next ecommerce moves

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.

The CA platform The CA platform

Updated 7:12 a.m. Tuesday

Former Intersouth VC Garheng Kong raises $110M fund

Garheng Kong, a former venture capitalist at Intersouth Partners in Durham who now lives in Silicon Valley, is the managing partner of a new venture fund that has raised $110 million.

Garheng Kong Garheng Kong

6:38 a.m. Tuesday

Biogen's newest MS drug to be manufactured in Triangle

Biogen's RTP plant The FDA on Friday approved the drug Plegridy from Biogen Idec as a treatment for multiple sclerosis. It will be manufactured in the Triangle.

Updated 6:29 a.m. Tuesday

Premium Lock Bitcoin investor Draper encourages startups to 'boost' their chances

One way to increase support for Bitcoin-related startups in North Carolina, says Boost VC CEO Adam Draper, is to get companies in the area that started something on their own.

Bitcoin Investor Bitcoin Investor

Updated 6:26 a.m. Tuesday

Premium Lock Bitcoin: Cat and mouse game in security, regulation

Will the virtual currency Bitcoin face increasing regulation in the future? Is Bitcoin secure enough to attract mass use? About a hundred or so experts at the Cryptolina Bitcoin Expo last week in Raleigh discussed the complex security and regulatory issues facing the virtual currency.

Bitcoin Security Regulation Bitcoin Security Regulation

Updated 6:21 a.m. Tuesday

Premium Lock Crowdfunding, solar, job recruitment at stake in legislative impasse

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.

House Speaker Thom Tillis House Speaker Thom Tillis


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