WRAL Tech Wire

Bandwidth.com Management To Tout Growing Revenues, Experienced Management, Proprietary Products

Venture 2002 Profile No.1: Durham company will make its argument for $1 million to beef up its unique software. Co-founder sees $10 million in revenue this year by brokering bandwidth sales.

Telecom Meltdown Hits Even Georgia's Investing Legend Cam Lanier

Woes of ITC Deltacom, Knology Broadband bring the long winning streak of revered telecom investor to an end. And an investment in an eyewear chain has gone sour, to boot.

Hot Off the Wire: News from D&T 'Fast 50', Summus, BellSouth, Digital Envoy ...

D&T seeking nominations for annual "Fast 50"; Summus offers new port capability; BellSouth reaches out to hearing and voice impaired; Digital Envoy to work with Verisign; more ...

Nanoventions Joins Yamacraw's Broadband Research Initiative

Next-Generation Search Engine? Fast-Talk Aims To Help Companies Index, Search Audio and Video

'My experience had been to evaluate lots of technology that helped search, manage and distribute media. And I'd never seen anything like this: media that doesn't have to be converted to text to make it searchable,' says CEO.

Venture Profile: Mellon Ventures Focuses Lots of Cash and Attention on Internet, Telecommunications

VC giant also sets tough criteria: 'Must have a CEO with proven entrepreneurial leadership, an achievable business plan in an attractive category or market, and defensible balance sheet assumptions.'

Action, at Last: Home Director's Network Growing Despite Bumps in the Information Superhighway

Executive say the new streamlined operation is turning a profit. 'We had too many people and too much structure for a startup company,' says firm's general manager.

Tracking the Top Venture Capital Deals of 2002

Here's a look at each of the deals made in Georgia and the Carolinas as compiled by LTW. Information includes company name, focus, investors, amount invested, and what round.

High-Speed Access Through Cable Isn't Likely To Get More Competitive Soon, Thanks to FCC

Ruling that cable companies don't have to open their lines brings mixed reaction from industry. Earthlink calls decision 'bad law' and 'bad policy,' but others shrug.

e-NC Earmarks $13.5 M for Incentives To Deploy Broadband in Rural Areas

Group wants to find out what projects are planned or being implemented. Companies can apply for grants to help underwrite high-speed networking. But information must be submitted by April 15.

Security tops NCEITA's Forum Agenda; Easley Among Speakers

In post 9-11 world, executives and companies are wary of network protection. Program brings together wide variety of experts from private enterprise to US military.

With M&A Activity Picking Up, DecisionPoint Decides To Expand to the West Coast

Charlotte investment bank that specializes in technology deals opens an office in Los Angeles to build on existing relationships. "We're busier than we've ever been," official says.

Cable Giant Expands Its Support of N2 Broadband's Video-On-Demand Delivery System

AOL Time Warner joins Highland Capital in $10 million funding round for Atlanta-area firm. N2 is 'evaluating opportunities' for expansion, spokesman says.

MindBlazer Looks to Television for Web-Casting Inspiration

Charlotte company, partnered with Yahoo!, helps corporations reach out to customers with technology that some day could be as common as CD-ROM. Bonus: No more 'dull talking head at a podium' presentations.

No Optical Illusion: Wave 7 Optics, Caspian Close on Big Venture Rounds

Caspian Networks closes on its much-anticipated $120 million round, while Georgia-based Wave 7 Optics gets $23 million to conquer the "last mile" to homes and businesses. <b> Other news: </b>DataScout of Raleigh gains an investor.