Posts tagged “Intersouth”
Deal making totaled only $325 million across 47 deals, the lowest total since 2005 when one excludes the recession year of 2009. Life science deals dominate the fourth quarter.
The Chapel Hill-based company wants to sell 6 million shares at a price between $11 and $13 a share. Its underwriters have the right to sell another 900,000 shares.
Investors in the Research Triangle Park-based medical device company include Aisling Capital, Intersouth Partners, Quaker Partners, SV Life Science Advisers, Synergy Life Science Partners and Parish Capital Advisors.
Cempra does not yet have any Food and Drug Administration-approved products. Its compounds are targeting an antibiotics market that according to Datamonitor totaled $19.6 billion in the United States, Japan and the five major European markets in 2009.
Adaptivity raises funds from Intersouth Partners, Noro-Moseley Partners and Intel Capital. The software firm also names a new chief technology officer.
6fusion, which is backed by Intersouth partners, lands a new investor in raising its second investment round.
Longtime Triangle venture capitalist and entrepreneur Kip Frey resigned Friday as chief executive of Durham-based music technology company Zenph Sound Innovations.
The Durham-based biopharmaceutical firm focuses on individualized therapies targeting cancer, HIV and infectious diseases. Its investors include Intersouth Partners and Aurora Funds.
Gov. Bev Perdue is to make a new jobs announcement Tuesday morning in Henderson. Semprius, which is backed by the CIA, could be the builder.
The Durham-based company recently withdrew plans for an $80 million stock offering.
The secret sauce at Semprius draws more money from the "Wizards of Langley" venture arm as well as Siemens and Durham-based Intersouth in its latest $20 million capital fund raiser. So what can the CIA do with advanced solar power?
The Durham-based company, which recently sold a 16-percent interest to Siemens Energy, discloses the funding in a regulatory filing. It's the latest in a streak of good news for the firm and its investors, which include Durham-based Intersouth Partners.