Posts tagged “Intersouth”

February 12, 2002

Premium Lock Year Off to Strong Start for NetOctave; Security Chip Maker Delivers Products, Gets $7 Million

Intersouth, Intel lead round. NetOctave to use funds for marketing, expansion and product development. Company forecasts $20 million in sales in 2002.

February 7, 2002

Premium Lock Is Florida a Hotter Place for Investing Than North Carolina? Local VCs Flock South To Find Out

Representatives from Intersouth, Eno River, Aurora and others trek to Miami in search of promising deals and new investors. But they also say they aren't abandoning N.C. start-ups.

February 6, 2002

Premium Lock CED's $3 Million Fundraising Goal on Schedule Despite Tough Economic Conditions

Alston & Bird kicks in $150,000 for 'Innovation' campaign. With three months still to go, CED has now raised $2.5 million.

February 6, 2002

Premium Lock Norak Biosciences Gets $13 Million in Latest VC Round -- Exceeding Its Goal

Intersouth Partners, Aurora Funds join four other firms in funding the RTP-based biotech firm. Norak will look to move to bigger quarters and add personnel.

February 5, 2002

Premium Lock Duke's Advances in Developing Prostate Cancer Vaccine Also Provide Big Boost for Merix

University researchers believe vaccines can be developed to fight other types of cancer and diseases. Merix, boosted by huge VC investment, aggressively pursues development of technology it has licensed from Duke.

February 4, 2002

Premium Lock Venture Freeze Finally Over? Investing Ticks Up Slightly Nationwide During the Fourth Quarter

"I think we've finally bottomed out and have stabilized," says Jeff Barber of PricewaterhouseCoopers. New MoneyTree Survey shows 2001 was the third-best year in terms of total dollars invested by VCs.

January 25, 2002

Premium Lock Venture Capitalists Still Running Scared, Mumma Tells Crowd at CED Conference

Intersouth Partner tells entrepreneurs "to assume this will never change." VCs are "chicken" due to stock market woes and low public company values.

January 24, 2002

Premium Lock CED's Money & Markets Event Could Indicate Ending to Venture Freeze

More than 500 people are expected at the Money & Markets 2002 Conference to discuss financial issues of importance to early and mid-stage technology firms.

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The Skinny: A Blog by Rick Smith