Posts tagged “Intersouth”
‘American Underground’ draws CED, startups to American Tobacco complex
The Council for Entrepreneurial Development, LaunchBox Digital and Joystick Labs commit to locating at new complex being created for new companies in Durham’s American Tobacco Historic District.
A rendering of American Underground
Venture snapshot: IPOs are back as an exit
From Dow Jones VentureSource: 15 IPOs by venture-backed companies raise $899 million, up from three IPos and $232 million a year ago.
Noro-Moseley’s Mike Elliott to chair CED board
Council for Entrepreneurial Development also selects 15 new board members.
SciQuest adds two veteran Triangle execs to its board
The Cary-based provider of e-procurement services, which is seeking to go public, names former PricewaterhouseCoopers’ Jeff Barber and ex-Red Hat COO Tim Buckley to board.
VCs just say 'no' to possible tax changes, but W.H. not listening
In a letter, VCs from the Triangle, southeast and across U.S. call on Senate to deep six a proposal that would change how VCs are taxed. Rep. Barney Frank offers help for VCs plus angels – and IPOs. However, White House has different view.
Medical device startup lands former Liquidia COO as marketing exec
Todd Pope, the CEO at venture-backed TransEnterix, hires Luke Roush as vice president for marketing. Pope is a former Liquidia CEO.
IPOs: A revival doesn’t necessarily mean healthy exits for startups
Six companies, including Georgia-based Alimera Sciences, go public in busiest days for initial public offerings in more than two years. But results aren’t overwhelming. Most price below expectations.
Intersouth-backed Alimera executes IPO – But at sharply lower price
The Georgia-based firm, which is focused on eye care products, sells more than 6 million shares at $11. It had hoped for a price of between $15 and $17.
SciQuest, which is planning stock offering, names CFO
Veteran finance executive Rudy Howard, an NCSU graduate, has worked for PPD, PricewaterhouseCoopers and Peopleclick.
Overture Networks closes on $17.2 million in new funding
The RTP firm, which provides technology for converting traditional networks to high-speed capability, also lands a new investor in an oversubscribed round. Overture recently named new CFO.
Venture update: Intersouth-backed Alimera looks to launch IPO this week
The Atlanta-based eye products firm is one of seven companies hoping to go public on Wall Street this week.
Synergy Commercial named sole agent for American Tobacco Campus
Capitol Broadcasting Co. has selected Synergy Commercial Advisors as its exclusive project marketing and leasing representative for American Tobacco Campus.
Intersouth-backed Alimera Sciences files for $100M IPO
Venture update: The Atlanta-based company, which focuses on eye treatments, hopes to sell 6 million shares for as much as $17 million each. This is the second IPO attempt for Alimera.
Startup CancerGuide Diagnostics partners with Duke
The Durham-based firm signs a research and licensing deal with Duke with a focus on individualized cancer detection tests.
Semiconductor firm Nitronex raises more than $16M
The company, which focuses on high-speed wireless and broadband technology for use in missile defense, radar and other applications, also is stepping up its sales efforts.


