Posts tagged “Intersouth”

Updated July 20, 2010

‘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 A rendering of American Underground

July 1, 2010

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.

IPOs are back IPOs are back

May 28, 2010

Noro-Moseley’s Mike Elliott to chair CED board

CED Council for Entrepreneurial Development also selects 15 new board members.

May 25, 2010

SciQuest adds two veteran Triangle execs to its board

SciQuest 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.

Updated May 13, 2010

VCs just say 'no' to possible tax changes, but W.H. not listening

VCs write their Senators 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.

Updated May 12, 2010

Medical device startup lands former Liquidia COO as marketing exec

Luke Roush Todd Pope, the CEO at venture-backed TransEnterix, hires Luke Roush as vice president for marketing. Pope is a former Liquidia CEO.

Updated April 23, 2010

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.

IPO bull run may be short-lived IPO bull run may be short-lived

April 23, 2010

Intersouth-backed Alimera executes IPO – But at sharply lower price

Alimera 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.

April 22, 2010

SciQuest, which is planning stock offering, names CFO

Sciquest Veteran finance executive Rudy Howard, an NCSU graduate, has worked for PPD, PricewaterhouseCoopers and Peopleclick.

Updated April 22, 2010

Overture Networks closes on $17.2 million in new funding

Overture Networks  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.

Updated April 19, 2010

Venture update: Intersouth-backed Alimera looks to launch IPO this week

Alimera Sciences The Atlanta-based eye products firm is one of seven companies hoping to go public on Wall Street this week.

Updated April 13, 2010

Synergy Commercial named sole agent for American Tobacco Campus

American Tobacco logo Capitol Broadcasting Co. has selected Synergy Commercial Advisors as its exclusive project marketing and leasing representative for American Tobacco Campus.

April 7, 2010

Intersouth-backed Alimera Sciences files for $100M IPO

Alimera 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.

April 6, 2010

Startup CancerGuide Diagnostics partners with Duke

CancerGuide The Durham-based firm signs a research and licensing deal with Duke with a focus on individualized cancer detection tests.

Updated March 26, 2010

Semiconductor firm Nitronex raises more than $16M

Nitronex 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.