WRAL Tech Wire

 CapitalSouth raises $23.8M for fund targeting $100M

CapitalSouth invests up to $25 million in companies with growth potential; up to $40 million if syndicated with other investors.

How High Tech CEOs Can Accelerate Revenues in 2011

Learn IT Strategy, Marketing, Sales and Pricing Best Practices That Work in Today's Economy.

 Greenlee stays on as chief executive at Hamner

The research non-profit's board of directors this week gave Dr. William Greenlee a five-year contract extension.

Dr. William Greenlee

 BUYSTAND taps EvoApp co-founder as new CEO

Joe Davy was named CEO of the Durham e-commerce startup on Thursday which is backed by 8 Rivers Capital.

 MCNC names Tom Rabon as new board chairman

MCNC is ramping up North Carolina's broadband efforts to start a new fiscal year on July 1 and announced Friday that Tom Rabon has been elected the new chairman of the MCNC Board of Directors to succeed Michael A. Murphy.

 Opinion: Communications technology serves many goals

Having the telecommunications technology will let a company please its workers, raise efficiency and help the earth by reducing driving.

 For Cary entrepreneur, $91M deal cash-out wasn't an option

Steve Malik sold Medfusion to Intuit but remains at the helm of Intuit's health division. Why? He loves his job. "If you have an idea, a dream, a notion, a passion, pursue it," he says. "If you love your job, you'll never work a day in your life."

Steve Malik

 At Durham HQ, Bell and Howell forms 'Office of the CEO'

Bell and Howell LLC, formed in June when Versus Capital acquired the assets of Böwe Bell + Howell, said it is forming an Office of the Chief Executive Officer at its Durham headquarters with the appointment of a new president to split that job and chief executive officer.

 Cornerstone names McBean as president

Kenneth McBean, a former executive credited with success at Covidien's Specialty Pharmaceuticals division, has joined Cornerstone Therapeutics.

 Drutz to chair Gentris board

The company said Dr. David J. Drutz has been elected chairman, and entrepreneur and accountant Tim Gupton has joined the board.

 U.S. economy looking pretty sad, financial execs say

The outlook for the U.S. economy is somber at best, according to a survey of accounting professionals who hold top financial jobs in their companies, the American Institute of Certified Public Accountants said Wednesday.

 What makes CIOs toss and turn at night?

IT security was listed among top tech concerns, according to new research released this week from Robert Half Technology.

 From Red Hat to rPath: Erik Troan shares story of road from Linux to Windows

Having crated version control for Linux-based systems, rPath's founders saw a Windows-based world waiting for the same tools.

 Scale Finance hires new CFO, controller

Chief Financial Officer Tom Trickett and Controller Terri Fiessinger have joined Scale Finance in Charlotte.

 Hamner Institutes names new VP of business development

The Hamner Institutes for Health Sciences has named Dr. Naina Bhasin as the new vice president of business development and operations, according to the RTP organization on Wednesday.

 Quintiles names new chief financial officer

Kevin Gordon has been selected to lead the company’s global financial organization and strategy, the company announced Monday.

 Online ad veteran joins aiMatch

Jon Curnow has joined aiMatch to spearhead the company's product development efforts, the company announced this week.

 3D and your business: Last day to register for LTW event

From James Cameron’s “Avatar” to the immersive Internet, virtual worlds, gaming, software, engineering and product development, this Local Tech Wire Executives Edge event will connect you with leaders of the oncoming tsunami of a new dimension in business.

Eyes around the world are tuned to "Avatar"

 Strategy, tech consulting firm Booz Allen to add 270 jobs in Fayetteville

The Virginia-based firm is a major Department of Defense contractor and is working with the Army on base consolidation efforts at Fort Bragg. Booz Allen says it will expand its current operations to 300 employees from the current 30.

 Knowledge management – It’s crucial for a good IT release schedule

Opinion: Most IT shops look an awful lot like a sloppy desktop. Just as you need a consistent way to organize and version your documents, IT needs to do the same for all of its system artifacts.

Don't overlook knowledge management