WRAL Tech Wire

Charlotte IT firm raises $6M, adds Red Hat exec to board

Adaptivity raises funds from Intersouth Partners, Noro-Moseley Partners and Intel Capital. The software firm also names a new chief technology officer.

PeopleMatter raises $7.2 million in VC funding

Leading talent management provider for the service industry seizes new opportunities to accelerate growth and fuel active product pipeline with second round funding led by Noro-Moseley Partners.

PeopleMatter

Dell buys Atlanta-based security firm SecureWorks

Venture capital firm Noro-Moseley Partners is an investor in the 11-year-old company.

Adaptivity draws investment from Intel Capital

The IT blueprint designer was one of 18 small firms in which the chip-maker's investment arm took a stake.

Motricity slashes its plans for stock offering to $100 million

In latest SEC filing, the former Durham firm cuts its initial public offering from some $250 million.

Noro-Moseley’s Mike Elliott to chair CED board

Council for Entrepreneurial Development also selects 15 new board members.

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.

Noro-Moseley joins $40M round for cloud computing firm

Washington, D.C.-based Virtustream raises an expanded round of financing. Intel Capital also joins round.

The state of VC: ‘Great to see glimmers of hope’

As CED’s venture event begins Wednesday, Mike Elliott, general partner at Noro-Moseley Partners, says venture capitalists are more bullish as “exit routes” open for VC-backed startups.

Venture capital firm Noro-Moseley names vice president

Spence McClelland will help firm that has offices in Atlanta and Charlotte screen investment opportunities.

Noro-Moseley leads $6M investment in finance firm

PocketGear acquires rival, becomes top independent mobile apps provider

Durham-based provider of global marketplace for applications to be used on smart phones buys Texas-based Handango. The deal positions PocketGear behind global giants Apple and Google in the growing apps marketplace.

PocketGear's app stores business process

Georgia Tech president joins Noro-Moseley advisory board

Samsung takes aim at Apple’s iPhone with PocketGear as a partner

Durham-based venture-backed startup led by Jud Bowman is providing the infrastructure and support for Samsung’s new ‘Widget Store.’ Top distributor of mobile phones in North America rolls out new phones, including touch screen Mythic.

Venture capitalist with digital media focus leaves Noro-Moseley