Posts tagged “Southern Capitol”
Will the Maryland startup and the Raleigh venture capital firm build a successful marriage? After a courtship of five years and "building a deep relationship," the two firms take the plunge.
Maryland-based WeddingWire is an online wedding planning resource site that helps link couples and wedding service providers.
Southern Capitol Venture's Jason Caplain and David Jones were behind-the-scenes players in the sale of fast-growing ShareFile to Centrix - They introduced the firm's leaders to each other. The VCs didn't invest in ShareFile, which its founder bootstrapped with his own financing.
The Raleigh-based startup, a provider of web-based secure file transfer software and services, will be made part of a cloud computing service offering from Citrix.
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."
In a gloomy economy, the Council for Entrepreneurial Development's second annual emerging company showcase puts the spotlight on 25 N.C. companies that known how to grow their business and create jobs. Meanwhile, tech startups and emerging growth firms also are looking to hire.
At an entrepreneurial event for tech executives, a Wall Street analyst notes that the best CEOs are those who learn how to listen and who hire people as smart if not smarter than themselves. "No matter how brilliant you are," she says, "many brains are better than one."
Entrepreneurs will gather in Durham this weekend to pitch, develop and maybe even sell their idea for the next LinkedIn, Groupon or maybe even a Facebook.
The venture capital backed startup focuses on knowledge management for life science and other enterprise firms. Southern Capitol Ventures and Hatteras Venture Partners were investors.
The Startup Stampede, the Underground and other efforts are striving to provide the ingredients these new businesses will need to grow. And if they do so while choosing to stay in Durham, the Bully City wins economically as well as culturally. The tech startups have the potential to produce their own ecosystem of jobs and growth, new companies and spinoffs.
- Asian stocks up as worries from Britain's EU leave vote ease
- Mayne Pharma, which has big plant in Greenville, pays $652M for 37 drugs
- Lilly Pulitzer store to open in Raleigh's North Hills
- Feds urge consumers to act quickly on Ikea dresser recall
- Volkswagen settles emissions cheating for $15.3 billion