Posts tagged “Startups”
Neither organization disclosed terms of the arrangement. But they said in a joint news release that the deal makes the combined organization "the largest provider of corneal tissue for transplant in the world."
New venture capital investment statistics from two different sources illustrate an increasingly apparent reality: VC is losing its relevance as an investment tool for growing startups in North Carolina. While deals and dollars are at the highest levels since 2001, both numbers remain paltry in the Tar Heel state which often ranked among the top 10 for VC action in the past.
The annual Moog Fest music and arts festival is expanding to include an eclectic lineup of speakers. Kicking off the festival next Thursday is a panel about 'Wiring Silicon Mountain: Nurturing Innovation Through Technology in Western North Carolina.' Joining Geolas on stage will be: Gov. Pat McCrory, the CEO of Moog Music, Mike Adams, Asheville Mayor Esther Mannheimer, Casey Steinbacher, President and CEO of the Durham Chamber of Commerce, Professor Mike Walden of NC State and Hickory Mayor Rudy White. And the agenda of events hardly stops there.
OrgSpan, a three-year-old software firm focused on enterprise social communications solutions, is being acquired by Indiana-based Interactive Intelligence. The company, which is owned by the CEO of Interactive, will remain in Durham and says it expects to expand as a result of the deal.
With another $250,000 in funding and plans to open an office in Virginia, Raleigh-based SEAL Innovation is gearing up to sell its wearable SwimSafe devices that are designed to prevent drownings. The company's Justin Calvillo, its, corporate finance and development officer, and business development manager Dave Callahan talks with WRALTechWire about the company's progress. Among the investors is Triangle Angel Partners and most funding so far comes from the Raleigh area, they note.
SEAL Innovation, which has developed wearable swim bands to promote safety, agrees to open an office in Danvilla, Va., as part of a $250,000 capital investment from The Launch Place.
RTP-based medical device firm TransEnterix pulled off its $50 million stock offering and moved its shares to a different exchange on Tuesday. The company expects to net $46 million from the transaction.
For the second year, Paradoxos attracted more than 1,000 people to participate in more than twenty established cultural events in the heart of downtown Durham. Organizers were targeting more than 2,000 people across the twenty events, and seem to have missed that mark by quite a bit. So what happens next?
Tatiana Birgisson, founder of Mati Energy and a speaker at Paradoxos, had a lot to say about the power of grassroots influence. Sarah Bill shares the story as part of the news partnership between WRALTechWire and ExitEvent.
The second day of the second annual Paradoxos festival in Durham focuses on events for kids, the launching of a crowdsourced wall mural, a somewhat zany talent show - and more. WRALTechWire's Jason Parker reports.
The second Paradoxos festival in the Bull City aims to "take over downtown" in an event that celebrates all things tech and culture. After a jobs fair and the launching of a mural, today's schedule includes a "Build-a-Thon" and a talent show featuring teams from tech companies.
Hundreds of people pack "Jobs Under the Big Top," a reverse job fair in which companies recruit people for open positions. One company pays $1,000 for the chance to make a pitch to the crowd at the event in Durham, which kicks off the annual Paradoxos festival. WRALTechWire's Jason Parker reports for our Insiders.
The second annual Paradoxos festival this week in Durham offers a variety of reasons - or excuses - ti break away from work for some entertainment and education. ExitEvent Editor Laura Baverman offers a preview.
Renowned physician Dr. Russell Greenfield - a regular contributor to The Dr. Oz Show and an author - has been named the new medical director for PurThread in North Carolina.
Mother and son entrepreneurs have started a social site aimed at providing a secure place for people over age 50 to tell their stories the way they want them told. WRALTechWire Insider Allan Maurer reports the details in this exclusive interview.
More than 400 investors, entrepreneurs and private equity professionals gather for the Association for Corporate Growth's annual Capital Conference at which "Made in the Triangle" is the theme. WRALTechWire's Jason Parker has the inside story.