WRAL Tech Wire

Get Your Hunting License: NC Venture Season is Open

The floodgates opened in early August, when seven North Carolina tech companies said they had closed venture deals within two weeks of each other. Forty firms have raised $240 million so far this year.

Nobex Grabs $22.5M in Venture Cash to Build Drug Pipeline

After turning over most of the work on its oral insulin to GSK, Durham drug firm plans to use its funding, including another $12.5 million raised last fall, to take other pill versions of protein-based drugs through clinical trials.

American Megatrends of Atlanta Joins HyperTransport Chip Group

LVL7 Lands Deal With Intel, Closes in on $10M Funding Round

In a deal worth millions, the Cary firm will integrate its networking processing software with Intel's products for the Gigabit Ethernet networking market. The company also expects to snag some venture capital by September.

Week in Review: Regroup, Fortify, Shift Strategy

Battle-worn and scarred, North Carolina and Georgia businesses live to fight another day. Several grab new money, others shift executives and all gird themselves to weather the continuing economic storm

Unitive Expands Chip Relationship With Taiwan Firm

PPD Acquires Asian-Based CRO

Unitive Gets a Big Boost from International Chip Giant

Taiwan firm endorses Unitive's manufacturhing process for high-end silicon chips.

O Canada! Raleigh Tech Firms Team With Canadians for Opportunities

Economic development officials work with Canada's National Research Council to pair up similar research efforts. 'Diversifying our base is important,' says CEO of LipoScience, which is working in Winnipeg on a colon cancer test.

Unitive Creates a Global Sales Organization

At Ultimus, Rashid Khan Believes in Self-Reliance -- Even in a Tough Year

Secret to growth? "We have a focused strategy, and we stick with the strategy. We have a very good long-term vision. We persist at our strategy."

LVL7 Has Big Plans for 2002 in Telecom Market, Sets Sights on More Venture Funding

Cary-based software company anticipates getting major financing based on strong performance