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Posts tagged “Venture & Innovation”

Updated 12:04 p.m. yesterday

Premium Lock NetSuite exec: Look for many new jobs in Durham after $200M Bronto buy

California-based NetSuite is planning to add jobs - a lot of them - in Durham once its $200 million acquisition of Bronto Software, says Andy Lloyd, the firm;s general manager for commerce and products. In addition to growing Bronto's work force, NetSuite will base other people in the Bull City, he says.

NetSuite NetSuite

12:01 p.m. yesterday

Premium Lock Why NetSuite bought Bronto for $200M - in CEO's own words

Zach Nelson Zack Nelson, chief executive officer of NetSuite, was in Durham along with other executives wrapping up a $200 million deal to buy Bronto Software In his own words, he describes why he's making the buy.

Updated 7:58 a.m. yesterday

Bronto CEO's 'roar' on why he sold the company for $200M

CEO Joe Colopy and his team at Bronto Software loves brontos - they are everywhere in the office - and they let out a "roar" when there's good news. Bronto reported plenty Thursday, disclosing the company had been sold to NetSuite, a cloud technology services firm, for $200 million. In a blog post, Colopy roars about the sale.

7:31 a.m. yesterday

Raleigh programmers aim for $100,000 prize in BattleHack

Calling themselves PairCode, a team of programmers from Raleigh-based WedPics and community organizer Magdalyn Duffie will be going to Silicon Valley in November to compete for a $100,000 prize after winning BattleHack Raleigh.

The BattleHack winners The BattleHack winners

Updated 1:36 p.m. Thursday

Making Earth Day real: 25 earth-friendly startups, backers in the Triangle

Gooing green Coinciding with the global observances of Earth Day on Wednesday, ExitEvent Editor Laura Baverman put together an impressive roundup of 25 earth-friendly startups - and investors - in the Triangle.

11:59 a.m. Wednesday

NC Treasurer launches second innovation fund, this time worth $250M

Janet Cowell North Carolina is rolling out a second Innovation Fund, and this time it's worth even more than the first which was launched five years ago. State Treasurer Janet Cowell is targeting $250 million for North Carolina-centered firms.

Updated 8:40 a.m. Wednesday

The closing of Raleigh's last B&B and the failure of government

So who is to blame for the closing of The Oakwood Inn, the last conventional "bed and breakfast" in Raleigh? Is it startup Airbnb and the entrepreneurial homeowners seeking to rent rooms more cheaply? Or is it regulators who have failed to act quickly against startups such as Airbnb and Uber that, quite frankly, flout regulations?

Airbnb's webpage Airbnb's webpage

6:28 a.m. Wednesday

How a class project at NCSU fostered a new innovator in education

Two young entrepreneurs have set off on a journey to change the way information is communicated between teachers and students, starting with the hundreds of classes each day at NC State, and they have tests underway to disrupt other industries that require regular conversation too. Here's the story behind "Bulletin Mobile," as reported by ExitEvent.

Bulletin Mobile Bulletin Mobile

6:08 a.m. Wednesday

Listen in: Durham-based crime podcast finds a big following

"Criminal" delivers an audience "Criminal" is a podcast about true-crime stories that attracted 1 million downloads last month. Picking up on the popularity of "Serial" - the NPR podcast that was the first ever to win a Peabody Award, "Criminal" is part of the new era in digital storytelling.

5:58 a.m. Wednesday

Raleigh's last B&B owner blames Airbnb for its closure

Airbnb in Raleigh Opponents say such services undercut hotel taxes and present a traffic problem for residential neighborhoods. Airbnb users argue that regulations on the service impinge on a homeowner's right to use his or her property to make some extra income.

Updated 6:00 a.m. Monday

Premium Lock Contego Medical closes $5.6M financing

Contego Medical Raleigh-based Contego Medical, which sells a filter platform for angioplasty balloon and stent delivery catheters, has closed on its $5.6 million Series B financing led by Hatteras Venture Partners with participation from Mountain Group Partners, Lookout Capital and Medical Mutual.

5:27 a.m. Monday

WTW news in review: Last week's headlines (Part 1)

Week in review Here's a look back at technology, life science and other related news as reported in WRAL TechWire last week. We published so many stories last week, we had to post this in two parts.

5:25 a.m. Monday

WTW news in review: Last week's headlines (Part 2)

Week in review Here's a look back at technology, life science and other related news as reported in WRAL TechWire last week. We published so many stories last week, we had to post this in two parts.

5:20 a.m. Monday

Triangle events calendar: The latest update

Social networking Thanks to the folks at Innovate Raleigh, here's a listing of all the technology (and some other) networking events, meetups and conferences coming up over the next few months. April is especially busy.

5:05 a.m. Monday

Your company making news? Have an opinion? Share it with WRAL TechWire

Contribute to WRALTechWire WRALTechWire is continuously expanding its content lineup, and we want you to participate. We are looking for news and analysis about all things tech and life science from people who know their business.

April 17

IBM awards top tech 'Fellow' honor to Cary resident

Bala Rajaraman Bala Rajaraman, who is helping spearhead development of "cloud" computing services for IBM in Research Triangle Park, is one of 10 new "IBM Fellows." The "Fellow" selection is IBM's top technical honor. He is among the leaders developing IBM's Bluemix applications.

April 17

NC's venture industry reports best first quarter in 8 years

Venture Capital  Startups and emerging companies raised nearly $115 million in venture capital financing the first three months of this year. That's the best first quarter since before the 2008 recession and is better by far than in the past four years, according to data from PricewaterhouseCoopers and the National Venture Capital Association. In fact, the data could have been even better.

Updated April 16

Durham sustainable energy firm lands Silicon Valley investor, changes name

Sustainable Industrial Solutions in Durham not only has a new name ( but also a new investor from Silicon Valley (Bay Grove Capital). So how did the Durham firm that's helping spread the Internet of Things to industry land an investor from the Valley? And are they hiring? You bet.

April 16

Silicon Valley startup program selects Mati Energy's founder

Mati Energy's Tatiana Birgisson Recognition, funding, publicity and now expert advice for building a startup keeps coming for Tatiana Birgisson, the creator of fast-growing MATI Energy drink. She soon will head to Silicon Valley for the Blackbox Connect program.

April 16

Premium Lock Report: Venture funding surges in NC thanks to life science deals

Golden egg hunt for investors A surge in life science deals the first three months of this year led to a jump in venture capital funding for North Carolina-based companies. But while overall deal flow remained consistent, the number of tech-related deals did plunge, says Dow Jones Venture Source.

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