Posts tagged “Venture & Innovation”
Phononic, which aims to be the Intel of refrigerators, has wrapped up a cool financing round of $44.5 million. The firm has been raising money since last year. Who are the investors? A local hospital, for one.
Investors and entrepreneurs on the lookout for the next big opportunity just could be considering the so-called "connected car market." As automakers strive to make motor vehicles smarter, apps makers and communications companies are linking up. But how big is the opportunity? According to research firm Allied Market Research, the market will be ...
If you caught one of the articles last week summarizing the American Underground's annual report of the state of startup as it exists within their universe, you likely got the notion that all is well for entrepreneurs here in the Triangle. If you actually read the report, a breezy, taut, and quite informative infographic covering everything from dollars raised to pizza consumed, you definitely felt better about where we're headed as a startup region. But is that the entire story? WRAL TechWire Insider columnist and entrepreneur Joe Procopio offers his own analysis exclusively for our subscribers.
NC Bankers eco forecast set; NY's new $50M VC fund; net gear firm going private; Google faces privacy fines
In today's Bulldog wrapup of technology news: N.C. Bankers lineup set for annual economic forum on Jan. 5; New York launches $50 million venture capital fund; Riverbed Technology is going private; and Google faces fines over privacy in the Netherlands.
The "Help Wanted" sign is up at rapidly growing AvidXchange in Charlotte. Why? "We're changing the way business is being run, helping companies migrate from paper to electronic processing and saving them a lot of money as a result," its CEO tells WRAL TechWire in an exclusive interview for our Insider subscribers.
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The growth of ride-hailing companies such as Uber and Lyft so far has not been hindered by limits from government regulators and campaigns by taxi cab competitors. A bigger threat to the new industry's impressive start could come from customers -- if enough people stop using the services over fears that drivers aren't safe.
The app is coming to market as protesters around the country keep attention on instances of deadly encounters with police in Ferguson, Missouri, and New York City. Similar apps also are aimed at helping people navigate interactions with police.
Some advice for startup entrepreneurs: "Perfectionism can ruin the best of ideas. Identify it early to save your company." So warns Chris Heivly, co-founder and co-manager of The Startup Factory accelerator in Durham.
On the sixth day of the 12 Days of Broadband, we turn to Elon University's Imagining the Internet Center which teamed up with Pew Research Center's Internet Project this year to survey thousands of technology experts on what they expect the future of the "Internet of Things" to look like.
According to data compiled in a report, The American Underground says companies based at its locations in Durham and Raleigh created some 323 jobs and spent $674,700 at local businesses. Clients based in the Triangle also raised more than $20 million in funding.
Bull City Venture Partners, which formally launched earlier this year, is going all the way to San Francisco for an investment. But it's in a deal run by a familiar face: Ryan Allis, the former CEO and co-founder of iContact.
20 entrepreneurs took the stage Monday to pitch their seven startups to a room packed with investors, entrepreneurs and corporate executives. The Demo Day wrapped up the first cohort of the inaugural Citrix Accelerator Innovators Program in Raleigh. Who are the companies? ExitEvent Editor Laura Baverman has the details. The seven (including two internal Citrix teams) were chosen from a pool of 64 teams from around the nation to receive $25K grants, office space and mentorship from Citrix workers and investors and entrepreneurs in the local startup community.
TouchCare, a startup that has developed a mobile app to remotely connect patients and healthcare providers, has landed an equity investment from Mosaic Health Solutions, a subsidiary of Blue Cross and Blue Shield of North Carolina.
The Citrix Startup Accelerator's first Demo Day in Raleigh presents seven young companies. Like the startups, the Citrix effort itself must meet three criteria: Desirability, feasibility and viability, writes ExitEvent Editor Laura Baverman.