Posts tagged “Venture & Innovation”
A South Dakota-based startup focused on what is called "Real Food" is in the process of moving to the Triangle. It's backed by two Triangle area investors. The company is called Cultures for Health. Amy Huffman of ExitEvent has the details.
Cultures for Health, a startup that's moving to the Triangle from South Dakota, is growing quickly with an emphasis on "Real Food." But what exactly is Real Food?
Chris Heivly and Dave Neal are taking the first step in expanding The Startup Factory accelerator across North Carolina with a "boot camp" in Winston-Salem. In a Q&A with WTW, Heivly talks about the expanded mission and how TSF hopes to make money. Plus, he says, TSF is not taking its eyes off the ball of its primary mission.
David Spitz, who recently was promoted to CEO at ChannelAdvisor, will remain the chair of the Council for Entrepreneurial Development board, but some new faces join the CED leadership and the chair-elect is also picked.
Stanfield "Sunny" Gray, one of the creators of the DIG South organization in Charleston, is seeking the help of startups to "build a better future" in the wake of the recent massacre at Mother Emanuel. In a letter, he spells out his hopes for turning tragedy into good.
SoarTriangle, the group recently formed to help female entrepreneurs negotiate the way to securing funding in order to grow their businesses, has landed another high-profile sponsor: SAS.
A high-profile collaboration announced today by Durham biopharmaceutical company Spyryx Biosciences is the latest in a string of breathtaking announcements by three young Durham companies with promising treatments for deadly lung diseases.
SportsMedia Technology, the Durham-based firm that offers an ever-increasing number of ways to turn sporting events from Wimbledon to the Super Bowl into tech showcases, is expanding to London. The company also is promising a new technology to offer computerized control of cameras at events.
In the business world, the rise of mobile platforms is dramatically transforming many industries, from transportation (think Uber and Lyft versus taxis) to banking and photography. Consumers everywhere now have access to functionality on their smartphones that makes traditional taxis, bank branches and cameras redundant. This is rapidly changing the competitive landscape in plenty of markets and creating huge headaches for incumbents. So it's quite surprising that while there has been an outpouring of innovation in consumer apps, there has been relatively little imagination displayed so far in the world of business apps.
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.
Editor's note: Software firm Avalara formerly dedicated its new office in Durham on Monday, having already hired some 100 people in the Triangle. The Seattle-based company picked Durham over several other locations for its expansion. In an open letter to the community, Avalara's CEO introduces himself and the company.
As the stock markets closed Wednesday, Cree announced a restructuring plan, a big cut in its revenue forecast and a $500 million share buyback plan. Wall Street reaction was immediate Thursday: Shares fell 10 percent to a new 52-week low. Will the slide continue today? Will there be layoffs?
The late Neal Page, Ryan Allis, Jud Bowman, Bob Young and their companies (Inlet, Broadwick, Motricity, Red Hat) were branded among the original "disruptors" by Business 2.0 magazine in 2007. WTW takes a look back at them in light of Cisco's new "Digital Vortex" report on the latest "disruptor" trend.
Cisco CEO John Chambers recently predicted that digital disruption was going to put a lot of companies out of business. A new Cisco report says he's right with more than 40 percent of existing leaders are going to be "displaced" by the "Digital Vortex." Where does your company stand? And despite being aware of the threat the "Vortex" poses, many execs say it's "not worthy of board-level attention." Oh, really?
The Blackstone Entrepreneurs Network is expanding its reach in the Triangle, opening a new "meeting space" at The Frontier in RTP. Blackstone also recently announced plans to expand with a new program in Colorado.