Posts tagged “Venture & Innovation”

Updated July 19

Premium Lock Raleigh finance startup lands $3M venture investment

Constellation Digital Partners, a Raleigh-based startup focusing on a finance software platform, lands a $3 million investment from a credit union. The new venture is targeting credit unions, and seven have already signed on as investors.

Constellation Constellation

July 19

Premium Lock Coastal Credit Union's 3-year road to digital finance hit, led by its CIO

You may not have heard of Kris Kovacs or expected a credit union to be a leader in digital banking. No more. Kovacs is spearheading a digital platform that might transform credit unions, and he's reaping awards: Coastal Credit Union and several partners recently spun out a new venture led by Kovacs that has just landed $3 million in new venture capital. Here's the back story about the emerging success of Constellation Digital Partners.

Kris Kovacs Kris Kovacs

July 18

Veteran commercialization exec Karen LeVert to lead NC IDEA board

NC IDEA Karen LeVert, a veteran commercialization executive, is the new board char at NC IDEA. The economic foundation also names three board members while two current members step down.

Updated July 18

Premium Lock Did China really beam up an object? Not quite + A look at quantum teleportation

It's not surprising that the recent announcement that Chinese scientists teleported an object from the ground to a space satellite has engendered so much attention. Article headlines like "First object teleported to Earth's orbit" are pretty exciting. Taken literally, you could imagine not only visiting exotic locations across the globe in a blink of an eye, but also imagine an enormous advance in space technology. But what really happened?

Diagraming quantum teleportation Diagraming quantum teleportation

Updated July 18

New coworking space for science startups to open in Durham

BioLabs North Carolina, which is part of a growing national network offering coworking space for emerging science companies, will begin offering 42,000 square feet of space in downtown Durham later this year. Partners include GlaxoSmithKline, Wexford Science & Technology, and law firm Wyrick Robbins.

The Chesterfield Building The Chesterfield Building

July 18

Raleigh-based Social Beverage raises nearly $1.4M, wants $4M

Venture capital Social Beverage Co., a Raleigh-based firm, has raised $1.38 million in a private equity offering, according to a filing Monday with the Securities and Exchange Commission.

July 17

Education software firm Terra Dotta raises $3.3M (+ video)

A Chapel Hill-based higher education software company has raised $3.3 million in a private equity offering, according to a filing Monday with the Securities and Exchange Commission.

July 17

Premium Lock Venture capitalists call for 'Restoring Internet freedom'

The Broadband Report       In a letter to the FCC, the president of the National Venture Capital Association spells out the organizations' stand in the debate over "net neutrality." Writing on behalf of its members and entrepreneurs, the NVCA points out its "strong support for robust net neutrality rules that allow startups to compete on a level playing field."

July 17

Give us a shout: WTW wants to hear from you - send us news, views

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.

July 17

WTW's week in review: 57 headlines not to be missed, part three

Week in review Here's a look back at technology, life science and other related news as reported in WRAL TechWire over this past week, part three.

July 17

WTW's week in review: 57 headlines not to be missed, part two

Triangle headlines Here's a look back at technology, life science and other related news as reported in WRAL TechWire for this past week, part two.

July 17

WTW's week in review: 57 headlines not to be missed, part one

Week in review Here's a look back at technology, life science and other related news as reported in WRAL TechWire for this past week, part one.

Updated July 14

Premium Lock Exec: American Underground pivoting to embrace a 'broader' mission

American Underground      The American Underground is pivoting in its mission to provide a wider variety of services and "perks" for startups and emerging companies that occupy its spaces across the Triangle. Adam Klein, the chief strategist at the AU, spells out the new mission in a letter to the 275 companies operating in AU space. Here's the full text of his explanation.

July 14

Eshelman-led pharma startup raises $6M (+ video)

Investor and veteran life science executive Fred Eshelman's latest startup has raised $6 million but wants another $7 million. Plus: A video overview of the company.

July 14

Premium Lock Raleigh-based NeoCloud acquires consulting firm, adds 350 customers

NeoCloud NeoCloud, a Raleigh-based firm that provides management of cloud computing services for a growing number of customers, is getting bigger through an acquisition.

July 14

Premium Lock Durham's newest HQ: Fast-growing software firm Prescient (+ video)

Three months after raising a whopping $40 million in venture capital, Colorado-based construction software startup Prescient is moving its headquarters to Durham. The move follows the firm's decision a year ago to construct a 200-employee plant in the Triad.

Updated July 13

Premium Lock Red-hot Pendo raises another $25M in venture capital (+ video)

Raleigh-based startup Pendo continues to raise investment capital in red-hot fashion, landing a new round of $25 million. The four-year-old company has now raised $45 million in the past six months.

Updated July 12

Premium Lock Zift Solutions merges in enterprise channel management deal (+ video)

Zift Solutions, an emerging entrepreneurial company based in Cary, is merging with Relayware in a deal that provides customers with what the companies call "end-to-end enterprise channel management technology." The CEO of Zift becomes president of the combined firm.

July 12

Inside the Zift merger: How it came about, more

Executives at Zift Solutions explain how the merger between the venture capital-backed Cary firm and Relayware. Zift sought the deal and will be the name of the combined venture, but Zift's CEO will be No. 2 in the merged venture.

How Zift technology works How Zift technology works

Updated July 12

Premium Lock Women finally achieving equality in VC - via crowdfunding

It's widely known that in the venture capital world - from employees to companies funding - that women are overlooked and under represented. Have been for years. But change is finally coming - through startup crowdfunding, says a new report.

Inside crowdfunding report data Inside crowdfunding report data

Techwire Inside Partners
The Skinny: A Blog by Rick Smith