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Posts tagged “Venture & Innovation”

September 9, 2002

Premium Lock Founder of Charlotte's First Round.org To Head Mountain Council for Entrepreneurial Development

Jim Roberts wants to build a CED for the Blue Ridge. Move is among steps being taken to increase high-tech activity in and around Asheville.

September 8, 2002

Premium Lock Southeast Venture Market Takes Holiday Week Off

After a busy August, the Labor Day week shows regional entrepreneurs that they still have to work hard to land a venture deal. Just one minor deal closed during the short week.

September 6, 2002

Premium Lock Triangle Tech Radio Show To Migrate to Internet , Gets New Sponsors

Host Sig Hutchinson's 'SuccessToday' is leaving Curtis Media's air waves for the more 'economically viable' Internet. To be aired on RTP-TV Web site, the show has four sponsors and a shorter format.

September 5, 2002

Premium Lock Sustainable Jobs Fund Invests in Georgia Teleservices Firm

RYLA Teleservices hopes to more than double number of employees. SJF, which has an office in Durham, now has made 12 investments worth more than $6 million.

September 2, 2002

Premium Lock Southeast Report: Money Freeze Is Thawing in Southern Summer Heat

Following a bumper crop of venture deals in August, tech companies in the Carolinas and Georgia have closed on more than $725 million in financing so far this year.

September 2, 2002

Premium Lock North Carolina Report: State Moves Past $300M Mark in Venture Financing

A busy August was capped with the largest venture deal of the year in the Tar Heel State. Forty-four tech firms have raised about $315 million so far this year.

September 2, 2002

Premium Lock Georgia Report: State Tops $400 Million in Venture Deals Through August

Despite few recent deals, Georgia tech companies still have amassed more than $400 million in 42 venture financings so far this year to lead the region.

August 29, 2002

Premium Lock Analyst Sees Hatteras Networks' Deal, Products as Big News for Telecom Networking

'The fact that a VC - who is also an ex-RBOC division president in this space - has committed to the company indicates that interest in the Hatteras solution is real and comes from service providers who would actually pay for it,' analyst adds.

August 28, 2002

Premium Lock Hatteras Networks Gets $45 Million in Third-Round Financing

Biggest VC deal of the year for North Carolina includes a new investor. Company has raised $73 million in past two years.

August 26, 2002

Premium Lock Pinpoint Gets $8 Million in Biggest Round of Funding Yet

Cary firm draws a new investor and also announces partnership with major European wireless company. Pinpoint says it is meeting milestones and plans to expand efforts in several areas.

August 26, 2002

Premium Lock Pinpoint Raises $8 Million in Additional Funding

Massey Burch Capital leads round as new investor. Noro-Moseley and Wakfield Group also participate.

August 26, 2002

Premium Lock Tech Industry Gathering Steam in Rural Eastern North Carolina

In the land of tobacco and hog farms, supporters are holding venture forums for technology startups and organizing angel investor groups. 'Once we get the shell cracked, this will be a good area,' one entrepreneur says.

August 26, 2002

Premium Lock Six Deals Add More Than $50 Million to Venture Rounds

Recent upsurge continues, including three deals worth $14 million or more last week. More than 80 deals done in Carolinas and Georgia raise $675.5 million in 2002.

August 25, 2002

Premium Lock North Carolina Firms Top $270 Million in Venture Capital

Some 42 deals average nearly $7 million each after Serenex, TEAMM announcements. But some money apparently disappears as AppGate closes down.

August 25, 2002

Premium Lock Georgia Firms Pass $400 Million Mark in Venture Capital Raised

Four deals last week for $31 million includes Wave7 getting $15.5 million and Promixa Therapeutics adding $14 million. Average deal is right at $10 million.

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