Posts tagged “Venture & Innovation”

Updated February 12, 2007

Premium Lock Hatteras Ventures Closes on Third Fund, Recruits Former GlaxoWellcome CEO as General Partner

Venture capital New fund, which could reach as much as $100 million, will be used for seed, early-stage investments in life science firms.

Updated February 6, 2007

Premium Lock Record This: Georgia Startup Securres $9M for Point of Sale Technology

Venture Aurora Funds participates in second round of funding for Recordant, which records customer interaction.

February 2, 2007

Premium Lock AlphaVax Lands $12.7M in New Venture Funding

AlphaVax Company is developing vaccines for a wide variety of ailments, recently received approval to launch two clinical trials.

February 2, 2007

Premium Lock Southeast BIO Launches Business Plan Competition

SEBIO Winning plan will receive estimated $100,000. Event’s finalists to be judged at SEBIO's annual venture conference.

February 2, 2007

Premium Lock CED Helps Food Drive Raise $37K

CED In two months, entrepreneurs raise enough money for 335,000 pounds of food for N.C. food bank.

Updated January 31, 2007

Premium Lock rPath Secures $9.1M in Second Round of Financing

rPath Startup focused on emerging software appliance technology has landed $15M in capital since launching a year ago. General Catalyst, North Bridge Venture Partners, Wakefield Group invest in latest round.

Updated January 31, 2007

Premium Lock First Southeast Venture Conference Draws a High-Profile Sellout Crowd

Motricity CEO Ryan Wuerch More than 450 people, including at least 100 venture capitalists representing $56B in capital, to attend two-day event in Cary. Twenty-seven companies to make presentations.

January 31, 2007

Premium Lock 6th Sense Analytics Lands $5M in New Financing

6th Sense lands new funding Morrisville-based startup offers software-as-service solution for tracking of software development projects. Core Capital is new investor.

Updated January 31, 2007

Premium Lock Venture Fund Raising Dips in '06, Breaking 4-Year Streak

Venture Capital While median level again tops $200M, the number of funds drops by 29 from 2005. Fourth quarter was especially slow, Dow Jones VentureOne reports. Intersouth led funding in Carolinas.

January 30, 2007

Premium Lock CeNeRx Prepares To Launch First Clinical Trial for Lead Drug

CeNeRx RTP startup receives FDA approval for testing of Tyrima, which targets depression, anxiety.

Updated January 30, 2007

Premium Lock InnerPulse Secures $50M in Financing for Heart Defibrillator Technology

InnerPulse targets heart problems UPDATE: Johnson & Johnson, Medtronic are among syndicate of investors. InnerPulse is developing implantable defibrillator.

January 29, 2007

Premium Lock Charlotte Firm Targeting Services for Building Materials Industry Lands $18.5M in Venture Financing

BlueTarp BlueTarp Financial lands Trinity Ventures as investor. Firm provides commercial trade credit services to hundreds of building material stores, more than 12,500 contractors.

January 29, 2007

Premium Lock Entrepreneurial Spirit: Keys to Success - from Young Entrepreneur's Perspective

CED 'I think the most important thing any entrepreneur can do is have a bias toward action,' says Ryan Allis of Broadwick. 'I encourage a lot of young entrepreneurs to take whatever steps they can each day to meet their goals. Every great achievement begins with a first step.'

January 26, 2007

Premium Lock Broadwick’s Shopping List Includes $4M in Additional Venture Capital

Venture capital Fast-growing e-mail marketing firm is looking for more investors in bid to further grow its business.

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The Skinny: A Blog by Rick Smith