Posts tagged “Wakefield”

June 3, 2010

Motricity slashes its plans for stock offering to $100 million

Motricity In latest SEC filing, the former Durham firm cuts its initial public offering from some $250 million.

Updated February 23, 2010

PocketGear acquires rival, becomes top independent mobile apps provider

Durham-based provider of global marketplace for applications to be used on smart phones buys Texas-based Handango. The deal positions PocketGear behind global giants Apple and Google in the growing apps marketplace.

PocketGear's app stores business process PocketGear's app stores business process

Updated October 5, 2009

Samsung takes aim at Apple’s iPhone with PocketGear as a partner

Jud Bowman Durham-based venture-backed startup led by Jud Bowman is providing the infrastructure and support for Samsung’s new ‘Widget Store.’ Top distributor of mobile phones in North America rolls out new phones, including touch screen Mythic.

July 31, 2009

Nanotechnology firm Liquidia lands $7M in financing

Liquidia Durham-based startup plans to develop a vaccine on its own, CEO tells Triangle Business Journal.

Updated July 16, 2009

'The sun will rise again,' VC firm Wakefield still in action, general partner says

Steve Nelson, right, and Mike Elliott of Noro-Moseley Contrary to rumors and speculation about a possible demise, Wakefield Group is open for business, Steve Nelson stresses. ‘Doing great, especially all things considered,’ he says. Wakefield recently made an exit from one investment, remains active in others.

Updated July 14, 2009

‘The sun will rise again’ – VC firm Wakefield still in action, general partner says

Contrary to rumors and speculation about a possible demise, Wakefield Partners is open for business, Steve Nelson stresses. ‘Doing great, especially all things considered,’ he says. Wakefield recently made an exit from one investment, remains active in others.

Steve Nelson, right, and fellow VC Mike Elliott Steve Nelson, right, and fellow VC Mike Elliott

Updated December 24, 2008

Investor forms new tech company around RTP-based Integrian assets

 More than 50 employees are hired by Digital Safety Technologies, which is led by New York investor Roger Lucas. Integrian had raised some $60 million from investors.

Updated December 9, 2008

Unable to raise capital, Relativity Technologies sells to U.K. firm for $9.7M

 Raleigh-based software modernization firm had raised more than $24 million in venture capital since 1997. CEO says he expects few layoffs, but will not stay with combined venture. Founder Vivek Wadhwa is 'disappointed' in selling price.

Updated December 4, 2008

Triangle-based Integrian is sold; CEO leaves; some 30 people laid off

Pete Durand is out as CEO at Integrian According to sources, including a company insider, New York-based Catalyst has bought Integrian for undisclosed sum. Integrian backers include Intersouth, Wakefield Group.

Updated November 25, 2008

Jud Bowman’s PocketGear off to smokin’ fast start

 Smartphone application firm launches site for Android apps, is already profitable and is looking to hire additional personnel. Bowman acquired PocketGear business from Motricity in June.

Updated November 24, 2008

PocketGear – formerly part of Motricity – off to smoking fast start

Jud Bowman Smartphone application firm launches site for Android apps, is already profitable and is looking to hire additional personnel. Triangle entrepreneur Jud Bowman acquired PocketGear business from Motricity in June.

November 14, 2008

RTP startup Integrian is considering buyout opportunities

 CEO of high-tech video surveillance firm says ‘lot of people’ looking to buy the business. Credit Suisse, Motorola, three VC firms – including two in Triangle – have poured $65M into Integrian.

November 4, 2008

CED opens application process for its annual venture conference

CED Companies from across southeast can participate. Event is set for April 22-23 next year.

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The Skinny: A Blog by Rick Smith