Twenty-eight North Carolina technology start-ups have been selected to pitch their stories to potential investors from across the Southeast during the Council for Entrepreneurial Development’s Venture 2002 conference.
The conference, which ranks among the largest venture capital events in the Southeast, is scheduled for April 30 and May 1 at The Friday Center in Chapel Hill. Steve Jurvetson, managing director of Silicon Valley venture powerhouse Draper, Fisher, Jurvetson, will provide the keynote address.
CED’s Venture 2001 conference attracted more than 1,100 investors, lawyers, accountants, entrepreneurs and others.
The presenters at this year’s event cover the spectrum of life sciences, software, hardware, telecommunications and online services. Most of the firms are based in the Triangle, with a few from Wilmington, Charlotte and the Triad.
“It’s extremely balanced this year,” CED Vice President Dan Allred says of the variety of presenters. “It really reflects the different technology companies we have in this area and what’s being funded.”
The number of presenters is down from the 35 that presented last year, according to Allred. But CED is initiating two panel discussions at this year’s event in response to requests from attendees.
One panel will address university-developed technology, while the second will feature representatives from the North Carolina Treasurer’s Office, Duke Management and other institutional investors from the region.
LiveWire Logic of Morrisville is among this year’s presenters. Chief Executive Bill Warner says the selection recognizes the success the company has achieved and allows it to present its story to hundreds of potential investors.
“We get to see a whole lot of people at once,” Warner says, noting the company was among the early-stage companies to present at the Venture 2001 conference. “We’ve got customers this year, which is something we weren’t able to tell people last time.”
Respirics Chief Executive Gilbert Mott also is looking forward to
telling his company’s story, especially after sitting in the audience atlast year’s event and seeing the response presenters received.
“It will be great exposure for us,” Mott says. “Everybody has been so
squeamish about investing since September 11, and this event is
happening at the right time, as things start to heat up again.”
The 10 early-stage companies selected to present on the first day of the conference are as follows:
Advanced Integrated Manufacturing Solutions of Durham, which provides operational features and data analysis capabilities to detect and resolve shop floor problems.
Bandwidth.com of Durham, which helps businesses identify, price and purchase connectivity from telecommunication carriers.
Batanga of Greensboro, which provides radio media through the web to young Hispanics and reaches more than 700,000 listeners per month.
Compendia Solutions of Raleigh, which offers a patent-pending network fault management solution that handles a variety of network obstacles and directs managers to the most probable remedy for each.
Gentris of Morrisville, which utilizes the science of pharmacogenomics to improve clinical drug development and point-of-care diagnostics.
Numerical Design of Chapel Hill, which supplies real-time three-dimensional graphics software to developers of interactive 3-D video and computer games.
Piedmont Pharmaceuticals of High Point, which develops topically applied transdermal and long-acting pharmaceutical dosage forms.
Respirics of Raleigh, which offers dry-powder delivery of medication to the respiratory tract.
Synthematix of Durham, which provides informatics toolkits for building and mining organized and searchable institutional memory within pharmaceutical, biopharma and other chemistry-intensive companies.
Teamm Pharmaceuticals of Morrisville, which licenses or acquires under-promoted or non-promoted pharmaceuticals prescribed by primary care practitioners.
Main session presenters
The 18 companies presenting at the conference’s main session are as follows:
AlphaVax of Research Triangle Park, which develops and manufactures preventive and therapeutic vaccines and is initiating clinical trials for HIV, breast cancer and malaria treatments.
Athenix of Research Triangle Park, which provides genetic solutions for the agricultural, energy and chemical feedstock industries by discovering input and output traits and developing these traits into products.
ChannelAdvisor of Morrisville, which enables merchants to sell on online channels like as eBay, Yahoo and Amazon through its technology platform and technological services.
ChemCodes of Durham, which leverages a high-throughput, scalable and automated proprietary technology platform that combines experimental chemistry and informatics for the discovery and development of new medicinal compounds and materials.
cipherOptics of Raleigh, which provides cost-efficient and high-performance network security products that provide security at optical network speeds.
Convey Systems of Charlotte, which enables people in disparate locations to share information, work collaboratively and see and hear each other using a single web-based tool.
Cropsolution of Morrisville, which discovers and develops chemicals to protect crops from weeds, diseases and insect pests through its Evolution Chemistry technology.
LiveWire Logic of Morrisville, which leverages software technologies to create computer-generated conversational agents that can carry on human-like conversations with people, providing an alternative for companies in responding to customer telephone, live chat and e-mail inquiries.
LVL7 Systems of Cary, which offers network processing software that accelerates the development of network infrastructure equipment, including switching and routing devices that work across multiple silicon platforms and operating systems.
Merix Bioscience of Durham, which uses a propriety platform technology for the creation of cancer vaccines.
Nobex of Research Triangle Park, which develops modified drug molecules to improve medications for chronic diseases by enabling oral delivery of drugs currently delivered only by injection.
Overture Networks of Research Triangle Park, which helps telecom carriers deploying metro networks increase revenues, decrease costs and migrate to next-generation networks through its platform.
Peopleclick of Raleigh, which provides enterprise work force management software as a web service.
Pinpoint Networks of Cary, which provides wireless service providers with a carrier-class software platform that manages the distribution, provisioning and billing of mobile content and applications.
TalkingNets of Wilmington, which offers wholesale telephony solutions that allow carrier and reseller channel partners to offer voice services to small and medium-sized businesses.
Targacept of Winston-Salem, which discovers and develops neuronal nicotinic receptor-based therapies to treat diseases like Alzheimer’s, Parkinson’s, ulcerative colitis, depression, chronic pain, anxiety disorders, obesity and schizophrenia.
TogetherSoft of Raleigh, which develops software and services that enable enterprises to develop assets by managing change, mitigating risk and delivering frequent, tangible, team-driven results.
Trinity Convergence of Raleigh, which designs, develops and markets embedded software solutions for developers of converged network equipment, including packet voice and fax software for telecommunications OEMs.
For more information on the Venture 2002 conference, visit www.cednc.org/venture/2002.