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Local Tech Wire

PINEHURST, N.C. – Jim Whitehurst, chief executive officer at (NYSE: RHT), delivers the opening keynote speech Wednesday afternoon as the CED’s annual venture conference gets underway in Pinehurst.

The event is one of the biggest draws for entrepreneurs, investors and service providers across the southeast.

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The two-day program includes presentations from 27 companies seeking funding as well as appearances by seven university related startups.

Dating back 25 years, the conference is the oldest in the region, according to CED.

Whitehurst is scheduled to discuss Red Hat’s business model as one that could be emulated by others. He is scheduled to speak at 2:45 p.m.