Preation, a website services firm launched by iContact co-founder and Chairman Aaron Houghton, is among five startups that have leased office space at the American Underground in the American Tobacco Historic District.

The Underground, which offers space and shared facilities, opened in October with the Council for Entrepreneurial Development among the first organizations becoming tenants.

The four other new members are:

  • Acorn Innovestments
  • Adzerk
  • Jaargon Ltd.
  • Two Toasters

In addition to the CED, other tenants include Joystick Labs and Launchbox Digital.
Acorn Innovestments looks to invest in startups focused on advanced materials, manufacturing and environmental technology.

Adzerk is developing ad server technology and currently has a product in beta testing.

Jaargon focuses on delivery of healthcare information to mobile devices on demand.

Preation, meanwhile, is planning to launch a new web platform that incorporates search engines and social networks.

Two Toasters is an ad and marketing agency focused on iPhone and Android mobile applications.

The American Tobacco complex is owned by Capitol Broadcasting, the parent company of Local Tech Wire and WRAL.com.

Get the latest news alerts: Follow LTW at Twitter.