Lauren Hong

A Raleigh-based healthcare company raised $2.8 million from four investors, according to a filing with the Securities and Exchange Commission. Essential Health Solutions Inc. filed the Form D on Nov. 30. The company stated it has filed to raise $3.1 million, with $303,750 remaining. It did not disclose what the company intends to do with the proceeds. The offering is not expected to last more than one year. Founded on Nov. 15, 2016, the company does not have a website. Its office is located at 4101 Lake Boone Trail in Raleigh. President and CEO Corey DeHaven signed the Form...

A plant based in Winston-Salem is ceasing its manufacturing and assembly operations and laying off 123 employees, according to a filing with the North Carolina Department of Commerce. Kaba Ilco Corp., a manufacturer and supplier of mechanical and electronic locking system solutions, hotel locks, access control systems and safe locks, will move most of its jobs to a Mexican operation. It will have a transitional closing, with the first reductions occurring during the first half of 2017 and a final reduction in 2018. Kaba Ilco Corp. is a merger of the Kaba Group and the Dorma Group, headquartered in...

​A Morrisville, North Carolina-based company raised $2.3 million from nine investors, according to a Securities and Exchange Commission filing. Anutra Medical Inc. filed the Form D on Oct. 24. It did not disclose what it intends to do with the proceeds. The minimum amount accepted from an outside investor was $24,999. The medical device company develops local anesthetic delivery systems for dentists. It offers a local anesthetic delivery and buffering solution that simplifies the process of measuring doses of buffered anesthetic, a syringe that allows multiple doses in a single and disposable syringe and cassette that leverages engineering to...

Charter Communications, the new parent of Time Warner Cable, will lay off 258 employees at its Charlotte location starting this November, according to a notice filed to the state Commerce Department. The 258 layoffs at Charter Communications will begin on Nov. 1 and be completed by the end of June next year. The affected employees were notified of their termination on Sept. 12. In a statement provided to WRAL TechWire, Charter said the affected employees were offered the opportunity to transfer to another location and keep their jobs. “Charlotte remains a key corporate location for Charter and will maintain...

​A Raleigh-based software company seeks to raise $1 million in a private stock offering, according to a Securities and Exchange Commission filing. Entigral Systems Inc. filed the Form D on Sept. 14. It did not disclose what it intends to do with the proceeds. It has raised $185,000 already from the offering. The company, founded in 2003, develops and sells enterprise software solutions for asset management and tracking. Its most famous offering is its TraxWare software platform, a radio frequency identification sensor automation solution that allows a set of sensor-based asset tracking applications, such as work-in-progress management and warehouse...