Venture & Innovation
Stories about local business ventures and innovation.
Former VC is new leader at Georgia Tech Enterprise Innovation Institute
Yap to help smartphone users jog their memories
Memory Jogger developer picks Charlotte-based startup for voice-to-text conversion technology.
Bank of America to provide financing for Tesla’s $100,000 all-electric Roadsters
Charlotte-based Frontier Capital sells stake in Peak 10
Nebraska-based McCarthy Capital buys minority stake in managed services and data hosting provider as part of a 'recapitalization.'
'The sun will rise again,' VC firm Wakefield still in action, general partner says
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.
Small Business Administration boosts venture funding available from SBIC program
Small Business Investment Companies, which are privately held, have $17.4 billion under management and are licensed by SBA.
WSJ: Data Domain’s payoff to its VC backers is a whopper
Interactive marketing agency Definition 6 lands $15M investment
Navigation Capital Partners signs on as new investor in Atlanta-based company that touts itself as largest independent net-focused agency in southeast.
Venture fund raising plunges in 2Q – Both in number of funds, value
VC industry could be on track to raising lowest amount of money since 1997, latest NVCA and Thomson Reuters statistics show. Only $1.7 billion is raised by 25 funds in second quarter.
Andreessen’s new venture capital firm acts like angels
The Angel Connection: This new $300 million venture capital fund that looks, smells and walks like an angel fund. Andreessen Horowitz is focusing on the best entrepreneurs, products and technologies in the industry
A sales executive’s story
Venture fund raising drops to six-year low in first half of 2009
All types of funds are affected as economic downturn and lack of exits hit venture industry hard. The "overall sector is struggling," says Dow Jones Private Equity Analyst.
‘Streak’-ing is back at CED – for entrepreneurs
CEOs of Axial Project, 3DMedia to make their pitches to panel of potential investors, entrepreneurs and service providers. The payoff: A critique of their pitches.
