Monthly Archives: June 2003

AUSTIN, Texas–(BUSINESS WIRE)–June 17, 2003– Investment from Partech International and Koch Ventures to Drive Adoption of Company’s Voice Services Among Mobile Operators Worldwide SoloMio Corp. (www.solomio.com), a leading provider of value-added voice services for mobile phone operators, has secured an […]

AUSTIN, Texas–(BUSINESS WIRE)–June 17, 2003– Investment from Partech International and Koch Ventures to Drive Adoption of Company’s Voice Services Among Mobile Operators Worldwide SoloMio Corp. (www.solomio.com), a leading provider of value-added voice services for mobile phone operators, has secured an […]

Vincent Chan, a Hong Kong-based venture capitalist specializing in mainland companies, has no qualms in describing his business as “opportunistic” or worse. “Our job is like that of a loan shark,” hesays. Self deprecation aside, venture capital, as a form […]

Jun. 17–‘Recession-proof’ biotech firms are solid venture-capital candidates, an industry expert says. William Paiva gets frustrated almost daily when he reads newspaper accounts about how the economy is in trouble. He notes that there are some shining stars worth focusing […]

Communications Startups Attract Venture Funding Despite Telecom Slowdown Telecom may be out, but communications startups are in. That’s according to venture capitalists, which have dumped some $60 million in the past year into Orange County startups that make communications technology. […]

2003 first quarter data on venture funding suggests that investors were hibernating for the winter-or at least their money was. A slow economy, world events, and the Iraqi conflict contributed to arough quarter for emerging growth companies seeking funds. But […]

LONDON (HedgeWorld.com) – American Express Financial Corp. agreed to buy Threadneedle Asset Management Holdings Ltd. from Zurich Financial Services Group for US$570 million in cash. Threadneedle, a manager of US$1.1 billion in hedge funds and US$75 billion overall, will not […]

SAN CARLOS, Calif.–(BUSINESS WIRE)–June 16, 2003–AuctionDrop, the leading eBay consignment service, today announced it has completed a $2.5 million round of funding led by Mobius Venture Capitaland Draper Associates, bringing the total raised to over $3.0 million. This second round […]

The Washington region has plenty of lawyers but not enough entrepreneurs. Plenty of office space, but not enough business-social networks. Plenty of airports, but not enough new high-tech companies. Despite an explosion of growth in the private sector and a […]

WALTHAM, Mass.–(BUSINESS WIRE)–June 16, 2003– TD Capital Technology Ventures Joins Sevin Rosen Funds and Solstice Capital in Current Round, Brings Extensive Experience in Speech Technology and Contact Center Markets to Unveil Unveil Technologies, Inc., a provider of enterprise speech self […]

The Washington region has plenty of lawyers but not enough entrepreneurs. Plenty of office space, but not enough business-social networks. Plenty of airports, but not enough new high-tech companies. Despite an explosion of growth in the private sector and a […]

TAMPA, Fla.–(BUSINESS WIRE)–June 16, 2003–Hyde Park Capital Advisors, LLC is pleased to announce the sale of CyLex Systems, Inc., a Boca Raton, Florida-based document management software company,to Ricoh Company Ltd. Hyde Park Capital Advisors, LLC, the investment banking subsidiary of […]