Monthly Archives: June 2003
FAME releases guide on venture capital
AUGUSTA – The Finance Authority of Maine has released an information guide on venture capital. The guide, “Financing Bright Ideas: A Primer on Venture Capital in Maine,” provides facts on what venture capital is, how to get it and what […]
Linux Enterprise Software Firm Scalix Secures Series A Round of $13.2 Million
PALO ALTO, Calif.–(BUSINESS WIRE)–June 4, 2003– Mayfield and New Enterprise Associates Demonstrate Strong Support of Company’s Unusual Blend of Talent, Technology and Opportunity Scalix Corporation today announced the close of a $13.2 million Series A financing round led by New […]
Pilot Software Secures $5 Million in Funding From Key Investors Including U.S. Trust; G-51 Capital; and J. Patrick Horner, Founder of Electronic Data Systems’ Government Systems Group and Perot Systems
MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–June 4, 2003– Cash Flow Positive Status and Series a Financing Position Company to Aggressively Tap into $10 Billion Business Analytics Market Pilot(TM) Software, a leading provider of business analytics solutions, today announced that it has closed […]
Axtive Corporation’s New Board Meets for the First Time
DALLAS–(BUSINESS WIRE)–June 4, 2003–Axtive Corporation (OTC:AXTV) announced the first meeting of its new Board of Directors. The Board, formed concurrently with Axtive’s recent capital raise andacquisition of ThinkSpark, Inc., has been expanded to include seven members. In addition to two […]
WebCohort Raises $12 Million in Series B Funding; Adds Asheem Chandna to Board
PALO ALTO, CA — (MARKET WIRE) — 06/04/2003 — WebCohort Inc., the leader in next-generation web applications and database security solutions, today announced that the company has raised $12 millionin Series B financing. The round was led by US Venture […]
Defywire Eyes Expansion With $4.5 Million Round
The last time Jill Stelfox set out to raise $3.5 million for a start-up company, closing the deal took just 90 days and involved meetings with 25 venture investors. Thatwas in 1999. This time it took Stelfox, chief executive of […]
Make Pitches More Focused, Wisconsin Venture Capitalist Tells Entrepreneurs
Jun. 4–Wisconsin entrepreneurs looking for money could stand to polish the pitches they take to investors. Some approach investors who don’t specialize in that industry. Others seek investment from investors who back more mature companies when what they really need […]
Defywire Eyes Expansion With $4.5 Million Round
The last time Jill Stelfox set out to raise $3.5 million for a start-up company, closing the deal took just 90 days and involved meetings with 25 venture investors. Thatwas in 1999. This time it took Stelfox, chief executive of […]
Property news: Hedges at the root of many disputes
Hedges are the root of many a neighbourhood dispute, so homeowners suffering in the shadow of someone else’s overgrown variety may be pleased to hear about a new leaflet, Over the Garden Hedge. Itoffers advice on the type of hedge […]
No Help Is in Sight For Florida Venture-Capital Program
Jun. 3–TAMPA, Fla.–High-tech start-up companies are strapped for cash, and venture capital investments are nearly kaput in Florida. Any help from the government would seem welcome. But it won’t come this year. A state program that would pump $75 million […]
Investment Adviser Report Shows Growing Number of Registered Hedge Fund Advisers
LAKEVILLE, Conn. (HedgeWorld.com) – The number of investment advisers that provide investment services to hedge funds or other pooled investment vehicles are on the rise, according to a recent studyfrom the Investment Counsel Association of America and National Regulatory Services. […]
Venture Capital Firm Makes Initial Investment from Sacramento, Calif., Office
Jun. 3–Two years after first exploring opportunities in the Sacramento region, a leading Silicon Valley venture capital firm has made its initial investment from its local office, cutting a dealwith a Chico startup. DFJ Frontier said Monday it is investing […]