Author Archives: the HedgeCo News Team

PALO ALTO, Calif.–(BUSINESS WIRE)–Aug. 18, 2003–Summit Partners, a leading global private equity and venture capital firm, today announced that it has named Harrison B. Miller general partner ofthe Summit Accelerator Fund, the venture capital arm of Summit Partners. Miller was […]

MORE than a quarter of technology businesses rely on a bank loan or overdraft to fund development, according to a study by Grant Thornton. Only 12% depend on cash from the venture capital market, suggesting that some could be missing […]

MARINA DEL REY, Calif.–(BUSINESS WIRE)–Aug. 18, 2003– — BA Venture Partners Leads Round, Sierra Ventures Returns as Investor — — Funds Earmarked for International Expansion and Additional Data Centers– FrontBridge Technologies Inc., a market-leading provider of email security and message […]

AUSTIN, Texas–(BUSINESS WIRE)–Aug. 18, 2003–Austin Ventures, one of the nation’s most active venture capital firms, today announced the promotion of Craig Milius to principal. Milius will continueto focus his efforts on identifying and partnering with exceptional management teams of leading […]

Since interest rates began surging in the United States a few weeks back, the folks wearing the rose-colored shades have said the climb is proof that an economic recovery is nigh. But there issomething more than a nascent rebound driving […]

THE new head of the New Zealand Software Association, Bell Gully lawyer Wayne Hudson, is concerned a government-backed scheme to provide venture capital to hi-tech start-ups hasn’t yet resulted inmuch funding for software firms. The New Zealand Venture Investment Fund […]

NEW YORK (AP) – Peregrine Systems Inc. said Monday its chief executive, Gary Greenfield, stepped down and was replaced by John Mutch, one of the software company’s new board members. Greenfield joined the San Diego company in June 2002 amid […]

By Yuka Yamamori Tokyo, Aug. 18 (Jiji Press)–The Japanese stock market looks set to enter a new stage of uptrend, with the key Nikkei average closing above the 10,000 threshold on the Tokyo Stock Exchange on Monday for the first […]

Tokyo, Aug. 18 (Jiji Press)–The key Nikkei average finished above the 10,000 threshold for the first time in one year on the Tokyo Stock Exchange Monday, as foreign investors snapped up a broadrange of issues amid expectations for Japan’s economic […]

PHOENIX–(BUSINESS WIRE)–Aug. 18, 2003–Vital Living Inc. (OTCBB: VTLV) today announced that David M. Allen will be joining the Board of Directors of Vital Living. Mr. Allen, aged 61, has served as Managing Director of Investment Information Services, Ltd., (IISL) since […]

Organizers of the fifth annual Intermountain Venture Forum-Boise have extended the deadline for applications from fund-seeking businesses from Aug. 8 to Aug 27. The forum, slated Oct. 1-2 at Boise Centre on the Grove, will feature presentations to venture capital […]

Paced by a pair of advanced-stage hightechnology businesses, Westchester’s venture capital market rebounded to the highest amounts of financing recorded since the economic skid put an end to therecords of the 1990s boom. Six Westchester companies received more than a […]