Author Archives: the HedgeCo News Team
National University of Singapore Launches Enterprise Center in Silicon Valley
SANTA CLARA, Calif., May 30 (AScribe Newswire) — The National University of Singampore Enterprise Center in Silicon Valley (NECSV), a university-level business incubation center situated in SantaClara, Calif., was officially launched on Friday, May 30, by Mr. Raymond Lim, Minister […]
Durham, N.C.-Based Secure Data Technology Start-Up Secures Venture Capital
Jun. 20–DURHAM, N.C.–XActional, a startup developing technology to make online exchanges of critical corporate data more secure, raised $2.5 million in venture capital — a sign of life in what hasbeen a quiet market for new software companies. And the […]
US Venture Capital Firm Launches Australian Biotech Fund on Eve of BIO 2003
WASHINGTON–(BUSINESS WIRE)–June 20, 2003–Dramatic changes to Australian venture capital tax and fund-raising laws have already paid off with the announcement today that a leading US VC firm islaunching a USD$200 million biotech fund to take advantage of the fast growing […]
TEDCO’s President
Phillip Singerman is president and executive director of Maryland Technology Development Corp. (TEDCO), a quasi-public organization that promotes promotes economic development in the state through the commercialization, development and deployment of technology. Singerman is a former head of the Economic […]
US Venture Capital Firm Launches Australian Biotech Fund on Eve of BIO 2003
WASHINGTON–(BUSINESS WIRE)–June 20, 2003–Dramatic changes to Australian venture capital tax and fund-raising laws have already paid off with the announcement today that a leading US VC firm islaunching a USD$200 million biotech fund to take advantage of the fast growing […]
TEDCO’s President
Phillip Singerman is president and executive director of Maryland Technology Development Corp. (TEDCO), a quasi-public organization that promotes promotes economic development in the state through the commercialization, development and deployment of technology. Singerman is a former head of the Economic […]
Network365 completes E10m funding
Network365, the Irish mobile payment technology provider, has completed a E10 million round of private equity funding, led by London-based Advent Venture Partners. Other investors are Amadeus Capital Partners, Trinity Venture Capital, JAFCO and Enterprise Ireland. Last week the Wicklow-based […]
Faroe raises pounds 15m before AIM listing
THE INDEPENDENT oil company Faroe Petroleum, whose investors include the venture capitalist 3i Group and the oil exploration company Dana Petroleum, raised pounds 15m through a placing before itslisting on the AIM market. The company is listing 14.5 million shares, […]
Amphion closes third and final funding round of E4.3m ; The Northern Ireland firm is ‘bloodied but still standing’
Amphion Semiconductor, a Belfast-based provider of virtual components for broadband and multimedia communications, yesterday announced that it had closed a $5 million (E4.3 million) funding round,led by the Dublin-based ACT venture capital firm. The syndicate Apax Partners, leaders in the […]
Direct Response Financial Services, Inc. Announces New Management Team and New Board of Directors; New Management Focuses on Building Revenues and Acquisitions
LOS ANGELES–(BUSINESS WIRE)–June 19, 2003–Direct Response Financial Services, Inc. (OTCBB:DRFL) as part of its restructuring announced today a new management team and new Board of Directors. Mr.Ted Kozub replaces Rodney Ray as Chief Executive Officer and will also serve as […]
Pelikon gets pounds 3.2m investment ; World leader in hitech display systems will use funding for expansion
HITECH electronics company Pelikon has secured an additional pounds 3.2m of venture capital investment. It is the third round of funding the Caerphillybased business has secured since it was founded in 2000, and brings the total to more than pounds […]
Lowell, Mass.-Area Entrepreneurs Get Tips on Raising Venture Capital
Jun. 19–LOWELL, Mass.–One of the area’s most successful entrepreneurs gave up-and-comers some tips in raising venture capital during last night’s meeting of the Merrimack Valley Venture Forum. Ron Sege, chief executive of Ellacoya Networks in Merrimack, N.H., honed in on […]