Author Archives: the HedgeCo News Team
Myrtle Beach, S.C.-Based Data Protection Firm Receives $1 Million Investment
May 28–Unitrends, a Myrtle Beach-based software data protection company, has received a $1 million investment from a venture capital firm dedicated to helping South Carolina’s high-growth companiesexpand. The cash will help Unitrends expand, including increasing the number of employees from […]
Hedge Funds Rock and Raise Money For a Good Cause
SYDNEY, Australia (HedgeWorld.com) – Long Tooth Capital, The Amplifiers and Typhoon may be new on the hedge fund scene, but don’t expect them to ever show up in any hedge fund databases. They are three rock bands made up of […]
Cheyne Adopts Mark-it for Pricing Credit Swaps
LONDON (HedgeWorld.com) – Mark-it Partners Ltd., which offers a credit derivatives pricing service, signed on hedge fund manager Cheyne Capital Management Ltd., London, as its first asset managerclient. Cheyne agreed to use Mark-it’s credit derivatives swap data for three years, […]
Venture Firms Pump $17.4 Million into Morrisville, N.C., Semiconductor Maker
May 28–A group of venture capitalists put new zip into Ziptronix, a fledgling semiconductor innovator in the Triangle. The Morrisville company closed Tuesday on a $17.4 million infusion from Grotech Capital Group, a Maryland-based firm, and Intersouth Partners of Durham. […]
Denver-Based Venture Capital Group Invests $64 Million in Energy Start-Ups
May 28–Denver-based Altira Group LLC raised $64 million to fund young energy technology companies. It’s the largest amount ever raised by Altira, a venture-capital firm that in three previous funds has invested a total of about $41 million in startup […]
Unveil Technologies Secures $4.5M in Series A Venture Round
WALTHAM, Mass.–(BUSINESS WIRE)–May 27, 2003– Investment by Sevin Rosen Funds and Solstice Capital will Fund Company Growth and Accelerate Time to Market for Speech Self Service Application Software Unveil Technologies, Inc., a provider of enterprise speech self service applications for […]
Pennsylvania Technology Company Receives $2.50 Million; HyperNex, Inc. Closes Second Funding Round
STATE COLLEGE, Pa.–(BUSINESS WIRE)–May 27, 2003–HyperNex, Inc. today announced the completion of a $2.5 million venture capital funding round, led by Draper Triangle Ventures with new investmentsfrom CID Equity Partners and Draper Fisher Jurvetson. Existing investors, Staley Capital Partners and […]
Daughter of third way architect seeks to tackle social decay with venture capitalism: Bridges over troubled communities
First thing today a group of smartly dressed executives are sitting down in an office near Paddington in London to take a decision on whether to back a new business. The size of the investment, less than pounds 1m, is […]
Stimulating ICT growth, NEW STRAITS TIMES-MANAGEMENT TIMES
xfdws STIMULATING-ICT sked Emerging Markets Datafile May 26, 2003 NEW STRAITS TIMES-MANAGEMENT TIMES MALAYSIA ENGLISH Stimulating ICT growth, NEW STRAITS TIMES-MANAGEMENT TIMES Rozana Sani ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 BY WORLDSOURCES, […]
Upturn nigh for venture capitalists
VENTURE capitalists in the UK are confident the worst of the downturn is over, and this should drive deal activity in the coming months, according to a new survey published today. A quarter of the venture capitalists surveyed by accounting […]
BluMont and Man Group Together for Second Canadian Note
TORONTO (HedgeWorld.com) – BluMont Capital Corp. launched its second structured hedge fund, the BluMont Man-IP 220 Series 2 Notes. The issue follows the successful sale of C$62.7 million (US$46 million) of the Series 1 notes, both of which are managed […]
FSA Proposes Regulation Overhaul
LONDON (HedgeWorld.com) – The UK’s Financial Services Authority has proposed a sweeping change in the system by which it regulates investment funds – a change that would introduce some hedgingstrategies to the retail market. The proposal, announced May 21, would […]