Author Archives: the HedgeCo News Team
Raleigh, N.C.,-Based Network Security Firm Completes Second Financing Round
May 23–RALEIGH, N.C.–Network security company CipherOptics has completed its second round of financing with $9.6 million coming from an existing backer and some new investors. CipherOptics, formed in 2000, will spend the money on sales, marketing and the development of […]
Building An Ideas Company ; Accelerator Aims To Lure Best Concepts In Biotech Industry
Seattle’s biotechnology industry yesterday received another booster shot. Three of the country’s top-tier venture capital firms joined with Alexandria Real Estate Equities and Leroy Hood’s Institute for Systems Biology to create Accelerator Corp., a Seattle firm that will incubate new […]
Three Professionals Create $125 Million Investment Fund in Austin, Texas
May 23–A venture capitalist, an entrepreneur and a seasoned investment manager have partnered to launch a $125 million investment fund in Austin. Blue Sage Capital is the first fund created in Austin in at least two years, said Kirk Walden, […]
Former Massachusetts Leader Swift Joins Boston Firm That Invests in Education
May 23–Former acting governor Jane Swift, entering the venture capital world that Mitt Romney left to run for her office, has taken a job at Arcadia Partners, a Boston-based firm that invests infor-profit training and education companies. Swift, 38, began […]
Pennsylvania Technology Company Receives $2.50 Million; HyperNex, Inc. Closes Second Funding Round
STATE COLLEGE, Pa.–(BUSINESS WIRE)–May 23, 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 […]
Kodiak Venture Partners’ Dave Furneaux to Discuss Data Networking Market at TiECON 2003; Furneaux to Share Perspective on Areas of Growth and Opportunity
WAKEFIELD,Mass.–(BUSINESS WIRE)–May 23, 2003–Dave Furneaux, Managing General Partner at Kodiak Venture Partners, will participate in a panel of industry veterans, representing viewpoints from theenterprise, service provider, venture capital, and global research communities, who will share their perspectives on areas of […]
600 biotech capitalists in venture to Capital
EDINBURGH is to host one of the world’s biggest life science investment conferences a year from now, it has been announced. More than 600 top venture capitalists are expected to converge on the city next May when BioEquity Europe comes […]
Barings is back with Asia play
THE Barings name, missing from Asia since Nick Leeson’s bets on the Nikkei Average sank the bank in 1995, is set to return with a new hedge fund next month, writes Lachlan Colquhoun. Baring Asset Management is teaming with research […]
Chelmsford, Mass., Networking Startup Lands $30 Million in Venture Capital
May 22–CHELMSFORD, Mass.–Computer networking startup Acopia Networks Inc. has landed $30 million in its second round of venture capital funding. The 16-month-old company, which is set to release its first product next month, will use the cash to ramp up […]
Hope of big savings in shake-up of fund rules
THE proposed overhaul of rules covering investment funds could lead to the formal regulation of some hedge funds in the UK and will bring big savings to the fund management industry, analysts claim. The Financial Services Authority’s proposals will loosen […]
British Financial Firm Comes Back with Asia Hedge-Fund Play
May 22–The Barings name, missing from Asia since Nick Leeson’s bets on the Nikkei Average sank the bank in 1995, is set to return with a new hedge fund next month. Baring Asset Management is teaming with research house Fauchier […]
Stay Or Leave?
CEO of a local startup says New Mexico is stingy with incentives Aerospace Composite Structures is exactly the type of business New Mexico’s economic development leaders say they want to attract. It’s a clean industry, using a new process developed […]