Author Archives: the HedgeCo News Team
Vienna Firm Gets a New Investor
E-Security Inc. had already raised $30 million from venture capitalists, but when a new investor came knocking, it didn’t say no. Today the Vienna-based security software company plans to announce a $5 million investment from Advanced Technology Ventures Inc. (ATV), […]
Venture Capital Mergers, Investment Sales Decline
Venture capitalists, who have not had much luck selling their investments to the public lately, are having almost as much trouble trying to sell their investments to other companies. The number of venture-backed companies sold in the first three months […]
Sabrix Secures $10.5 Million in Series C Funding to Accelerate Growth; Cisco and York among key recent Global 2000 customer wins
SAN RAMON, Calif.–(BUSINESS WIRE)–May 14, 2003–Sabrix, a leading provider of global transaction tax management software and world class tax research, today announced it has received $10.5 millionin Series C financing, led by Trinity Ventures, with participation by existing investors Mohr, […]
The Boston Globe Downtown Column
May 14–A decade ago, when Massachusetts was also mired in recession, a Republican governor named Bill Weld rolled out an innovative plan to leverage the state’s most important resource, our brains,by starting an emerging technology fund to seed promising new […]
Electronic Trading Systems Link For Direct Access to NYSE
NEW YORK (HedgeWorld.com) – FutureTrade Technologies is adding access to the New York Stock Exchange floor brokerage services through a strategic partnership with JNK Securities, an institutionaldirect access NYSE member firm. The partnership with JNK will enhance the listed execution […]
SEC Considers Putting Hedge Funds under Restrictions Similar to Mutual Funds
May 13–Investors who have been hurt by the stock market have searched for anything that has been making money during the last three years. For some, the answer has been hedge funds — high-risk,largely unregulated investment pools. Indeed, hedge funds […]
North Carolina Biotech Center Invests in Startup Fund
May 13–A Triad seed-stage investment fund is one step nearer to closing another round with a recent investment from the N.C. Biotechnology Center. The center, based in Research Triangle Park, has pledged $15,000 to the Inception Micro Angel Fund LLC, […]
Maryland Program Teaches Students the Rigors of Small-Business Planning
May 13–It’s not always the thought that counts. At a recent business plan competition at the University of Maryland College Park, young engineers and would-be chief executive officers vying for a piece of a $50,000 pot pushed everything from super-safe […]
Panacya Selected to Present at MAVA Capital Connection 2003
COLUMBIA, Md.–(BUSINESS WIRE)–May 13, 2003– Chairman and CEO Jeb Connor to Discuss Award-Winning e-Business Management Software Firm’s Growth Plans at Region’s Most Prestigious Venture Fair Reinforcing its standing as one of the region’s most successful early stage high technology firms, […]
Clickmarks Announces $5 Million in Venture Financing
Clickmarks, a provider of software solutions for web and wireless application development and deployment, today announced the closing of an additional round of venture funding, investments from Silicon Valley venture capital firm Draper Fisher Jurvetson ePlanet Ventures, RB Webber & […]
Hedge Fund Portfolio Shrinks at PXRE
HAMILTON, Bermuda (HedgeWorld.com) – Reinsurance company PXRE Group Ltd. reduced its hedge fund portfolio by US$4.2 million in the first quarter of this year. The net reduction came amid a quarterly period when its hedge funds returned 8.2% on an […]
Advent Markets Hedge Fund Software Package
SAN FRANCISCO (HedgeWorld.com) – Aiming for the top spot among hedge fund software providers, Advent Software Inc. is marketing its hedge fund technology as a package made up of the many pieces ofits technology arsenal. Even as the firm officially […]