Author Archives: the HedgeCo News Team
ClearMed Raises $7.2 Million in Series A Financing; Funding to Fuel Growing Demand for ClearMed’s Innovative Medical-Device Reprocessing Service
BELLEVUE, Wash.–(BUSINESS WIRE)–May 1, 2003–Bellevue-based ClearMed Inc. has received $7.2 million in venture capital led by Integra Ventures, a Seattle life-sciences venture-capital firm. The financing was supported by Buerk, Craig and Victor LLC (Seattle); Eaglestone Investment Partners ILP (Long Beach); […]
Arrayjet raises funding package worth (pounds) 1m
Arrayjet has raised a (pounds) 1m funding package that will allow the Dalkeith start-up to take the printer it developed to speed up genetic testing to market. The cash includes (pounds) 200,000 from the (pounds) 20m Co- Investment Fund, in […]
VC in NC: Bucking the National Trend
But investments still are scarce for entrepreneurs who often need funds the most – “seed” startups. When it comes to “Top Ten” lists, venture capital statistics are not something David Letterman everwould consider for “The Late Show.” But those figures […]
Fast Lane: STATE – Venture Capital Fund Invests $40M in Tri-State Area
FORT Washington Capital Partners has raised $40 million for a new fund created to drive investment in early-stage-venture capital opportunities in the northern Kentucky, central and southwesternOhio, and southeastern Indiana region. The Tri-State Growth Capital Fund I, L.P. will support […]
Venturing forth
A Northern Virginia venture capitalist, speaking at Shenandoah University last month, compared the bubble of the late 1990s to today’s investing climate. Back then, the business strategy was first to market; now it is first to profitability, said John Backus, […]
Meritage still taps telecom sector
THERE’S A METHOD BEHIND ONE VENTURE capital firm’s investments in an industry that has spawned headline-making bankruptcies, disappointing earnings, scandals and lawsuits. Denver-based Meritage still focuses on the telecommunications industry, and it is actively seeking new startup companies. Despite the […]
North America
Investment funds boost E&P PRIVATE equity funds are playing an increasingly important role in the region’s energy sector. Propelled by investors who are less anxious about short-term results, the funds are welcomed by companies that are tired of being punished […]
Derivatives – a time for caution?
Warren Buffet has chosen a new financial weapon of mass destruction – the derivative. His comments appear to contradict the views of Alan Greenspan, the Chairman of the Federal Reserve. However, asPeter Banyard points out, the warning signs are there, […]
Head of Mutual Funds at Fidelity Investments Criticizes Hedge Funds, New Rules
Apr. 30–In a rare public appearance, Abigail Johnson, chief of mutual funds at Fidelity Investments, took aim last night at hedge funds and new regulations aimed at her industry, while urginginvestors to stay in the market for the long term. […]
Ofek Capital Corp. -OFCC- Reduces its Current Shares Outstanding by 8.25%
TORONTO–(BUSINESS WIRE)–April 30, 2003–Ofek Capital Corp. (Pink Sheets:OFCC) has cancelled and brought back to the treasury 2,735,000 of their issued and outstanding common shares. The returnrepresents approximately 8.25% of the Company’s capital stock. The Company notes this is a significant […]
CarParts Technologies Wins Three New Major Customers in Automotive Aftermarket
SAN JUAN CAPISTRANO, Calif.–(BUSINESS WIRE)–April 30, 2003– Appeal of Integrated Products vs. Single-Point Solutions Elevates Demand for CarParts Technologies’ Software Across Aftermarket CarParts Technologies Inc. (CPT), the leading provider of open, eCommerce and business automation software solutions for the automotive […]
Insevo Announces Merger with Taviz Technology; Company’s Suite of Products Simplifies Enterprise Integrations and Migrations
SAN MATEO, Calif.–(BUSINESS WIRE)–April 30, 2003–Taviz Technology, a leading provider of intelligent adapters for enterprise application integration and migration, and Insevo, Inc., the leadingprovider of J2EE Connector Architecture application integration solutions, announced today that they have combined the operations of […]