05.07.08
CNN.com, Mixx Enter Alliance to Bolster Online News Community
Press Release
MCLEAN, Va.--(BUSINESS WIRE)--CNN and Mixx, a branded social news community, have entered an online content and co-marketing alliance to provide consumers with a seamless way to add CNN.com headlines and stories to their own personal blend of online news, information, photos and videos on Mixx.
05.01.08
6th Sense Analytics and Journyx Partner to Automate Time Tracking
CarolinaNewswire
MORRISVILLE, N.C. -- 6th Sense Analytics, Inc. and Journyx have partnered to deliver an automated time tracking solution. The integrated solution populates Journyx Timesheet™ with activity data automatically collected by 6th Sense Analytics.
04.28.08
New venture funds point Argos to a development crossroads
Fierce Biotech
Last week, Argos Therapeutics took a $35 million step toward its goal of generating proof-of-concept data. And after its first new venture round in six years, the developer was also able to see its next act start to come more clearly into focus.
04.24.08
Biotech firm gets $35 million
News & Observer
A Durham biotech company that is developing products to help boost patients' immune systems has picked up $35.2 million in new funding.
04.24.08
Aldagen Rounds Up $18M Insider Funding
Dow Jones VentureWire
Biopharmaceutical company Aldagen Inc. has raised an $18.4 million private funding round through inside investors Intersouth Partners, Tullis-Dickerson, Harbert Venture Partners and Aurora Funds.
04.23.08
Argos Pursues Phase II Data With $35M
Dow Jones VentureWire
Biopharmaceutical company Argos Therapeutics Inc. has closed a $35.2 million Series C round with the goal of obtaining positive Phase II results for its renal cell carcinoma- and HIV-targeted treatments.
04.22.08
SciQuest Selected as a Finalist in the 2008 Red Herring 100 North America
Press Release
CARY, N.C. -- SciQuest, Inc., the global leader in helping academic, healthcare and research-centric organizations realize the potential of strategic procurement, today announced that the company has been named a finalist for the Red Herring 100 Award, recognizing the 100 most innovative private technology companies based in North America.
04.21.08
TapRoot Systems Announces Free Trial Version of WalkingHotSpot™
Press Release
RESEARCH TRIANGLE PARK, N.C. -- TapRoot Systems Inc., a leading developer of software for the smartphone market, today announced that it is providing free trial versions of its WalkingHotSpot™ solution to Wi-Fi enabled smartphone users.
04.16.08
6th Sense Analytics Announces Integration with Atlassian's JIRA
CarolinaNewswire
Morrisville, NC – 6th Sense Analytics Inc., provider of unbiased data and metrics into the status of outsourced software development projects, today announced its integration with Atlassian’s JIRA product, a bug tracking, issue tracking, and project management application.

04.16.08
Aldagen Announces Initiation of ALD-101 Phase III Trial for Improving Cord Blood Transplants in Pediatric Patients with Inherited Metabolic Diseases
Press Release
Durham, NC – April 16, 2008 – Aldagen, Inc. today announced that the first patient has been treated in a Phase III clinical trial for ALD-101. Aldagen is developing ALD-101 to improve cord blood transplants used to treat inherited metabolic diseases in pediatric patients. ALD-101 is a population of adult stem cells isolated from cord blood using Aldagen’s proprietary technology. The company commenced the Phase III clinical trial of ALD-101 to evaluate its ability to accelerate neutrophil and platelet engraftment following cord blood transplantation in these patients.

04.02.08
SciQuest Announces 40% Year-Over-Year Revenue Growth
Press Release
CARY, N.C. – SciQuest, Inc., the global leader in helping organizations realize the potential of strategic procurement, announced that the company’s revenues for 2007 increased by 40 percent over fiscal year 2006.
03.26.08
TapRoot Turns Smartphones Into Hotspots
PC Magazine
If you're carrying a Windows Mobile device, you're probably carrying high-speed Internet around with you. With its new "Walking HotSpot" software, TapRoot Systems wants to liberate that Internet to connect PCs and whatever other Wi-Fi devices you have around.
03.19.08
Alimera Raises $29M Series C
Dow Jones VentureWire
Seeking to strengthen its bid to go public later this year or early next, Alimera Sciences Inc. has raised a $28.5 million Series C round to acquire a majority stake in a diabetic macular-edema drug that it was developing with a partner.

03.18.08
Dan Traub of SciQuest Named a 2008 'Pro to Know' by Supply & Demand Chain Executive
CarolinaNewswire
CARY, N.C. -- SciQuest, Inc., the global leader in helping academic, healthcare and research-centric organizations realize the potential of strategic procurement, today announced that Dan Traub, lead solution engineer for the company, has been selected as a 2008 "Provider Pro to Know" by Supply & Demand Chain Executive magazine. Traub is featured in the magazine's February/March 2008 issue.
03.14.08
Proteon Thera Adds Gregory Phelps To Board
Dow Jones VentureWire
Proteon Therapeutics Inc., a developer of drugs to address kidney and vascular diseases, has appointed Gregory Phelps to the company's board of directors.
03.12.08
Proteon Therapeutics Receives European Patent
Press Release
WALTHAM, MA, and KANSAS CITY, MO (March 11, 2008) — Proteon Therapeutics, Inc., announced today that a key patent has been issued by the European Patent Office.
03.10.08
Argolyn Bioscience Grows Management Team
Press Release
CHARLESTON, SC and RESEARCH TRIANGLE PARK, NC – March 10, 2008 – Argolyn Bioscience Inc., a biotechnology company developing novel drugs to treat psychosis, pain and other disorders, today announced that it has expanded its management team with the addition of two key leaders.
03.04.08
Pfizer Picks Up Seven-Year-Old Serenex
Dow Jones VentureWire
Pfizer Inc., in a continued effort to reinvigorate its drug pipeline, has agreed to acquire cancer treatment developer Serenex Inc., a seven-year-old company that raised $81 million in equity over its life.
03.04.08
Aldagen Snags 27-Year J&J Exec As Finance Chief
Dow Jones VentureWire
Aldagen Inc., a biotechnology company advancing a pipeline of clinical-stage regenerative therapies, has hired David P. Carberry as chief financial officer.
02.15.08
Photonics Co. Gemfire Acquires Covega
Dow Jones VentureWire
Integrated photonics company Gemfire Corp. has announced the completion of an acquisition of Covega Corp., a developer of optical devices and modules.
02.13.08
Semprius Awarded $900K DOE SAI Program
Press Release
U.S. Department of Energy (DOE) Secretary Samuel W. Bodman today announced that the Department will invest $21.7 million in next generation photovoltaic (PV) technology to help accelerate the widespread use of advanced solar power, including a $900,000 grant to Semprius.
01.28.08
So Many, Many Words
Wall Street Journal (subscription required)
Companies have a treasure trove of customer intelligence. Now they also have the tools from companies like Clarabridge to make sense of it.
01.21.08
Zenoss Achieves 500,000 Download Milestone and Announces
Press Release
Annapolis, MD -- January 22, 2007 – Zenoss, Inc., the leading commercial open source network and systems management software provider, today announced the achievement of a series of key company milestones including an $11 million round of financing, 500,000 downloads of its flagship product and a tenfold annual increase in its commercial customer base.
01.11.08
Cempra gets $10M infusion; total investments top $30M
Triangle Business Journal
Triangle drug developer Cempra Pharmaceuticals has reached to the West Coast to snare an additional investor in a new financing round that will put $10 million into the company's war chest.
01.11.08
NovaMin sees breakout year for tooth renewing products
TechJournal South
ALACHUA, FL—NovaMin, one of the presenting companies at the second annual Southeastern Venture Conference Feb. 27-28 at Tysons Corner, Virginia, sees 2008 as “a breakout year,” for its tooth renewing technology, which has been called “the most important discovery for dental hygiene since fluoride.”
12.18.07
Aldagen Appoints Laurence Keller, MD as Chief Medical Officer
Press Release
Durham, NC – December 18, 2007 – Aldagen, Inc., a biotechnology company advancing a pipeline of clinical-stage regenerative therapies, today announced that Laurence Keller, MD has been appointed as Chief Medical Officer (CMO).
12.12.07
Location-Based Services May Be Ready To Monetize
Dow Jones VentureWire
A new term floating around mobile technology circles is "mapvertising," which is the ability to purchase advertising inventory based on the advertiser's location.
11.28.07
Integrian refocuses
Forbes
WASHINGTON, D.C. - In early 2004, Peter Durand took the top job at Integrian, a North Carolina company specializing in mobile surveillance systems for vehicles like police cars and buses. It's been a busy run since, with two venture funding rounds closed, three acquisitions, and a headcount that went from 12 to 200.
11.19.07
Aldagen to Present at 19th Annual Piper Jaffray Health Care Conference
Press Release
Durham, NC – November 19, 2007 – Aldagen, Inc., a biotechnology company advancing a pipeline of clinical-stage regenerative therapies, today announced that W. Thomas Amick, Chairman and CEO of Aldagen will be presenting at the 19th Annual Piper Jaffray Health Care Conference taking place from November 27-29 in New York, NY. During the presentation, Mr. Amick will provide an overview of the company including recent clinical and strategic developments.
11.16.07
Aldagen Adds Joel Kimbrough To Board
Dow Jones VentureWire
Aldagen Inc., a biotechnology company advancing a pipeline of clinical-stage regenerative therapies, has added Joel R. Kimbrough to its board of directors.
11.13.07
Web 2.0: Hype or Reality?
Triangle Business Journal
A new breed of tech companies are playing off faster broadband Internet speeds to offer online social and business networking tools. Featured clockwise are Triangle Web 2.0 enthusiasts, Red Hat’s Lee Congdon, Near-Time’s Reid Conrad, Intersouth Partners’ Mitch Mumma and Ryan Allis of iContact.
11.12.07
Semprius Awarded $900K DOE SAI Program
Press Release
Secretary Samuel W. Bodman today announced that the Department will invest $21.7 million in next generation photovoltaic (PV) technology to help accelerate the widespread use of advanced solar power.
11.12.07
Nitronex's 5W GAN on SI RF Power Transistor for Volume Production
Press Release
Durham, N.C. (November 12, 2007) — Nitronex, the global leader in gallium nitride on silicon (GaN on Si) RF power transistors for the wireless infrastructure, broadband and military markets, has developed a 28V, 5W class high electron mobility transistor (HEMT) designed for broadband applications.
11.07.07
Sentillion's solution stacks up
SearchServerVirtualization.com
If more companies used virtual desktop technologies, there would be a lot fewer news stories about stolen corporate laptops.
11.06.07
Nitronex Qualifies New Wafer Fab for Volume Production
Press Release
Durham, N.C. (November 6, 2007) — Nitronex, the global leader in gallium nitride on silicon (GaN on Si) RF power transistors for the wireless infrastructure, broadband and military markets, has qualified its new, state-of-the-art manufacturing facility.
10.05.07
Ziptronix Names New President & CEO
Press Release
Morrisville, N.C. – October 5, 2007 – Ziptronix, Inc., a leader in developing next-generation three-dimensional semiconductor integration strategies and processes, today announced that Kenneth L. Donahue has joined the company as President and CEO.
09.27.07
Overture gets $12 million for Europe, new products
News & Observer
Overture Networks secured $12.3 million in venture capital that the seven-year-old Morrisville telecommunications company plans to use to hire more sales reps and compete for customers in Europe.
09.24.07
Innovation Awards: Where Are They Now?
Wall Street Journal
The Journal's past Innovation Awards winners, including Semprius, have been busy lately. Here's a look at the progress some have made .
09.17.07
Intersouth again invests in Proteon
Triangle Business Journal
Durham's Intersouth Partners has pumped more cash into Proteon Therapeutics, a Waltham, Mass., company developing drugs for kidney and blood diseases.
09.10.07
Alimera Sciences Signs Agreement with Emory University
Press Release
Alimera Sciences will enter into an exclusive worldwide agreement with Emory University to explore oxidative stress management -- specifically the reduction of reactive oxygen species (ROS) -- as a treatment for ophthalmic diseases.
08.27.07
Software Can Speed and Simplify the Provisioning of IT Users
Computerworld
Since BryanLGH began deploying Sentillion Inc.’s Provisioning Manager application in 2005, it has dramatically cut the time needed to equip new employees with accounts and passwords. The system has also helped the hospital comply with the Health Insurance Portability and Accountability Act by providing reports and an auditable, consistent process for assigning access to patient data.
08.14.07
6th Sense Analytics Provides Free Public Access To Developer Community Data
Carolina NewsWire
6th Sense Analytics, Inc., a pioneer in automating software development metrics, today announced the availability of a free public resource for understanding trends in the software development community, based on data collected from the 6th Sense Analytics user community.
08.02.07
New patrol car cameras to hit streets
Midland Reporter-Telegram
Midland, Texas officials say a new camera, referred to as a DP2, will allow better surveillance and a 60-hour recording time, whereas the cameras in use now only have a 40-hour recording time. "We have eight or nine in now, so the DP2s should be operational within the next two weeks," said Traffic Sgt. Rick Lewis.
07.10.07
Aldagen Adds Three Clinical Sites to its Critical Limb Ischemia Study
Press Release
Aldagen, today announced the addition of three new sites for its clinical trial of ALD-301 for the treatment of critical limb ischemia. The three additional sites are Duke University Medical Center (Durham, NC), Indiana University (Indianapolis, IN) and Saint Joseph’s Research Institute (Atlanta, GA).
07.02.07
Aldagen Establishes New Manufacturing Facility
Press Release
Aldagen, Inc., a biotechnology company advancing a pipeline of clinical-stage regenerative therapies, today announced it has established a Class 10,000 clean room for Good Manufacturing Practice (GMP)-certified manufacture of its cellular products.
06.28.07
Durham’s Serenex lands $31M
TechJournal South
Serenex Inc., which is developing treatments for cancer and other illnesses, has raised a $31 million financing that includes four new investors.
06.25.07
Argolyn Bioscience Raises $15.8M in Financing
LocalTechWire
Argolyn Biosciences, a spinout from the Medical University of South Carolina, has closed on $15.8 million in financing. Intersouth Partners, which is based in Durham, N.C., and Quaker BioVentures led the round.
06.25.07
SC's Argolyn Bioscience lands $15.8M first round
TechJournal South
Argolyn Bioscience Inc., which is developing treatments for psychosis, pain and other disorders, has raised a $15.8 million first round co-led by Intersouth Partners and Quaker BioVentures. Amgen Ventures also participated in what is one of the largest biotech deals in SC history.
06.22.07
Semprius: printing a new future for semiconductors
TechJournal South
On the heels of winning the NC Council for Entrepreneurial Development’s “Spin-out” of the year award, Semprius Inc. landed a $100,000 Small Business Innovation Grant this week for its semiconductor printing technology.
06.20.07
Video: Doctor Develops Procedure to Help Regulate Heartbeats
WRAL
A new procedure developed at FirstHealth Moore Regional Hospital called the Ex Maze procedure is a less invasive way to get the heart permanently back in rhythm. This video features nContact's device to treat atrial fibrillation.
06.07.07
Durham biotech Viamet raises $4 million
News & Observer
Viamet Pharmaceuticals, an early-stage biotechnology company, has raised $4 million in venture capital financing. The Durham company was founded in 2005 and is run by CEO Robert Schotzinger. Viamet is developing treatments for cancer and other diseases with compounds designed to help the body more effectively use metal ions such as zinc and iron.
06.07.07
Viamet Pharmaceuticals Raises $4 Million Round of Financing
Press Release
Viamet Pharmaceuticals Inc., a biotechnology company targeting metalloenzymes in the fields of infectious disease, inflammation and oncology, announced today that it has closed a $4 million Series A financing round.
06.05.07
Overture Networks provides Telekenex Managed Ethernet Deployment
Carolina Newswire
Overture Networks, a leading developer of converged packet access solutions, today announced that Telekenex, a business-grade IP service provider, has selected its solutions for reliable and cost-effective managed Ethernet service deployment including business quality voice, video and data services.
06.05.07
NC’s Encelle acquired by Pioneer Surgical
TechJournal South
Michigan-based Pioneer Surgical Technology has acquired Raleigh-based Encelle, a tissue regeneration company. Terms of the deal were not disclosed.
05.24.07
Nitronex Names Director of RF Product Development
Press Release
Nitronex, an innovative developer and manufacturer of high-performance RF power transistors for the commercial and broadband wireless infrastructure markets, has named Doru Roll as Director of RF Product Development.
05.24.07
Aldagen Expands Board of Directors
Press Release
Aldagen, Inc., a biotechnology company advancing a pipeline of clinical-stage regenerative therapies, today announced the appointment of Dr. Martin J. Murphy, Jr. to its Board of Directors.
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