News

Twitter pitch contest winners will be announced at CED's housewarming party October 28, 2010, at its new headquarters in Durham's historic American Tobacco District

CED is pleased to announce Kathryn James has joined the CED staff as the director of entrepreneurship.

iContact, a Durham-based provider of email marketing solutions for small and medium sized businesses recently announced that it has received a $40 million Series B strategic growth investment from JMI Equity, a private equity firm focused on software, internet and business services companies.

CED is pleased to announce Miriam Wilson has joined the CED staff as the Director of Development.

Durham-based Intersouth Partners recently lead a series A round of financing for 6fusion. 6fusion, which is in the process of relocating to Durham, has developed an algorithm that radically simplifies the metering, consumption and billing of compute resources.

CED member companies, Hosted Solutions, Percept Research and RedOak Logic announce their news.

Durham-based, PocketGear, the world's largest cross platform, open app store and content marketplace with a catalog of more than 140,000 paid and free titles available for discovery and download, recently announce that it has raised $15 million in a second round of funding.

"Risky Business" takes on a new meaning to the entrepreneur who excitedly opens the doors, real or virtual, for business on that first day and awaits customers. In her guest column, Karin Patrick, a financial representative from Northwestern Mutual Financial Network outlines strategies to minimize risk and maximize business potential.

Raleigh-based, INC Research, a privately-held, therapeutically-focused global CRO with expertise in managing late stage clinical development programs recently announced that Avista Capital Partners, and Ontario Teachers' Pension Plan, have signed an agreement to acquire the company from its investor group led by Crosspoint Venture Partners and Adams Street Partners.

CeNeRx BioPharma, Inc., a clinical stage company developing and commercializing treatments for diseases of the central nervous system (CNS), recently announced completion of a $13 million Series C financing.

If you use entry level accounting software like QuickBooks, do you know about mid-range systems that might better serve your business? In his guest column, Bob Callanan gives a brief overview of mid-level accounting software that meets the needs of growing companies and larger organizations.

Recently, Wyrick Robbins, announced that 17 attorneys from the firm were selected by their peers for inclusion in The Best Lawyers in America 2011.

CED member companies, Valhalla Partners and IDEA Fund Partners recently invested a combined $1.3 million in Cary-based StatSheet, a sports media company focused on presenting statistics and sports content in unique ways.

NC IDEA is seeking grant applications from North Carolina entrepreneurs and startups for its Fall 2010 Grants Cycle. Applications from NC-based companies focused on information technology, medical devices or materials sciences will be accepted starting Monday, August 16th at www.ncidea.org.

In an effort to promote green business and the entrepreneurs who are entrenched in it, SJF Ventures offers two distinct opportunities for green business professionals to gain valuable industry insights and network with peers and leaders.

The following article, published on July 22, 2010 on the website Gamasutra.com outlines the new game industry-friendly bill that will grant tax incentives to interactive digital media productions in the state beginning January 1, 2011.

Triangle Community Foundation's (TCF) 1% Giving Challenge is a campaign encouraging local businesses to engage in increased charitable giving and volunteerism throughout our region in order to make life better for all who live here.

In October, CED is relocating to the new "American Underground" complex at the American Tobacco Campus in Durham.

CED members, FeatureTel, Noro-Moseley Partners and InnerOptic Technology all recently made news with their dedication to innovation and the entrepreneurial spirit.

In his guest column, Rich Williams, president of Connect2Communications, discusses how to make your company's news releases more impactful and thereby more effective.