Regional News

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Ten from Triangle Make Digital South's 50 Most Influential in Southern Technology List


DigitalSouth Magazine's most recent issue lists 50 Digital Southerners who "move and shake" the industry. They included the following:

Term Sheeters
Mitch Mumma, Intersouth
   Partners
David Blivin, Southeast
   Interactive Technology Funds 		The Entrepreneurs
Chris Evans, Accipiter/Engage
Paul Rasmussen, MicroMass
Vivek Wadwha, Relativity
Robbie Hardy, IntraSoft
Jim Goodnight, SAS
The Visionaries
Monica Doss, CED 		The Supporting Cast
Fred Hutchison, Hutchison & Mason
Up and Comers
Michael Brader-Araje, OpenSite
   Technologies

Kitty Hawk Raises Fourth Fund of $42 Million


Charlotte-based Kitty Hawk Capital has closed a $42 million fund and has invested in six firms, including three in the Triangle:

Biolex, Inc.
Cogent Neuroscience
SpectraSite Communications

Matt Ocko Joins Southeast Interactive Technology as General Partner


Matt Ocko, former general partner with Softbank Technology Ventures has been named a special general parner in Southeast Interactive Technology Funds. Ocko will contihnue to reside in Palo Alto. He co-founded DaVinci Systems with Bill Nussey, Chris Evans and Paul Ramsey in the early '80's.

Marketing VP Leaves Relativity for Marathon Group


Richard Phelps, former Marketing Vice President of Relativity, has joined on with The Marathon Group, a privately held developer of Internet applications for Fortune 500 companies. This is the second executive to leave Relativity in a week, Matthew Szulik left to be president and CEO of Red Hat Software on Monday. Phelps was a founder of Antares Alliance Group of Dallas previous to his term at Relativity.

SciQuest Purchases BioSupplyNet


North Carolina based SciQuest has announced the purchase of the New York based BioSupplyNet. SciQuest is the leading Internet source for scientific products and BioSupplyNet is the leading provider of product sourcing information for life science researchers. Investors in the combined company are Bessemer Venture Partners, Noro Mosely Partners and Wakefield Group of Charlotte.

Upcoming CED Events


FastTrac Information Session - Wednesday, December 9th

Streak Application Deadline - November 25th

"Hold-the-Date" for the 1999 CED Conferences


Conference on Entrepreneurship '99
Saturday, February 6th
Fuqua School of Business, Duke University
8:00 a.m. - 5:00 p.m.
Coming soon...Registration information on the Web site and in your mail!

Biotech '99 Conference
Thursday, March 18th
North Carolina Biotechnology Center
8:00 a.m. - 5:00 p.m.
Coming soon...Registration information on the Web site and in your mail!

Venture '99 Conference
Thursday, April 29th
The Friday Center, UNC-Chapel Hill
8:00 a.m. - 5:00 p.m.

Venture '99 Kickoff Reception
Wednesday, April 28th
The Carolina Club, UNC-Chapel Hill
5:30 - 7:30 p.m.
Coming soon...Registration information on the Web site and in your mail!