Regional News, 1999

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12/20/1999: • DataFlux Named One of 1999's Top 100 Organizations by DM Review Magazine; • LendingTree Names Former Coca-Cola Executive As CMO; • No More Fruit Baskets!; • TLC and UNC-Charlotte Offer RTP-OD Certificate Program; • BTI Gets $200 Million Investment; • Owens Corning Adds to Buildnet's Third Round of Financing; • New Incubator Closes on $500,000 Funding
12/13/1999: • Cognetics Ranks Raleigh-Durham Among Top Places to Become an Entrepreneur; • Red Hat Partners with Dell; Stock Rises Again; • N.C. State Has Web's Largest Educational Site Devoted To E-Commerce; • Congratulations North Carolina Technology Fast 500 Companies!; • Cronos Lands $8 Million in First Round Funding; • Venture Capital Investments: Good News and Bad News; • Relativity Gets Third Round of Funding
12/6/1999: • AuctionRover.com Partners with eBay, Inc.; • Kenan-Flagler Announces New E-Commerce Academic Area; • WUNC Entrepreneurs Challenge A Success; • AwayMed.com Expects to Close on $1 Million Plus in Funding; • ICAgen Inc. Raises Second Major Round of Financing; • MindLever.com, formerly Empower, Raises $4 Million; • TaskPoint.com Announces $1 Million in Funding at STREAK Luncheon
11/29/1999: • Biotech Market Up in N.C.; • LipoMed Wins $730,000 Contract from CDC; • Sign Me Up.NetGift Registry Signs 30 Affiliates; • AuctionRover.com Joins CED Entrepreneurial Stock Campaign; • Red Hat Shares.Up, Up, and Away!; • Total Sports Scores Cash from NBC
11/22/1999: • Doss Named National 1999 Supporter of Entrepreneurship; • Paradigm Expands with New Center for Functional Genomics Research; • Imaginis.net Launches New Women's Health Web Site, Moves Locations; • SciQuest Shares Nearly Double in Price in IPO; • XS Inc. Raises $20 Million
11/15/1999: • Doss Named National 1999 Supporter of Entrepreneurship; • Paradigm Expands with New Center for Functional Genomics Research; • Imaginis.net Launches New Women's Health Web Site, Moves Locations; • Intronn LLC Presents at VentureOne Premier Conference; • Diebold Buys Nexus Software for Undisclosed Amount; • iRenaissance Receives $500,000 in Funding; • Quintiles Partners Up with Chinese Pharmaceutical Company
11/8/1999: • Red Hat Forms Nonprofit Center; • CatchTheWeb Enterprise Launched at Online World '99; • LipoMed's Otvos Honored for Cholesterol Test; • webslingerZ, Inc. and N.C. Zoo Collaborate; • Inspire Completes $12,400,000 Private Placement; • Tavve and Unisys Form Strategic Alliance; • Pequot Funds Performaworks; • Brader-Araje Joins Noro-Moseley
11/1/1999: • Positive Results for Triangle Pharmaceutical anti-HIV Drug; • Reedy Creek Technologies Receives Software Patent; • Sciquest.com Begins Alliance with Life Science and Analytical Suppliers; • iRennaissance Receives a Half-million in Funding; • Electrifier, Inc. and AuctionRover Announce Partnership; • Foveon Earns $16 million in Its First Round of Financing; • Wakefield Group Announces Local Office
10/18/1999: • Electrifier Network Takes Best of Show Award; • New DELTA Program Offers Management Training for Techies; • Denver-based INFLOW Opens 15,000 Sq, Ft, Triangle Facility; • Level 3 Could Shake Up Triangle's Telecom Industry; • Technauts Gets $7.5 Million in Second-Round Financing; • LastAvailable.com Secures $1 Million in Funding; • mortgage.com Buys Three Subsidaries of CSC Holdings; • Plans in the Works for Woman-Run, Woman-Focused Venture Capital Firm
10/11/1999: • Southeastern BIO Investors Forum Selects Presenters and Exhibitors; • Advertise in CED's Calendar!; • Belk Stores and Imaginis.net Team to Promote Women's Breast Health; • ArgoMed Marketing New Prostate Treatment; • Analytical Sciences and Paragon Partner in Bi-Coastal Venture; • neoButler Offers Personal Web Browsing
10/4/1999: • What Makes The Triangle Tick…; • CED Hosts Entrepreneurs Tour of America Radio Show and Webcast; • N.C.State University Dedicates Small Business Incubator; • Saffron Technology, Inc. Offering Oversubscribed; • AuctionRover.com Receives $3 Million in Funding; • CDFI Gives $2.25 Million to The Sustainable Jobs Fund; • Viridian Capital Partners Invests in Reliacast
9/27/1999: • InvoiceLink and DMR Form Strategic Alliance; • BCGI Uses Tekelec To Maintain Its Wireless Network; • NCEITA Policy Update; • Carousel Capital Partners Joins with Lazard Capital Partners; • PlanetPortal.com Receives $1 Million from Deutsche Bank Subsidiary; • Capital Z Invests $50 Million in Lending Tree; • Access Investment Partners $500K Raises Link Technology Funding to $2 Million
9/20/1999: • CED Members Make digitalsouth's List!; • ICAgen Receives Exclusive License; • Innovative Devices Receives Three Patents; • Red Hat Inc. Expands to California; • Sciquest.Com™, Inc., Files Initial Public Offering; • Celotek and Racal Security and Payment Partner; • Cree Research Inc. Wins Two Awards; • Koz.com and Chicago Orbit Commerce Partner; • InterAdNet Lands $4 Million VC
9/13/1999: • CED One of Five Sites Chosen by NCOE; • Red Hat—Most Valuable Triangle Company; • webslingerZ, Inc., UNC-G Get $1.8 Million Grant; • Sign Up for CED's Venture Capital for Entrepreneurs Seminars!; • BTI Looking for Right Time to Go Public; • Sign up for the Southeastern BIO Investor Forum!; • OpenSite For Sale...Maybe
9/7/1999: • Red Hat Inc. Makes Red Herring's Top 10 List; • Joseph DeSimone Appointed Distinguished Professor at UNC-CH and NCSU; • Koz.com Moves into Broadcast Market; • Get Linked to the Triangle Entrepreneurial Community—Read LINKS!; • Novalon, GPC AG of Germany Collaborate on New Class of Broad-Spectrum Antibiotics; • LIPSinc. Acquires Bridge Financing to Increase Lip Service; • Who's investing in what in the Research Triangle? Read this month's Venture Update
8/30/1999: • EarthLink to Sell DSL Over GTE Network; • Pilot Therapeutics Reaches Agreement with Quintiles; • Centura Buys Triangle Bancorp; • Eno River Invest $1 Million in Healthcare Software Start-Up, BHS; • Imaginis.net Raises Funds to Expand "Ehealth" Services; • Triangle Firms Raise $230 Million in Venture Capital in First Half of 1999
8/23/1999: • RF Micro Leads Deloitte & Touche Tech 50 List; • MTX Buys Development Concepts; • TLC and Duke Offer OD Workshops; • BOPS, Inc. Secures $9.5 Million in Second Round; • Cherokee Investment Partners Raises $259 Million; • Epiteleo Closes on Seed Round Funding; • Acquisitions Fire Up iEN's Stock Price; • Technauts Will Close On $6-8M In Funding
8/16/1999: • Ganymede Announces Pegasus 2.1; • CED Selects Seven STREAKers; • Technauts Releases New Version of eServer.net; • Red Hat Eighth Best Debut in Stock Market History; • Intersouth Partners Adds Associate; • Entrepreneur Develops Virtual Colon Cancer Screening; • OpenSite Technologies Delays IPO
8/9/1999: • Duke Team Breaks Speed Barriers; • Stingray Entrepreneurs Hope the Second-Time's a Charm; • iEntertainment Network Inc. Lets Stealey Go; • LipoMed Looking for Funding; • Sloan's Group to Manage $350 Million; • Sustainable Jobs Receives $7 Million; • XS Inc.Offering More Online Agricultural Exchange
8/2/1999: • Glaxo Wellcome's Relenza Approved by FDA; • HiddenMind Technology, Inc. Signs Deal with Omnipoint; • SciQuest.com acquires Going, Going.Sold!; • Interneuron and Intercardia Alter Relationship; • Nine Rivers Technology Sold to New York-based Headway; • Transaction Systems Buys SDM International; • Security Force Software to be Acquired by Hewlett-Packard; • Vascular Genetics Inc. Closes on Funding Deal
7/26/1999: • BTI Telecom Files for $125 Million IPO; • Duke MBA Students Offer Consulting Services to Area Businesses; • SAS Institute Creates Educational Software; • ChemCodes, EnSolve, Stevens Research Receive Funding; • British Company, Merant, to Acquire Marathon Group; • Draper Office Plans for RTP Dropped; • Relativity Makes Deal with Unisys
7/19/1999: • Red Hat and Global Knowledge Network Partner Up; • Relativity Technologies Releases Advanced E-Legacy Solution; • Triangle Ranks 13th for High Tech; • Ericsson / RF Micro Devices Sign Agreement; • Covance and Parexel Plan to Unite; • Delta Pharmaceuticals Signs Multimillion Dollar Deal with Organon Teknika; • Roche Funds Trimeris Anti-HIV Treatments
7/12/1999: • EPA to Build Computing Center in RTP; • NationsBank Becomes Bank of America; • TPMC Awarded U.S. DOC Contract; • Southeastern Life Sciences Venture Fair Scheduled for Nov. 11-12; • Eno River Capital Invests $250,000 in Elcatech; • Apex Bioscience Acquired by German Firm, VitaResc Biotech AG
7/6/1999: • Cisco Snatches StratumOne Startup for R&D; • IT Labor Shortage Worsens; • Quintiles Teams with Dr. Koop; • Reciprocal Partners with BMG and Reuters; • Geneva Merchant Banking Partners Closes on $100 Million; • Smart Online Acquires French Firm La Solution Douce; • Level 8 Systems Completes $21 Million Private Placement
6/28/1999: • CED Launches Stock Campaign; • Imperial Bank Sponsors STREAK Program; • ICAgen, Inc. Listed in Forbes Magazine; • Webmasters Endorse Reedy Creek's RPM; • Eno River Capital, LLC Raises Funds from Taiwanese; • Halifax Capital Partners Creates $150 M Investment Pool; • Industrial Microwave Systems, Inc. Receives $2.2 Million Financing; • nTouch Research Corporation Wins $2 Million in Venture Capital; • Protein Delivery, Inc. Announces $23 M Stock Offering
6/21/1999: • CED Names Entrepreneurial Excellence Award Winners, Celebrates 15th Anniversary; • PricewaterhouseCoopers Acquires Hoffmann Research Associates; • Chris Evans Steps Down as Engage Vice Chairman; • SciQuest.com Creates E-commerce Site for Johns Hopkins University; • Red Hat Announces IPO; • Access Point Receives $3 Million Investment; • STREAK Selects Four New Companies
6/7/1999: • OpenSite to Offer IPO; • Protein Delivery Completes $23 million Funding Round; • Triangle Pharmaceuticals and Abbott Laboratories Announce Alliance; • KOZ.com Receives $15 million; Announces Move to New Triangle Headquarters; • Interleaf CD-ROM Receives Top Award from Society for Technical Communications
5/28/1999: • Two Record-Setting Deals Signed; • TLC/DELTA Offer Seats at Dennis Waitley Presentation; • CED Receives Grant for FastTrac Programs
5/24/1999: • TPMC Awarded FBI Contract; • The Zimmerman Group Wins National Clients; • ATCOM Wins 9th Annual CED Golf Tournament
5/17/1999: • Electrifier Wins More Awards; • Xanthon, Inc. Receives $8 million; • The Cambridge Institute to Present "Buy-Sell Strategies for High Growth Companies"; • Presidents of Entrepreneurial Companies to Discuss Importance of Corporate Culture
5/12/1999: • Venture '99 Presenter Total Sports Joins Forces with Sports Illustrated; • Metrolina Entrepreneurial Council to hold Conference for Entrepreneurs; • Mark Your Calendar Now For CED's 15th Anniversary Celebration and Entrepreneurial Excellence Awards; • New FastTrac Class Added for Summer; • Entrepreneurial Scholars Program Receives $25,000 Grant
5/3/1999: • This Month at EntreWorld.org . . . Mario Morino, Jenny Lawton and Brad Feld talk about Electronic Commerce; • Venture '99 Investors Golf Tournament Winners; • Holcomb, Lumpkin, and Huntley to discuss entrepreneurial corporate cultures and what they can mean to the bottom line on May 25
4/26/1999: • CED Presents 16th Annual Research Triangle Venture Capital Conference; • KOZ Lands Three Major Deals; • Reedy Creek Technologies to Present at STREAK Luncheon; • Business Expo to Feature Local Students; • NCEITA Legislative Update
4/14/1999: • Small Business Day to Raise Legislators' Awareness of Needs; • The Learning Consortium presents Peter Block; • Quintiles Makes Acquisitions; • CED Entrepreneurial Scholars Program Symposium Open to Interns at Member Companies; • FastTrac Tech Application Deadline Approaching
3/31/1999: • Red Storm Announces Profitable Year; • OpenSite Technologies Receives $24 million; • N.C. Technology Fast 50 Applications Available; • New Edition of Capital Opportunities for Small Businesses Available This Month
3/22/1999: • SAS Institute Signs Defense Contract; • Red Hat Wins LinuxWorld Award; • CED Member Receives Coolest Site of the Year Award; • 15 CED Members Included on Tech 100 List; • CED Members Participate in Venture Market South; • Nominate Your Favorite Entrepreneur for the 1999 Ernst & Young Entrepreneur of the Year Award
3/1/1999: • Red Herring Presents Venture Market South; • CED Selects Seven More Venture '99 Presenters; • N.C. State University/N.C. Technological Development Authority Create Entrepreneurial Development Center; • Venture Capital Investment Survey Reveals 49% Increase in Triangle Venture Spending; • Quintiles Acquires Oak Grove Technologies
2/15/1999: • Nomination Forms Now Available for 13th Annual CED Entrepreneurial Excellence Awards; • Young Entrepreneur Scholarship Applications Available; • CED Forms Partnership with The Learning Consortium; • RTP Chapter of Women in Technology International to Hold Inaugural Meeting; • IntraSoft, Inc. Expands with New Products, Partnerships; • Quintiles Report Record Net Revenue
2/22/1999: • Red Hat, IBM Team Up; • OpenSite Technologies Releases New Auction 4.0; • Nominate Entrepreneurs for CED's Prestigious Awards by March 15; • Senator Eric Reeves (Wake) to Chair New Information Technology Committee
2/10/1999: • Don't miss the latest Triangle entrepreneurial news in this month's issue of CED Links, now on the web.; • Seven Additional Presenters Selected for Venture '99; • Nominations Available for Early Stage East Venture Capital Conference
1/26/1999: • Register Now for the 1999 Conference on Entrepreneurship; • Cognetics Inc. Names Triangle Third Best Area to Start a Business; • Electrifier, Inc. Wins Best of Show at Showcase '99; • Nominations Available for Early Stage East Venture Capital Conference; • Triangle Community Foundation Announces New Award; • CED Selects Bob Young as Venture '99 Keynote Speaker
1/18/1999: • Raleigh-Durham Named Seventh Best Place to Start a Business by POV Magazine; • CED Golf Tournament Set for May 19; • Quintiles Announces Acquisitions; • Electrifier, Inc. Participates in Internet Showcase '99
1/5/1999: • CED Announces First Seven Companies Selected for Venture '99; • Triangle Pharmaceuticals Raises $17 million; • Technauts Inc. Named "Top 25 Hot Startups of 1998" by Data Communications.; • Quintiles and Variagenics Establish Partnership for Pharmacogenomic Applications in Clinical Development; • Japan's Santen Buys Marketing Rights for Inspire Formula for $6.25 Million
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