Monthly Archives: May 2003

May 28–Unitrends, a Myrtle Beach-based software data protection company, has received a $1 million investment from a venture capital firm dedicated to helping South Carolina’s high-growth companiesexpand. The cash will help Unitrends expand, including increasing the number of employees from […]

LONGMONT, Colo.–(BUSINESS WIRE)–May 28, 2003–Cornice Inc., an innovator in compact, high-capacity storage, today announced that the Company closed $22 million in venture capital funding in August2002. The Company received its first venture investment from CIBC Capital Partners, Nokia Venture Partners […]

CARLSBAD, Calif.–(BUSINESS WIRE)–May 28, 2003– New Investment to Finance Commercialization of Innovative Zinc Fuel Cells for Computing, Communications and Control Backup Power Markets Metallic Power, the leading developer of zinc regenerative fuel cells, today announced that it has closed its […]

WALTHAM, Mass.–(BUSINESS WIRE)–May 28, 2003–Compound Therapeutics, Inc., a privately held biotechnology company developing a new class of protein therapeutic drugs, announced today the completionof a $12.0 million Series A Preferred Stock financing. Leading venture capital firms Atlas Venture, Flagship Ventures […]

xfdws TECH-PROSPECTS sked Emerging Markets Datafile May 26, 2003 NEW STRAITS TIMES-MANAGEMENT TIMES MALAYSIA ENGLISH Finding tech prospects, NEW STRAITS TIMES-MANAGEMENT TIMES Prasanna Raman ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 BY WORLDSOURCES, […]

May 28–MORRISVILLE, N.C.–When Doug Milner began talking to venture capitalists about putting money into Ziptronix, his semiconductor technology startup, last year, he says it was like walking intothe middle of a barroom brawl. And in the process, Milner got the […]

Effective November 1, 2003, provisions concerning the credit against Oklahoma personal income, corporate income, and insurance premiums taxes for investments in certain qualified venture capitalcompanies are extended, and a provision prohibiting the sale of certain residential property to satisfy delinquent […]

LONDON (HedgeWorld.com) – The UK’s Financial Services Authority has proposed a sweeping change in the system by which it regulates investment funds – a change that would introduce some hedgingstrategies to the retail market. The proposal, announced May 21, would […]

TORONTO (HedgeWorld.com) – BluMont Capital Corp. launched its second structured hedge fund, the BluMont Man-IP 220 Series 2 Notes. The issue follows the successful sale of C$62.7 million (US$46 million) of the Series 1 notes, both of which are managed […]

VENTURE capitalists in the UK are confident the worst of the downturn is over, and this should drive deal activity in the coming months, according to a new survey published today. A quarter of the venture capitalists surveyed by accounting […]

xfdws STIMULATING-ICT sked Emerging Markets Datafile May 26, 2003 NEW STRAITS TIMES-MANAGEMENT TIMES MALAYSIA ENGLISH Stimulating ICT growth, NEW STRAITS TIMES-MANAGEMENT TIMES Rozana Sani ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 BY WORLDSOURCES, […]

First thing today a group of smartly dressed executives are sitting down in an office near Paddington in London to take a decision on whether to back a new business. The size of the investment, less than pounds 1m, is […]