Monthly Archives: June 2003
Zurich Sells Threadneedle to American Express
LONDON (HedgeWorld.com) – American Express Financial Corp. agreed to buy Threadneedle Asset Management Holdings Ltd. from Zurich Financial Services Group for US$570 million in cash. Threadneedle, a manager of US$1.1 billion in hedge funds and US$75 billion overall, will not […]
AuctionDrop Secures $2.5 Million in Series A Funding
SAN CARLOS, Calif.–(BUSINESS WIRE)–June 16, 2003–AuctionDrop, the leading eBay consignment service, today announced it has completed a $2.5 million round of funding led by Mobius Venture Capitaland Draper Associates, bringing the total raised to over $3.0 million. This second round […]
D.C. Area Low on High Tech
The Washington region has plenty of lawyers but not enough entrepreneurs. Plenty of office space, but not enough business-social networks. Plenty of airports, but not enough new high-tech companies. Despite an explosion of growth in the private sector and a […]
Unveil Technologies Increases Series A Venture Round to $7.5M with Addition of TD Capital Technology Ventures
WALTHAM, Mass.–(BUSINESS WIRE)–June 16, 2003– TD Capital Technology Ventures Joins Sevin Rosen Funds and Solstice Capital in Current Round, Brings Extensive Experience in Speech Technology and Contact Center Markets to Unveil Unveil Technologies, Inc., a provider of enterprise speech self […]
D.C. Area Low on High Tech
The Washington region has plenty of lawyers but not enough entrepreneurs. Plenty of office space, but not enough business-social networks. Plenty of airports, but not enough new high-tech companies. Despite an explosion of growth in the private sector and a […]
Hyde Park Capital Advisors, LLC Announces CyLex Systems, Inc. Sale to Ricoh Company, Ltd.
TAMPA, Fla.–(BUSINESS WIRE)–June 16, 2003–Hyde Park Capital Advisors, LLC is pleased to announce the sale of CyLex Systems, Inc., a Boca Raton, Florida-based document management software company,to Ricoh Company Ltd. Hyde Park Capital Advisors, LLC, the investment banking subsidiary of […]
Trusted Network Technologies, Inc. Completes $6 Million in First Round of Financing With Charles River Ventures and Flagship Ventures
ATLANTA, GA — (MARKET WIRE) — 06/16/2003 — Trusted Network Technologies, Inc. (www.trustednetworktech.com), a pioneer and leader in Identity-based Access Control™ software, todayannounced that it has completed a $6 million first round of financing co-led by Boston-based Charles River Ventures […]
D.C. Area Low on High Tech
The Washington region has plenty of lawyers but not enough entrepreneurs. Plenty of office space, but not enough business-social networks. Plenty of airports, but not enough new high-tech companies. Despite an explosion of growth in the private sector and a […]
Two-year dispute over hedge ends in fatal shooting
A PENSIONER was dead and his neighbour was being questioned by police yesterday in what appears to be the latest case of hedge rage. They had argued about a privet hedge dividing two front lawns in a Lincoln cul-de-sac. The […]
Trusted Network Technologies, Inc. Completes $6 Million in First Round of Financing With Charles River Ventures and Flagship Ventures
Trusted Network Technologies, Inc. (www.trustednetworktech.com), a pioneer and leader in Identity-based Access Control(TM) software, today announced that it has completed a $6 million first round of financing co-led by Boston-based Charles River Ventures and Flagship Ventures. With today’s announcement, Jim […]
D.C. Area Low on High Tech
The Washington region has plenty of lawyers but not enough entrepreneurs. Plenty of office space, but not enough business-social networks. Plenty of airports, but not enough new high-tech companies. Despite an explosion of growth in the private sector and a […]
Sharing ideas with aspiring technopreneurs
AS chairperson of funding and finance committee of Technopreneurs Association of Malaysia (TeAM), Nazrin Hassan, meets many budding technopreneurs with business ideas they reckon would generatemillions of ringgit in no time. The excitement on their faces at the thought of […]