Monthly Archives: August 2003
Stocks Set to Open Lower
NEW YORK (AP) – U.S. stocks were set to open lower, with investors continuing to question whether recent upbeat data really is an indication of a turnaround in the markets. On Monday, the Dow Jones industrial average fell 31.23 points, […]
Netilla Networks Adds $2 Million Series C Second-Tranche Financing
Netilla Networks, Inc., a leading provider of SSL VPN and secure application access management solutions, today announced that Masthead Venture Partners, LLC has become its latest investor. Masthead, a premier venture capital firm focused on information technology security investments, has […]
TeAM, Mavcap launch education programme
THE Technopreneurs Association of Malaysia (TeAM) and Malaysia Venture Capital Management Bhd (Mavcap) recently launched an education programme called “Excite The Entrepreneur (E2)”. E2 was launched at the Asia Pacific Institute of Information Technology in Technology Park Malaysia. It was […]
The Business Press, San Bernardino, Calif., Spotlight Column
Aug. 25–ENTREPRENEURS WANT ANGELS TO LEND THEIR WINGS: The relationship between entrepreneurs and those whose money they need is a delicate dance, say those close to the process, and the need forcash may dictate how much control a business owner […]
International Assets Commences Foreign Exchange Trading
ALTAMONTE SPRINGS, Fla.–(BUSINESS WIRE)–Aug. 25, 2003–International Assets Holding Corp. (the “Company”) (Nasdaq:IAAC) today announced that it has recruited Carsten Hils who has over 16 years ofexperience in foreign exchange trading, with particular focus on the more illiquid and exotic markets. […]
The Orange County Register, Calif., Small Business Column
Aug. 25–QUESTION: Where are entrepreneurs getting seed-round funding now that venture capitalists have altered their investment risk profiles? ANSWER: Seed capital, also called early-round investments, from venture capitalists has always been rare. Especially now, VCs are seeking the relative safety […]
University of Illinois Program Backs 19 Local Tech Startup Companies
Aug. 25–CHAMPAIGN, Ill.–Harry Arader has 18 months to prove himself. As vice president of operations for Urbana-based Nanodisc Inc., he’ll be trying to convince major drug companies that a clever biochemical technology developed at the University of Illinois can pave […]
Alereon Launching With Experienced Ultra Wideband Team and Leading Technology to Deliver Chipsets for Personal Area Networks
AUSTIN, Texas–(BUSINESS WIRE)–Aug. 25, 2003– UWB Chipsets Will Enable Consumer Devices to Wirelessly Connect at Hundreds of Megabits Per Second Using Low Power and at Low Cost Alereon, a new Ultra wideband (UWB) semiconductor company, formally announced its launch today […]
Business group targets Basel rules proposal
European firms could lose E5-E10 billion in equity finance if new rules on bank capital are implemented, Europe’s main private equity association has warned. This latest in a series of attacks on the proposed rules comes from the submission of […]
Zilliant Secures $14.5 Million in New Financing; JP Morgan Partners Leads Existing Investors in Support of Profit and Revenue Optimization Software Leader
AUSTIN, Texas–(BUSINESS WIRE)–Aug. 25, 2003–Zilliant, a leader in strategic profit and revenue optimization (PRO) software, today announced that it has secured $14.5 million in new funding. Thisfinancing includes significant investments from new investor JP Morgan Partners, as well as from […]
Business & Media: Business focus: World markets: Hedge funds struggle to maintain their edge: The industry has matured since the Long-Term Capital Management fiasco, but some investors still pine for the old exuberance, says Ben Wootliff
AS EQUITY markets bounce back, hedge funds are being left behind. In the second quarter of 2003 hedge funds returned just 9 per cent, compared to 18 per cent from the average offshore equity fund.But hedge fund managers claim that […]
Peregrine Systems’ New Chief Executive Said to Be Aggressive, Abrasive
Aug. 24–If the past is prologue, as historians say, John Mutch wants everyone to know the future also can be shaped by lessons learned. Mutch, 47, took over last week as chief executive of Peregrine Systems, the San Diego software […]
