PALO ALTO, Calif.–(BUSINESS WIRE)–July 30, 2003–BitPass Inc. today announced that it has secured $1.5 million in Series A funding. Lead investors in the round are Garage Technology Ventures andCardinal Venture Capital. Additional investors include Amicus Capital and Constantin Partners. BitPass […]

Jul. 30–A Colorado Springs-based software developer said Tuesday that it received $12.5 million in venture capital funding in June. Intelliden Corp., founded in 2000, secured its third round of financing from four firms: Westbury Partners of Westbury, N.Y.; 3i US […]

Jul. 29–Venture capitalists are taking more chances with new and early-stage companies in Georgia, a sign that investor caution may be relaxing. Where in previous quarters established companies received the most funding, in the second quarter the newbies got some […]

Jul. 29–Venture capital investment nationwide rose in the second quarter for the first time in more than three years perhaps signaling that the long drought in funding for startup companies isending. San Diego companies also showed gains in venture capital […]

Jul. 29–TOKYO–UFJ Holdings Inc. said Tuesday that investment fund Sovereign Asset Management of Monaco has purchased an equity stake of more than 5 percent in the nation’s fourth-largest bankinggroup to become the biggest single shareholder. It is the first time […]

Jul. 29–Financing for local start-up companies rebounded last quarter from a five-year low, according to two separate surveys on venture capital. The upswing mirrored a tentative but encouraging resumption of VC funding nationwide, but few experts were ready to declare […]

Jul. 29–Venture-capital investment in the U.S. improved for the first time in two years but Florida fell even further behind other states, dropping in the second quarter to 16th from 15th, accordingto a survey released Monday. In the latest MoneyTree […]

Jul. 29–TAMPA, Fla.–Iliant Corp. beat the odds recently when it landed a $3-million investment from three venture capital funds despite a sluggish investing climate. The Tampa company, which provides technology services to doctors’ practices, had two things in its favor: […]

Jul. 29–TAMPA, Fla. — Outsourcing and health care are two of the decade’s boom industries, so iLiant Corp. of Tampa is trying to capitalize on both. ILiant, which handles billing and back-office duties for physicians, recently scored $3 million in […]

Venture capital investment continued to slide in the Washington region in the second quarter of 2003, even as it rebounded nationally, according to a quarterly survey of venture investments. Forty-five deals worth $183 million were reported regionally in the quarter […]

SOUTHAMPTON, England–(BUSINESS WIRE)–July 29, 2003–SPI (Southampton Photonics), a developer and manufacturer of high power fiber lasers and components for the industrial, aerospace, analytical,sensing, and communications sectors, today announced that it has completed its Series B funding. The capital will be […]

Jul. 29–Washington state venture investors have decided home is where the heart is, or at least it’s a lot closer than California. At one time, venture capitalists in the state invested more heavily in California companies than home-grown ones. No […]