Category Archives: HedgeCo News
ITU Ventures Announces Formation of Its 3rd Fund, the $36,000,000 ITU Ventures WEST I, LP; Dedicated to Universities and Research Institutions in the Western U.S.
LOS ANGELES–(BUSINESS WIRE)–July 9, 2003– Pension and Corporate Investors Include Colorado PERA, New Mexico State Investment Council, Oklahoma Capital Investment Board, Boeing and Storagetek ITU Ventures, the leading venture capital firm investing in technology businesses emerging from research universities, today […]
Mimeo, Inc. Closes $5.5M Financing Round
NEW YORK, NY — (MARKET WIRE) — 07/09/2003 — Mimeo, Inc., the leading provider of web-based, on-demand digital printing and distribution, has finalized a financing round in the amount of $5.5million with new and existing investors. HarbourVest Partners, LLC led […]
ITU Ventures Announces Formation of Its 3rd Fund, the $36,000,000 ITU Ventures WEST I, LP; Dedicated to Universities and Research Institutions in the Western U.S.
LOS ANGELES–(BUSINESS WIRE)–July 9, 2003– Pension and Corporate Investors Include Colorado PERA, New Mexico State Investment Council, Oklahoma Capital Investment Board, Boeing and Storagetek ITU Ventures, the leading venture capital firm investing in technology businesses emerging from research universities, today […]
Pittsburgh Biotech Firms Attracting Capital from Venture Firms, Individuals
Jul. 9–Local biomedical start-ups seem to be luring investors again. And this is happening despite a weak economy and slower-than-expected progress in delivering two new sources of public financing to the region’s life sciences industry. In recent weeks, at least […]
Thomas Roberts Named President of New England Venture Capital Association
BOSTON–(BUSINESS WIRE)–July 8, 2003–The New England Venture Capital Association’s (NEVCA) Board of Directors has named Thomas S. Roberts to serve as President for the upcoming two-year term. Mr.Roberts is a managing partner in the Boston office of Summit Partners, a […]
Fidesic Secures $3 Million in New Funding
BELLEVUE, Wash.–(BUSINESS WIRE)–July 8, 2003– Leading Provider of Payables, Receivables and Payment Financial Process Automation to Capitalize on Market Expansion Opportunity in Emerging Category Fidesic Corporation, the leading provider of payables, receivables and payment financial process automation for the mid-market, […]
ePartners Names Matt Purser CFO
DALLAS–(BUSINESS WIRE)–July 8, 2003–ePartners(R) — a leading business solutions provider and IT consultant for middle market companies — has promoted Matt Purser to Chief Financial Officer ofthe company. Purser brings 15 years of finance, financial reporting and accounting experience to […]
NWP Services Corporation Secures $15 Million of New Financing
SANTA ANA, Calif.–(BUSINESS WIRE)–July 8, 2003– Show of support from leading venture capitalists strengthens company’s aggressive customer acquisition and product development strategies NWP Services Corporation, the largest and fastest-growing provider of utility billing, energy management, customer care and information services […]
Van Global Hedge Fund Index Extends Winning Streak in June; Hedge Funds Earn 1.4% Net in June, Fourth Straight Positive Month
NASHVILLE, Tenn.–(BUSINESS WIRE)–July 8, 2003–Van Hedge Fund Advisors International, Inc. (VAN) announced today that the Van Global Hedge Fund Index posted its fourth consecutive winning month inJune with a preliminary return of 1.4% net of fees. The preliminary June Index […]
Echopass Secures Additional $4 Million in Series B Funding; Funding Fuels Company’s Sales and Marketing Initiatives for Hosted Contact Interaction Solutions on Demand
SALT LAKE CITY–(BUSINESS WIRE)–July 8, 2003–Echopass, a leading provider of hosted contact interaction solutions, today announced it has secured an additional $4 million in Series B funding led bynew investor Cardinal Venture Capital and supported by existing investors NEA, Canaan […]
Echopass Secures Additional $4 Million in Series B Funding; Funding Fuels Company’s Sales and Marketing Initiatives for Hosted Contact Interaction Solutions on Demand
SALT LAKE CITY–(BUSINESS WIRE)–July 8, 2003–Echopass, a leading provider of hosted contact interaction solutions, today announced it has secured an additional $4 million in Series B funding led bynew investor Cardinal Venture Capital and supported by existing investors NEA, Canaan […]
Elixent Closes $10M Funding Round: Second Round Led by New Investor GIMV
BRISTOL, England–(BUSINESS WIRE)–July 8, 2003–Elixent, a reconfigurable semiconductor IP company, has closed a funding round of $10M. The round was led by new investors GIMV and NIF Ventures withthe founding investor 3i fully participating. This is Elixent’s second round and […]