Category Archives: HedgeCo News

Backers investing in region, Partners helping seed Appalachian funds

WASHINGTON – When you think venture capital investment, it’s likely Silicon Valley, technology-rich Boston or Washington’s burgeoning Dulles Corridor come to mind. But private investors and state andfederal governments alike are trying to seed entrepreneurship in Appalachia, attempting to nurture […]

Shareholder.com Announces Nine Leading Investor Organizations Join OpenCompany Disclosure Network

ORLANDO, Fla.–(BUSINESS WIRE)–June 9, 2003– NYSSA, EDGAR Online, Computershare and The Deal Among Organizations Promoting Open Communications to Drive Shareholder Confidence Shareholder.com, a leader in investor communications, announced that the New York Society of Securities Analysts (NYSSA), EDGAR(R) Online(R), Inc., […]

Shareholder.com Announces Nine Leading Investor Organizations Join OpenCompany Disclosure Network

ORLANDO, Fla.–(BUSINESS WIRE)–June 9, 2003– NYSSA, EDGAR Online, Computershare and The Deal Among Organizations Promoting Open Communications to Drive Shareholder Confidence Shareholder.com, a leader in investor communications, announced that the New York Society of Securities Analysts (NYSSA), EDGAR(R) Online(R), Inc., […]

Endeca Recognized by Technologic Partners as Winner of Investors’ Choice Award; Publisher of VentureWire Recognizes Strengths of Endeca Business Model

CAMBRIDGE, Mass.–(BUSINESS WIRE)–June 9, 2003–Endeca, the only provider of Guided Navigation(SM) with advanced search solutions, has been selected by Technologic Partners, publisher ofVentureWire, as a winner of its Investors’ Choice award. The award is presented to the ten privately held […]

Bitfone Secures Venture Capital Funding from KTB Ventures; Total Funding Surpasses $32.5 Million

LAGUNA NIGUEL, Calif.–(BUSINESS WIRE)–June 9, 2003–Bitfone Corp. (www.bitfone.com), a leader in over-the-air (OTA) firmware update technology for mobile phones, today announced that it has securedfunding from KTB Ventures, bringing the company’s total investment to more than $32.5 million. KTB is […]

The State, Columbia, S.C., C. Grant Jackson Column

Jun. 8–Four measures that could have helped move South Carolina toward a brighter economic future were killed by an obstructionist move in the final hours of the legislative session. The inability to pass the measures means South Carolina will fall […]

Market forces: William Hill stakes rise

Usually when a venture capital firm bows out of a company the stock can be expected to tank, but betting shop operator William Hill ended up 0.5p at 268p as institutions snapped up a sizeable chunkof the stakes held by […]

El Dorado Hills, Calif., Software Firm Secures $4 Million in Venture Capital

Jun. 7–To keep her fledgling software company afloat, Libby Alumbaugh maxed out her credit cards, put her house on the market, convinced her engineers to work for minimum wage and traded her prizedsilver Corvette for a Ford Focus. But the […]

Triad Venture Capital Firm Signs Up Stem-Cell Group

The Piedmont Angel Network, a venture capital group, announced Friday that it has invested in StemCo Biomedical Inc., which develops stem cell products for medical treatments. Details were not released about the dollar value of PAN’s investment, which helped Research […]

EFG and Tice See Shine in Gold Stocks

LONDON (HedgeWorld.com) – EFG Private Bank Ltd. and David Tice will offer a new gold stock hedge fund, the Prudent Global Gold Fund. The fund will be sold outside of the United States by EFG Private Bank, an arm of […]

Philadelphia-Area Women Launch Investment Company

Jun. 6–Three women who are veterans of the financial services industry announced yesterday the formation of NewMarket Capital Partners L.L.C., an investment company in Philadelphia that will managetwo new hedge funds. NewMarket is managing the funds for CMS Cos., a […]

Oregon’s Private Biotech Firms Struggle to Obtain Venture Capital

Jun. 6–Publicly traded biotech companies are experiencing a dramatic stock rally. Investors are betting that share prices will rebound as the economy recovers and as demand increases for scientificsolutions to diseases and terrorist threats. But venture capital firms aren’t showing […]