Category Archives: HedgeCo News
iRobot Secures $13 Million in Funding to Accelerate Global Adoption of Robots for Consumer, Military Use
BURLINGTON, Mass.–(BUSINESS WIRE)–May 30, 2003– Trident Capital Leads Round; Acer Technology Ventures, Fenway Partners and First Albany Companies Also Invest iRobot Corp., a leading provider of robotic technology, today announced it has secured $13 million in financing. Trident Capital, a […]
Michigan Venture Capital Group Working with State Legislators to Establish $150 Million Fund for Start-Up, Early-Stage Firms
MACKINAC ISLAND, Mich.–(BUSINESS WIRE)–May 30, 2003– Plan is Modeled After Oklahoma’s Early Stage Venture Capital Fund The Michigan Venture Capital Association today announced it is working with Lansing legislators to formulate a new bill to establish a $150 million venture […]
SBIC funding boosts good for VCs, entrepreneurs
Uncle Sam is a becoming a big player in the venture capital market through Small Business Investment Companies (SBICs), which have been funded to the tune of about $77 million in Colorado through2002. And that’s good news for both entrepreneurs […]
TechRx, the Leading Automated Drug Prescription Fulfillment Company, Is Successfully Acquired by NDCHealth
NEW YORK–(BUSINESS WIRE)–May 30, 2003–Spencer Trask, a New York based venture capital firm, today announced that TechRx, the leading systems and technology provider to the prescription drugindustry, was acquired by NDCHealth (NYSE: NDC). NDCHealth operates the largest health data network […]
Pitching For Millions, On the Clock
BALTIMORE The giant red timer in the back of the room begins its countdown at eight minutes. That’s just eight minutes for each of the tech executives at the Mid-Atlantic Venture Association’s annual fair to sell the promise of his […]
Regulators Give Their Perspectives at Association Roundtable
WASHINGTON (HedgeWorld.com) – The Mid-Atlantic Hedge Fund Association has put together a panel of officials from the regulatory arena and in the hedge fund industry to discuss the regulatory issuessurrounding the hedge fund industry. “A Discussion of Regulatory Perspectives Concerning […]
Ibbotson Forms Hedge Fund Group, Headed by Ezra Zask
LAKEVILLE, Conn. (HedgeWorld.com) – Ibbotson Associates Advisory launched a hedge fund of funds program that offers services such as manager selection and due diligence, style analysis, riskmanagement and customized portfolio construction. The service is designed for financial intermediaries, including asset […]
Advent Now Focusing on Fund Administrators
SAN FRANCISCO (HedgeWorld.com) – After making an initial push at promoting the use of its “Advent for Hedge Funds” software package to hedge funds, Advent Software Inc. now hopes to gain hedge fundadministrators as clients. Through a strategic alliance with […]
Fund to Invest In Business in Poorer Areas
The New Markets Growth Fund, a venture capital fund based at the University of Maryland’s Robert H. Smith School of Business, has raised $20 million to invest in small businesses in low-income neighborhoods in the District, Prince George’s County and […]
SafeView Receives Venture Capital Funding for Commercialization of Unique Security Technology
SANTA CLARA, Calif.–(BUSINESS WIRE)–May 29, 2003–SafeView announced today that is has received over $6 million in venture capital funding to begin commercialization of a unique portal system thatuses millimeter wave holographic technology to screen personnel for weapons, threats and contraband […]
Pitching For Millions, On the Clock
BALTIMORE The giant red timer in the back of the room begins its countdown at eight minutes. That’s just eight minutes for each of the tech executives at the Mid-Atlantic Venture Association’s annual fair to sell the promise of his […]
Experience Is Prevailing Theme at Baltimore Venture Capital Showcase
May 29–Peter Bepler and Matt Voorhees started their tech company the dot-com way: over a keg of beer in a parking lot during alumni weekend at Kenyon College. But when it came time to expand thebusiness, the pair needed more […]