March 10th, 2010

By Joe Procopio
As this year’s Southeast Venture Conference approached, I happened to be having coffee with a colleague of mine who is, let’s say, a little more polished. A lot more polished. He’s the kind of guy who walks into a room and people reflexively take out their checkbooks without quite knowing why. Anyway, ...
March 10th, 2010

RESEARCH TRIANGLE, NC – One of the tricks to getting the most from any business Web site is posting frequent original content.
Nothing gives a stronger boost to a site’s search engine optimization, all other things being equal. One thing essential to posting timely, frequently updated content is finding the right content management system.
But choosing the ...
March 10th, 2010

By Allan Maurer
DURHAM, NC – Several months ago, Google approached Durham-based Shoeboxed.com, a receipt and business card management company, about becoming part of its just launched Google Apps Marketplace. Now it is one of the first 50 or so firms Google has included in the new service.
Shoeboxed is a feature-rich web application that allows users ...
March 10th, 2010

CHEVY CHASE, MD – New Enterprise Associates Inc. (NEA), a global venture capital firm, says technology industry veteran Ron Bernal has joined the firm as a Venture Partner.
Bernal, a former entrepreneur-in-residence with NEA and proven company builder, will work closely with the firm’s enterprise infrastructure and services, electronics and energy technology teams.
“Ron brings to NEA ...
March 10th, 2010

BOCA RATON, FL – Kahzam, Inc. (OTCBB: KHZM), a digital media company, has agreed to acquire ProMark Data and Media Group, also based in Florida, and will change its name to Madison Ave. Media Inc. It will keep its Kahzam-branded online search and portal services as a subsidiary cornerstone of its Internet marketing group.
ProMark is ...
March 10th, 2010

CARY, NC – Small businesses can sound more like big businesses to callers thanks to a new free service from Bandwidth.com. The company, a nationwide supplier of VoIP phone service and data to SMBs, has released Phonebooth Free, an inbound cloud phone system for small businesses and independent professionals.
Phonebooth Free comes with Contact Us Plus, ...
March 9th, 2010

RESEARCH TRIANGLE PARK, NC – “Video is the killer app,” and Cisco’s new CRS 3 product can handle over a billion videos at once, said Cisco CEO and Chair John Chambers in today’s highly anticipated announcement the company touted as “Forever changing the Internet.”
Cisco unveiled the Cisco CRS-3 Carrier Routing System. It is designed to ...
March 9th, 2010

COLUMBIA, MD – Integral Systems, a developer of satellite communications tech, has acquired CVG and its subsidiary, Avtec Systems for $34.7 million in cash.
Avtec also sell satellite communications services. It is based in Chantilly and sells primarily to government and miltary clients.
Paul Casner, president and CEO of Integral, said the acquisition expands the company’s footprint ...
March 9th, 2010

ALPHARETTA, GA – Carticept Medical, Inc., a developer of innovative products for the treatment of cartilage injuries and osteoarthritis, has completed a $20 million Series B financing round from new investor SonoSite Inc. and returning backers Domain Associates and New Enterprise Associates.
The financing will provide funding for the expected commercial launch of the Company’s NavigatorTM ...