For the next few days we’ll be listing the companies in TechJournal South’s inaugural Tech 50 company selection. They represent firms born in this century that have innovative technologies and show considerable promise as businesses. Here’s the first ten.
1. 6th Sense Analytics, Morrisville, NC – www.6sa.com
6th Sense Analytics, based in Morrisville, NC, helps companies automatically track software development projects, automating what in the past has been a cumbersome manual process. According to a recent Duke University/Booz Allen Hamilton study, managerial control is one of the key challenges for organizations sending software development and other high-end processes offshore. Founded in 2004, the company raised $5 million in January 2007. Greg Burnell is CEO.
2. Anystream, Sterling, VA – www.anystream.com
Anystream, based in Sterling, VA, sells on demand video software used by educational media companies from MIT to MTV. The company’s Agility software converts media from on-air to online applications. Customers include CNN, Home Shopping Network, and Wheels TV, among many others. Its Apreso technology captures rich media lectures and makes them available for online review. It has raised $44 million to date since being founded in 2000.
3. Applied Plasmonics, Gainesville, FL – www.appliedplasmonics.com
Applied Plasmonics technology generates light in any color by directing an electron beam over a chip surface studded with nanoantennas, kicking off photons of the desired color. The Gainesville, Florida-based company’s technique is more efficient than LEDs or fluorescent lamps and the energy from the electron beams can be recovered. The company plans to both license the technology and develop commercial products with it. It has raised $10 million in venture capital.
4. Brightview Technologies, Research Triangle Park, NC -www.brightviewtechnologies.com
Founded in 2002, Bright View Technologies develops innovative microstructure based optical films for the worldwide display market. Bright View is transforming this market by leveraging a unique and proprietary platform technology to create highly engineered, large area enabling the mass production of unique plastic optical films with superior light management characteristics. Bright View is introducing products for displays based on virtually all display technologies including LCD, Plasma, OLED, rear projection and front projection. The directly addressable markets for products currently in development by Bright View exceeded $3 billion annually in 2005. Bright View has raised institutional investment from Battery Ventures.
5. Broadwick, Durham, NC – www.broadwick.com
Durham, NC-based Broadwick is a provider of proprietary web-based emarketing communications software. With over 7000 customers and growing, Broadwick’s technology offerings allows organizations to easily create, send, and track email newsletters, RSS feeds, and blogs. Broadwick’s CEO, Ryan Allis, is one of BusinessWeek magazine’s top 25 entrepreneurs under 25, having already built three multi-million dollar technology firms.
6. Camero, Tyson’s Corner, VA -www.camero-tech.com
Camero 3D “Through–Wall Vision” products open doors for the military, law enforcement organizations, and search and rescue operations. The 5-year business plan delineates three initial markets for Xaver 800 products: the military, law enforcement organizations, and search and rescue operations. This Tyson’s Corner-based firm was founded in 2003 has raised over $21 million to date.
7. Centice, Research Triangle Park, NC – www.centice.com
Centice, a Research Triangle Park, NC, spin out from Duke University with exclusive technology license for computational optical sensing, is bringing a first generation real-time drug verification product to the retail and hospital pharmacy markets. The company has over a dozen patent filings in process and was awarded two key patents in 2006. It has raised $7.5 million and seeks $10 to $15 million for expansion.
8. Clarabridge, Reston, VA – www.clarabridge.com
Reston, VA-based Clarabridge enables Fortune 1000 companies to transform text into valuable information to improve market research, customer care, product development, quality assurance and risk management. Clarabridge’s award-winning text analysis software links the worlds of text mining, search and business intelligence to enable enterprises to quickly and intuitively leverage all of their data-internal and external, structured and unstructured to make better business decisions. It has raised $20.4 million.
9. ChannelAdvisor, Morrisville, NC – www.channeladvisor.com
ChannelAdvisor sells technology and services for ecommerce management for search, comparison shopping and markeplaces. Led by serial entrepreneur Scot Wingo, the Morrisville, NC-based company has raised $66 million in venture capital from investors such as New Enterprise Associates (NEA), Kodiak Venture Partners, Advanced Technology Ventures, Southern Capitol Ventures and eBay.
10. Clearspring Technology, Arlington, VA – www.clearspring.com
A leader in the emerging market in viral content syndication, Arlington, VA-based Clearspring Technologies has served its three billionth widget since launching their platform in late 2006. Clearspring is serving approximately 60 million widgets every day, positioning the company as a dominant player in the widget space. What is a widget you ask? Widgets are content, such as videos, images and text that web users can distribute via a single platform on personalized Web sites. The company has raised over $7 million in funding from investors including Novak Biddle Venture Partners and ZG Ventures.
For the press release including all of the Tech 50 companies see:
http://techjournalsouth.com/news/article.html?item_id=3250
Southeast Venture Conference, February 29 – March 1, 2012 at the Ritz Carlton in Tysons Corner, VA – Where Smart Money Meets Smart People.
www.seventure.org
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