Wednesday, July 20, 2011
Claritas Capital, the Burton Hills VC, says its Claritas Capital Real Estate Fund I has raised $6MM or more toward a $7MM goal, in a filing today with the SEC.
Tuesday, July 19, 2011
VenX, a medical startup that treats spider veins and is backed by TNInvestco-certified TriStar Technology Fund got the FDA nod and 510(k) pre-marketing notification. More here.
Vanderbilt University Medical Center has won a $20MM grant to serve as the coordinating center for an NIH Clinical and Translational Research Awards program that involves 60 institutions. Bill Snyder's Reporter story here posted here.
Monday, July 18, 2011
Frontier Capital (Charlotte, NC) has had its eye on Tennessee ventures for a while. Now, it has more capital and the Recession may be behind us, so... they're taking a fresh look. Scroll down, here.
Two McCamy's in Knoxville have an interesting idea: If an entrepreneur will accept mentoring and join Entrepreneurs of Knoxville, they'll consider them for a free Zingo franchise. Zingo provides drivers dispatched via scooter for motorists who feel they shouldn't drive after drinking, or whathaveyou. It's here too.
Ditto Music is no "me-too" digital entertainment venture, with offices in Nashville, Liverpool and soon in Oz. The Parsons brothers who own it 100% have no debt and 30,000-plus customers as they sail past the $1MM revenue mark. Next, they'll revisit the issue of accepting investment capital they're previously declined. The story's here.
Thursday, July 14, 2011
Tennessee Gov. Bill Haslam expressed concern about federal funding for cleanups at ORNL. He's not convinced ORNL is getting its "fair share," he said. KNS here.
Wednesday, July 13, 2011
HCA announced in a July 12 filing that recently appointed Parallon Business Solutions subsidiary President Beverly Wallace is retiring and her successor will be announced, in due course. SEC filing here. HCA Chairman and CEO said in a statement provided VNC through an HCA spokesman, "Beverly has been an integral member of our senior management team for many years and her contributions to the company are many. Most recently she headed up a group that created and launched Parallon Business Solutions, a wholly-owned subsidiary of HCA. Bev had been contemplating retirement for some time but chose to remain with the company in order to lead the launch of Parallon. With this additional achievement now completed, she has chosen to retire at the end of the year. We are happy for her, offer her our congratulations for such a successful career at HCA and wish her the best in retirement."
Tuesday, July 12, 2011
Monday, July 11, 2011
Thursday, July 07, 2011
Tuesday, July 05, 2011
Terenine, the hosted-data and recovery provider in Chattanooga, is among tech companies benefiting in the wake of disruptive storms and floods, the TFP reports.
Commercial Appeal contributing columnist Andre Fowlkes exhorts Memphians to leverage Tennessee's strong rankings and Memphis' contributions, thereto, to improve the city's reputation. Read it here.
Dr. Harry Jacobson, vice chancellor emeritus at Vanderbilt University and former CEO of its Medical Center, is an entrepreneur and investors, and he has quite a lot going. The story's here.
Sunday, July 03, 2011
Lewis Lavine of Nashville-based Center for Nonprofit Management is one of several sources casting a wary eye on reports of a multicultural chamber's spending in Chattanooga, the Times Free Press reports.
Saturday, July 02, 2011
Stratasan will get 100% of Tod Fetherling, as he pushes to create new alliances for the health analytics firm; also, we provide a weekend update on the Nashville Technology Council's search for Fetherling's replacement as CEO. Read about it here.