TrakLok to VCs

The Southeast Venture Conference announced Knoxville-based TrakLok is among presenters. A third round of presenters will soon be issued. KNS reports. Yesterday, we posted Bandbox will also present.

Newsbits, March 30, 2010

Here's today's roundup: Two new senior tech hires at EMMA and at HMS... An update on IMI Health's next capital raise.. VCs Noro-Moseley and Chrysalis add deal-flow operatives... plus, news from FiledBy, PerfectServe, Signal Energy, TrakLok, Appriss and more here.

Innova fund explains TrakLok investment

Innova Memphis' Jan Bouten, a key man in TNInvestco-capitalized Innova Fund II, found himself all-but promising Memphians that -- even though the new fund's first investment was in Knoxville-based TrakLok -- the pipeline if full of Memphis-area firms and some are likely to be winners, soon. Bouten told the Memphis Daily News the fund has received hundreds of inquiries regarding investment since the TNInvestco winners were announced in November. Bouten told the MDN he'd been following TrakLok since 2008 (probably, VNC thinks, after having been introduced to the firm through the TTDC innovation conference that year).

Eastate entrepreneur award winners

Catching-up: We may not previously have posted that The Innovation Valley Technology Council (Tech2020) last fall announced its Navigator Award winners: Radio Systems PetSafe, innovative large company; Genera Energy, innovative small company; Misty Mayes, Management Solutions, outstanding entrepreneur; Oak Ridge Associated Universities, large company community service award; and RecruitWise, small company community service award. In addition, in the related ThrottleUp 2009 event, TrakLok™ Corporation won the business plan pitch competition for seed and early stage companies. TrakLok helps companies globally track intermodal shipping containers.