Huntsville-based Synapse Wireless beams in $2.91M
HUNTSVILLE, AL – Synapse Wireless Inc., a company selling software to network machine to machine communications, has raised nearly $3 million from 35 investors, according to a regulatory filing. The...
View ArticleEarthlink buying ITC Deltacom for $516 million
ATLANTA & HUNTSVILLE, AL – EarthLink Inc. (Nasdaq: ELNK), one of the nation’s leading Internet service providers, and ITC^DeltaCom Inc. (OTC Bulletin Board: ITCD), a provider of integrated...
View ArticleAlabama-based Cedar Ridge Research raises $1.3M
NEW HOPE, AL – Cedar Ridge Research, a company that provides a platform to research, develop, protect, and launch challenging technologies, has raised $1.3 million from a single investor, according to...
View ArticleAlabama-based BioDtech injects $600K for toxin detection
BIRMINGHAM, AL - BioDtech Inc., which sells a product to detect and remove toxins from research biological test samples, has raised $600,000 in venture funding from the Birmingham Technology Fund (BTF)...
View ArticleNC-based nContact Surgical sews up more than half of $23.1M in equity
MORRISVILLE, NC – nContact Surgical, formerly known as Ablatrics Inc., has rasied $13.15 million of a targeted $23.15 million equity raise, according to a regulatory filing. nContact makes medical...
View ArticleNC-based medical device firm nContact closes on $16M
MORRISVILLE, NC – Medical device firm nContact Surgical has closed on $16 million in funding led by existing investor Harbert Venture Partners. New investor ZMV Associates also participated in the...
View ArticleAlabama-based Agenta nabs $1.1M NIH grant
BIRMINGHAM, AL – Agenta Biotechnologies Inc., based in Birmingham, has received a $1.1 million grant from the National Institutes of Health and National Institute of Dental and Craniofacial Research...
View ArticleAlabama-based Momentum Telecom dials in $10M financing
BIRMINGHAM, AL – Momentum Telecom Inc., via MBS Hodlings, has raised $10 million in equity financing from seven investors, according to a regulatory filing. Momentum focuses on providing voice telecom...
View ArticleWireless infrastructure firm 11i Solutions closes $1.89M bridge financing
HUNTSVILLE, AL – 11i Soluitons, a wireless infrastructure and solutions provider, has closed on a $1.8 million convertible bridge financing. Steel Pier Capital Advisors led the round. 11i Solutions,...
View ArticleWhat can advertisers learn from the flu?
Even though this year’s flu virus is infecting people throughout the nation and New York and Boston even declared citywide health emergencies – you might not guess that Huntsville, Alabama is the city...
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