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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...

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Earthlink 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...

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Alabama-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...

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Alabama-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)...

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NC-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...

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NC-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...

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Alabama-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...

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Alabama-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...

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Wireless 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,...

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What 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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