Townes Duncan

VentureNotes: Council Capital, Solidus at Work

Aug 27, 2012 at 12:54 pm by miltcapps

Dennis Bottorff COUNCIL CAPITAL-backed NuScriptRX, the Nashville-based mail order institutional pharmacy, has reached a $30MM revenue run-rate and has closed on a gro.... Read More

Economist: Innovation campaign driven by pragmatism is crucial

Oct 20, 2011 at 12:25 pm by miltcapps

TENNESSEANS who want to advance the state's economy and its citizens' standard of living must not "become fixated on gridlock in Washington" and must realize that the fate of.... Read More

VentureNotes: Change|Healthcare, XMi High Growth,<br>Shareable Ink, StreamWeaver

Oct 19, 2011 at 10:32 am by miltcapps

Update: Nov. 19, 2014 11:15 a.m. - Emdeon announced it has acquired Change|Healthcare for $135MM+. Our October 2011 item is below.-Ed. CHANGE|HEALTHCARE, which provides consum.... Read More

Noted: Claritas Capital reports $10 MM raised so far in 2 funds

Sep 01, 2011 at 03:09 pm by miltcapps

Claritas Capital, the Burton Hills-based early-stage venture capital firm, has apparently raised $10 million of a combined projected $75MM for two pooled investment interest f.... Read More

BreatheAmerica B-round hits $22MM with Essex Woodlands in lead

Sep 01, 2011 at 09:09 am by miltcapps

Update Sept. 6: Essex Woodlands announced leading and closing a total $22MM B-round for BreatheAmerica. On Sept. 1, CEO Hutts confirmed BreatheAmerica's runrate is about.... Read More

Angel-backed Chattanooga Renaissance Fund launches

Mar 15, 2011 at 09:56 am by miltcapps

The Chattanooga Renaissance Fund (CRF), an angel network, has been launched in that city with an initial $3 million, said general partner Charlie Brock, who is also a partner.... Read More

TNInvestco: Welcome to the 'Messy World' of Capitalism

Mar 14, 2011 at 08:38 am by miltcapps

TNInvestco, the capital-formation and jobs-creation initiative crafted by a momentarily bi-partisan Tennessee General Assembly and the Administration of then-Gov. Phil Bredese.... Read More

DMA taps Buffkin Group to find CEO to face Digital Era

Mar 11, 2010 at 09:25 am by miltcapps

Buffeted by discord and with Digital Era pressures mounting, the Direct Marketing Association has retained The Buffkin Group LLC of Nashville to conduct the search for the glo.... Read More

Solidus, Co-Founders launch JumpStart Foundry for seed-stage investing

Mar 10, 2010 at 12:35 pm by miltcapps

Solidus Company and nearly 20 co-founders have launched JumpStart Foundry LP, which will invest $15,000 in an array of individual seed-stage ventures. Solidus Partner Vic Gat.... Read More

UT-Battelle, NellOne Therapeutics license patents for tissue therapy

Jan 28, 2010 at 01:58 pm by miltcapps

UT-Battelle LLC today announced it has licensed patents to NellOne Therapeutics Inc., with an eye toward new therapies that would restore both mass and function to damaged hum.... Read More

VC Coleman demands access to TNInvestco records

Jan 28, 2010 at 10:43 am by miltcapps

Updated 2:45 p.m.:  State. Sen. Doug Overbey told VNC he will file a "caption bill" this afternoon to "reserve a space" for legislation advocated by the Bredesen Administ.... Read More

People: Nix leads Deloitte M&A transaction services here

Jan 14, 2010 at 04:44 pm by miltcapps

Nashville has become the aerie-of-choice for executives with an eagle's-eye on the nation's healthcare sector. One of those sharp-eyed professionals is Lisa Nix, who is direc.... Read More

Clayton McWhorter to chair Nashville Entrepreneur Center

Jan 13, 2010 at 12:21 pm by miltcapps

Updated 3:15 p.m. - NTC's Fetherling called after publication of this story to ensure we understood he didn't handpick the NEC board. Our story makes clear the picking was don.... Read More

Solidus-TNInvestco LLC

Nov 05, 2009 at 10:30 am by miltcapps

Solidus-TNInvestco LLC — E. Townes Duncan is CEO of Solidus General Partner LLC and managing partner of Solidus Company LP.  The Solidus portfolio contains nearly 2.... Read More

NEST-TN, LLC

Nov 05, 2009 at 10:30 am by miltcapps

NEST-TN, LLC -- The NEST acronym stands for Networking, Entrepreneurs, Seed capital, and Technology. The new vehicle was founded by Frances Folk Marcum, a member of the Tenn.... Read More

TTDC supports innovation with $500K for six teams

Sep 28, 2009 at 01:54 pm by miltcapps

Roughly $500,000 in Tennessee Technology Development Corporation grants have been awarded to teams developing technologies that may be commercialized. The fact that TTDC is p.... Read More

Tennessee Biotechnology Association wrestles with leadership and priorities

Sep 17, 2009 at 12:08 pm by miltcapps

Tennessee Biotechnology Association Interim Chairman Bob Acuff, Ph.D., says TBA knows his successor should come from the biotech industry, not academe. Acuff has held the TBA.... Read More

TNInvestco: 'Creativity incredible' among interested firms

Sep 14, 2009 at 08:03 am by miltcapps

Updated 2:58 p.m. Sept. 17, 2009: Coleman Swenson Crist; Southern Appalachian TNInvestco Management Co. LLC; and, Richland Ventures IV LLC have now also applied for TNInvestco.... Read More

VCs form industry consortium, as TNInvestco nears kickoff

Jul 27, 2009 at 07:25 am by miltcapps

The state's venture capitalists are studying the rulebook, scouting for teammates and sizing-up the referees who'll control the TNInvestco tournament for 10 years. Just over t.... Read More

Recapitalization at Documentary Channel, after founder-filmmaker cedes CEO role

Jul 23, 2009 at 09:26 am by miltcapps

On Tuesday, Documentary Channel Inc. began taking investment for a recapitalization that may total exactly $13,010,458. Striking as it is, the Nashville company's filing.... Read More

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