capital formation

Nashville loyalty-rewards startup textLIVING says $1MM raise wrapping-up

Jul 07, 2014 at 10:04 am by miltcapps

OLD-FASHIONED connections and shoe leather seem to have netted loyalty-rewards startup textLIVING an expanding customer base and nearly $1MM in investment. According to Co-Fo.... Read More

From Cicero to Church Street:<br>Startup Contigo Financial challenges payday lending

Aug 27, 2012 at 12:53 pm by miltcapps

[Update: July 1, 2013] Contigo announced it has been merged with San Francisco-based Emerge Financial, following the two companies' restructuring by Serious Change, a social i.... Read More

TNInvestco funds still had $84 Million dry powder at year-end 2011, ECD says

Aug 21, 2012 at 08:11 am by miltcapps

The state's TNInvestco-supported venture-capital funds had deployed roughly $55.3 million for 76 firms by year-end 2011, according to a report posted today by the program admi.... Read More

Heritage Healthcare Innovation Fund LP pursues $200MM raise

Jan 23, 2012 at 07:47 am by miltcapps

Update 2 May 2016: Heritage announced today that Heritage Fund I hit $170MM and Fund II has now been closed at $220MM. -Ed. HERITAGE Healthcare Innovation Fund LP, based in Br.... Read More

King: FCA Venture Partners now follows more 'ideas' for possible investment

Jan 19, 2012 at 09:51 am by miltcapps

FCA VENTURE PARTNERS' intense observation of companies in which it might invest has more than doubled, said FCA Managing Partner Matt King. Previously, FCA typically monitore.... Read More

VentureNote: Digital Reasoning Systems $7MM raise reported

Nov 29, 2011 at 10:05 am by miltcapps

Digital Reasoning Systems, the Brentwood-based provider of advanced data-analytics technologies, yesterday filed with the SEC a report on a $7 million capital raise, involving.... Read More

TN ECD asks public comment on $30MM Co-Investment plans

Nov 28, 2011 at 05:41 pm by miltcapps

The office of State Economic and Community Development Commissioner Bill Hagerty on Nov. 28, 2011, issued draft guidelines for its 2012 INCITE Co-Investment Fund for early-sta.... Read More

Entrada ramps-up marketing, products with B-round capital infusion

Aug 09, 2011 at 09:40 am by miltcapps

Updated 12 April 2017: NextGen Healthcare (QSI) acquired Entrada for north of $30MM cash, release here. I reported the companies' strategic relationship in 2013 via Forbes for.... Read More

Bottorff: TNInvestco shows 'creativity' in TN capital-formation;<br>entrepreneurial sector is an American source of strength

Aug 08, 2011 at 02:58 pm by miltcapps

Tennessee cannot rely today on the economic tide that was rising before the recession, and must be creative in fostering capital formation and ultimately jobs, Dennis Bottorff.... Read More

Digital ventures: NEC & Music City allies strike a match

Apr 14, 2011 at 11:21 am by miltcapps

Potentially explosive digital-entertainment ideas fill the air in Nashville. We just need someone to strike a match. That belief seems to be driving a new mentoring and promo.... Read More

Angel Tax Credit: Prayers for passage not on all lips

Apr 11, 2011 at 08:34 am by miltcapps

The Angel Investor Tax Credit proposal now before the General Assembly may remind some of the adage, "Be careful what you pray for." Denenberg Angel Capita.... Read More

TNInvestco pace mounts; Consensus Point next up?

Apr 04, 2011 at 08:11 am by miltcapps

CONSENSUS POINT, the Nashville-based predictive markets provider, is believed close to securing a $1 million investment from TNInvestco NEST-TN, according to VNC sources..... Read More

NewsBits, April 4, 2011

Apr 04, 2011 at 08:11 am by miltcapps

TripRaiser may have legs: Nashvillians Lauren and Wade Honeycutt (left), both age 23 and 2009 Auburn grads, told VNC they plan a May launch for their software as se.... Read More

NEWSBITS, Feb. 8, 2010

Feb 08, 2010 at 01:46 pm by miltcapps

CredenceHealth update: VNC has learned CredenceHealth has hired Terri Mitchell (left) away from Thomson Reuters in the Raleigh area, where she was manager of clinical consulti.... Read More

Bills in hopper: General Assembly, VCs eye TNInvestco expansion

Feb 01, 2010 at 12:19 pm by miltcapps

Legislation now before the General Assembly puts in-play the expansion of Tennessee's eight-month-old TNInvestco capital-formation program. The two place-holder bills that we.... Read More

NEWSBITS, Jan. 19, 2010

Jan 19, 2010 at 10:13 am by miltcapps

OnFocus|Healthcare is raising about $3 million in fresh capital, augmenting a 2008 round led by Nashville-based Solidus Co. In a filing with the SEC dated Jan. 14, OnFocus ind.... Read More

FourBridges exec: More insurers would invest if TNInvestco reopens

Jan 15, 2010 at 10:29 am by miltcapps

A Chattanooga executive says there's probably more demand out there for the TNInvestco tax-credit allocations that are funding new Tennessee investment funds. The state's new.... Read More

FourBridges exec: More insurers would invest if TNInvestco reopens

Jan 15, 2010 at 10:28 am by miltcapps

A Chattanooga executive says there's probably more demand out there for the TNInvestco tax-credit allocations that are funding new Tennessee investment funds. The state's new.... Read More

Digital Reasoning Systems names new president

Jan 11, 2010 at 02:09 pm by miltcapps

Update: DRS Oct. 9, 2014 announced raising $24MM in a Series C round led by Goldman Sachs and Credit Suisse NEXT Investors, noting that previous investors have included Partne.... Read More

2010 Economy: Kisber, Cromwell both face reckoning

Jan 06, 2010 at 02:47 pm by miltcapps

The leaders of two platoons of State economic-development professionals will each face a reckoning in 2010. Matt Kisber, Gov. Phil Bredesen's commissioner of economic and comm.... Read More

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