Innova Fund

Education Networks of America vets launch $6MM raise for Vid-Teller venture

Jan 23, 2012 at 07:43 am by miltcapps

SEVERAL EXECUTIVES long associated with Nashville-based Education Networks of America (ENA) are party to a $6 million capital raise for VTM LLC, a virtual-teller network and c.... Read More

Cortac, Hubble Telemed and venture follow-ons get TNInvestco nods

Jan 23, 2012 at 07:43 am by miltcapps

AMONG RECENTLY REPORTED investments by TNInvestco funds, Memphis-based Hubble Telemedical recently obtained a $250K investment from MB Biomed Ventures Tennessee I, the TNInves.... Read More

Noted: Tailwind, McWhorters buy into Cumberland Consulting

Jan 05, 2012 at 06:58 am by miltcapps

Health IT services provider Cumberland Consulting Group, based in Franklin, announced Jan. 4 that some of its management team have joined with New York City-based Tailwind Cap.... Read More

TNInvestco funds stay busy with further tech-sector investments

Jan 04, 2012 at 08:35 am by miltcapps

AT LEAST SIX of the state's 10 TNInvestco funds have recently reported transactions with early-stage companies. TriStar Technology Fund invested $1MM in Montara, Calif.-.... Read More

A-round ahead? LeanKit's Hefley visualizes future for local software venture

Sep 27, 2011 at 09:40 am by miltcapps

CHRIS HEFLEY, the co-founder and CEO of LeanKit, recently told VNC the Brentwood software startup is likely by the end of 2012 to quintuple its 2011 revenue -- moving from a p.... Read More

TNInvestcos-funded 'S2 Interactive' debuts at Musculoskeletal venture forum

Sep 26, 2011 at 10:58 am by miltcapps

Larry Foster's S2 Interactive startup may stand-out in many ways during the Musculoskeletal New Ventures Conference, Oct. 18th in Memphis. Foster is S2's founder, president, C.... Read More

Mayor names Galante to lead Nashville Music Council

Jul 12, 2011 at 09:03 am by miltcapps

Updated Nov. 10, 2015 - The Tennessean reports today that ProjectMusic Founder and former SONY Nashville chief Joe Galante will head the Council. He had two predecessors in th.... Read More

Eyes on TNInvestco: New funds commit an estimated $30MM+ for TN startups

Jul 11, 2011 at 09:33 pm by miltcapps

The ten Tennessee firms certified to operate TNInvestco funds have thus far committed more than $30.3 million to 53 companies, according to VNC’s informal review of reco.... Read More

Local iTech hiring may be resurgent, but too soon to call

Mar 29, 2010 at 12:56 pm by miltcapps

Hiring in the Nashville information-technology community might be thawing-out, but no one really knows, for sure. A recent IT-hiring report from Nashville Technology Council.... Read More

Venture Notes, March 26, 2010

Mar 26, 2010 at 11:54 am by miltcapps

Claritas Capital Managing Partner John Chadwick (left) told PEHub earlier this week that "mobile couponing" has caught his eye. Chadwick told the online newsletter, in part, ".... Read More

NEWSBITS, Feb. 11, 2010

Feb 11, 2010 at 12:38 pm by miltcapps

Pharos Capital Managing Partner Michael Devlin (left) told an audience gathered here yesterday for a panel discussion of IPO, M&A and financing trends that he believes it'.... Read More

Quick Take: TN VCs comment on Private-Company Exchanges

Feb 11, 2010 at 12:37 pm by miltcapps

Some Tennessee VCs say they see merit in the exit options provided by a batch of new private-company exchanges, including Portal Alliance and Second Market. In a Jan. 25 repo.... 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

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

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