WASHINGTON, DC - Venture capitalists invested $4.8 billion in 780 deals in the third quarter of 2010, according to the MoneyTreeReport from PricewaterhouseCoopers and the National Venture Capital Association based on data provided by Thomson Reuters. Quarterly investment activity decreased 31 percent in terms of dollars, and fell 19 percent in number of deals compared to the second quarter of 2010 when $6.9 billion was invested in 962 deals. The decrease in dollars invested was in large part due to the absence of large rounds in the Clean Technology sector, which drove last quarter’s higher investment levels.
TAMPA - The Tampa Bay Technology Forum announced today the finalists for its 7th Annual Industry Achievement Awards. This year’s awards will recognize the leading organizations and individuals in Tampa Bay’s technology community. Finalists were selected by a distinguished panel of judges and will be honored in front of hundreds at an exciting black-tie awards gala on November 12 in Tampa.
ORLANDO - U.S. Department of Energy Secretary Steven Chu announced today the selection of five projects to build and strengthen innovation ecosystems that will accelerate the movement of cutting-edge energy efficiency and renewable energy technologies from university laboratories into the market. This is the first time the Department is funding this type of university-based commercialization effort.
ORLANDO – The future of Florida’s economy will likely be shaped by an elite group of privately owned companies recognized in the annual Florida Companies to Watch awards program scheduled for February 2011, in Orlando. This statewide event lauds the success of business leaders who have taken their operations to the second-stage of growth and hold the potential to continue to create new jobs in their communities and industries, thereby making a difference in regional communities.
MIAMI - CareCloud, a provider of on-demand software and services for the healthcare industry, today announced it has closed a $5 million round of investment capital. Investors include a cadre of prominent entrepreneurs and business leaders. The Company has raised in excess of $7.8 million to date.
FORT LAUDERDALE - CallMiner Inc., a provider of enterprise speech analytics, today announced it had received a $3 million investment from The Florida Growth Fund LLC upon the recommendation of the Fund's management group Hamilton Lane Advisors. The Florida Growth Fund investment is additive to the $4 million C Raise CallMiner announced it had closed on September 1, 2010.
POMPANO BEACH - Onstream Media Corporation a online service provider of live and on-demand Internet broadcasting, corporate web communications and virtual marketplace technology has announced a signed agreement to sell its securities to Lincoln Park Capital Fund, LLC, a Chicago-based institutional investor.
WEST PALM BEACH - BioFlorida announces a live debate on the patenting of human genes between lawyers arguing a federal case that puts into question the validity of patents held on approximately 2,000 human genes. Anton Hopen, a registered U.S. patent attorney and managing partner of Smith & Hopen, P.A., will moderate the debate at BioFlorida’s annual conference.