2007 Featured Companies
AerovectRx - Atlanta, GA; www.AerovectRx.com
AerovectRx is an aerosol therapeutic company providing proprietary dosage-controlled technology solutions to the $12 billion inhaled drug delivery market. The company's technology was developed by the U.S. Center for Disease Control and is licensed exclusively to AerovectRx.
AxoGen - Gainesville, FL; www.axogeninc.com
AxoGen provides surgeons a biological solution to repair and regenerate peripheral nerves, bringing relief and restoring functionality to patients who suffer peripheral nerve injuries. AxoGen's co-founder and CEO, Jamie Grooms, previously founded Regeneration Technologies and guided the company from its establishment in 1996 to 400 employees and a successful IPO in 2000. AxoGen has licensed several patent-pending technologies from the University of Florida and has received initial venture funding from Accuitive Medical Ventures, Cardinal Partners, De Novo Ventures and Springboard Capital.
Biofisica - Atlanta, GA; www.biofisica.com
Biofisica is a medical device company developing products for the soft-tissue regeneration market. Its initial technology focuses on the advanced wound healing care market. Biofisica's technology has the potential to be disruptive to the $12 billion global wound care market.
Brightdoor Systems - Cary, NC; www.brightdoor.com
BrightDoor Systems provides marketing and sales software to real estate developers for lead generation, sales presentation, sales process management, and prospect management/CRM. BrightDoor's systems are deployed and sold in subscription based, software as a service model, with management applications accessible via a web portal and presentation applications integrated into the customer experience at the onsite sales center and online. The company has seen strong market adoption and has funded itself through its own revenue growth to date.
Bright View Technologies - Morrisville, NC; www.brightviewtechnologies.com
Bright View Technologies develops innovative microstructure based optical films for the worldwide display market. Bright View is transforming this market by leveraging a unique and proprietary platform technology to create highly engineered, large area, microstructured masters and tooling enabling the mass production of unique plastic optical films with superior light management characteristics. Bright View is introducing products for displays based on virtually all display technologies including LCD, Plasma, OLED, rear projection and front projection. The directly addressable markets for products currently in development by Bright View exceeded $3 billion annually in 2005. Bright View has raised institutional investment from Battery Ventures.
Broadwick - Durham, NC; www.broadwick.com
Broadwick is a provider of web-based emarketing communications software. With over 7000 customers, Broadwick's technology offerings allows organizations to easily create, send, and track email newsletters, RSS feeds, and blogs. Broadwick's CEO, Ryan Allis, is one of BusinessWeek magazine's top 25 entrepreneurs under 25, having already built three multi-million dollar technology firms.
buySAFE - Arlington, VA; www.buysafe.com
buySAFE helps to create a safe and stress-free online shopping environment through Bonded Shopping - the only program that qualifies merchants, identifies reputable online businesses with the buySAFE Seal, and uses surety bonds to provide protection for individual buyers from online transaction risks. buySAFE has raised over $21 million to date from investors such as Grotech Capital Group, Core Capital Partners, Hartford Ventures and Thomas Rutherfoord.
Campus Management - Boca Raton, FL; www.campusmgmt.com
More than 1100 colleges, universities and distance education providers worldwide rely on Campus Management for efficient, scalable, and flexible administrative solutions that enhance institutional excellence. Rapid implementation of its highly integrated system benefits diverse traditional and non-traditional programs and distinguishes Campus Management's One Campus technology vision for higher education. The company won Microsoft’s 2005 Public Sector award for innovation in Higher Education; and, it was named Microsoft’s Global ERP Solutions Developer of the Year in 2003.
CoalTek - Tucker, GA; www.coaltek.com
CoalTek utilizes a proprietary, single-stage process technology to convert low rank, mine-run coals into high-rank, clean coal alternative fuels for use by coal-fired electric utilities. CoalTek provides a unique, pre-burn clean coal solution to the 1.1 billion ton/year utility marketplace. This proprietary technology improves both the fuel efficiency and the environmental quality of a broad range of mine-run coals, increasing BTU content while concurrently reducing SO2 and other impurities by up to 70%. CoalTek has received funding from Draper Fisher Jurvetson, Technology Partners, Braemar Energy Ventures, and Warburg Pincus.
Cohda Wireless - Orlando, FL; www.cohdawireless.com
Cohda Wireless, a provider of Wi-Fi enhancing technologies, was founded in 2003 by a group of research scientists working at the University of South Australia's Institute for Telecommunications Research. Cohda's technology assists with demanding real-time applications such as streaming full motion video from in-vehicle cameras, VoIP teleconferencing, integrated Automatic Vehicle Location (AVL) tracking, and much more. The company has received two significant grants from the Australian Government and attracked additional early stage private equity investment.
Diffusion Pharmaceuticals - Charlottesville, VA; www.diffusionpharma.com
Diffusion Pharmaceuticals is a drug discovery and development company pioneering a revolutionary approach to treat life-threatening diseases. Diffusion's proprietary small-molecule therapeutics (drugs) enhance the diffusion of oxygen through areas of critical resistance and into hypoxic (oxygen-starved) tissues. This breakthrough technology creates an exciting new way to treat conditions in which lack of oxygen leads to the death of vital tissue. Diffusion's lead product once approved by the FDA, could be used by over 20 million patients a year in the United States alone, with an annual market well into the billions of dollars.
iNeoMarketing, Herndon, VA; www.iNeoMarketing.com
iNeoMarketing is an early stage on-demand, hosted software company focused on reducing the sales cycle for B2B companies and driving incremental revenue opportunities. Its first product is a patented on-demand, hosted landing page application and system. The need for B2B landing pages, an estimated $1.5 billion market, is driven by B2B advertising, such as search engine advertising and email marketing. The company has raised initial capital from TWJ Capital and Virginia's CIT GAP Fund.
Market10 - McLean, VA; www.market10.com
Market10 is the inspiration of Rob McGovern, former Founder and former Chairman and CEO of CareerBuilder.com. Founded in 2005, Market10 is building an online job marketplace using its revolutionary new matching engine. Market10 has raised funding from Menlo Ventures and New Enterprise Associates.
Metabolon - Durham, NC; www.metabolon.com
Metabolon is an industry leader in the discovery of biomarkers through the use of metabolomics, a powerful and new scientific approach for the discovery and development of drugs and the early diagnosis of disease states. Metabolon's patent-pending technology is poised to dramatically impact drug discovery and development processes by accurately measuring the spectrum of biochemical changes and mapping these changes to metabolic pathways. Metabolon has received over $17 million in two rounds of funding from Sevin Rosen Funds, The Aurora Funds, The Trelys Funds and Harris & Harris Group.
Multiply - Boca Raton, FL; www.multiply.com
Multiply is the leading "personal social networking" website for people to share their life through media - with friends, family, and co-workers - in a controlled and meaningful way. Multiply combines social networking, content sharing and communication, and serves as a publishing platform, enabling people to share photos, videos, blogs and more with those who care most: their real friends, direct contacts, and friends of friends, but not necessarily with the world at large. Multiply's usage has been steadily gaining traction as one of the most popular sites on the Web today, with more than 3.2 million registered users and 500% growth in page views and items posted in the last ten months.
mVisible Technologies - Deerfield Beach, FL; www.mvisible.com
mVisible Technologies creates technology, products, and services that simplify the delivery of content to mobile devices. mVisible has created a web-based platform from which user-generated content (music, pictures, etc.) is delivered to mobile devices andallows musicians, brands and other rights holders to quickly and easily sell and share their unique content as ringtones or wallpaper images directly from their own websites or MySpace pages. mVisible secured $3 million inSeries A investment in October of 2006 from New World Angels.
Nextreme Thermal Solutions - Research Triangle Park, NC; www.nextremethermal.com
Nextreme Thermal Solutions manufactures embedded thermoelectric coolers to reduce the temperature of semiconductor hot spots, increasing the performance, reliability and yield of high-performance CMOS ICs. These high-performance solid-state devices operate as miniature heat pumps, efficiently providing localized cooling for electronic applications.Nextreme raised $8 million in Series A round from Red Shift Ventures, RTI International, In-Q-Tel, Aurora Funds and Harris & Harris Group.
Proximities - Melbourne, FL; www.proximities.com
Proximities manufactures and markets a suite of RFID based solutions including cashless purchasing, age verification, access privileges and Customer Relationship Management (CRM) data acquisition. CEO Ronald Carney has founded, funded and grown two major wireless companies, Airnet Communications Corporation, which held its IPO in 1999, reaching a market capitalization of $1.2 billionand Tantivy Communications, which was purchased by Interdigital Corporation in 2003.
RadarFind - Research Triangle Park, NC; www.radarfind.com
RadarFind is a healthcare technology company focused on improving patient care and hospital profitability. The company's technology provides an indoor positioning system that tracks medical equipment and patients. RadarFind's patient and asset tracking systems are designed to integrate with existing hospital infrastructure and operations. RadarFind provides the tools to overcome many of the day to day obstacles healthcare providers encounter while delivering high quality patient care. The company has raised initial funding from NC IDEA.
rPath - Raleigh, NC; www.rpath.com
rPath provides rBuilder and rPath Linux, the first platform for transforming applications into virtual appliances. Software appliances and virtual appliances give application developers control over the deployment and update of the complete software stack, from the OS to the application. rPath was a finalist on the Red Herring 100 North America list and has been receipient of numerous national technology awards. rPath raised a Series A round in 2006 led by North Bridge Venture Partners and General Catalyst Partners.
SquareLoop - Reston, VA; www.squareloop.com
SquareLoop provides the next generation mobile alerting platform by combining patented location-based services (LBS) technology and unique mobile messaging features in the $12 billion LBS marketplace. SquareLoop has developed the only solution for delivering geographically targeted messages without tracking subscribers' individual movements which help overcome privacy concerns. SquareLoop CEO Tom Stroup previously served as CEO and founder of two telecommunications companies that he grew to revenues of over $45 million and $21 million respectively.
Submachine Corp - Providence Forge, VA
Submachine has created low-cost miniature pumps to cool components in computers and servers. The market size of just four of the markets where application of SubMachine's technology has high potential is over $40 billion (in sales of SubMachine's targeted products). Submachine is looking to raise its first round of institutional funding.
Sunlight Direct - Oak Ridge, TN; www.sunlight-direct.com
Launched in 2004, utilizing patented technology developed at and licensed from Oak Ridge National Labratory, Sunlight Direct is developing technology that has the potential to be a disruptive force in the multi-billion dollar lighting market.The company's Solar Collection platform allows sunlight to be collected and controlled for various applications, including wide-scale application of providing natural light to commercial spaces, where currently artificial lighting accounts for 40% of the electricity used.
SWsoft - Herndon, VA; www.swsoft.com
SWsoft is a recognized leader in server automation and virtualization software. With more than 10,000 customers in over 100 countries, SWsoft's suite of award-winning products delivers proven performance, manageability and value. SWsoft is a high growth company funded by Bessemer Venture Partners, Insight Venture Partners and Intel Capital.
Telesensors -Knoxville, TN; www.telesensors.com
Telesensors is an early stage firm developing the next generation of intelligent wireless sensors, called Smart Sensors. Smart Sensors are low cost, wireless integrated circuits that can detect nuclear, chemical, or biological agents, as well as more conventional environmental conditions, such as temperature providing a combined market potential of over $3 billion. The patented technology is licensed from University of Tennessee.
Therasim - Durham, NC; www.therasim.com
TheraSim provides software systems for improving the quality of patient care, educating medical professionals and managing the risk of healthcare providers by measuring, predicting and reducing medical error. Medical error is a $78 billion problem in the US.
ViTrue - Atlanta, GA; www.vitrue.com
ViTrue is reinventing the way brand marketing is created, priced and distributed via an online video platform that combines user services, user tools and brand partnerships. ViTrue’s platform is a user-created advertising product that enables brands to leverage consumer creativity to produce more relevant and engaging advertisements at a lower cost of production. The online video ad market is expected to reach $1.5 billion in 2009. The company was launched in 2006 with funding from General Catalyst Partners. |
