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Monthly Archives: June 2014

  • Crunch time for crowdfunding – and this Raleigh startup

    As time starts to run out for the North Carolina JOBS Act, crowdlending firm GroundFloor has snagged a $300,000 loan, bringing its total venture haul to about $600,000.

    But GroundFloor’s success – at least in North Carolina – isn’t solely dependent on dollars. It’s awaiting a critical piece of legislation before it can operate here.

    Specifically, the North Carolina JOBS Act would allow intrastate investment crowdfunding, enabling both accredited and non-accredited North Carolina investors…

  • Durham's Quintiles signs deal with MMC to communicate with docs better

    Pharmaceutical research organization Quintiles will partner with analytics group MMC to launch a new marketing analytics platform.

    Quintiles (NYSE: Q) collects millions of data points and interacts with thousands of doctors and researchers for its pharmaceutical research. “As physicians and the healthcare industry evolve, we need real-time data analytics to maximize our outreach efforts and ensure we are utilizing the most effective ways to reach physicians,” according to Daryl Gaugler, senior…

  • Exclusive: A candid chat with the man behind 550 new jobs at Cisco

    A week after announcing a 550-job expansion, the site lead at Cisco (Nasdaq: CSCO)’s Research Triangle Park campus, Ed Paradise, hits pause on back-to-back meetings just long enough for an exclusive chat.

    Paradise, who worked at IBM (NYSE: IBM) before joining Cisco in 1993, is a passionate guy – and not just about his networking company. His particular passion of late? Mentorship.

    So our chat runs the gambit, from those 550 jobs, to the entrepreneurship dollars Cisco is divvying out, to the…

  • Triangle chefs collaborate on dinner for charity

    Seven local chefs will contribute to one exclusive dinner they will prepare together.

    Former head pastry chef of The Umstead Hotel & Spa Daniel Benjamin who will be opening patisserie Lucettegrace downtown Raleigh will be cooking along side executive chef of the North Carolina governor’s mansion David Gaydeski and John Blackley of Bocci in Durham and former Midtown Grille chef Scott James. Their skills will collide at Plates Neighborhood Kitchen, where owner and chef Steve Day and partner Sam…

  • Red Hat CEO tips his hat to Tesla

    Tesla’s Elon Musk has the right idea, says Jim Whitehurst, CEO of Raleigh-based Red Hat.

    Whitehurst, chatting hours after Red Hat (NYSE: RHT) announced a 17 percent revenue jump in the first quarter, says the Tesla CEO was on point when he decided to make his cars’ patents open-source.

    And he saw it coming – well, maybe not Musk’s announcement specifically.

    But throughout our conversations over the past two years, Whitehurst has been bullish about his belief that open-source technology…