Approximately 60 companies will be featured at the 2010 Southeast Venture Conference, from early to late stage in a wide range of industries.
Currently announced companies include:
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Acumatica - Bethesda, MD; www.acumatica.com
Acumatica develops and sells an integrated set of web-based accounting, ERP, and CRM software that can be deployed on premise, hosted at a datacenter, or run on a cloud computing platform. The Maryland-based company is fresh off an investment from Cisco-backed Almaz Capital Russia Fund. |
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Advanced Liquid Logic - Research Triangle Park, NC; www.liquid-logic.com
Advanced Liquid Logic is a digital microfluidics "lab-on-a-chip" spinout from Duke University's Pratt School of Engineering. Digital microfluidics enables extremely flexible Lab-on-a-Chip devices that can be configured in software to execute virtually any assay protocol. The firm has banked over $30 million in grants and investments since its inception and was named Entrepreneurial Company of the Year by Frost & Sullivan and runner up in the Wall Street Journal's Technology Innovation Awards semiconductors category. |
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Avancen – Mount Pleasant, SC; www.avancen.com
Avancen produces the MOD (Medication on Demand), a wireless device that allows hospitalized patients to directly access their oral pain medication from the bedside. With close to one million hospital beds in the US alone - along with the secondary care market such as rehabilitation centers, long term care and assisting living facilities, the market potential for Avancen’s MOD product exceeds $2 billion. |
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AvidXchange - Charlotte, NC; www.avidxchange.com
AvidXchange is a SaaS provider of accounts payable automation solutions that make it dramatically easier for organizations to manage the way they receive, approve, and process vendor invoices for payment. AvidXchange has over 30,000 total users adding 400,000 new transactions each month valued around $2 billion. |
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BestThinking - Cary, NC; www.bestthinking.com
Best Thinking is an open access Internet publisher and syndicator of high quality, collaborative content. BestThinking is ranked as a top 5 best site for publishers by Mashable.com. CEO and founder, Bob Butler, was most recently COO for LexisNexis, one of the world's largest online content providers with over 13,000 employees and 4 billion searchable documents.
LexisNexis acquired Butler's previous startup, Time Matters Software. |
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Blue Nano - Charlotte, NC; www.bluenanoinc.com
Blue Nano is an early stage company that has invented a cutting edge process making higher-quality nano materials using lower-cost equipment and less energy than competitors. Current nano material manufacturing is expensive and not commercially viable, but Blue Nano’s process can deliver large volumes of nano materials at a quarter of traditional manufacturing cost. Blue Nano strives to be the global market leader in advanced nano material manufacturing with emphasis on break-through technologies in batteries, solar power, and fuel cells. Blue Nano’s addressable market will exceed $15 billion annually by 2015. |
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BoxTone - Columbia, MD; www.boxtone.com
BoxTone delivers enterprise-grade systems management software and services purpose-built for mobility. The 45 employee company has raised $14 million to date and is trusted by more than 230 of the world's leading enterprises and government agencies, including 70 in the Global 2000, to manage, monitor and support their mobile smartphone platforms and applications including BlackBerry, iPhone, Windows Mobile, Palm Pre, Nokia and Google Android. |
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Braintech - Washington, DC; www.braintech.com
Braintech is a recognized leader in the field of intelligent machine vision and robot vision software. With a customer list that includes global powerhouses Ford, Toyota, General Motors, Johnson & Johnson and Battelle Memorial Institute, Braintech's software is being utilized every second in every day with mission critical installations on over 200 installations with over 125 different solutions around the world. Braintech also maintains partnerships with ABB, Microsoft, BAE, Carnegie Melon and the Robotic Technology Consortium of the US Department of Defense. |
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CallMiner - Fort Myers, Florida; www.callminer.com
CallMiner, which closed its Series C round in 2009, is a global leader in enterprise speech analytics market. The company's speech analytics automates the overwhelming process of extracting information from customer calls uncovering consistent and reliable information about customer demands, market trends, how well agents are meeting their service needs and much more. |
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Columbia Power Technologies - Charlottesville, VA; www.columbiapwr.com
Columbia Power is engaged in the development and commercialization of wave energy harvesting devices using novel, off-shore, direct-drive permanent-magnet generator topologies. The company was founded in 2005 by the principals of Greenlight Energy, who successfully developed a large pipeline of utility‐scale wind energy projects, prior to selling the company to BP Alternative Energy for over $100 million. The World Energy Council estimates that about 10% of worldwide energy demand could be met by harvesting ocean energy. |
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Computable Genomix - Memphis, TN; www.computablegenomix.com
Computable Genomix is an early stage firm that provides innovative bioinformatic tools that accelerate and enhance the discovery process. The company uses a patent pending text-mining technique called latent semantic indexing to rapidly interrogate the scientific literature to extract both explicit and implicit gene associations. It then ranks these genes with respect to any user defined keyword query, identifies gene neighbors and gene hubs and determines the overall functional cohesiveness of any group of genes. |
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Consensus Point - Nashville, TN; www.consensuspoint.com
Consensus Point is the leading provider of enterprise prediction markets serving corporations and government. The company’s singular technology platform enables customers to leverage prediction markets to uncover unique and valuable information - early warning indicators - to avoid surprises and reduce the risk of uncertainty. |
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Creative Allies - Asheville, NC; www.creativeallies.com
Creative Allies is a web-based crowdsourcing community that allows anyone to create content for companies, brands and even rock stars and get paid for it. With a single click, Musicians can license Creations for promotional or commercial use. The business was developed by Sean O'Connell, founder of Music Allies, which has worked with nearly every record label in the country and currently advises Ani Difranco, Time Life, Justin Timberlake, Jack Johnson and Bonnaroo. |
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CURRENT Group - Germantown, MD; www.currentgroup.com
CURRENT is a 160 employee late stage growth firm that provides electric utilities a Smart Grid solution that increases the efficiency and reliability of the electric grid while reducing the environmental impact of electric usage. CURRENT, one of Dow Jones Ten Most Innovative Clean Tech Companies, provides advanced sensing technology and enterprise analysis software integrated with various forms of low latency IP based communications to provide location-specific, real-time actionable data that is easily integrated into a utility’s existing IT infrastructure. CURRENT investors include EnerTech Capital, Google, Goldman, Sachs & Co., and Liberty Associated Partners among others. |
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CW Optics - Seaford, VA; www.cwoptics.com
CW Optics is a development stage biophotonic technology company specializing in R&D of optical devices and systems. When doctors and nurses insert intravenous (IV) catheters into blood vessels, there is a risk that the IV fluid will leak into the surrounding tissue. Consequences of this infiltration include pain, skin loss, nerve damage, possible amputation and potential death. The company's ivWatch is the only device that provides continuous, realtime monitoring of an IV site for infiltration addresses a $200 million market opportunity with single-use disposable. |
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Deposco - Alpharetta, GA; www.deposco.com
Founded in 2005, the 20+ employee company grew 650 percent year-over-year in
2008 selling its next-generation SaaS supply chain solutions to manufacturers, distributors, retailers and third party logistics providers.
UPS Strategic Enterprise Fund is one of Deposco's current investors. |
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Entogenetics - Charlotte, NC
Three times stronger than steel, two times tougher and ten times more elastic than Kevlar, spider silk is a natural marvel that has eluded exhaustive attempts by science and the military to develop a commercially viable option of production. EntoGenetics has developed a proprietary method to transfer the spider's silk production gene into the common silk worm, creating the means for large scale, inexpensive spider silk production and creating multiple new market opportunities based on applications of this remarkable natural fiber. The US ballistic fiber market is estimated at $1 billion annually. |
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Envisionier Medical Technologies - Woodstock, GA; www.envisionier.com
Envisionier Medical Technologies is a medical device company merging mobile endoscopic imaging and Healthcare IT markets to create a complete solution to the endoscopist’s need for information, a multi-billion dollar global market. The company has raised close to $4 million to date. |
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eTect - Gainesville, FL; www.etectbio.com
Up to half of the estimated $800 million average to develop a new drug can be spent in the clinical trial phase with the average cost per participant near $8000. eTect is an early stage biomedical firm that has developed an innovative solution to collecting vital clinical trial information sought by the pharmaceutical industry for many years - adherence. |
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Fishbowl - Alexandria, VA; www.fishbowl.com
Fishbowl is a leading provider of on-demand marketing software and services to the restaurant industry, supporting over 35,000 restaurant locations and over 44 million opt-in members. Fishbowl's easy-to-use solutions help restaurants of all sizes manage critical guest marketing services, including Email Marketing, Social Media, Guest Database Management, Analytics and Local Store Marketing. |
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GeneEx - Hialeah, FL; www.geneexinc.com
GeneEx is developing rapid, point-of-care diagnostic tests for infectious diseases. Unlike current diagnostic assays, GeneEx's tests can detect active infection by detecting pathogens in action as opposed to when they are just harmless colonizers. The company has raised over $6 million to date. |
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GetWellNetwork - Bethesda, MD; www.getwellnetwork.com
GetWellNetwork uses the bedside TV to entertain, educate and empower hospital patients and caregivers to be more actively engaged in their care. This patient-centered approach improves both satisfaction and outcomes for patients and hospitals. GetWellNetwork is the leader in interactive patient care solutions and exclusively endorsed by the American Hospital Association. |
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Halo Monitoring - Huntsville, AL; www.halomonitoring.com
Halo Monitoring is a developer of wireless health remote monitoring technology aimed at improving the quality of life for aging seniors and their caregivers in the rapidly growing multi-billion dollar at home health care market. Halo’s flagship product, myHalo, is an advanced personal health monitoring and alert system that automatically detects serious health problems without requiring user participation. |
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Heart Imaging Technologies - Durham, NC; www.heartit.com
Heart Imaging Technologies manufactures the world’s only medical image management system that allows physicians to view diagnostic-quality medical images in a bare bones web browser. The patented technology is currently used by approximately 5,000 physicians at 250 medical centers including several leading academic medical centers such as Johns Hopkins, Duke, Cornell, and Ohio State. |
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HitFix - Washington, DC; www.hitfix.com
Filling the gap between TMZ-like gossip and trade rags such as Variety, HitFix is an entertainment events and news destination targeting 18-34 year old fans. Launching in 2009 by two Internet veterans, the company has already grown to over 500,000 monthly unique visitors while attracting top entertainment advertisers including movie studios and TV networks. |
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iVideosongs - Atlanta, GA; www.ivideosongs.com
iVideosongs produces and distributes an online library of instructional videos featuring major artists teaching musicians around the world how to play their favorite songs - accurately and quickly. The early stage company has in place unique royalty agreements with artists and publishers, a growing video catalog in the hundreds and affiliate partnerships through Amazon and iTunes. |
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Kaulkin Information Systems - Rockville, MD; www.kistrack.com
Kaulkin Information Systems is an early stage technology and solution services company that offers affordable, Software‐as‐a‐Service (SaaS) and Cloud compliance, workflow and risk mitigation technologies. KIS is one of the first technology and solution providers to address specific international, federal, state and industry‐imposed regulatory compliance standards in the SaaS‐Cloud environment. The company has raised over $3 million to date. |
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LinkConnector - Cary, NC; www.linkconnector.com
LinkConnector's annual net revenues have grown at an average of 91% per year since 2006, as a growing player in the rapidly growing $2.1 billion affiliate marketing industry. Current clients include a number of the top 500 online retailers and brands such as Intuit, eHarmony, PeaPod and Getty Images to name a few. |
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Microcell - Raleigh, NC; www.microcellcorp.com
While capable of producing the world’s smallest fuel cell, Microcell’s focus is currently on the production of fuel cells for electric vehicle, distributed generation, and portable electronics applications. The company’s extrusion-based scalable process for cost-effective, large-scale production distinguishes it from other fuel cell technologies. The company has raised funds from Advanced Energy, Pepco Holdings and the NIST - Advanced Technology Program. |
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MiserWare - Blacksburg, Virginia; www.miserware.com
MiserWare, a Virginia Tech spin-out, is a green IT software company addressing the growing need for intelligent software power management in servers, PCs, and laptops. The company's patent-pending technology is able to significantly reduce energy consumption while controlling the impact on performance and productivity within a computer system. |
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NextGenEn - Columbia, SC; www.nextgenen.com
NextGenEn, an early stage "cleantech" startup, is developing a solid oxide fuel cell ("SOFC") based "green" universal portable power platform system that can be fully integrated into a wide range of electronics devices, a
$19.1 billion market. |
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Oncoscope - Durham, NC; www.oncoscope.com
Oncoscope develops diagnostic systems that use proprietary optical technologies to locate abnormal cells in epithelial tissues, where 85% of all cancers begin. Approximately $24 B is spent annually in the U.S. to detect cancerous epithelial tissue including the cost of endoscopy and biopsy specimen analysis. Early funding for the company came from SBIR and NIH grants and a $2.0 M Series A financing in 2008. |
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Oversight Systems - Atlanta, GA; www.oversightsystems.com
Oversight Systems ranks seventh on Forbes' 2009 List of “America’s Most Promising Companies”. Founded in 2003 with over 70 employees, Oversight Systems offers continuous transaction monitoring solutions for Fortune 500 companies. The company's software inspects each step of a company's financial transactions -- spotting errors, controlling violations and fraud while reducing costs and increasing compliance. |
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Overture Technologies - Bethesda, MD; www.overturecorp.com
Overture Technologies is the leading provider of decisioning software solutions that enable transparent, accurate and responsive lending processes. The principals of Overture possess decades of experience from leading lending and mortgage financial services and technology firms including Fannie Mae, Freddie Mac, Goldman Sachs, Sallie Mae, Lending Tree, IBM and KPMG. |
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Parabon NanoLabs, Inc. - Reston, VA;
www.parabon-nanolabs.com
Parabon NanoLabs designs and develops a new class of therapeutics and other products made possible by proprietary technology for precisely directing the self-assembly of designer macromolecules that are functionalized with molecular subcomponents (e.g., enzymes, metals or pharmaceuticals). Parabon NanoLabs is currently designing macromolecules for use in the areas of cancer therapeutics, nano-scale sensors for bioweapons defense, and nanoarrays for rapid readouts of DNA. |
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Park Media - Memphis, TN; www.parkmedia.tv
Park Media provides the only Extensible Enterprise Software Platform for operators of Digital Out-of-Home (DOOH) Networks. The DOOH industry was $2.5 billion in 2009 and is projected to be $3.7 billion by 2013 with 44% of all US media Out-of-Home spending. |
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Patient Point - Orlando, FL; www.patientpointkiosk.com
Patient Point aims to bring down the spiraling costs of health care by empowering patients and physicians with relevant information and actionable measures at the point of care while providing value added services to health care partners. CEO, Don Shaver, was the former CEO of AFM, an $800 million developer of proprietary data management software that continues to be the industry standard. |
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Resonate Networks - Reston, VA; www.resonatenetworks.com
Resonate offers advertisers an entirely new approach to targeted audience delivery – Attitudinal Targeting – based on attitudes, values and beliefs. Resonate officially launched in May 2009 and has closed a Series A raise from strategic investors from the Public Affairs & Political space, including such notable figures as Ken Mehlman and Harold Ickes among others. The company closed 2009 with $5 million in revenue. |
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RIVALHealth - Raleigh, NC; www.rivalhealth.com
RIVALHealth is an early stage company focused on creating healthy lifestyles through subscription based online programs promoting natural weight loss through exercise and sensible nutrition. The company's state of the art web platform and structure is designed to provide custom fitness and nutrition programs to individuals based on a wide variety of input criteria and goals. |
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SciVera - Charlottesville, VA; www.scivera.com
SciVera has developed the industry's first automated capability for businesses to evaluate and manage the health and environmental risks of the chemicals in their products, thus addressing new regulatory mandates, consumer demands, and governance concerns. SciVera delivers these chemical assessment tools to manufacturers, their business customers and suppliers through a software-as-a-service model. |
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Semprius - Durham, NC; www.semprius.com
Semprius designs, manufactures and markets efficient photovoltaics (PV) arrays that provide the lowest cost solar energy in places having good solar resource. The company founded by Harvard and University of Illinois professors in 2005 has raised over $11 million to date from investors including Applied Ventures Venture Partners, IllinoisVENTURES, In-Q-Tel and Intersouth Partners. |
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Sestar Technologies - Gainesville, FL
Sestar Technologies, an early stage company based on technology licensed from the University of Florida, is developing polymer photovoltaic materials to be used in three markets: SolarTurf, a synthetic grass product laced with PV cells that turns a high-maintenance yard into a beautiful, care-free lawn capable of generating eco-friendly electricity; SolarFabrics, for use in military tents, camouflage and other fabric applications; and SolarRec Equipment, in which camping gear incorporates the same solar capabilities.
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Sharklet Technologies - Alachua, FL; www.sharklet.com
Inspired by the microbe resistant properties of shark skin, Sharklet, the company's core technology, is the first no-kill, non-toxic surface developed to control bacteria. There are endless applications for Sharklet technology including those for healthcare, restaurants, hotels, daycare facilities and many other public areas that are frequently touched and contaminated by germs. The company's Series A round was led by Austin, Texas-based Limestone Ventures. |
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SIGNiX - Chattanooga, TN; www.signix.com
SIGNiX, a 2008 spin off from multi-billion dollar tech giant SunGard, address the broad range of business needs associated with adding a legally binding signature to a transaction. Several million dollars were invested in the company's e-signature solution, including a $3 million institutional round since its spin out. |
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Skoodat - Chattanooga, TN; www.skoodat.com
Education is falling behind in a number of areas and is firmly stuck in the world of client-server architecture. Skoodat, founded in 2008, hopes to change this trend by building compelling applications not possible in the current environment and doing so using cloud computing platforms and services. |
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smartRealm - Leesburg, VA; www.smartrealm.com
SmartRealm, founded by former MapQuest co-founder and CEO Barry Glick, extracts critical targeted information from social media and web content, fuses that information with enterprise data, and delivers real-time tailored insights that enable organizations to take decisive and effective actions.
Glick's MapQuest went public in 1999 and was purchased by AOL for a value of
$1.1 billion in 2000. Most recently Glick was VP at NAVTEQ, which was acquired by Nokia for $7 billion in 2008. |
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SoloHealth - Duluth, GA; www.solo-health.com
SoloHealth, a spinout from CIBA Vision, the eye care unit of Novartis, has developed automated self-service vision testing kiosks designed for use in malls and other public places. EyeSite will encourage better vision health and education - and in turn, refer greater numbers of prospective patients to eye care practices. The company is attempting to capitalize on the $25 billion US vision care market and the growing consumer preference for self-directed health care services. |
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Spotlight Ticket Management - Falls Church, VA; www.spotlighttms.com
Spotlight is a profitable software-as-a-service provider specializing in the management, tracking, and procurement of tickets as well as the execution of events exclusively for the corporate market, an estimated $5 billion opportunity. Spotlight's client roster includes Microsoft, Viacom, JP Morgan, AT&T Oracle, Motorola, Nike and MetLife among many others. |
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Synapse Wireless - Huntsville, AL;
www.synapse-wireless.com
Synapse Wireless, winner of Frost & Sullivan's 2009 North American Emerging Company of the Year award, provides wireless communication technology for the control and monitoring of physical devices interfaced to the digital world. Synapse technology helps organizations to monitor and control real world situations, such as the energy infrastructure, homeland security systems, commercial irrigation systems, wastewater management, seismic monitoring, HVAC, Advanced Metering Infrastructure (AMI), medical drug carts, among many others. |
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Twiigg - Reston, VA; www.twiigg.com
Twiigg is an early stage stealth mode company that helps organizations and consumers securely manage, search and share their distributed content across sites. The company's innovative secure content management technology enables enhanced security, manageability, and mobility without disrupting the user's experience. |
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Vocalocity - Atlanta, GA; www.vocalocity.com
Vocalocity, founded in 2003, is a provider of Voice over Internet Protocol
(VoIP) communication services for small businesses, with a hosted PBX solution that provides them with the quality and reliability of traditional PBX phone system, with more features, flexibility and cost savings. The company closed its $4.1 million Series B round investment in 2009 with investment from TechOperators, Noro-Moseley Partners, Pittco Capital Partners and Imlay Partners. |
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Voices Heard Media - Knoxville, TN; www.voicesheardmedia.net
Through mobile apps, the web, email and text messaging, Voices Heard Media’
s software allows viewers to engage in-the-moment with the talent and topics they find most interesting. In return, media companies and advertisers capture the attention of consumers as well as valuable information to improve their brands, programming and products.
Media giants like Disney, Gannett, ESPN, Scripps, ABC and the NBA use Voices Heard Media applications to engage their viewers to actively participate in live and recorded programming. |
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Weather Decision Technologies - Atlanta, GA; www.wdtinc.com
WDT is a 65 employee company that provides interactive geo-mapped/location-based weather content solutions (web and mobile) to national/local media companies and directly to consumers in either white labeled or through its iMap branded products. iMap modules are now embedded in over 400 local television and media websites in most DMAs reaching over
82 percent of U.S. television households and we serve between 30 and 60 million map views/month.
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YadaHome - Washington, DC; www.yadahome.com
Launched in 2008, YadaHome offers online and mobile productivity tools targeted to couples and families across multiple mobile platforms. The YadaHome platform enables users to effectively share household information, coordinate activities and network with family members. |
To see some of the previous presenting companies from SEVC click here.
Stay tuned for additional company announcements in the coming weeks! |