Portfolio
Affinergy
affinergy.com
Affinergy develops site-specific biological delivery systems using biofriendly binders that can selectively adhere to proteins, cells and other biomaterial surfaces. Affinergy's multifunctional delivery systems offer unprecedented opportunities to target therapeutic delivery, functionalize medical devices, and enable a variety of diagnostic and biosensor applications. Affinergy is a Duke University spin-out company being incubated by BD (Becton, Dickinson and Company) and is headquartered in Research Triangle Park, NC. IDEA Fund Partners was the largest investor in the company’s Series A financing.
Brand Informatics
brandinformatics.com
Brand Informatics delivers a new generation of intelligence that enables companies to benchmark and advance Emotional Connection with their customers. Emotional Connection is the key driver of customer loyalty and pricing power. Fortune 500 and Middle Market firms leverage our intelligence to move their customers to deeper, more profitable relationships. IDEA Fund Partners participated with Sachs Capital and several individual investors in the company's most recent financing in 2009.
BrightDoor Systems
brightdoor.com
Founded in 2005, in Cary, North Carolina, with close proximity to Raleigh and Research Triangle Park, BrightDoor has created, specifically for the real estate industry, a fully integrated digital sales and marketing platform. This suite of presentation and customer relationship management capabilities can improve sales, manage information exchange, acquire customer intelligence, and fully personalize customer communications. IDEA Fund Partners served as a co-lead investor for the company’s Series A round with WWC Capital Group.
HexaTech
hexatechinc.com
Headquartered in Raleigh, NC, HexaTech, Inc. develops single crystalline aluminum nitride (AIN) substrates. The proprietary growth process employed by HexaTech enables fabrication of high quality AIN substrates, which provide an attractive growth platform for advanced electronic and optoelectronic semiconductor devices. HexaTech was created with technology developed in the Department of Materials Science at North Carolina State University. Durham-based Intersouth Partners led the $8.9 million Series A round, with H.I.G. Ventures, Sevin Rosen Funds and IDEA Fund Partners participating.
iContact
icontact.com
With more than 45,000 customers, iContact is the first on-demand application in the world to allow businesses to manage all their online communications in one central platform. iContact allows for easy creation of email newsletters, blogs, RSS feeds, surveys, and autoresponders. Market leaders like Bank of America, Ford, Intuit, Vonage, Symantec, International Paper, LG Electronics, ReMax, United Colors of Benetton, and Centex Homes, use iContact to build stronger relationships with their customers and prospects at a fraction of the cost of traditional marketing methods. iContact, designed for the SMB market and iContact Enterprise, designed for mid-sized to large organizations, are both available at www.icontact.com.
InnerPulse
inner-pulse.com
Founded in 2003, InnerPulse is a privately held, early-stage company pioneering an alternative to traditional electrophysiological devices. InnerPulse is pioneering a promising new technology that has the capacity to change how patients with cardiac rhythm disorders are treated. The Company’s products employ an innovative technology to simplify the implant utilizing a minimally invasive approach that shortens the procedure, reduces post implant discomforts, and renders the device invisible. The minimally invasive nature of the technology will expand the number of implanting physicians, thereby providing access to more patients who critically need defibrillator technology. The syndicate of investors includes Johnson & Johnson Development Corporation, Medtronic, Inc., Synergy Life Science Partners, Ascent Biomedical Ventures, Delphi Ventures and Frazier Heathcare Ventures.
Intervolve
intervolve.com
Intervolve is a pioneering force in the development of on demand software, turning mountains of inaccessible data into accurate, actionable information. Intervolve’s innovative software is the first to combine both web and mobile applications to automate the collection, analysis, and dissemination of sales & distribution information for the Direct Store Delivery market across all levels of an organization. Intervolve is headquartered in Raleigh, North Carolina with a Regional Office in Atlanta, Georgia.
Oncoscope
oncoscope.com
Oncoscope, Inc. develops proprietary optical imaging systems for guided biopsy in epithelial tissues in the esophagus, colon, lung, cervix, and bladder, where 85% of all cancers start. These systems are non-invasive and are used during conventional endoscopic examinations. They provide an immediate measurement of the diameter and density of cell nuclei, an indicator of potentially cancerous growth. This information enables the physician to target suspect areas of tissue for conventional physical biopsy, reducing the cost, time, and uncertainty associated with existing random biopsy techniques.
RadarFind
radarfind.com
RadarFind is a healthcare technology company focused on improving patient care and hospital profitability. We provide an indoor positioning system that tracks medical equipment and patients. Our innovative 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 is located in Research Triangle Park, NC and was acquired by TeleTracking in 2009.
Social Solutions
Social Solutions is the leading provider of performance management software and services for human services organizations. Founded in 2000 by human services professionals, our ETO (Efforts to Outcomes) software and services give organizations a clear picture of which efforts are having the greatest impact on the social issues they strive to address.
With this knowledge, organizations can reinforce what's working, adjust what isn't, and more easily report quantified successes to key stakeholders.
StrikeIron
strikeiron.com
StrikeIron is the worldwide leader in Web services commercialization with its breakthrough StrikeIron Web Services Business Network™ (WSBizNet™) that greatly simplifies the selling and buying of Web services for a broad audience of providers and users , while simultaneously supporting commercial Web services integration by ISVs and Solution Providers. Located in Durham, StrikeIron recently closed on $2 million of Series B funding, with IDEA Fund Partners participating with the Aurora Funds in the round.
Triumfant
triumfant.com
Triumfant offers the industry’s only Automated Resolution Management solution for IT support and service. Its flagship product, Triumfant Resolution Manager, is the first to automate the entire life cycle of IT problem management, from identification to resolution – including resolution of previously unknown computing issues. Triumfant was founded as Chorus Systems in 2002. Chorus raised an initial Series A funding round in June 2004 from MCNC Ventures and the Tri-State Investment Group IV, then raised additional funds over two rounds in March and April 2006 from Novak Biddle Venture Partners, Core Capital Partners, Anthem Capital Management and Inflection Point Ventures. The company then changed its name to Triumfant and moved its headquarters to Rockville, Maryland, where its sales, marketing and finance teams are based.
Unitive
unitive.com
Is the leading provider of wafer-level packaging solutions that make semiconductors smaller, faster and lighter. The company’s manufacturing facilities are located in North Carolina and Taiwan. Unitive partners with its customers to meet their product and global manufacturing needs through innovative deployment of its technologies, resulting in faster time to market and lower costs. Unitive’s services include multilevel passivation and thin film wiring, solder bumping and chip scale packaging. The company’s strategic investors include leading financial and industry pioneers such as Onex, Celestica, Flextronics, Fairchild Semiconductor and Conexant Systems. Unitive was sold to Amkor Technology, Inc. in 2004 (read the release).
Ziptronix
ziptronix.com
Founded in October 2000, Ziptronix is a privately-held company spun out from the Research Triangle Institute to commercialize 10 years of research and development leading to the fabrication of three-dimensional integrated circuits. Its proven technology is being applied to development projects for major semiconductor manufacturers. Ziptronix provides a complete in-house prototyping fabrication for wafer bonding, wafer-scale encapsulation and the production of 3-D integrated circuits. Ziptronix is the first company to provide the semiconductor industry with a revolutionary adaptation of standard industry processes, which enables MEMS assembly, packaging and testing to be cost effectively integrated into volume production at the foundry. Ziptronix corporate headquarters are located in Research Triangle Park, NC. IDEA Fund Partners was part of an investment syndicate that included Intersouth Partners, Grotech Capital Group, Alliance Technology Ventures, iSherpa Capital, Xilinx Corporation and Research Triangle Ventures.
