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.
Arsenal Digital Solutions
arsenaldigital.com
Arsenal Digital Solutions, a leading Storage Management Services provider, is focused on helping large enterprises solve their data protection and business continuity needs. Leveraging its proven services architecture and storage expertise, Arsenal delivers a comprehensive and flexible suite of storage management services to more than 700 customers at leading internet Data Centers across the world. Headquartered in Cary, NC, and founded in August 1998, Arsenal is a privately-held, venture-backed company.
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.
Broadwick
broadwick.com
Broadwick Corporation is a leading provider of web-based software that improves the efficiency of marketing communication for businesses and organizations. Its flagship product IntelliContact is a permission-based email marketing service that allows businesses to easily create, send, and track permission-based email newsletters and surveys. Based in Durham, North Carolina, Broadwick is a growing company backed by experienced leadership, top tier products, and a great team. IDEA Fund Partners provided the company with its initial financing in 2006.
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.
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.
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.
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).
Visitar
visitar.com
Visitar provides innovative customer relationship management (CRM) and sales force automation (SFA) solutions that link rich telephony capabilities with business applications to improve efficiency and enhance customer and employee experience. Delivered as a service, the solutions are affordable for small and mid-sized businesses and do not introduce any IT management burden. Visitar’s “360° Care viaVisitar” solutions eliminate complexity by supporting any web browser and telephone system and also simplify ongoing system management through a business-friendly, rules-driven configuration capability.
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.