$4.2 billion raised by companies scaling in North Carolina. Research Triangle Park, NC. March 1, 2023 — The Council for Entrepreneurial Development (CED) released its annual Venture Report of equity funding for calendar year 2022. Each year since 2000, CED has tracked the investments in North Carolina-headquartered, high-growth companies. In 2022, a total of 246 companies (25 more […]
Category: Partners
The Importance of Community for Startups: Lessons from Phil Dixon
CED had an opportunity to sit down with Cirrus Insight’s current CEO Phil Dixon on critical lessons learned as a serial entrepreneur. Cirrus Insight is a growth-focused startup that equips Sales Teams with Salesforce automation and Sales Acceleration tools. Cirrus Insight experienced significant growth in 2020 when it merged with ZynBit, a competing startup founded […]
How to Go from No Paycheck for Three Years to a 200 Million Dollar Exit
Read more on the Hutchison PLLC blog about how Jurassic Capital Founder, Joe Colopy risked it all to found his own company. This incredible story highlights the payoffs that can be made by taking big risks. While these risks were calculated on Joe’s part, there are many mistakes (we like to call them lessons) that […]
HR Metrics that Matter
written by ExtensisHR Over the past several years, data-driven human resources (HR) has become essential to maximizing a company’s HR function and uncovering valuable information about an organization and its workforce. This growing trend has led to a greater focus on and awareness of HR analytics, and the benefits a data-driven approach can have on […]
What’s in a Name?
written by Emily Haas, Senior Counsel, Michael Best & Friedrich LLP A famous playwright asked, “What’s in a name?” When it comes to names for small businesses, the answer is, “Quite a lot!” Choosing the right name can make all the difference for a new business. A business’ unique name – and the reputation that the […]
Here’s an Alternative Form of Funding for Startups to Complement Traditional Equity
Growing companies have multiple funding options to help drive their growth. But beyond venture capital, private equity, and general debt, there is one valuable potential source of cash that many are overlooking. When a company needs to invest in new technology or equipment, its cash flow is tight, or it simply wants to save time […]