Posts

Codero Hosting Receives $8 Million in Financing from Silicon Valley Bank and Farnam Street Financial


Austin, TX (PRWEB) January 28, 2014

Codero Hosting (http://www.codero.com), a leading provider of dedicated, managed, cloud and hybrid hosting services, today announced that it received $ 8 million in financing from Silicon Valley Bank (SVB) and Farnam Street Financial. The capital financing enables Codero to deploy new data centers across the U.S. and Europe and expand its hosting portfolio to serve more customers and multiple data center locations.

“We have outpaced our industry’s growth, expanding faster than other hosting and cloud providers due to our commitment to providing customers with unparalleled performance, expertise, support and value,” said Emil Sayegh, president and CEO of Codero Hosting. “The support of SVB and Farnam Street Financial helps us accelerate our growth and capitalize on our market success.”

“Helping innovators like Codero succeed is what we aim to do every day,” said Travis Wood, managing director for Silicon Valley Bank in Austin. “With the flexibility provided by this financing, the Codero team is on a path to meet its ambitious global expansion goals.”

“Fast-growing companies like Codero need long-term relationships that deliver creative solutions,” said Dale Olsen, SVP of sales, Farnam Street Financial. “We feel that Farnam is uniquely positioned to help Codero maintain its high level of service while accelerating its revenue growth.”

In October, Codero announced the industry’s only true on-demand hybrid cloud hosting service. The new offering – which combines the company’s best-of-breed cloud, networking and dedicated hosting technologies – provides the flexibility and strength of public cloud with the robustness and security of traditional IT infrastructure. Codero’s On-Demand Hybrid Cloud™ has attracted new customers, as Codero is the only hosting and cloud provider to offer the service, and it’s been well received by businesses looking to optimize their application performance.

About Codero Hosting

Codero Hosting delivers world-class dedicated, managed, cloud and hybrid hosting solutions on-demand for businesses of all sizes on a global basis. Codero integrates innovative industry-leading IT hosting solutions that are fully automated with all customer service delivered by a seasoned and highly technical US-based team. This allows companies to confidently outsource their IT hosting needs while empowering them with complete control over their IT environment. Codero offers hosting from its Phoenix, Arizona and Ashburn, Virginia data centers. All Codero services and products are backed by SAS 70 Type II secure data centers, live U.S.-based 24/7/365 support and a seasoned staff. An industry innovator, Codero has the only customer loyalty Rewards Program of any of the major industry players, as well as attractive, and rewarding affiliate, channel, and reseller programs. Codero is majority-owned by NYC-based growth equity firm Catalyst Investors. For more information about Codero, please visit Codero.com or connect with Codero on Twitter and Facebook.

About Silicon Valley Bank

Silicon Valley Bank (http://www.svb.com) is the premier bank for technology, life science, cleantech, venture capital, private equity and premium wine businesses. SVB provides industry knowledge and connections, financing, treasury management, corporate investment and international banking services to its clients worldwide through 27 U.S. offices and six international operations.

Silicon Valley Bank is the California bank subsidiary and the commercial banking operation of SVB Financial Group. Banking services are provided by Silicon Valley Bank, a member of the FDIC and the Federal Reserve System. SVB Financial Group is also a member of the Federal Reserve System.

About Farnam Street Financial

Farnam Street Financial, Inc. (http://www.farnamstreet.net) is an independent, privately-held leasing company focused on building long-term relationships with entrepreneurs and executives across the entire size and growth spectrum from growing, earlier stage businesses to established, global enterprises with diverse equipment needs. Following the global reach of our portfolio of US based customers, we have leased equipment that is installed across the globe.







Related Venture Capital Press Releases

Hitachi Receives Batch Order for 49 Elevators and Escalators on "Duo …

Hitachi Receives Batch Order for 49 Elevators and Escalators on "Duo
Tokyo, Mar 26, 2014 – (JCN Newswire) – Hitachi, Ltd. (TSE:6501, "Hitachi") and Hitachi Elevator Asia Pte. Ltd., the supervising company for Hitachi's elevator business in Southeast Asia, India, and the Middle East, have been awarded a batch order for …
Read more on SYS-CON Media (press release)

Infotech Enterprises To Change Name As Cyient
HYDERABAD, India, March 27, 2014 /PRNewswire/ — Infotech Enterprises Limited (NSE: INFOTECENT) today announced that its board of directors has approved a resolution to change the company's name to Cyient Limited. The resolution is now being proposed …
Read more on SYS-CON Media (press release)

CardioWise Receives Supplemental Grant from the National Science Foundation


(PRWEB) June 27, 2013

CardioWise, Inc. has received a National Science Foundation (NSF) Phase IB Small Business Innovation Research grant of $ 30,000 to continue the development and commercialization of a non-invasive analysis method for detection of heart disease. This award follows and builds on the successful achievement of milestones in a Phase I grant of $ 150,000 received by the company in January.

The Phase IB award is a supplement that can be granted if the recipient has demonstrated to the NSF that it has made good progress with the Phase I study, and was able to attract private investment in the firm. CardioWise closed funding from individual angel investors, as well as the VIC Growth Fund, an Arkansas investment fund established for the sole purpose of investing in early stage, high-growth potential technology companies.

Under the direction of Geoffrey Dalbow, Principle Investigator and Chief Technology Officer of CardioWise, the team will further refine Multiparametric Strain (MPS™), its patent-pending, non-invasive Cardiac Magnetic Resonance Imaging analysis software.

“Geoffrey’s extensive experience in this area and his connections to industry leaders have supported our efforts to commercialize this promising new platform,” said Jack Coats, CEO of CardioWise. “We are excited about the future of CardioWise and its potential to positively impact cardiac health.”

The MPS™ software currently under development by CardioWise is uniquely capable of analyzing the movement of the heart captured by cardiac MRI images. The parts of the heart with damage have abnormal movement patterns and the post-MRI analysis clearly shows where and to what degree the muscle has been damaged. Unlike many other diagnostic tests, MRI with the CardioWise analysis poses no risk to the patient, and subsequent tests can be accurately compared to previous tests to see how treatment is working.

NSF Phase I project completion will make CardioWise eligible to compete for a Phase II project and award of up to $ 750,000.

CardioWise™ is commercializing patent-pending, non-invasive Cardiac Magnetic Resonance Imaging (cMRI) analysis software that produces a quantified 3D image model of the human heart, called Multiparametric Strain (MPS™) heart analysis. CardioWise heart analysis software combined with cardiac MRI is a single diagnostic test that is able to provide quantitative analysis of the myocardium, arteries and valves with an unprecedented level of detail. It has the opportunity to become the new gold standard of care for heart health analysis. CardioWise™ is a VIC Technology Venture Development™ portfolio company.







CoinJar Receives Australia's First Major Bitcoin Investment


Melbourne, VIC (PRWEB) December 02, 2013

CoinJar, a consumer Bitcoin exchange and digital wallet provider, has secured a round of equity investment from several prominent Australian technology investors.

Leading the investment is Niki Scevak of Blackbird Ventures. Other investors include entrepreneur Torsten Hoffman; RetailMeNot founders, Guy King and Bevan Clark; game developer Rob Murray; and serial technology investor Chris Hitchen. The combined investment is reportedly in the region of $ 500,000 AUD.

“Bitcoin is a game-changer, but the process of buying, selling and using Bitcoin is still relatively hard. CoinJar changes that by making Bitcoin more accessible and, eventually much more useful. Their approach of offering a secure consumer wallet and merchant payment capability for bitcoin in addition to a liquid exchange is what makes them interesting; as consumer and business adoption of Bitcoin becomes more mainstream, CoinJar is well-placed to be a significant participant,” said investor, Chris Hitchen. “The team, product and vision are all strong and I’m excited to be involved.”

The Melbourne based startup co-founded by Asher Tan and Ryan Zhou operates a platform where users can buy, sell and transact in bitcoin. It also provides merchant services for those looking to accept bitcoin as a medium of payment.

Bitcoin companies have gained strong interest from venture capital firms around the world as interest in the cryptocurrency, along with its price, has risen to new heights. China and Singapore are among the countries which have recently seen a wave of Bitcoin related investment deals.

“Bitcoin is moving past a purely speculative play. It is only a matter of time until business and consumers take full advantage of Bitcoin as a solution to digital payments,” said Asher Tan, co-founder and CEO of CoinJar. The company has already seen partnerships with a wide-range of goods and services providers including Australian utility vehicle producer Tomcar and crowd funding website, Pozible.

With over 10,000 Australian users, the company is looking to expand globally. CoinJar is a graduate of Australian startup incubator, AngelCube.

About CoinJar

CoinJar, headquartered in Melbourne, Australia, is a consumer-oriented bitcoin wallet and exchange. The website is available at (https://www.coinjar.com). CoinJar for iPhone is available free on the Apple App Store at (http://bit.ly/1atsp7t).







Logility Customer American Italian Pasta Company Receives 2012 Manufacturing …

Logility Customer American Italian Pasta Company Receives 2012 Manufacturing
American Italian Pasta Company's winning project in the Operational Excellence category highlights the company's success in implementing a Sales and Operations Planning (S&OP) process to improve its ability to forecast demand, increase production …
Read more on MarketWatch (press release)

American Software's Board Approves the Quarterly Cash Dividend
Logility Voyager Solutions(TM) is a comprehensive suite, which includes supply chain visibility; demand, inventory and replenishment planning; Sales and Operations Planning (S&OP); inventory and supply optimization; manufacturing planning and …
Read more on MarketWatch (press release)

Blogger Generator Receives Highest Rating

Phoenix, AZ (PRWEB) April 22, 2006

Review Place recently granted a five-star rating to Blogger Generator, a computer program that automates the creation of blogs with Blogger, enabling users to produce blogs in mass quantities and thereby capitalize on AdSense profits.

Blogger Generator helps customers earn a worthy income from AdSense without it claiming all of their time, said Joseph Tierney, a spokesperson for Blogger Generator. We’re so pleased that Review Place has chosen to recognize the benefits our software with their top rating.

Blogger Generator allows users to capitalize on AdSense revenue in a major way. Whereas it takes a huge time commitment to manually creating the number of blogs needed to optimize AdSense earnings, Blogger Generator automates the process, rapidly creating blogs and instantly adding additional income. Blogger Generator allows users to create custom templates for blogs that look like authentic websites – and don’t have the Blogger banner across the top. The software also includes 44 unique templates that can be randomly selected for each blog. Blogger Generator sets blogs up as private blogs that cannot be accessed from the Blogger site, while adding code to the template to ensure that the blogs and their individual pages are rapidly indexed by the search engines. The software also automatically chooses a domain and locates copyright-free, search engine optimized content for each blog based on relevant keyword lists. Blogger Generator takes care of the creation of each blog from beginning to end, optimizing the user’s AdSense income with only a minimum amount of work.

Blogger Generator is a necessary tool for anyone looking to earn a decent amount of money via internet ad revenue, said Andy West, the Press Relations representative for Review Place. With all of the custom, time-saving features the software offers, it’s no wonder our reviewers gave Blogger Generator a five-star rating.

One of the leading consumer-driven online communities, Review Place provides reviews on thousands of products and services. Review Place categories include home based businesses, employment services, relationship advice and many more. The site is dedicated to saving you time and money by providing quality information on the issues that impact your life. To see the complete list of categories, visit http://www.ReviewPlace.com.

To find out more about Blogger Generator and other related services, including descriptions, testimonials, and product reviews, please visit Review Place’s Blog SEO & Tools category at: http://www.reviewplace.com/cat-384-InternetBusinessTools–Blog-SEO.html.

About Review Place

One of the largest consumer-driven communities on the Web, Review Place publishes reviews on thousands of products and services. From weight loss programs to financial services to online dating sites, Review Place has the information you need! The goal is simple: to save you time and money by providing quality information on the products and services you seek. For more information, visit http://www.ReviewPlace.com.

# # #



Fort Myers Regional Partnership Receives Excellence in Economic Development Award from the International Economic Development Council


Fort Myers, Florida (PRWEB) November 11, 2011

The Fort Myers Regional Partnership received an Excellence in Economic Development Award from the International Economic Development Council for the Together for Business Integrated Marketing Campaign in the category of Paid Ad Campaign for communities with populations of more than 500,000.

The honor was presented at an awards ceremony in September during the IEDC Annual Conference in Charlotte, North Carolina.

“We recognize the Fort Myers Regional Partnership for providing successful strategies to promote new standards in economic development in this period of global recovery, said Dennis Coleman, IEDC chair. Our awards honor organizations and individuals for their efforts in creating positive change in communities. They are showing that they are at the forefront of the economic development profession and are using innovative and effective practices that can be replicated in other communities.”

The Excellence in Economic Awards Program annually recognizes the worlds best economic development programs and partnerships, marketing materials, and the years most influential leaders. The program honors organizations and individuals in 28 categories for their efforts in creating positive change in urban, suburban, and rural communities.

The mission of the integrated marketing campaign launched by the Fort Myers Regional Partnership was to leverage existing relationships within the community and the region to identify potential business candidates for expansion or location to Lee County. To accomplish this, the Fort Myers Regional Partnership implemented an aggressive and integrated fusion of both traditional and new-age marketing approaches for economic development.

Together for business has become our rallying cry throughout all elements of the campaign and was strategically implemented in advertising, marketing and promotional messages to engage all business leaders, residents, and industry partners, stated Jennifer Berg, marketing and communications director of the Fort Myers Regional Partnership.

Through the support and benefits of the public-private partnership with The Horizon Council to provide strategic direction, active involvement, and financial support of these integrated marketing efforts, the Partnership has effectively saturated the market with this message, thus increasing its effectiveness.

We are well underway to take our integrated marketing and communications plan to the next level in 2012 with creative and dynamic strategies from website presence, advertising, social media, and public relations to partnerships and online exposure reaching targeted audiences in and out of the market to make Lee County more vibrant and a better place for all of us, continued Berg.

The Fort Myers Regional Partnership, Lee Countys Economic Development Office, is driven by its long-term, forward-thinking mission to expand and diversify the local economy.

About the International Economic Development Council

The International Economic Development Council (IEDC) is the premier membership organization dedicated to helping economic development professionals create high-quality jobs, develop vibrant communities and improve the quality of life in their regions. Serving more than 4,500 members, IEDC represents the largest network of economic development professionals in the world. IEDC provides a diverse range of services, including conferences, certification, professional development, publications, research, advisory services and legislative tracking.

About Fort Myers Regional Partnership

The Fort Myers Regional Partnership works to attract new and diversified businesses resulting in high-wage, high-skilled jobs; retains and encourages the expansion of existing businesses and improves the overall business environment. Lee County is a thriving business community with a highly regarded airport, significant corporate development and ample real estate opportunities. The area is attracting, retaining and growing high-value businesses with a unique blend of an outstanding business climate and superior quality of life. The county is home to five vibrant cities–Fort Myers, Bonita Springs, Cape Coral, Fort Myers Beach, and Sanibel–and is the heart of Southwest Florida.

The Partnership continues to promote and build the region through ongoing efforts from its proactive team of domestic and international recruiters, research staff and community liaisons, as well as through its partnerships with the Horizon Foundation, the Horizon Council and the Lee County Industrial Development Authority.

Since 1996, 5,546 new jobs and $ 1,065,570,586 in economic impact have been committed to as a direct result of key local incentive programs; Lee County Job Opportunity Program and the First Incentives for Recruiting Strategic Targets as well as State of Florida incentives and the State Closing Fund.

In addition to the core website, http://www.FortMyersRegionalPartnership.com, Fort Myers Regional Partnership can also be found on these popular social networking sites:

Editors Notes:

Unique story angles, resources and trend data are available in the online Media Center at http://www.FortMyersRegionalPartnership.com/AboutUs/MediaCenter

For executive interviews, success stories and additional media relations services, please contact Jennifer Berg, Fort Myers Regional Partnership, via phone at 239.338.3161 or email at JBerg(at)leegov(dot)com.

###