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Tech Cocktail Durham

Steve Case-backed Automated Insights Raises $5.5M Series B, Lands Deal with Associated Press

automated-insights

Automated Insights, a platform that translates Big Data content into plain English, announced yesterday that it had raised a $5.5 million Series B round of financing, as well as landed a deal with The Associated Press. This round of funding was led by Osage Venture Partners. Other participants in this round include Samsung Venture Investment Corporation,… Read more »


First Code School Launches in Durham, Securing the City’s Rise as a Southeastern Tech Leader

ironyard_smashingboxes

Coding school and startup accelerator The Iron Yard today announced a partnership with Durham-based development firm Smashing Boxes to launch an immersive code school that will meet the Triangle region’s growing demand for a skilled technology workforce. Dubbed The Iron Yard Academy, the code school will be the first of its kind in Durham, NC, and the second in the greater Triangle region…. Read more »


American Underground Acquires ExitEvent to Further the Ascent of the Triangle’s Startup Community

americanunderground_exitevent

This week American Underground, the Durham-based startup hub, acquired ExitEvent, the information-sharing network of the region, to help fuel the growth of the RTP’s thriving tech ecosystem. In fact, rapid growth pretty much made the decision for ExitEvent to join forces with American Underground. ExitEvent founder Joe Procopio stated in a blog post: “I invited… Read more »


Take a Tour of American Underground@Main, a New Startup Hub in Durham

American Underground

In July, Durham got a boost to its startup scene with a 22,000-square-foot hub called American Underground@Main. The space holds 40 startups, spread across coworking space and small private offices. They work alongside nonprofits, other businesses, and universities like North Carolina Central. But the startup vibe dominates: the building features a 50-foot slide, a giant… Read more »


TRIANGLE STARTUP FACTORY ANNOUNCES SPRING 2013 STARTUP CLASS

TriangleStartupFactory

Triangle serial entrepreneurs and mentors Chris Heivly and Dave Neal announced this week the six companies that will make up the third Triangle Startup Factory accelerator session. TSF, the most highly capitalized technology accelerator in the southeast, runs an intensive, three month program customized for early stage startup companies. In addition to seed capital, startups… Read more »