At a recent workshop in DeForest, seven entrepreneurs did something many people would find intimidating, if not unnerving: They stood up in front of a crowd and condensed their business idea “pitch” to 90 seconds.
No one became too tongue-tied. No one took on that “deer-in the-headlights” look. Instead, all seven volunteers provided enough information to prompt follow-up questions from investors and other business experts who had offered pointers throughout the afternoon.read more
Sonic Foundry Inc., the Madison-based provider of video content management and webcasting solutions, announced that the company has renewed its line of credit with Silicon Valley Bank.
Further, the company announced a stock repurchase program which enables the company to purchase up to $1 million of its common stock.read more
Asia-Pacific will account for US$74 billion, growing at 38 percent in 2013, with developed markets including Singapore and South Korea as well as developing markets such as India driving growth in the region.read more
While state legislators in Madison consider venture capital legislation, a new report shows Wisconsin companies raised $163 million in early-stage funds last year, a 7 percent increase from 2011.
The fifth annual “Wisconsin Portfolio,” compiled by the Madison-based Wisconsin Angel Network, tracked deals in 74 emerging companies statewide made by angel networks, small venture funds and individual angel investors or super angels, the group said.
A Facebook profile is an ideal version of self, full of photos and posts curated for the eyes of family, friends and acquaintances. A new study shows that this version of self can provide beneficial psychological effects and influence behavior.
Catalina Toma, a UW-Madison assistant professor of communication arts, used the Implicit Association Test to measure Facebook users’ self-esteem after they spent time looking at their profiles, the first time the social psychology research tool has been used to examine the effects of Facebook. The test showed that after participants spent just five minutes examining their own Facebook profiles, they experienced a significant boost in self-esteem.read more
Companies with strong relationships between the CIO and other C-suite executives are four times as likely as less-collaborative teams to achieve business results such as revenue growth and high profit margins, according to PricewaterhouseCoopers’ fifth annual Digital IQ study.
PwC polled 1,108 business and technology leaders globally and split their responses into two groups: the 13 percent of respondents who rated themselves as “strong collaborators” in the C-suite, and the rest who didn’t.
Defense Secretary Chuck Hagel said on Friday that cyber threats posed a “quiet, stealthy, insidious” danger to the United States and other nations, and called for “rules of the road” to guide behavior and avoid conflict on global computer networks.
Hagel said he would address cyber security in his speech on Saturday to the Shangri-La Security Dialogue in Singapore and the issue was likely to come up in a brief meeting with Chinese delegates on the margins of the conference.read more
Solomo Technology Inc., which provides mobile technology tools to retailers and other businesses, has raised $1.7 million of venture capital funding.
The Madison company operates in the emerging software category of indoor location services and has generated revenue since it formed in 2011, said Liz Eversoll, Solomo’s founder and chief executive officer. Customers include large convenience store chains, airlines and major malls in the U.S. and Canada, she said.read more
Data pulled from two major Medicare databases–the National Plan and Provider Enumeration System and the Provider Enrollment, Chain and Ownership System–are extremely inaccurate, according to the Department of Health and Human Services’ Office of Inspector General.read more
Eight healthcare startups selected for rare opportunity to pitch healthcare CIOs and investors, June 10th at “Start Me Up” Emerging Health Technology Conference
Eight tech-based, diverse healthcare start-up companies from Milwaukee, Madison, Minnesota and Chicago, will present 5 minute pitches to healthcare Chief Information Officers (CIO), investors and healthcare leaders at “Start Me Up” The Emerging Healthcare Technology Day (www.startuphit.com) as part of the 11th annual Digital Healthcare Conference June 10-12 at the Fluno Center for Executive Education.read more
Despite the growing threat of state-sponsored cyberattacks launched from China and other countries, U.S companies should not be allowed to fight back on their own, security experts say.
Such corporate counterstrikes would undermine U.S.-led efforts to develop international cyberspace standards and norms while exposing U.S. companies to retaliatory strikes.