Welcome Visitor Monday, May 6, 2024
Venture Nashville update

Now that Blogger sites have survived Google's strategic review, we'll be resuming postings here.

Milt Capps, Editor & Publisher VentureNashville.com | VentureTennessee.com

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Wilt pushes Cumberland Transit
Investor TJ Wilt has taken over Cumberland Transit and is pushing it into both e-Commerce and into East Nashville. Read it here.
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Southland's 50 Startups ID'd
LaunchTN's Southland startup and entrepreneurship event in Nashville 12-13 June has unveiled the 50 startups that'll populate its StartupVillage. See it here.
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U.S. CIO role to Nashville techie
Long-time Nashville Information Technology veteran Richard McKinney has landed a big CIO job - heading-up that function for U.S. Department of Transportation. Right here.
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Diagnovus News
James Stover at Diagnovus in Nashville announced a new cancer-related assay today, in the first offering for the 10-year-old lifescience startup. Their release is here.
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Humanity Zeitgeist
Nick Holland passed-along this moving vid from Google. Searching for what unites humanity? Take a look here.
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LaunchTN +1
LaunchTN (aka Tennessee Technology Development Corporation) added as a board member David Milhorn, Ph.D., who is EVP and chief operating officer of the UT System, according to Chattanoogan.com, Nov. 20. VNC's updated story is here.


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ECD + TNInvestco (more)
A subcommittee of the General Assembly's government operations committee today voted in favor of extending the charter of the state's Economic and Community Development agency until 2017. Review of the State Comptroller's report on TNInvestco and other ECD programs, which have been cited by the Comptroller and ECD officials alike, as need improved administration and documentation, preceded the vote. Related VNC story here.
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Bizplan contest in NVille
Plenty of new life-science companies showcased and/or competing for a $5K bizprize in Nashville later this week. The story's here.
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VU Drug Discovery
Jeff Conn of Vanderbilt University center for neuroscience drug discovery is part of a broader alliance of scientists pushing for a new model for collaboration with Pharma. The story's here.
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TNInvestco takes hit
TNInvestco administrators within ECD took it on the chin, along with some others, in the TN Comptroller's report issued today regarding the capital-formation program's management. The story's here.
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Pathfinder Therapeutics gains ally
Pathfinder Therapeutics, the image-guided surgery technology firm that was spawned by VU School of Engineering and Medicine research, has agreed to integrate its offerings with those of NeuroLogica, release here.
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Kustelski ETIX CEO
Joe Kustelski, who helped shape the early strategy for the Nashville Entrepreneur Center, and has more recently been a principal in the ETIX Rockhouse Partners team here, has been named ETIX CEO. Release here.
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Healthstream IT 'challenge'
Healthstream CEO Bobby Frist told stock analysts in a teleconference this morning that the company faces "challenges" in finding enough Tech talent in the Nashville area and hopes its Austin, Texas, office will help. The company reported its earnings yesterday, close-on-the-heels of closing its acquisition of Sy.Med. More here. Based on its report, it seems likely to go over the 3 Million implemented subscribers mark in 1Q 2013 (and pass that mark in 4Q12, when non-implemented subs are included).
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Tom Stephenson joins Condra's Dalcon
Tom Stephenson, the former president of Healthcare Management Systems (HMS), is now president and chief operating officer of Dalcon Communications Systems, founded by CEO David Condra. For more, read here. Condra has been a leader in Nashville's technology and Angel communities for at least 15 years, and founded Dalcon more than 30 years ago.
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INCITE investment (add)
GOBA (Get out, be active) and Opti-Logic are the latest recipients of funding through Gov. Bill Haslam's INCITE co-investment program, administered by TTDC. The release is here.
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Shoaf onboard Dobie
Forrest Shoaf, attorney, Cracker Barrel exec and investment banker, has thrown-in with Bruce Dobie at Dobie Media, right here.
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Cyberventure
Cyberventure Optio Labs (Allied Minds) is now represented in Nashville by Brian Dougherty, a VU School of Engineering Ph.D., who is Optio's project manager. Optio could be a portal to sophisticated software and electronic ventures. Story here.
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Pathfinder's Cloar
Now the CEO at Pathfinder Therapeutics is Jim Cloar, who brings a med-devices background. Updated here.
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MDSave launches
Nashville-based MDSave aims to do well by doing good, helping high-deductible covered insureds negotiate upfront cash discounts with docs they want to see. Right here.
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TN IPO talk
Bass Berry's Page Davidson is decidely not hawking IPO's, rather he urges level-headedness. Read about it here.
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Imagine TNinvestco
TNInvestco has contributed real energy to the venture ecosystem in Tennessee, but if there's another round, more proactive efforts may be in order to attract entrepreneurs from some quarters. Read about it.
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Sagents for sales
LeShane Greenhill's Sagent launch puts corporate buyers and sellers together online 24x7. Angels are showing interest in the Nashville area, he says. Read it here.
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Gambill on growthco's
Council Capital co-founder Katie Gambill (at left) alerts us to the needs of growth companies in Tennessee. Read about it here.
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Kodiak launch
Kodiak, a tech solution to tie-together all the data from in-class tablets used by students, so teachers can determine learning progress... it's aborning in Nashville.
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