Navigating Venture

TicketBiscuit Looks Towards Its Next Phase of Growth

What’s next for TicketBiscuit after its $5M funding win? Posted October 20th, 2016 by Birmingham Business Journal Birmingham software company TicketBiscuit is looking to a new phase of growth, thanks to a $5 million investment from a Tampa-based venture capital and growth equity firm. Ballast Point Ventures recently confirmed its investment in the Birmingham ticketing software company, which TicketBiscuit CEO Jeff Gale called an “endorsement.” “Investors are smart, especially institutional … Continue reading

BPV Invests in Birmingham-based TicketBiscuit

Birmingham tech company lands $5M investment Posted October 17th, 2016 by Birmingham Business Journal One of Birmingham’s fastest growing companies has landed a $5 million investment from Ballast Point Ventures. TicketBiscuit, an online ticketing and event management software company, announced the investment Monday. The company plans to use the funds to “grow its sales force, bolster marketing efforts and develop additional technology products.” “This investment opens up serious growth opportunities for … Continue reading

How Prepaid Technologies and Visa teamed at the Olympics

Birmingham’s Prepaid Technologies is playing a pioneering role in the emerging wearable technology market. The company provided back-end support for Visa’s Olympic payment ring program this summer, which Team Visa athletes used in Rio to make purchases and withdraw cash without carrying around a wallet or credit cards. Prepaid President Stephen Faust describes Prepaid’s role as “quarterbacking”, ensuring Visa’s playbook came to fruition on the field. “Someone will have an … Continue reading

Introverts can be undervalued, Chapter III

We have written before that introverts are often undervalued in the business world (August 2015) given that introverts often have characteristics which manifest themselves in a positive way in building high-growth businesses: a more focused mindset to their leadership style better at dealing with setbacks (because they need less external validation) more realistic when listening to feedback or analyzing information (because they do less public promotion of themselves) Similarly, in our … Continue reading

When You Change the World and No One Notices

We’ve written that it’s a long and difficult journey from idea to successful business, and entrepreneurs need partners who intuitively understand the right kind of support to offer over the long term during which failure can be counted on to make at least a cameo appearance.  In other words, the road to both successful and failed business models can be paved with “innovation.” That road can also be long and involve a great deal … Continue reading

The Zebra Welcomes Brett Little, Former Travelocity and VP of Finance, to Executive Team

Posted August 31st, 2016 by The Zebra Little joins The Zebra to build company’s finance function, bringing 20+ years of global finance and accounting experience from, Travelocity and AppFolio AUSTIN, Texas — August 31, 2016 — The Zebra, the most comprehensive car insurance comparison marketplace in the U.S., today announced the addition of Brett Little as Executive Vice President of Finance & Administration. Little brings more than 20 years’ finance … Continue reading

PowerDMS Named to Inc. 5000 List for 6th Consecutive Year

Posted August 19th, 2016 by PowerDMS Orlando, Fla. (August 19, 2016) – PowerDMS, the leading cloud-based policy and procedure management software company, has been named to the Inc. 5000 list of fastest growing privately-held U.S. companies. This marks the sixth consecutive year PowerDMS has made the list. “I’m humbled to be recognized alongside America’s most successful companies,” said Josh Brown, PowerDMS founder and CEO. “Our team is passionate about providing … Continue reading

Iconixx Software grows C-suite again, hires first chief revenue officer

AUSTIN, Texas – July 11, 2016 – Iconixx Software Corp., an Austin-based maker of compensation management software, has named sales veteran David Loia as its first chief revenue officer. Loia was previously the vice president of sales for Austin software maker ZenossInc. and senior vice president of revenue for Austin-based HumanIntelligence Inc. Before that, he was vice president of sales for Spokane, Washington-based Next IT Corp. and a director of … Continue reading

kSep Systems acquired by Sartorius Stedim

Sartorius Stedim Biotech acquires U.S. start-up kSep Systems Transaction to expand SSB’s bioprocessing product portfolio with innovative single-use centrifuges AUBAGNE, France– 7.6.16 –(BUSINESS WIRE)–Regulatory News: Sartorius Stedim Biotech (SSB), a leading international supplier for the biopharmaceutical industry, today has signed a contract to acquire U.S. centrifuge specialist kSep Holdings, Inc. (kSep). The privately owned company based in Morrisville, North Carolina, has been operating on the market since 2011, and is expected … Continue reading

BPV completes successful exit from Tower Cloud

BPV portfolio company Tower Cloud has been acquired by Communications Sales & Leasing, Inc (NASDAQ: CSAL) in a stock and cash deal valued at $230 million plus milestone payments.   Here is today’s write up from the Tampa Bay Business Journal: St. Pete fiber optics firm acquired in $230 million deal by Frances McMorris  St. Petersburg-based Tower Cloud is being acquired by Communications Sales & Leasing Inc. (NASDAQ: CSAL) in a stock and … Continue reading

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