SPOTIO Raises $4.5 Million from Ballast Point Ventures

Source:  SPOTIO January 9, 2020 – SPOTIO, a Dallas-based software company providing cloud-based sales acceleration and performance management solutions for field sales personnel, is pleased to announce a $4.5 million Series A investment from Ballast Point Ventures. The platform’s robust, mobile-first feature set enables sales teams to manage sales territories, execute face-to-face meetings, and optimize the sales pipeline and performance across the outside sales organization. SPOTIO will use the investment to accelerate … Continue reading

Abacode, a Fast-Growing Cybersecurity & Compliance Firm, Announces $4.85 Million Investment Led by Ballast Point

Source:  Newswire.com TAMPA, Fla., January 9, 2020 – Abacode, Inc., a Cybersecurity and Compliance services firm based in Tampa, FL, is excited to announce a $4.85 million Series A growth equity investment led by Ballast Point Ventures. Abacode will leverage the investment to scale its sales, security operations center and project execution teams, broaden its marketing efforts, and further enhance its technology-enabled service offering. Abacode, a Managed Security Services Provider (“MSSP”), … Continue reading

PowerDMS made the top 8 Tech Teams in Florida That Rival Silicon Valley

Source:  Comparably Florida has hundreds of miles of beaches on both the Atlantic Ocean and the Gulf of Mexico. It has the Everglades. It has Walt Disney World and all of that theme park’s offshoots, as well as competing parks from Universal and Sea World. And, in case we forget, it has oranges. These eight tech companies in the Sunshine State have been making waves with their products and practices, and most … Continue reading

The Future of Music Tech with Tampa’s Symphonic Distribution

Source:  Tampa Magazine By:  McKenna Kelley Tampa’s Symphonic Distribution helps the songs you love get from the recording studio to streaming platforms around the globe You’ve probably listened to music on a streaming service like Spotify, Apple Music, Pandora or Amazon at some point recently (and considering the Recording Industry Association of America reports that streaming accounted for 80% of the music industry’s revenue in the first half of this … Continue reading

Ventures Roundup: After $82M round, TissueTech looks to expand in Miami; eMerge predicts record VC investment for South Florida

Source:  South Florida Business Journal By:  Emon Reiser TissueTech CEO Amy Tseng COURTESY OF TISSUETECH   The next five years will bring job growth and possible clinical advances for Miami-based TissueTech, which landed South Florida’s top venture capital deal during the second quarter. Co-founder and CEO Amy Tseng said the biotechnology firm, which developed a method of using fetal tissue to repair eye damage and reduce pain for amputees, will use … Continue reading

Entrepreneurial origin stories

Last month – August 30 – brought us National Slinky Day.  We did not know the classic toy had its own day, nor were we aware that it was another one of those happy accidents often at the heart of entrepreneurial origin stories. From Smithsonian Magazine: In 1943, mechanical engineer Richard James was designing a device that the Navy could use to secure equipment and shipments on ships while they … Continue reading

Symphonic Helps Indie Musicians Break into the Big Leagues

Source:  Tampa Bay Inno By:  Dyllan Furness Symphonic Distribution Founder Jorge Brea. Photo courtesy of Symphonic Distribution The music industry changes fast. In less than two decades, listeners went from buying CDs to buying downloads to paying monthly subscriptions for streaming services—all while vinyl sales surged. For independent musicians, it can be hard to keep up with the fluctuations in the industry. Symphonic Distribution wants to help. Founded in 2006 by Jorge … Continue reading

The Long Engagement

One of our most-read posts here at NVSE is The Fate of Control (December 2009).  In it we cite a phrase coined by Fred Wilson’s at AVC – “shtick tolerance” – as a key to any successful long term relationship.  As we blogged in that decade-ago December: You don’t have to accept everything about your partner – outside of integrity/honesty – but you must be able to more or less tune some things out over the … Continue reading

TissueTech Raises $82 Million in Latest Round of Equity Financing

  Source:  TissueTech TissueTech, Inc., the pioneer in regenerative medicine utilizing human umbilical cord and amniotic membrane, today announced the closing of an $82.25 million round of Preferred C equity financing led by EW Healthcare Partners (formerly Essex Woodlands) and followed by the third round of continuous investments from Ballast Point Ventures. The funds will primarily be used to pursue regulatory approvals from the FDA for several of its development … Continue reading

Billboard’s 2019 Indie Power Players: The Execs Behind Drake, John Prine, Lauren Daigle and BTS

Source:  Billboard By:  Billboard Staff The independent music sector is larger and stronger than ever. As the American Association of Independent Music (A2IM) convenes Indie Week in New York June 17-20, executives and artists can celebrate the growth of the worldwide indie music business. Independent labels generated $6.9 billion in global music sales in 2017 (the most recent estimated figure), up from $6.2 billion the previous year, according to a report released … Continue reading

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