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Funding and Investment
 

Send2Press Newswire
Sat, 29 Mar 2008 09:54:15 GMT

LBA Group Makes Premier List of the 5,000 Fastest-Growing U.S. Businesses

GREENVILLE, N.C. - Oct. 29 (SEND2PRESS NEWSWIRE) -- LBA Group, Inc. announces that it has made Inc. magazine's list of the top 5,000 fastest-growing businesses in the nation with a ranking of 3,613 and a three-year sales growth of 80 percent. Inc. 5,000 lists companies, that when put together, represents the backbone of the U.S. economy.

The Inc. 5,000 is an extension of Inc. magazine's annual 500 list. It finds businesses that are too big to grow at the pace required to make the Inc. 500, as well as a host of smaller firms.

"We are honored to be recognized among the cream of U.S. small businesses," Lawrence Behr, CEO of LBA Group, said. "We attribute our success and this notable achievement to the positive attitude, talent and aggressive bent of our employees."

Based in Greenville, N.C., LBA Group (www.lbagroup.com) is a CMSDC certified small disadvantaged Hispanic business. Since 1963, LBA Group and its core companies, Lawrence Behr Associates, Inc. and LBA Technology, Inc., have provided consulting and manufacturing services for broadcasting, radio frequency users, and the wireless telecommunications' industry. Its antenna products are used by broadcasters and governments, worldwide.

Lawrence Behr Associates, Inc. provides consulting, test, project management and design services in communication system coverage, interference and compatibility matters, electromagnetic shielding, radio frequency safety, and collocation of diverse communications facilities.

"We have broad expertise in regulatory and allocation matters, and radio system coverage and path prediction," Behr said. "Our capabilities include the design of radio communication systems, including new broadband technologies."

LBA Technology, Inc. designs and manufactures sophisticated antenna tuning and coupling systems, as well as transmission system integration, for the low, medium and high frequency radio frequency bands at power levels to 1,000,000 watts. They supply major components for the Voice of America and high-power multiplexed medium wave antenna systems for other international broadcasters. They also manufacture transportable transmitting stations for military and civilian use.

"To be part of this list is truly an honor," Behr added.

Inc.com is a daily resource for entrepreneurs. It delivers advice, tools, breaking news, and rich multi-media to help business owners and CEOs start, run, and grow their businesses more successfully. Information and advice covers virtually every business and management task, including marketing, sales, finding capital, and people management.

"The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy - the entrepreneurial part," Inc. 5,000 Project Manager, Jim Melloan, said. "The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like Manufacturing and Construction that are underreported in the business media."

The list features a profile for each company, mostly based on interviews with management. And, it is searchable according to numerous criteria including industry, city, state, region, and year founded.

Methodology was based on revenue growth measurement from 2003 through 2006. As of December 31, 2006, to qualify, companies had to be U.S.-based and privately held, independent - not subsidiaries or divisions of other companies -and have had at least $200,000 in revenue in 2003, and $2 million in 2006.

The 2007 Inc. 5,000, as revealed online at www.inc.com, reported median revenue of $9.4 million and median three-year growth of 140 percent.

Complete information on this year's Inc. 5,000 can be found at www.inc.com/inc5000.

Copyright © 2007 Send2Press® Newswire, a unit of Neotrope®
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Mon, 29 Oct 2007 20:31:25 GMT

Investors Evaluate Early Stage Companies through Online Videos at PlanHeaven

SEATTLE, Wash. - June 21 (SEND2PRESS NEWSWIRE) -- PlanHeaven.com announced today that it has launched an online marketplace showcasing video pitches from early stage companies to a nationwide audience of angel investors. The focus on online video combined with other communication tools differentiates PlanHeaven.com from similar services.

(c) Send2Press"A large number of early stage companies have tremendous difficulty obtaining funding, not because they are bad opportunities, but simply because there isn't enough infrastructure to efficiently match the right opportunities with the right angel investors," said founder and CEO Larry Peterson.

Angel investing accounts in total for almost as much money invested annually as all venture capital funds combined, but angel investments fund ten times as many companies.

"It's largely a numbers game. The more exposure to the investment community an entrepreneur can get the better. PlanHeaven allows entrepreneurs to cast a 'wide net' to catch the right angels locally and nationwide," explained Mr. Peterson.

Already 21 early stage companies have listed on the website from a variety of industries. All visitors see the list of companies but they must register as an accredited investor (no charge) before being able to see details and access additional features.

Entrepreneurs can get listed for a fee of $49/month.

About PlanHeaven
PlanHeaven.com was founded in 2007 by a Seattle based entrepreneur and an angel investor. The website (www.planheaven.com) uses online video pitches and communication tools to foster communication, feedback, and investment connections between early stage companies and angel investors.

Copyright © 2007 Send2Press® Newswire, a unit of Neotrope®
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Thu, 21 Jun 2007 22:59:00 GMT

Infrastruct Security, Inc. Exceeds $20 Million Annual Revenue with New Round of Financing

HOUSTON, Texas - June 4 (SEND2PRESS NEWSWIRE) -- Infrastruct Security, Inc. (www.infrastructsecurity.com) announces that its latest round of financing has pushed the company over the $20 million mark and helped the company meet its initial business goals within its first year of operation.

(c) Send2PressPart of the proceeds from this $3 million second round of financing were used to merge with Dowley Security, based in Oklahoma City. This merger takes Infrastruct Security to a $20 million+ company with offices in Houston, Oklahoma City, Tulsa, and Phoenix, plus a new office opening in Baton Rouge, LA. The Dowley merger also positions Infrastruct for its second major business goal - dominating both the Gulf Coast region and the petrochemical niche.

"Our plan has always been to start dominating Houston, then the region and then a niche and to crest over the $20 million mark," says Daniel Weiss, CEO & President of Infrastruct Security, Inc. "Now we have the size and the niche. We have met two big goals for the company six months earlier than expected."

In June, 2006, Infrastruct was formed with the contribution of General Cabling and Security (GCS), founder and CEO Weiss's second security startup. In the first round of financing, featuring investors Murphree Venture Partners, Stonehendge, Jeminson and Louisiana Fund, GCS merged into a new company, Infrastruct Security. Since that time, Infrastruct has made one major acquisition, Monarch Security in November 2006, and three smaller acquisitions. These pushed the company into the $14 million range and positioned them as one of the dominant players in the region.

Although Infrastruct has grown considerably through its acquisitions, Weiss stresses that the company still generates 70 percent of its revenue from organic sales and recurring revenue. "The Infrastruct Security model is unique: We are an integrator that produces monthly recurring revenue (RMR); we do not live and die for the next big project," he notes.

Now that the initial goals have been met, the company looks forward to the next phase of development. "Infrastruct Security was started to dominate this region and the petrochemical niche," Weiss says. "The Texas, Oklahoma, Louisiana, triangle make up the petrochemical heart of the United States. We are now the most dominant provider in this niche and region. With the passage of the chemical security bills and the development of real enforcement for this niche, Infrastruct Security is at the right place at the right time."

About Infrastruct Security
From the fence line to the boardroom, Infrastruct Security, Inc. is a leader in providing unique, turnkey security solutions that are specifically designed for both large- and mid-sized commercial and industrial sites. They have the certification to perform vulnerability assessments of chemical facilities as mandated by the 2007 Homeland Security Bill. Infrastruct Security, Inc.'s IS3 process methodology is comprised of IC - Consultation; Is - Systems; and IS - Ongoing Service.

Company website: www.infrastructsecurity.com

Copyright © 2007 Send2Press® Newswire, a unit of Neotrope®
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Mon, 04 Jun 2007 18:30:00 GMT

Social Network Technology and VoIP Provider YFonGlobal Raises Second Angel Round for a Total of $1.8 Million

Angel Investors 'Matching Funds' Offer Sparks Interest from Wider Investment Community

WASHINGTON, D.C. - Mar. 21 (SEND2PRESS NEWSWIRE) -- YFonGlobal, a leading-edge provider of turnkey social network marketing technology, reports raising its second angel round of funding for a total of $1.8 million with an opportunity to raise $2.1 million from one angel investor's matching funds offer. YFonGlobal leaders say they plan to use these funds to expand sales and marketing of their wyndstorm(TM) social network software geared towards associations, political organizations and campaigns, small businesses, or virtual companies such as a marketing company managing a viral marketing program, or other groups with a common affinity.

wyndstorm - (c) Send2Presswyndstorm(TM) is a hosted social networking platform that can be easily rolled out and rapidly scaled-with over 50 features-including billing & payment processing for downloaded content, click-to-call a buddy, and management of viral marketing campaigns.

Lawrence A. McLernon, former CEO, LCI International, a long distance service provider, who later sold to QWEST Communications Corp., now YFonGlobal's Chairman says, "Within the next year, I predict that CEO Marian Sabety's vision for wyndstorm, YFonGlobal's flagship collaboration and social network application, will be realized. wyndstorm will be an industry leader in content sharing and mobile collaboration, becoming the "go-to" solution for connecting online communities. wyndstorm is already demonstrating to be the easiest, most flexible and robust backbone for social network marketing management. Awareness of wyndstorm has grown fast because of wyndstorm's smart integration of several online communications and collaboration technologies --making it the right product, at the right place, at the right time," McLernon continued.

YFonGlobal angel investors include telecommunications and information technology luminaries such as:

Patrick A. Gross is the founder of American Management Systems, now part of CGI. Pat serves on the Board of Directors of Capital One, Hibernia National Bank, Computer Career Education Corporation, Mobius Management Systems, Inc. Liquidity Services, Inc., as well as the Aspen Institute.

John Hibbard, Telstra Global Wholesale's former Managing Director, was responsible for the international carrier business worldwide for Australia's largest telephone company. John is on the Executive Board of the Pacific Telecommunications Council and was Chairman of the Australia Japan Cable.

Thomas Hudson is Chairman of Connectivity Solutions, and the former Chairman and CEO of Computer Network Technology Corporation (CNT), acquired by McDATA. Tom serves on the Board of Directors of McData, as well as Incentra, Plato Learning Software, Ciprico, and Lawson Software.

Richard T. Liebhaber, is the former SVP Network Operations and member of the Board of Directors of MCI. Dick now serves on the Board of Directors of JDSU, Cogent Communications, Avici and ILOG, all NASDAQ-listed.

wyndstorm's second customer is reported to be a 1.6 million subscriber base targeting university students who seek a private social network to research, collaborate and learn together on a worldwide basis in a safe and protected environment. Key industries that have expressed interest are advertising agencies who care to outsource, but still retain control over branding and message management of a client's social network; associations who desire to invest in a high impact, yet cost-effective member benefit with potential for recurring revenue, as well as large corporations with strong brand communities.

About YFonGlobal, LLC
YFonGlobal, a Washington D.C.-based company, provides turnkey social networking technology tightly integrated with Voice-over-Internet Protocol (VoIP) IP network solutions for affinity marketing leaders. Using their wyndstorm(TM) hosted application, clients can rapidly tailor and privately brand their custom social network by selecting among over 22 pre-built, pre-tested function modules. wyndstorm(TM) provides search, state-of-the-art network security, click-to-call, and other value-add features that provide high value collaboration and programming for private brand marketing.

For more information about YFonGlobal, LLC, visit www.yfonglobal.com.

Text provided by an agency, Nancy Rose & Assoc. - PR, on behalf of the news source.

Copyright © 2007 Send2Press® Newswire, a unit of Neotrope®
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Wed, 21 Mar 2007 13:30:00 GMT

Napatech Receives USD 7.5 Million Venture Capital Funding

COPENHAGEN, Denmark and MOUNTAIN VIEW, Calif. - Mar. 7 (SEND2PRESS NEWSWIRE) -- Napatech today announced the investment of USD 7.5 million from existing investors Ferd Venture and Northzone Ventures. Napatech is the market leader in programmable high-speed Ethernet network adapters.

(c) Send2Press"We are very pleased with the acceptance that Napatech has achieved in the market since our acquisition of the Xyratex adapter business one year ago, internally the acquisition has also been a smooth ride," says Henrik Brill Jensen, CEO, "This new substantial funding allows us to further profit on the market interest shown in our products and to accelerate our world wide sales efforts."

Napatech's solutions enable OEM customers to scale network monitoring appliances, traffic analyzers and recorders, testers and security products to the rapidly growing Ethernet speeds and traffic load. The solutions enable many applications by offloading CPU/memory and bus architectures.

"The Napatech product portfolio of both 1Gb and 10Gb adaptors and the strong market presence especially in the USA enterprise market, positions Napatech ideally to move into new interesting areas like the government sector for security & traffic monitoring solutions alongside its current market segments," says Bjorn Erik Reinseth, partner in Ferd Venture. "The new funding is aimed at increasing the sales presence in several geographies and to secure that our valued OEM customers can continue to be served with world class support even during the rapid growth ahead."

"Having supported Napatech since the inception I am personally pleased that Napatech has made it to market leadership in intelligent network adapters, and it is extremely satisfying to enable customers to scale their solutions and reinforce their market leadership," says Gregers Kronborg, general partner in Northzone Ventures. "I would like to congratulate the whole Napatech team with the achievement, and at the same time challenge them to address new opportunities with OEM customers being the leaders within their respective application solutions."

Napatech's product portfolio includes 1Gb and 10Gb platforms that offer real-time deep packet inspection solutions for network management, traffic analysis and recording, security applications and a toolbox enabling customers to implement their own proprietary intellectual property on the network adapter.

The round was led by existing investors Northzone Ventures and Ferd Venture. The employees and invited investors with relations to Napatech will also be invited to invest on the same conditions as the lead investors.

About Napatech
Founded in 2003, Napatech develops, produces and markets programmable and intelligent Ethernet adapters. The core idea is off-loading real-time/streaming traffic and payload analysis and control applications traditionally implemented in software or proprietary hardware. Napatech experience a huge growth in the demand for intelligent and programmable adapters as Ethernet speeds increase. The current PC architecture limits the amount of bandwidth that can be handled by the PCI bus and CPU/memory. Napatech offers its products to OEM customers. In 2006 Napatech acquired and successfully integrated the network adapter business of Xyratex (Nasdaq: XRTX). Napatech has marketing and R&D offices in Mountain View, California and Copenhagen, Denmark. Napatech is a 2004 Tornado100 Winner. Napatech is funded by Northzone Ventures, Ferd Venture, SeedCapital and a group of business angels with vast experience within networking.

For further information, please visit www.napatech.com.

About Ferd Venture
Ferd Venture is part of the Ferd Group, which is one of Norway's leading investment companies. Ferd Venture primarily invests in Nordic ICT companies that are seeking capital for further commercialisation and growth, and which have the potential to sustain long-term competitive advantage. Ferd Venture has a team of 6 investment professionals based out of offices in Oslo, and has significant funds available for new investments. The current portfolio consists of 11 companies: Affitech, Bone Support, Cinevation, Colibria, HELP Forsikring, Marical, Mohive, Nacre, Napatech, Ship Equip and Vensafe.

For further information, please visit www.ferdventure.no.

About Northzone
Northzone Ventures, a leading Nordic technology VC, was established in 1996. Northzone Ventures consists of 11 people and offices in Copenhagen, Stockholm and Oslo. Northzone is actively engaged in about 25 Scandinavian technology companies. Current and past portfolio companies include Pricerunner, Asetek, Enigma Semiconductor, Speakanet, Funcom, Lastminute.com, Revolt, Mamut, Nextgentel, Stepstone and Trolltech.

For further information, please visit www.northzone.com.


For additional information please contact:

    Copenhagen, Denmark, Europe
    Henrik Brill Jensen, CEO
    +45 4596 1500
    hbj @napatech.com

    Northzone Ventures, Denmark
    Gregers Kronborg, General Partner
    +45 70 222 475
    kronborg @northzone.com

    Ferd Venture, Norway
    Bjorn Erik Reinseth, Partner
    +47 990 22 000
    ber @ferd.no

    Mountain View, California, US
    Thomas Jorgensen, Co-Founder/VP Sales
    +1 650 353 5845
    tj @napatech.com

Napatech is a trademark used under license by Napatech A/S. All other logos, brand names and product names are trademarks of their respective companies.

Text provided by the news source.

Copyright © 2007 Send2Press® Newswire, a unit of Neotrope®
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Wed, 07 Mar 2007 17:15:00 GMT


 




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