News
The NewsMarket to Acquire Medialink (NASDAQ: MDLK)
Thursday, July 2nd, 2009Strategic Transaction Increases the Company’s Market Share, Content Archive and Service Offerings.
NEW YORK, NY–(Marketwire - July 1, 2009) - The NewsMarket (www.thenewsmarket.com) today announced that it has entered into a definitive agreement and plan of merger with Medialink Worldwide Incorporated (NASDAQ: MDLK).
The NewsMarket will acquire all of the outstanding shares of Medialink’s common stock at a price of $0.20 per share in cash. Once approved by Medialink’s shareholders, Medialink’s employees and services will be combined under The NewsMarket, Inc. This transaction combines The NewsMarket’s digital video distribution platform with Medialink’s professional services and production capabilities to create a complete video solution for corporate customers. (more…)
Applied NanoWorks Changes Name to Auterra, Inc.
Thursday, April 16th, 2009Originally founded as a nano-materials technology company, Auterra has expanded its work into advanced chemical processes. The company is targeting the flame retardant additives and the oil refinery catalyst markets with its first products from the trademarked Molecular Control Process. The company also recently relocated to the Saratoga Technology + Energy Park, more than doubling Auterra’s lab and office space.
The full article in The Business Review can be found here.
High Peaks Closes Investment in Revolutionary Education Publisher; Flat World Knowledge, Inc.
Tuesday, March 31st, 2009Troy, New York, March 25, 2009 – High Peaks Venture Partners is pleased to announce the closing of an $8M Series A financing of Flat World Knowledge (FWK) in concert with syndicate partners Valhalla Partners and Greenhill SAVP. (more…)
Annual Peak Pitch Event Drew Entrepreneurs and Venture Capitalists from Around the State to Meet on the Chairlift at Hunter Mountain
Tuesday, March 3rd, 2009
The third annual Peak Pitch event, hosted by High Peaks Venture Partners, took place last Friday, February 27th, at Hunter Mountain in the Catskills. This year’s event drew more than 50 CEO’s, entrepreneurs and Venture Capital investors together on the slopes. (more…)
Apprenda Releases SaaSGrid
Tuesday, December 2nd, 2008Albany, NY December 2, 2008 — Today, Apprenda announced the release of its Software as a Service (SaaS) platform SaaSGrid™, the world’s most powerful technology and business platform for independent software vendors (ISVs) pursuing the SaaS delivery paradigm. (more…)
SmartPill Secures $20 Million Series 2 Financing
Tuesday, July 22nd, 2008Buffalo, N.Y., July 22, 2008 - SmartPill Corporation, a leading developer of capsule-based medical devices that aid in the diagnosis, definition and therapeutic intervention of gastrointestinal motility disorders, announced the completion of a Series 2 financing that will provide $20 million to support plans for continued growth and new market penetration. The current round of funding was led by Oxford Bioscience Partners and Psilos Group with participation by Kimberly-Clark Ventures and High Peaks Venture Partners. (more…)
TxCore, Inc. Changes Name to TxVia, Inc.; Raises $8.5m in Series B Financing
Thursday, June 19th, 2008TxCore, Inc. Changes Name to TxVia, Inc.; Raises $8.5m in Series B Financing; Becomes First to Deploy ‘Platform-as-a-Service’ for Prepaid Card Processing; and Appoints Industry Veterans to Management Team and Boards
Company Also Releases White Paper on Revolutionary Platform-as-a-Service Approach to Prepaid Card Processing
New York, NY – June 18, 2008 – TxVia, Inc., a pioneer in prepaid card processing technology, today announced that the company has changed its name from TxCore, Inc. and secured $8.5 million in venture capital as part of its Series B financing. The funding was led by an existing investor, Espírito Santo Ventures, with participation from the company’s lead Series A investors, Village Ventures and High Peaks Venture Partners. (more…)
Worktopia Secures Series B Financing Led by European Founders Fund
Friday, March 14th, 2008Worktopia (www.worktopia.com), the first and only online booking engine for meeting space in hotels, conference centers, airport clubs and other venues, has secured $5 million of additional capital for further domestic and international expansion. (more…)
High Peaks Closes Investment in SaaS Platform Company Apprenda
Friday, March 14th, 2008High Peaks is pleased to announce a $500,000 investment in Clifton Park based Apprenda. The capital will enable Apprenda to complete their beta testing phase and move to full commercial launch of its Software as a Service (SaaS) platform, SaaSGrid. (more…)
Peak Pitch 2008 Wraps Up at Windham Mountain
Wednesday, March 12th, 2008
High Peaks Venture Partners’ second annual Peak Pitch event came to a close on a sunny Tuesday afternoon at Windham Mountain ski area in the Catskills of New York. The event was a very productive and enjoyable day of skiing, pitching and networking for the 60 entrepreneurs, venture capitalists, and invited guests in attendance. (more…)
