Wednesday, December 17, 2014

Phononic Raises $44.5 Million in Series D Funding

RALEIGH, N.C. -- Phononic, a consumer products company reinventing cooling and heating, today announced that it has secured $44.5 million in Series D funding. The round is led by Eastwood Capital Corp and the Wellcome Trust, along with a syndicate comprised of WLR China Energy Infrastructure Fund, Tsing Capital, Venrock, Oak Investment Partners and Rex Health Ventures. The funds will be used to drive sales of the company's solid state solutions in Cold Products and Electronics Cooling, penetrate new market opportunities and expand manufacturing capacity.

Imperial Design Builders Contracts with J. Evans & Associates to Develop, Maintain Updated Health and Safety Core Values

FUQUAY VARINA, N.C. -- Imperial Design Builders (www.imperialdesignbuilders.com), a family owned and operated general contractor building communities one building at a time, is pleased to announce it has contracted with J. Evans & Associates, Inc. to develop and maintain updated health and safety core values. Led by Jerry Evans, the consultancy boasts an extensive background in construction safety and training dealing with loss control, safety program development, site safety training, site safety inspections and hazard awareness training.

Monday, December 15, 2014

Immedion Hires Terry Morris as Director of Cloud Services

GREENVILLE, S.C. -- Immedion LLC,  South Carolina and Western North Carolina’s premiere provider of data center services including Cloud, colocation and managed services, announced today the hiring of Terry Morris as Director of Cloud Services.  In his new role, Terry will be responsible for the overall operations and delivery of Immedion’s Cloud infrastructure.

Three Wake County Charities to Share $15,000 Award

RALEIGH, N.C. -- The Junior League of Raleigh, a nonprofit organization for women focused on improving the community through the effective action and leadership of trained volunteers, is pleased to announce The Green Chair Project, Alliance Medical Ministry, and Learning Together, Inc., as this year’s Legacy Fund winners.  The $15,000 Legacy Fund, made up of proceeds from the League’s A Shopping SPREE! annual fundraiser, is presented each year to charitable organizations that particularly focus on women and youth in Wake County and with which the Junior League and/or its members has had significant involvement.  This year marks the first time that Junior League of Raleigh members could nominate any qualifying nonprofit to receive an award, a process which has broadened the reach of the Legacy Fund in the community.

Friday, December 12, 2014

CloudPay Appoints IT Expert Gareth Hughes as New Chief Technology Officer

RALEIGH, NC & LONDON, UNITED KINGDOM -- CloudPay, the world's only cloud-based platform for integrated global payroll and payments, today announced that Gareth Hughes, currently the company's Head of Development, has been appointed to the role of chief technology officer (CTO). In this capacity, he will be responsible for leading the development and continuous improvement of CloudPay's cloud-based integrated global payroll and payments platform and overseeing the company's technical operations.

Cicero Selected by Major Financial Services Firm to Provide Analytics and Automation

CARY, N.C. -- Cicero Inc. (OTCBB: CICN), a leading provider of desktop activity intelligence and improvement software for the back office and contact center, has announced that a globally known financial services and brokerage firm has selected Cicero Discovery to provide compliance monitoring and enforcement across applications for brokerage employees.