A consortium of regional technology companies have unveiled NashvilleIX, promising a downtown-based Internet traffic exchange that they say will be faster and cheaper than traditional providers. In the mix are 365 Data Centers, DevDigital, Peace Communications and Enfopoint. Our colleague Kelley Boothe has more info at Southern/alpha.
The cost-structure is most efficient for businesses. Connecting to NashIX is free for early access participants that sign-up by September 30, 2015. Standard pricing for a 1Gbps port is $350 per month. Pricing for a 10G port is $1,000 per month. The port price for the first port is waived for the first year for early access participants. After that, the price per port will be 50 percent of the standard pricing until the traffic on the NashIX reaches 15Gbps at 95P for one month, at which point the pricing will change to standard pricing.
Local immunization data venture MedPass Health has raised $760,000 from its founders and seven angel investors and aims to grow its staff to 20 from today's half dozen over the next year. CEO Hallett Ogburn and his team also have struck a partnership with the University of Alabama Management Information Systems program. Milt Capps has that info and more — including another capital raise — here.
The UA alliance helped MedPass develop its initial platform by drawing on a formalized team of six UA MIS students, who each work 20 hours per week, with guidance from MedPass engineers and oversight by a sponsoring faculty member, Joanne Hale, Ph.D. The UA MIS students are now working on MedPass iOS and Android mobile apps, which are to be available by late Summer.
Analysts at Robert W. Baird have launched coverage of HealthStream shares with a 'neutral' rating and a price target of $27. That leaves less than 10 percent of upside from where the shares (Ticker: HSTM) are changing hands today. They're down about 15 percent year to date.
POSTDATA: WARRANTY DEEDS