TNInvestcos tout 35 deals in 2010

$21M invested, funds on track to hit $50M in 2012
Jan 26, 2011 8:29 PM

Shareable Ink announces 34-hospital deal

One of Nashville's newest health care corporate citizens, Shareable Ink, said today that provider group NorthStar Anesthesia is expanding the implementation of its anesthesia EMR system to 34 hospitals nationwide following the successful deployment at 213-bed Huguley Memorial Medical Center in Forth Worth, TX.
"Our team is thrilled with the success at Huguley Memorial Medical Center, which demonstrates Shareable Ink's effectiveness in helping health care organizations become more electronic," said Stephen S. Hau, President and CEO of Shareable Ink. "Furthermore, Shareable Ink has overcome the traditional challenge of providing software that meets the hospital's goals for electronic data and that physicians also love to use."
Shareable Ink moved to Nashville from Boston in November to take advantage of a $4.5 million funding round that included TNInvestco dollars.
Jan 25, 2011 1:02 PM

TNInvestcos find out-of-state deals

Investment pipelines full even for the quiet investors; 'I don't mind moving to Nashville'
Jan 24, 2011 7:24 PM

The blind leading the blind

The incoming ECD chief - who has ties to a TNInvestco recipient - is putting his assets in a blind trust:
"Throughout the selection process, we knew of Mr. Hagerty's association with the group, and we are currently reviewing appropriate steps to ensure there are no conflicts," said Dave Smith, Haslam's transition team spokesman.In the interim, Hagerty "will recuse himself from any decision relative to TNInvestco where his financial interests are involved," said Mark Drury, a spokesman for the department. Hagerty also is "taking steps to create a blind trust for his holdings," which include his financial stake in Tennessee Community Ventures, and is on a leave of absence from the company, Drury said.
Jan 14, 2011 9:52 AM

TNInvestco partner invests in Boston start-up

Venture Nashville passes on details about the investment by Nashville entrepreneur Eric Satz in a Boston-based start-up looking to combine social media, crowdsourcing and recommendation elements. Satz is a principal in Tennessee Community Ventures, one of the 10 funds chosen last year by the state's TNInvestco program.
Jan 12, 2011 11:04 AM

TNInvestco-funded company adds to scientific advisory board

VenX Medical, a West End-based company marketing spider vein treatments, has added an Arizona-based industry expert to its scientific advisory board.
After maintaining a private general surgical practice for 23 years, he and his wife established the Morrison Vein Institute where he has concentrated on the care and treatment of venous disorders. Dr. Morrison has become involved in all aspects of vein care, including duplex scanning, visual sclerotherapy, laser/pulsed light therapy, ultrasound-guided sclerotherapy, ambulatory phlebectomy and endovenous thermal and chemical ablation (radiofrequency, lasers of various wavelengths and foamed sclerosants). He is Immediate Past President of the American College of Phlebology, Chairman of the Board of the American College of Phlebology Foundation and Vice President of the International Union of Phlebology.
SEE ALSO: TNInvestco funds local medical device firm
Dec 8, 2010 2:13 PM

Pathfinder Therapeutics starts clinical study

Nashville-based Pathfinder Therapeutics is starting a clinical study to test its image-guided surgical platform in minimally invasive liver procedures. Clincial sites assessing the Explorer platform include Memorial Sloan-Kettering Cancer Center, University of Pittsburgh Medical Center, Providence Portland Medical Center and UNC-Chapel Hill.
"We are excited to partner with these highly-regarded institutions to build upon the success of previous clinical studies showing that Explorer can provide accurate instrument tracking and guidance during open liver procedures," said Skip Goode, CEO of Pathfinder. "Explorer combines state-of-the-art surgical navigation and 3D visualization of preoperative imaging, thereby facilitating the transition from standard techniques to novel laparoscopic techniques for surgeons with less experience and formal training while also providing assistance to highly experienced surgeons."
In June Pathfinder received a $4 million Series B funding round led by a pair of local TNInvestcos. For more background on the company, click here.
Nov 16, 2010 7:51 AM

Appellate court rules TNInvestco documents confidential

Venture capitalist's petition denied a second time
Oct 6, 2010 2:31 PM

TNInvestco funds local medical device firm

Vein treatment company is TriStar Technology's fourth investment
Aug 31, 2010 2:25 PM

ECD hosting TNInvestco event for minority, women-owned firms

The Tennessee Department of Economic and Community Development is planning a seminar and networking reception in Memphis for minority-owned and women-owned businesses to learn more about the TNInvestco program. The event is scheduled for Aug. 17 at 2 p.m. at the Memphis Bioworks. The Tennessee Legislature in June approved the expansion of the TNInvestco program to 10 investment firms. Last week the four new firms completed the sale of their $80 million in tax credits, netting more than $60 million.
Aug 11, 2010 2:29 PM