News and Announcements

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Canvas Announces $9 Million Investment from River Cities Capital Funds and Osage Venture Partners

River Cities led a $9 million investment in Canvas, the global leader in mobile apps for collecting and sharing business information.

Stroke Patients See Phenomenal Results With NICO BrainPath

“I’ve seen patients come in paralyzed who have walked after two days post-operatively.” – Dr. Jason Cormier

KnowledgeTree Expands Executive Team to Capitalize on 2014 Success

KnowledgeTree, a provider of software that helps enterprises sell more, has expanded its leadership team to build on rising momentum. Adoption by innovative, high-growth sales organizations has driven outstanding quarter-over-quarter results in 2014. KnowledgeTree has added three key executives to take advantage of this growth and continue to scale.

Raleigh’s KnowledgeTree doubles revenue, hires new CEO

Raleigh software developer KnowledgeTree says it has seen top-line revenue double from quarter to quarter this year and has grown to 21 employees and more than 400 customers. With that growth came the need for more specialized roles, so company founder Daniel Chalef shed his CEO title to oversee product development and brought on Chris Atkinson to fill the chief executive role.

PerfectServe Named One of the ‘20 Most Promising Healthcare Tech Solution Providers in 2014

CIO Review chose PerfectServe for its expertise in offering a comprehensive and secure, workflow responsive communications platform.

River Cities Announces 2014 SaaS Operating Metrics and Valuation Benchmarking Study

This study considers operating metrics from 66 public SaaS companies during their developmental period (pre-$50M in revenue). This report is meant to offer entrepreneurs insight into River Cities’ perspective and experience gained from more than 13 years of supporting SaaS entrepreneurs.

Trax Technologies Featured: 10 Companies That Are Just as Great as Google

RCCF Fund V company, Trax, featured on The Muse’s list of 10 companies just as great as Google.

Amniox® Medical Announces Study Confirming Superiority of Proprietary Cryopreservation Technology for Processing Umbilical Cord & Amniotic Membrane Tissue

Peer-reviewed study concludes cryopreservation preserves biological tissue properties while dehydration drastically alters the structural and biological integrity of tissue.

Health Integrated: A new approach to care management for patients with comorbidities

Sam D. Toney, M.D., Chief Medical Officer and EVP, Clinical Integrity for Health Integrated featured in Managed Healthcare Executive discussing care management for patients with comorbidities.

Kindred Acquires Centerre Healthcare

Kindred Healthcare announced that it has signed a definitive merger agreement to acquire Centerre Healthcare, a national company dedicated to operating Inpatient Rehabilitation Hospitals, for a purchase price of approximately $195 million in cash.

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