EO Raleigh Durham News
EO Raleigh-Durham Marks Million Dollar Milestone
We dare you say that five times fast. As of February, our chapter has reached the $600 million milestone and welcomed seven new members. New members include: David Morken from Bandwidth.com, Brendan Morrissey from Netsertive, Krista Moore from K Coaching, Jake Finkelstein from Method Savvy, Daniel Chalef from Knowledge Tree, Bob Kingery from Southern Energy and Jud Bowman from Appia. EO Raleigh-Durham’s 47 members are responsible for a combined $605+ million in annual revenue, and employee more than 3,300 employees in the Triangle.
New Member Netsertive is Turning Heads
Netsertive, a fast-growing online ad technology company, has quickly made a name for itself over the past few years. In 2012 alone, the company was recognized with multiple technology and entrepreneurial awards, including Top Small Technology Company (NCTA), NC Companies to Watch (CED/Lowe Foundation), Top Entrepreneurs in the Triangle (Business Leader) and the Triangle’s Best Places to Work (Triangle Business Journal). It was also named a finalist for Top Private Technology Company (NCTA). The company has hired 11 people in the last 30 days. Google also recently announced Netsertive as their newest “Premier SMB Partner”, an exclusive, hand-picked set of companies numbering only 15 in North America, with most of the others being large public companies.
ARCA Honored with 2013 Manufacturing Leadership 100 Awards
EO member ARCA was one of 100 world-class manufacturing companies recognized by the Frost & Sullivan’s Manufacturing Leadership Council as a winner of the 2013 Manufacturing Leadership 100 Award, specifically in the Information Leadership category. The award was given to companies who have played a significant role in shaping the future of global manufacturing. For more info, see http://www.frost.com/prod/servlet/press-release.pag?docid=274144052
BoostSuite’s User Base Reaches Milestone, Continues to Climb
Less than six months after launching their do-it-yourself web marketing software tool to the public, EO member BoostSuite has reached the 5,000 user mark. Check out the official announcement here. This comes just months after BoostSuite was featured by Inc. Magazine as the first of three easy SEO tools for improving your website. The BoostSuite product gives small business owners a simple roadmap for improving their online marketing results.
Family Time with the Ng Cashins
Check out Chris Cashin, from Thundershirt, and his multi-generational family on the cover of the Jan/Feb issue of Chapel Hill Magazine. http://www.chapelhillmagazine.com/articles/in-the-current-issue-january-february-2013/
Select Group Tops Local and National Lists for Fastest-Growing Companies
The Select Group, a Raleigh-based IT and engineering recruiting firm founded by EO member Sheldon Wolitski, has hired 70 employees during 2012 and has been named to multiple lists of fastest-growing companies. The company is ranked #2, 144 on the Inc 500/5000 list, #13 on the Triangle Business Journal's Fast 50 list, and #28 on the List of Fastest-Growing Staffing Firms by Staffing Industry Analysts (while ranking #14 for IT staffing companies).
Telovations Signs Acquisition Agreement with Bright House Networks
Telovations, a Florida-based Cloud Communications provider that pioneered the delivery of "Communications-as-a-Service" (CaaS), has signed an agreement to be acquired by Bright House Networks, the sixth largest owner and operator of cable systems in the United States. Paul Levering, President of Mid-Atlantic Telovations and EO member, will work with leadership in both companies to assist in the acquisition.
For more information, visit http://www.prnewswire.com/news-releases/bright-house-networks-signs-agreement-to-acquire-telovations-180843071.html
EO Member Claims 2 Coveted Spots on Triangle Business Journal Fast 50 List
Randy Nelson, co-founder of Orion ICS, a staffing solutions company, andNSTAR Global Services, which specializes in semiconductor industry service and staffing, recently saw his companies recognized in a big way – on the Triangle Business Journal’s Fast 50 list. The prestigious list recognizes the 50 fastest-growing private companies in the Raleigh-Durham area. NSTAR Global Services ranked 8th on the list, and Orion ICS was ranked 9th.
Citrix Founder Named NC Tech Executive of the Year
Jesse Lipson, of Citrix (formerly ShareFile), was named the Technology Executive of the Year - People’s Choice Award by the North Carolina Technology Association (NCTA), the primary voice of the technology industry in North Carolina. This annual award honors a North Carolina technology executive who has demonstrated leadership and achieved industry success over the past year. The award was presented at the annual NCTA 21 Awards Gala on November 8. Jesse founded ShareFile in 2005 and in just over 6 years helped the company grow to almost 20,000 corporate customers. ShareFile was acquired by Citrix Systems in October, 2011. For more info, visit http://nctaevents.com/21awards2012/
Raleigh-Durham EO Chapter Achieves Highest Recognition
We are thrilled to announce that our chapter was recognized with “Rock Star” status and a $10,000 check from EO Global as part of Global Entrepreneurship Week. To qualify for the “Rock Star” award, chapters must meet 27 qualifications in six areas: presidential leadership, chapter learning, forum involvement, internal/external communication, financial health and membership value. This year marks the 25th anniversary of EO, with events being held all around the world highlighting the growth of the organization’s entrepreneur network and its role in the lives of members everywhere.
Welcoming New Member (and Long-Time EO Fan) Jeff Cope
We are thrilled to induct Jeff Cope, owner and principal at InspectionXpert, a 10-person organization that develops integrated inspection reporting software solutions, to the EO family. Proving that not all in-law relationships are cantankerous, Jeff comes to EO based on a referral by his brother-in-law and fellow EO member Brett Watkins, of L&E Research. After hearing about Brett talk about EO for the past 10 years, Jeff decided it was time to be a part of EO too. Jeff is a mechanical engineer by training and a classic entrepreneur. He started InspectionXperts in 2008 to solve a specific problem, then became a self-taught programmer to figure out how to build the initial codebase. His business is currently growing at 200%.
EO Member Receives Prestigious Recognition from Scientific Journal
Congratulations to EO member Precision Biosciences. The company’s engineered nucleases, represented by Precision’s DNE technology, were named “Method of the Year” by the scientific journal Nature.
Read more about this esteemed award here.
Hiring is on the Rise for EO Members
In the past month, multiple EO companies have made additions to their team or grown their business. American Support has welcomed 50 new team members, L&E Research has added five employees, The Select Group has added 22 employees and Telovations has expanded with the addition of a Customer Advocate role – all within the past 30 days. In addition, The Select Group has grown from 50 to 100 employees in 2012 and has expanded into Charlotte, Greensboro and Boston with plans to open a fourth office in Toronto in early 2013. Bronto Software has also added 16 people in Q3, bringing its total team count to 140.
EO Companies Dominate the Triangle Business Journal's 2012 Best Places to Work
ReverbNation (medium business category) and Brooks Bell (small business category) have been recognized by the Triangle Business Journal as the #1 Best Places to Work in the Triangle. Winners of each category were nominated by company employees and selected based on confidential employee surveys. Other EO Raleigh-Durham companies on the list of winners include The Select Group (#4, medium business category), Bronto Software (#8, medium business category), AtlanticBT (#9, medium business category), and Ignite Social Media (#6, small business category).
The Select Group was also named to the Triangle Business Journal’s Fast 50 and was named to the Inc. 5000 list of fastest growing companies. In addition, Bronto Software received numerous recognitions over the past month, including leading self-service email provider as named by the Internet Retailer Top 1000, third fastest growing privately owned software company in NC as named by Inc. Magazine, and recognition on the Inc. 5000 list of fastest growing companies.
For a full list of Triangle Business Journal winners, Click here.
Brooks Bell Founder Launches HUB Raleigh Incubator Space for Startups
Brooks Bell has unveiled HUB Raleigh, a 10,000-square-foot incubator for “purpose-driven, high-impact” entrepreneurs. The HUB was created to tackle several problems faced by Raleigh entrepreneurs, including lack of flexible office space, lack of community, and lack of recognition and awareness nationally. It includes six offices for startups, a co-working space with 18 desks, two conference rooms, a community area with an informal meeting space and a business center. The HUB, located at 711 Hillborough Street, is part of a global network of 25 HUBs including seven in the U.S, and is the first North Carolina HUB. The HUB already has 10 companies signed up.
Learn more by visiting www.hubraleigh.com
The Four, the Merrier. EO Welcomes New Members
We are so excited to welcome four new highly-driven, innovative members to EO. Todd Atlas started Soundpure, an online marketplace for audio recording equipment and guitars, as a student at Duke University and has since grown his business to 18 employees. He’s currently working on his second business using funding generated from Soundpure. Jude Tallman, founder of temp staffing agency Spec Personnel, recently moved to the RTP area from Connecticut, where he was also an EO member. He has grown his business to include 20 employees in several different offices. GrassRoots Biotechnologyfounder Doug Eisner has grown his biotechnology company to 20 employees. The company, based in Durham, specializes in licensing technologies to seed companies. Last but not least, Maria Kingery brings a wealth of entrepreneurial experiences. As co-founder of Southern Energy Management, a 55-person energy efficiency, solar power and green building consulting firm, Maria believes she is at a place where she could benefit from EO membership.
Bronto's 2012 Holiday Resource Center
Bronto Software’s 2012 Holiday Resource Center, unveiled in August, can help retailers and commerce marketers stay ahead of their competition this holiday season. The center was unveiled as a resource where retailers can go to get ideas and insights into past holiday performance and top marketing advice for the upcoming holiday season.
Alumni of EO Organization Feel the Entrepreneurial Spirit
At least six local startups have been founded or co-founded by alumni of Bronto Software, including three that were created by a two-person team of alums.
Read More HERE
#1 Citrix: Best Places to Work
Our EO business owners know their employees are one of their company’s most valuable assets, and making their company’s work environment a place employees want to come to work is critical to employee happiness and ultimately company success. That’s why we’re not surprised that Citrix has recently been recognized by the Triangle Business Journal as the #1 large company to work for in the Triangle.
To read more, click HERE.
Fuqua Entrepreneurial Feedback Opportunity
Fuqua needs a couple of EO Members to provide feedback to MBA students in the process of developing their entrepreneurial ideas. This will be a 1 ½ hour session in which student teams present or pitch their ideas to start companies to their peers in the class. The peers will be providing feedback. They also would like to have feedback from entrepreneurs. This will be all live and in class Q&A. The date and time is Oct. 4, 1:30-3:00 at the Fuqua School of Business. Please contact Patricia Thornton at firstname.lastname@example.org if interested in participating.
August Learning Event: The Freak Factor with David Rendall
Don't miss out on our exciting August learning event featuring David Rendall, author of The Freak Factor! Join us for lunch before we dive into David's presentation where he'll introduce innovative ways to bring out your full potential by focusing on your strengths instead of your weaknesses. Our event will begin at the Sheraton Imperial Hotel & Convention Center at 12:30pm on August 28th, concluding at 4:00pm.
To register click HERE or contact Lauren Marks at LEMarks0529@gmail.com
Local Entrepreneurs are Upbeat
3 EO Members Among TBJ 40 Under 40 Winners!!!
EO members Zach Clayton, Sumit Vohra and Josh Whiton have been recognized by the Triangle Business Journal’s prestigious 40 Under 40 awards. For more information on the competition and the upcoming awards ceremony, visit http://www.bizjournals.com/triangle/event/63241
Finalists for E&Y Entrepreneur of the Year: Chaz Felix & Joe Colopy
Bronto Founders, Chaz Felix and Joe Colopy have been named finalists for the Ernst & Young Entrepreneur Of The Year® 2012 Award in the Carolinas. The awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.
Read more >