By Katharine Grayson, Minneapolis-St.Paul Business Journal
“Compellent Technologies Inc.’s stock was up more than 14 percent in afternoon trading Friday, a surge sparked by a bidding war over one of the company’s competitors, 3Par Inc.
Via Minnov8
“Our Startup Spotlight guest this week is Matthew Foust from Audiofile Engineering in Minneapolis.
Matt and Evan Olcott (his co-founder) established Integral Studio in 2000 and Audiofile Engineering in 2004 to concentrate on Mac-based audio tools for the audio industry as well as awesome iPhone/iPad/iPod-Touch tools like FiRe (Field Recorder).”
Steve Mercil is the CEO of RAIN Source Capital, a multi-state network of angel investment funds that he founded in 1998. Steve is also Treasurer of the Angel Capital Association (ACA) and Chairman of the Board of Directors with the National Association of Seed & Venture Funds (NASVF).
RAIN Source Capital currently oversees 23 funds across six states with approximately $20 million in committed capital from around 450 individual angels. Since inception, the firm has funded over 70 startups for which RAIN Source raised a cumulative $150m.
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