Kentucky Startup Blog written by Richard Stump

New Funding

November 25, 2008

 

We want to congratulate the following companies on closing funding with the Kentucky Enterprise Fund.  In each case the total raise is at least double the KEF funding as that is a requirement.

 

The following companies received investments:

  • Conexxus, LLC, Louisville, KY, (profiled here previously) developer of compliance management software for Sarbanes Oxley and the Bank Secrecy Act, awarded a $500,000 investment.
  • Global Shelter Systems, LLC, Ft. Thomas, KY, developing innovative force protection solutions for military, homeland security, and disaster relief markets, awarded a $500,000 investment.
  • GreenerWay, LLC, Louisville, KY, (profiled here) developer of energy monitoring and management solution for energy conservation, awarded a $250,000 investment.
  • IF Technologies, LLC, Lexington, KY, developer of software providing independent, current, and understandable information on healthcare quality and cost, awarded a $250,000 investment.
  • Resonant Vibes, LLC, Louisville, KY, providing an online community for electronic music artists and enthusiasts to create, buy, sell, and communicate electronic music interests, awarded a $350,000 investment.
  • Scout Diagnostics, LLC, Lexington, KY, developing a diagnostic to detect early-stage Alzheimer’s disease, awarded a $500,000 investment.
  • SinglePipe Communications, Inc, Louisville, KY, putting cable and broadband companies into the VoIP business, awarded a $350,000 investment.