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Intervolve names CEO months after last hire
Intervolve, which sells software that helps beverage distributors track sales and inventory, has hired its second CEO in less than a year.
The Raleigh company named Bill Kaluza as its chief executive. He replaces Don McCall, who joined the company in June. The company said McCall left the job for personal reasons.
Kaluza, 53, co-founded Manugistics Group, a supply-chain management software company in Maryland. With his industry experience, he will help Intervolve attract private funding and customers, spokesman Charlie Mohn said.
"It comes down to having the right management team in place ... to take the company to the next level," Mohn said. Intervolve, which employs about 35, raised $2 million in financing in 2006. Mohn declined to comment on how much it is seeking now.
The company is in talks with Anheuser-Busch, the country's largest beer maker, to become a certified software vendor for more than 700 distributors of Budweiser and other beers.
Deals
Ten leading beauty and personal development businesses in the Cary area have joined forces in a new program, Partners in Beauty, that streamlines the makeover process and saves its members money. Lisa Rivoli, owner of Joule Salon, created the club.
ITT Technical Institute opened its third North Carolina college at 3200 Gateway Centre Blvd., Suite 105, in Morrisville. Classes at the new college will begin in March.
DiLeone & Associates in Raleigh changed its name to The DiLeone Law Group. The firm concentrates its practice in business, corporate and estate-planning matters.
The N.C. Technology Association changed its Web address to www.nctechnology.org.
Unique Concepts, a custom-design furniture manufacturer in Wendell, provided a custom-made judging table for Everyday Edisons, a program airing on PBS. The program features modern inventors and inventions.
Turkey producer Butterball has named Howard, Merrell & Partners in Raleigh as its public relations agent of record.
The Cabarrus County Sheriff's Office, Concord Police Department, Kannapolis Police Department, Gaston County Police Department and Harnett County Sheriff's Office have acquired the NTX-2000 drug testing instrument, made by NarTest Technologies in Morrisville.
Xerium Technologies, a Youngsville company that manufactures clothing and roll covers used in the paper production process, has begun construction of a factory in Ho Chi Minh City, Vietnam.
Serenex in Durham and nonprofit group CHDI have an agreement that allows CHDI to assess some of Serenex's products as potential therapeutics for Huntington's disease. Serenex will retain the right to develop and commercialize evaluated molecules.
UNC-Chapel Hill and the Kenan-Flagler Business School Foundation announced a $1.6 million initial closing of its first Real Estate Investment Fund. The fund is a student-run private equity fund that invests in real estate development projects. Also, its private equity fund raised $1 million and made its first investment in TransEnterix, a medical-device startup company.
N.C. Idea awarded $215,000 in grants to five early-stage companies in North Carolina: Chiliport, an audio portal that plays Web-based information over a cell phone line; CorePrognostex, a method and device for acquiring uniform collection of human tumor samples; CPS Biofuels, a system that converts waste byproducts into fuel additives; Filtara, a portable oxygen concentrator; and Size Me Up, a sizing tool for online retail shoppers.
Digital Healthcare, a Wake Forest company that specializes in retinal risk assessment for diabetics, has expanded its implementation and support operations. Terri Sterling, who has been appointed to vice president of implementation and support, will oversee Digital Healthcare's Retasure product. Maureen Bowen has been appointed to work with Retasure clients to improve workflow and identification of at-risk patients.
DNJ Mortgage opened an office in Wilmington. It also has offices in Raleigh, Greensboro, Charlotte and Colorado.
ChannelAdvisor in Morrisville extended its alliance with online discount retailer Overstock.com through Aug. 31, 2011. The alliance enables online retailers to list their merchandise and process orders placed on the Overstock.com shopping site from a single interface.
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