Business briefs

Jul. 15, 2013 @ 05:50 PM

NC’s IT job sector sees gain in June

DURHAM – Although the total number of information technology job openings was down from last year in June, the state’s IT sector saw improvement compared with May.

The 2.3 percent month-to-month expansion in June compared with May was due to hiring in financial services and banking, according to the N.C. Technology Associations “IT Job Trends” report that was prepared for the association by SkillProof.

The total number of IT job openings in June was down 15 percent compared with June of last year.

Health care-focused investment firm raise $5.1 million

DURHAM – A group of investors focused on the health care industry announced Monday that it has $5.1 million in commitments from a group of doctors, dentists, health care executives and angel investors for a new angel fund.

The investment group, Excelerate Health Ventures, plans to invest the money in fast-growing start-ups in the health care industry, with a focus on information technology, software, medical technology and associated services.

The investments for the new angel fund came from a network of physicians, dentists, healthcare executives and angel investors.

 “Finally, (the firm) has created a unique opportunity for physicians like myself, who are committed to this marketplace, enabling us to collectively bring new technologies to market and to improve the care of our patients,” Dr. Cam Patterson, the chief of cardiology at the UNC School of Medicine as well as the associate dean for health care entrepreneurship, said in a news release.

Excelerate Health Ventures’ founders, Gary Abrahams and Bobby Bahram, have been entrepreneurs and angel investors, according to the release. The two found contract resources to help with the development and support of the companies they invest in.

The venture firm has offices at the First Flight Venture Center, a technology incubator in the Research Triangle Park.