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North Carolina sees 410% increase in VC capital 2016 to 2020 – but what's the full story?


RESEARCH TRIANGLE PARK – A new report from Crunchbase finds that North Carolina is the state with the second-highest increase, on a percentage basis, in venture capital invested in startup companies, behind Michigan, between 2016 and 2020.
According to the data from Crunchbase, North Carolina firms brought in $4.1 billion in 2020, compared to $800 million in 2016, which is nearly a 410 percent increase.
Of course, Epic Games raised $1.5 billion in 2020 in one mega-round, and AvidXchange raised a combined $572 million.
Let’s not forget the rapid rise of nCino in Wilmington (now public) and other unicorns such as Raleigh-based Pendo.
Without large funding rounds, North Carolina’s totals, and its rank among the states, look a little bit different. ....

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Sheriff's Office investigating former Groveland police officer's alleged communication with minor


Sheriff’s Office investigating former Groveland police officer’s alleged communication with minor
Groveland officer resigned when alerted to internal investigation
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GROVELAND, Fla. – A Groveland police officer has resigned following an internal investigation into his inappropriate communications with a minor, according to Groveland city officials.
The department became aware of allegations against the officer on May 18 regarding his communication with a juvenile and Police Chief Shawn Ramsey immediately started an internal investigation for possible misconduct. When the officer was notified of the investigation he submitted his resignation with the Groveland Police Department, according to the city.
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