Southern Capitol raises second fund

Southern Capitol Ventures, a Raleigh firm that backs technology and life sciences start-ups in the Southeast and mid-Atlantic regions, has raised a second fund of $15.1 million, according to The News & Observer. Among investors, according to the article, are E. Stephen Stroud, chairman of NAI Carolantic Realty; Tom Darden, CEO of Cherokee Investment Partners; and Capitol Broadcasting CEO Jim Goodmon. Executives at the firm include Founding Partner Ben Brooks, along with General Partners Jason Caplain and Dave Murray. The firm's Web site lists seven portfolio companies, including art.com, which sells art reproductions, decorative prints and specialty posters. www.southerncapitolventures.com