Qcept Technologies: $50 million later, Atlanta startup Qcept Technologies abruptly shutters

Qcept Technologies Inc., which raised more than $50 million in venture capital, has abruptly shuttered its doors, Atlanta Business Chronicle has learned. Qcept vacated its roughly 7,000 square foot office at the Centergy building in Midtown Atlanta, without giving notice. Building management was alerted to the fact only after cleaning crews found the offices bare. Qcept CEO Michael Parides was not available for comment. Atlanta-based Qcept's technology, developed at Georgia Tech, uses a patented...