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News & Announcements

10/28/2014 – TEDCO Invests $1.4 Million in 14 Maryland Startups

The Maryland Technology Development Corporation (TEDCO) announced today that 14 companies have received a total of $1.4 million in funding from the organization’s Technology Commercialization Fund (TCF) since January 2014.

10/20/2014 – McLean-Based ID.me Acquires Student Shopping Portal Perkla

ID.me, a McLean-based developer of secure digital ID cards designed to let users prove their identity online, said on Monday it has acquired New York-based Perkla, developer of an online shopping portal for students.

10/20/2014 – Genacast Ventures and Core Capital Leads $2.5M Series A For STAQ

STAQ Inc., which makes ad operations more efficient by unifying ad technology through reporting, connections and integrations, today closed a $2.5 million Series A round of institutional financing led by lead by Genacast Ventures and Core Capital. Other investors include Kinetic Ventures, Revel Partners and The Hive, which also provided STAQ’s seed round funding of $1.1 million.

10/15/2014 – EverTrue scores $8 mln Series B

EverTrue (www.evertrue.com), a social donor management platform, today announced $8M in Series B funding led by Bain Capital Ventures, with participation from Silicon Valley Bank.

10/15/2014 – Welltok Raises $25 Million to Optimize Consumers' Health

Welltok, developer of the CafeWell Health Optimization Platform(TM), announced it closed on $25 million of a planned $37 million funding round led by Bessemer Venture Partners (BVP).

10/14/2014 – Chevy Chase-Based TDF Ventures Invests in Stellar Loyalty

TDF Ventures, a Chevy Chase-based venture capital firm focused on early-stage technology startups, said it has invested in Silicon Valley-based Stellar Loyalty, a developer of big data customer loyalty tools, as part of that company's $5 million first round.

10/13/2014 – Zayo is set to IPO this week. That’s great news for Columbia Capital.

Zayo Group Holdings Inc., a Boulder, Colorado-based provider of telecom infrastructure and services, is expected to go public this week.

10/13/2014 – AllStar Deals Closes on $5.1 Million

AllStar Deals Inc. has raised $5.1 million from two investors via sale of shares and and convertible preferred shares, according to an SEC filing.

10/13/2014 – Cooley, Baker, Wilson Advise NetScout on $2.6 Billion Danaher Deal

A trio of firms advised Westford, Mass.-based NetScout Systems Inc. in its plans to acquire the communications business of Danaher Corp. for 62.5 million shares of common stock, valued at $2.6 billion.

10/13/2014 – Startup Zoomdata Raises $17M to Push Real-Time “Sharpening” Approach to Big Data

Big data analytics startup Zoomdata announced a $17 million Series B funding round led by Accel Partners. The two-year-old Reston, Virginia-based startup specializes in providing what it describes as extremely fast big data exploration and visualizations.

10/09/2014 – MOVE Guides Announces $8.2 Million Series A Funding from New Enterprise Associates (NEA) and Notion Capital

MOVE Guides announced today that it has closed $8.2 million in Series A funding led by New Enterprise Associates (NEA).

10/07/2014 – SolidFire Lands $82 Million to Expand Flash Memory in Data Centers

The round, which is a Series D, brings the total raised by SolidFire to $150 million.

10/07/2014 – Meet the 8 Startups Getting Grants from the Digital DC Tech Fund

Last night at the DC Tech Meetup, DC Mayor Vincent Gray announced the winners of grants from the Digital DC Tech Fund.

10/06/2014 – Used-car marketplace Beepi raises $60 million in Series B funding

Investors made a $60 million infusion on used-car marketplace Beepi Inc., betting that people will skip test drives when they buy pre-owned vehicles on the Internet.

10/06/2014 – Walter Isaacson to Keynote Capital Connection November 4th

The New Capital Connection “Engineered for Growth” welcomes CEO & President of the Aspen Institute, former CEO of CNN, and Noted Biographer

10/06/2014 – Zoomdata Raises $17 Million for Fast Exploration of Big Data

Reston based Zoomdata has raised $17 million in its Series B to help customers tackle big data.

10/03/2014 – Insightpool nabs $4 mln Series A

Insightpool, an audience cultivation and conversion platform, today closed $4 million in a Series A round of financing.

10/01/2014 – Ignyta Secures $31M Term Loan Facility From Silicon Valley Bank

Ignyta, Inc. (Nasdaq: RXDX), an oncology precision medicine biotechnology company, announced today that it has secured a $31 million term loan facility from Silicon Valley Bank.

10/01/2014 – Montreal’s Beyond the Rack Secures $10 Million Facility from Silicon Valley Bank

Montreal ecommerce fashion retailer Beyond the Rack has secured a debt financing facility from Silicon Valley Bank for $10 million.

09/30/2014 – Alimera Sciences Receives $25 Million Advance from Hercules Technology Growth Capital

Alimera Sciences, Inc. ALIM, +0.00% (Alimera), a pharmaceutical company that specializes in the research, development and commercialization of prescription ophthalmic pharmaceuticals, announced today that it has received a $25 million advance from Hercules Technology Growth Capital, Inc. HTGC, -3.27% (Hercules).

09/30/2014 – ChromaDex Secures $5.0 Million in Growth Capital Financing from Hercules

ChromaDex Corp. (OTCQB: CDXC), an innovative natural products company that provides proprietary ingredients and science-based solutions to the dietary supplement, food and beverage, cosmetic and pharmaceutical industries, announced today that it closed on a $5.0 million growth capital debt financing from Hercules Technology Growth Capital HTGC, -3.27%.

09/30/2014 – TransEnterix Secures $25MM from Oxford Finance, Silicon Valley Bank

TransEnterix, Inc. has expanded its existing agreement with Oxford Finance LLC and Silicon Valley Bank to provide for up to $25.0 million in growth capital.

09/30/2014 – Industry Ventures closes $170 mln for fund of funds

San Francisco-based Industry Ventures has raised $170 million for its latest fund of funds, Industry Ventures Partnership Holdings III.

09/30/2014 – AnyPresence lands $6M to expand its mobile back-end platform, push into new areas

AnyPresence, whose platform allows enterprises to both deploy their own apps and foster their own developer ecosystems, announced on Tuesday a $6 million raise led by CNF Investments.

09/26/2014 – Arlington-Based In-Q-Tel Invests in MemSQL

In-Q-Tel (IQT), the Arlington-based venture fund backed by the CIA, said it has invested in San Francisco-based MemSQL, a provider of big data analytics based on a distributed in-memory database.

09/24/2014 – CohnReznick LLP and Watkins Meegan LLC Announce Plans to Combine Firms in November Combined Firm will have Approximate Annual Revenues of $600MM

CohnReznick LLP, one of the top accounting, tax, and advisory firms in the U.S., and Bethesda-based accounting, tax, and consulting firm, Watkins Meegan LLC, have signed a letter of intent to combine practices, expected to be effective on November 1, 2014.

09/23/2014 – Baltimore-Based Apkudo Lands Investment from In-Q-Tel

Apkudo, a Baltimore-based developer of analysis technologies designed to test pre-release mobile devices, said on Tuesday it has landed a new investment from In-Q-Tel (IQT), the Arlington-based venture fund backed by the CIA.

09/23/2014 – Chevy Chase-Based NEA Leads $3 Million Seed Round for Branch Metrics

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, said on Tuesday it has led a new $3 million seed round for Branch Metrics, a Silicon Valley-based developer of mobile software focused on deep linking technology.

09/23/2014 – CIT Invests in Blacksburg-based Biotherapeutics Inc.

The Herndon-based Center for Innovative Technology (CIT) said on Tuesday it has invested an unspecified amount in Blacksburg-based Biotherapeutics Inc. (BTI), a developer of therapeutics to treat inflammation and diabetes. CIT made the investment through its GAP Funds, a family of seed- and early-stage investment funds targeting Virginia-based technology, life science and clean tech companies.

09/08/2014 – MAVA Announces CEOs James Foster and Dan Berger to Speak At TechBUZZ Georgetown on September 19th

MAVA today announced two Keynote Speakers, CEOs James Foster of ZeroFOX and Dan Berger of Social Tables, who will join the program during TechBUZZ Georgetown 2014.

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