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News & Announcements

07/30/2014 – Ulthera, Merz Finalize Acquisition Deal

Mesa, Arizona-based Ulthera, which makes aesthetic medicine medical devices for face and neck lifts, is now part of Merz, after regulatory approvals by the U.S. Federal Trade Commission and the U.S. Department of Justice, the companies said Tuesday.

07/29/2014 – Next-Gen Software Platform IIX Raises $10.4 Million

Niagara-based International Internet Exchange (IIX Inc.), a next-generation software and interconnection platform designed for enterprises, content providers, cloud providers and other network operators, has raised $10.4 million in venture capital.

07/27/2014 – Amedica reaches $26 million funding, debt financing agreement

Amedica Corporation announced it has secured up to $26 million in additional funding.

07/25/2014 – Remote tech support company iTOK raises $18M in equity funding

Lehi-based iTOK, a remote technology support company for individuals and small businesses, announced a Series B $18 million round of equity financing.

07/24/2014 – Decision Lens Secures $6.5 Million in Funding to Continue Record-Breaking Growth

Decision Lens, the leading provider of Strategic Prioritization and Resource Optimization solutions, announced today the completion of a $6.5 million funding which included a $4.4 million Series-A Preferred round led by Vision Thinkers, LLC and $2.1 million in debt.

07/24/2014 – Movius grabs $13 mln in round led by PointGuard Ventures

Movius Interactive Corp. has received $13 million in funding.

07/23/2014 – Beanstalk Raises $2 Million in Seed Funding to Simplify Taxes

Beanstalk, an online SaaS-based tax platform for small-to-medium sized businesses and their advisors, announced today that it has raised $2 million in seed funding led by leading venture capital firm New Enterprise Associates (NEA), with participation from EPIC Ventures, Deep Fork Capital, and former Wall Street executive and investor Jim Engebretsen.

07/22/2014 – Synlogic raises $29.4m to help develop synthetic biology platform

Synlogic Inc. said Tuesday that it has raised $29.4 million in a Series A financing led by Atlas Venture and New Enterprise Associates.

07/21/2014 – Cerecor raises $32 million to develop drug that treats severe depression

Baltimore biopharmaceutical firm Cerecor Inc. has raised $32 million in a Series B fundraising round led by New Enterprise Associates, Apple Tree Partners and MPM Capital.

07/17/2014 – Multiplier Capital, LP closes first fund at $227 million

Multiplier Capital, a venture debt fund with established excellence in growth capital lending, today announced the final closing of its first fund, Multiplier Capital, LP, with investable capital of approximately $227 million.

07/17/2014 – BetterDoctor Closes $10 million Series A led by New Enterprise Associates

Promising news for any unlucky american in immediate need of a doctor: BetterDoctor, the San Francisco based healthcare tool and online doctor search service, has closed a $10 million Series A funding round led by New Enterprise Associates and participated by existing investors including SoftTechVC and Finnish venture capital firm Lifeline Ventures.

07/17/2014 – Baltimore-area companies raise $29.5M in venture capital during second quarter

Baltimore-area companies took home 12 percent of the money venture firms invested in the Baltimore-Washington, D.C., region in the second quarter.

07/17/2014 – Latisys Positioned in New Gartner Magic Quadrant for Cloud-Enabled Managed Hosting, North America

Company Achieves First Ever Placement, Based on Completeness of Vision and Ability to Execute

07/15/2014 – Motionsoft, maker of fitness club software, raises $10M Series B

Motionsoft, which sells check-in, billing and other management software to fitness clubs, on Tuesday announced a $10 million Series B funding led by Alexandria-based Route 66 Ventures.

07/14/2014 – Edison Ventures Changes Name to Edison Partners

Edison Ventures, the New Jersey-based venture capital firm with offices in McLean, said on Monday it has changed its name to Edison Partners.

07/02/2014 – Paladin Capital Group Appoints Former NSA Executive Chris Inglis

Paladin Capital Group is pleased to announce that the former Deputy Director of the NSA Chris Inglis has joined Paladin as a Venture Partner.

07/01/2014 – Acentia Subsidiary Awarded IRS Data Systems Support Contract

An Acentia subsidiary has won a five-year, $68 million contract to provide information technology services to the Internal Revenue Service‘s data delivery organization.

06/27/2014 – Pharmacy Pricing & Benefits Analysis Platform Truveris Raised Another $12.75M

Truveris, a leading platform for pharmacy pricing and benefits analysis, today announced it raised $12.75 million in a Series C Round financing.

06/26/2014 – BlockScore Lands $2M In Funding For Making I.D. Verification Easier

In 2012, about 7 percent of all people aged 16 or older in the U.S. experienced identity theft, with their financial losses totaling $24.7 billion. Christopher Morton is familiar with the crime because in 2007, he had his identity stolen.

06/25/2014 – Optoro Wins NVTC Hottest VC Deal Award

The Northern Virginia Technology Council (NVTC) honored Optoro with the Hottest VC Deal award at their annual Hot Ticket Awards.

06/24/2014 – RedOwl Analytics Announces $4.6 Million of New Funding

RedOwl Analytics, a company that applies analytics to internal corporate data streams for proactive risk oversight, announced the closing of their Series A financing with $4.6 million of new funding.

06/24/2014 – SIM Partners Secures $8M in Series A Funding

SIM Partners said that it has raised $8M in Series A funding led by River Cities Capital Funds and Jump Capital.

06/23/2014 – Scivantage Raises $20M to Fuel Continued Growth and Product Innovation

ORIX Ventures, Comerica Bank, BBH Capital Partners and Edison Ventures Lead Latest Round to Support Client Demand and Strategic Partnerships

06/23/2014 – EY Announces EdgeConneX CEO Randy Brouckman Is an EY Entrepreneur Of The Year™ 2014 Award Winner in Greater Washington

Award Recognizes Entrepreneurial Excellence in Technology and Biotechnology Category

06/20/2014 – Ernst and Young Entrepreneur of the Year Awards Greater Washington Revealed: ECS Federal, Matchbox Among Winners

To the tune of a live jazz band playing the Daft Punk song “Get Lucky”, the 2014 Ernst and Young Entrepreneur of the Year Awards of Greater Washington winners were last night unveiled at the Ritz Carlton Tysons Corner

06/17/2014 – River Cities Capital Funds leads an $8M tech round

River Cities Capital Funds, a national venture capital firm that splits its headquarters between Cincinnati, Ohio and Raleigh, led an $8 million investment round in social marketing automation firm SIM Partners.

06/17/2014 – VeloCloud Networks Announces $21 M in Funding Led by NEA, Venrock and The Fabric

VeloCloud Networks, Inc., a pioneer in Cloud-Delivered WAN, today announced it has raised $21 million in funding led by leading venture capital firms New Enterprise Associates (NEA) and Venrock as well as incubator firm, The Fabric.

06/17/2014 – Oxford Finance Closes $6.1 Million Senior Credit Facility with Synergy Health Centers

Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced that a $6.1 million round of financing was provided to Synergy Health Centers ("Synergy").

06/17/2014 – MEDIA ADVISORY: 20 Startups to Present at TechBUZZ Summer 2014

300+ angel and venture investors, corporate partners, entrepreneurs and business advisors will gather to see 20 technology or tech-enabled companies present their innovative businesses at the Mid-Atlantic Venture Association’s (MAVA) TechBUZZ for summer 2014.

06/16/2014 – MAVA Announces CEOs Blake Hall and James Quigley to Speak at TechBUZZ Hosted at AOL Fishbowl

MAVA today announced two Keynote Speakers, CEOs Blake Hall of ID.me and James Quigley of Canvas, to join the program during TechBUZZ-Summer 2014.

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