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News & Announcements

09/04/2014 – Mobile ad startup xAd raises $50M from IVP, others

Mobile ad startup xAd raised $50 million in combined equity and debt financing as it takes geomarketing hyperlocal, right down to where a device is being used.

09/03/2014 – Continuity Control fetches $10 mln

Continuity Control, a New Haven, Conn.-based provider of a compliance management system for community financial institutions, announced today that it has raised $10 million in growth funding to continue extending its industry-leading technology platform and regulatory intelligence.

09/03/2014 – HomeAdvisor Acquires a Majority Stake in Mhelpdesk

HomeAdvisor, a leading marketplace for connecting homeowners with local home service professionals and an operating business of IAC (NASDAQ: IACI), announced today that it has acquired a majority stake in Mhelpdesk, a cloud-based workflow application that helps small to medium-sized field service businesses streamline their operations.

09/02/2014 – 20 Companies Announced to Take the Stage at TECHBUZZ Georgetown

Ranging in development from nascent to seed stage, the startup companies presenting at TechBUZZ Georgetown reflect the strength of the Mid-Atlantic as the birthplace of game-changing innovations.

08/29/2014 – SVB, Oxford Finance to Provide $16MM Term Loan to HTG Molecular

HTG Molecular Diagnostics ("HTG") announced that it has closed a growth capital term loan facility with Silicon Valley Bank and Oxford Finance (SVB/Oxford).

08/27/2014 – Travel startup GoEuro raises $27 mln

New Enterprise Associates has led a $27 million Series A funding round in Berlin-based travel planning startup GoEuro.

08/27/2014 – Pritok Capital snags $12.4 mln from Oxford Finance

Pritok Capital, a private equity firm that invests in senior care real estate, has received a $12.4 million loan from Oxford Finance.

08/27/2014 – GOMOTO CLOSES SEED FINANCING ROUND AND APPOINTS FORMER EDMUNDS CEO/CHAIRMAN TO ADVISORY BOARD

GoMoto, a startup that establishes experiential automotive displays and test drive centers, where car buyers can cross-shop multiple brands in one location outside the dealership, announces the completion of their $700,000 seed financing round and the appointment of former Edmunds CEO, Jeremy Anwyl, to its advisory board.

08/26/2014 – Betterific Puts First Product On Shelf

Betterific, the crowdsourced ideation company, announced recently the first product to come out of its platform: tags on fitted sheets to show which side of the sheet fits which side of the bed.

08/25/2014 – Square 1 Bank lends $7.5M to Durham's Heat Biologics to test cancer therapy

A Durham-based drug developer could borrow up to $7.5 million from a Durham-based bank.

08/25/2014 – Vagabond Raises $550K In Seed Equity And Debt Financing

Vagabond, a cloud-based mobile software and vending management solutions (VMS) provider, has closed $550K in seed financing to execute additions to its product portfolio that include the Insight telemetry hardware and M2M network communications services.

08/22/2014 – Square 1 Bank Provides $1MM Facility to Position2

Square 1 Bank announced that it has provided a $1 million credit facility to new client Position2, a full-service, digital marketing firm that delivers continuous growth for its customers through high performance search, social media, and content marketing.

08/21/2014 – Baltimore's JMI Equity Closes New $1 Billion Investment Fund

JMI Equity, a Baltimore- and San Diego-based private equity firm focused on software and services companies, said on Wednesday it has closed a new $1 billion fund.

08/20/2014 – TEDCO establishes $1M fund for cybersecurity startups

The Maryland Technology Development Corp. has established a $1 million fund to invest in startups launching new cyber security technologies, officials announced Wednesday.

08/19/2014 – diaDexus Secures $15MM Term Loan From Oxford Finance

diaDexus, Inc., a commercial stage developer of proprietary cardiovascular diagnostic products, today announced it has entered into a $15 million senior secured term loan with Oxford Finance.

08/19/2014 – Oxford Finance Closes $10 Million Debt Facility with Senseonics

Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced the closing of a $10 million senior secured term loan agreement with Senseonics, Incorporated ("Senseonics").

08/16/2014 – CIT GAP Funds invests in CargoSense

The Center for Innovative Technology (CIT) announced this week that its CIT GAP Funds closed an investment in CargoSense, a Reston-based startup offering a big data and analytics product to healthcare logistics providers.

08/16/2014 – CIT GAP Funds invests in PhosImmune

The Center for Innovative Technology (CIT) announced this week that it closed an investment in PhosImmune, a Charlottesville-based clinical-stage biotechnology company developing therapeutic cancer vaccines.

08/12/2014 – Bravo Wellness grabs $22 mln from ABS Capital

Bravo Wellness, a provider of wellness programs, said Tuesday that it has raised $22 million in Series A funding from ABS Capital Partners.

08/12/2014 – Windsor Circle raises $5.25 million

E-commerce technology company Windsor Circle has raised $5.25 million in new funding to further capitalize on the traction it is gaining among online retailers.

08/11/2014 – Canvas Integrates With Cloud Apps To Replace Paper Forms Everywhere

Remember that vision of the paperless office? Twenty years ago futurists regaled us with prophesies of a time when the office would be completely electronic and automated.

08/06/2014 – Rapt Media rocks $3.1M from Boulder Ventures

Interactive video solutions provider Rapt Media announced on Tuesday that it has closed $3.1 million in venture financing, led by Boulder Ventures Ltd. The latest round brings Rapt’s total funding to $7.5 million.

08/05/2014 – Scytl Closes $104M To Step Up Growth Of Its Electronic Voting Platform

Electronic voting company Scytl — whose name is pronounced ‘sight-el’ not ‘skittle/scuttle’ in case you’re wondering — has closed off a $104 million Series C funding round, with a $44 million tranche announced today.

08/05/2014 – Bitglass raises $25 mln in Series B funding

Data protection business Bitglass has raised $25 million in Series B funding. New investors include a large global bank and SingTel Innov8, the venture arm of SingTel Group.

08/04/2014 – Silicon Valley Bank Gives Altitude Digital $7M Credit Facility

Altitude Digital, a Denver-based video and display advertising supply-side platform (SSP), on Monday announced it has closed a credit facility deal with Silicon Valley Bank worth $7 million.

08/04/2014 – Vy Capital, Adams Street, Industry Ventures invest $44 mln in Scytl

Election modernization company Scytl has secured an additional $44 million from Vy Capital, Adams Street Partners and Industry Ventures under a funding round initiated in April 2014.

08/01/2014 – Celladon Corporation Secures $25 Million Credit Facility From Hercules Growth Capital

Celladon Corporation CLDN, -0.51% a clinical-stage biotechnology company applying its leadership position in the field of gene therapy and calcium dysregulation, today announced that it has entered into a credit facility with Hercules Technology Growth Capital, Inc. HTGC, -0.69% and its affiliate lenders. The credit facility provides for up to $25 million of loans.

07/31/2014 – NextNav Raised $70 million Series D Financing for U.S.-Wide Indoor Nav

Indoor location provider NextNav has closed last week a $70 million Series D round of financing led by New Enterprise Associates (NEA) and Oak Investment Partners, who were joined by existing investors Columbia Capital, Telcom Ventures and Goldman Sachs Investment Partners.

07/31/2014 – Acentia company wins $97.2M to support NOAA satellite and product office

2020 Company LLC has won a five-year, $97.2 million contract to provide program management, systems engineering and operations and maintenance services to the National Oceanic and Atmospheric Administration.

07/31/2014 – Fate Therapeutics Secures Up to $20 Million in Debt Financing

Fate Therapeutics, Inc. a biopharmaceutical company engaged in the discovery and development of adult stem cell modulators to treat orphan diseases, announced today that it has completed a long-term debt financing of up to $20 million with Silicon Valley Bank.

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