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News & Announcements

04/10/2013 – Chevy Chase-Based New Enterprise Associates Invests in WellTok

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, said on Wednesday it has taken part in a new $18.7 million round of funding for Denver-based WellTok, developer of the CafeWell social health network.

04/10/2013 – CIT Project to Help Improve Broadband on Native American Lands

Following a feasibility study last year highlighting the gaps in broadband availability on Native American tribal lands, the Herndon-based Center for Innovative Technology (CIT) said it has launched a project aimed at helping Virginia tribes improve broadband coverage.

04/09/2013 – Burlingame-Based Cleave Raises $10 Million from NEA

Cleave Biosciences, a Burlingame-based developer of drugs targeting difficult-to-treat cancers, said on Tuesday it has landed a new $10 million investment from New Enterprise Associates (NEA), increasing its first round to $54 million.

04/09/2013 – Columbia-Based Sourcefire Names John Becker as New CEO

Sourcefire, the Columbia-based developer of cybersecurity tools, has named John Becker as its new CEO.

04/09/2013 – Christopher College to Head Newly Launched TEDCO Capital Partners

The Maryland Technology Development Corp. (TEDCO) on Tuesday named Christopher College as managing partner for its newly established TEDCO Capital Partners, which will manage the organization's family of venture capital funds.

04/09/2013 – Employers Face Liability Risks for Distracted Driving

Aegis Mobility was founded in 2006 to address the problem of mobile phone use in vehicles.

04/08/2013 – Basho Announces Initial Speaker Line-up for RICON East, a conference dedicated to Distributed Systems, NoSQL, and Cloud Storage in New York City

Basho, the worldwide leader in distributed database and cloud storage software, announced today the initial speaker line up for RICON East.

04/08/2013 – Firm assesses employees’ relationships

A Maritime company has devised a platform that will allow businesses to take stock of their relationship capital. Introhive, a venture-funded company founded in 2012, officially launched its relationship analytics tool at a conference in San Francisco, Monday.

04/08/2013 – Speek eases conference calling hassles for Windows Phone

If that headline sounds familiar, it's because I wrote a similar one back in January about Speek for iOS. It's an app that brings conference-call creation and management to your smartphone.

04/08/2013 – Novartis to set up business services centre in Dublin

Swiss pharmaceutical company Novartis is to establish a business services centre at its Beech Hill campus in Dublin.

04/08/2013 – Introhive Delivers Industry’s First Relationship Capital Platform

Introhive, the relationship capital company, today announced the latest version of its platform.

04/08/2013 – Sixteen Area Start-Ups Selected to Highlight TechBUZZ Spring 2013

MAVA is shining the light on East Coast innovators and company-builders at its TechBUZZ Spring 2013, with a group of 16 start-ups selected to take the public stage to share their stories with investors, technology executives and fellow entrepreneurs. TechBUZZ Spring 2013 will be held at the Bethesda Blues and Jazz Supper Club on April 23.

04/04/2013 – CIT GAP Funds invests in VividCortex

Herndon-based Center for Innovative Technology said Thursday that its CIT Gap Funds has closed an investment in Charlottesville-based VividCortex.

04/04/2013 – Report: U.S. Venture Capital Fundraising May Rebound in 2013

Following a down year for U.S. venture capital in 2012, the slump in fundraising could be over, at least for some companies.

04/04/2013 – Arlington-Based In-Q-Tel Invests in Redlen Technologies

In-Q-Tel (IQT), the Arlington-based venture fund backed by the Central Intelligence Agency (CIA), said on Thursday it has invested in Canada's Redlen Technologies as part of a larger technology development deal. Financial terms were not disclosed.

04/04/2013 – Tech Companies Love Dublin's Tax Rates

Dublin’s Grand Canal Square, just south of the River Liffey, is known as Googletown.

04/04/2013 – Investment in second medical devices plant in Ireland

Significant growth in its healthcare business has prompted Nypro Healthcare in Ireland, a subsidiary of US-based Nypro (Clinton, Massachusetts; www.nypro.com) to invest in an additional manufacturing plant.

04/04/2013 – CloudeAssurance's Quarterly Independent Cloud Security Benchmark Study Names Top 10 Cloud Service Providers

CloudeAssurance, Inc. - an eFortresses Company last month released its second quarterly Cloud Security Benchmark: Top 10 CSPs and added this report to its cloud security rating system platform: CloudeAssurance. This platform enables safe and secure adoption of Cloud Computing!

04/03/2013 – BA Insight Raises $4.5 Million; Federal Offices in Reston; Osage Venture Partners and Paladin Capital Group participated

BA Insight, a New York-based developer of enterprise search technology with federal offices in Reston, said on Wednesday it has raised $4.5 million in a new round of funding.

04/03/2013 – Just how useful is Grade D.C.?

At his news conference Tuesday morning, Mayor Vincent C. Gray rolled out his latest batch of agency grades — the product of a nearly year-old partnership with local research firm newBrandAnalytics.

04/03/2013 – NEA leads $37M round in cloud startup

Chevy Chase-based New Enterprise Associates is leading a new $37 million funding round in MuleSoft, a San Francisco startup offering an extensive platform for companies who seek to integrate APIs and data from other companies, VentureBeat reported.

04/03/2013 – Maryland Tedco-backed grant awarded to music startup

An investment fund backed by the Maryland Technology Development Corp. and others has awarded a $100,000 Propel Baltimore grant to Bandhappy, which creates a marketplace where music instructors and students can connect, the Baltimore Business Journal reported.

04/03/2013 – Speek.com releases Windows 8 Phone app for easy conference calls

Speek.com, a platform for easy and visual conference calls, today announced it has launched a Windows 8 phone app for free, visual and mobile conference calls.

04/02/2013 – New Paper From Aegis Mobility Examines Employer Liability Due to Distracted Driving

Aegis Mobility, the leading provider of innovative solutions to promote safe and legal use of mobile devices while driving, released today the second edition of its white paper entitled, Employee Distracted Driving: Understanding Your Business Risk and Liability.

04/02/2013 – New BI2 Program Aims to Connect DC-Area Entrepreneurs with Government

Hoping to connect DC-area entrepreneurs with government agencies in search of national security technology, several local organizations led by Amplifier Ventures and Arlington County have teamed to launch the Ballston Innovation Initiative (BI2).

04/01/2013 – 5 Data Sources For Visualization Beginners

It's all a little overwhelming for small and midsize businesses (SMBs) that are doing little -- or nothing -- to translate "data" into "stuff that actually helps us make money." Justin Langseth, founder and CEO of data visualization startup Zoomdata, notes a growing gap between the data haves and data have-nots.

04/01/2013 – Arlington-Based In-Q-Tel Increases Investment in QD Vision

In-Q-Tel (IQT), the Arlington-based venture fund backed by the Central Intelligence Agency (CIA), said it has increased its investment in QD Vision, a Massachusetts-based maker of optical components for LCD applications.

04/01/2013 – 6 Marketplace Platforms for Local Buyers; Scoutmob featured

Scoutmob’s Shoppe: A curated marketplace for local artisans.

04/01/2013 – InvestMaryland Challenge narrowed to 9 finalists

The Maryland Department of Business and Economic Development has named three finalists in three separate categories of the final round of the InvestMaryland Challenge.

03/28/2013 – Reston-Based Updata Partners Invests in Nintex

Nintex, a Bellevue, Wash.-based provider of workflow software and cloud services, said it has landed a "significant" investment from Reston-based Updata Partners, the technology-focused venture capital firm, and TA Associates.

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