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News & Announcements

03/27/2013 – Rockville's Adlyfe awarded $300,000 through InvestMaryland

The Maryland Venture Fund has awarded $300,000 to Adlyfe, a Rockville diagnostic test developer, as part of the state’s InvestMaryland program.

03/26/2013 – Booker's Mobile App For Service Businesses Reaches 16,000 Downloads

Booker (formerly GramercyOne), a service management platform (SMP) that unifies operations and automated marketing on a single cloud-based system, continues to solidify its leadership position with the success of its iPhone, iPad, and Android mobile apps.

03/26/2013 – Fleet operators urged to participate in distracted driving survey

April is National Distracted Driving Awareness Month and Aegis Mobility said it’s the ideal time to conduct its Third Annual Workplace Distracted Driving Survey.

03/26/2013 – New Enterprise Associates is not a private equity firm

Sure, New Enterprise Associates is much, much bigger than most venture capital firms. And not all of their deals fall neatly into what we think of as traditional Series A-B-C venture.

03/25/2013 – Annapolis-Based High Street Partners Raises $8 Million

High Street Partners (HSP), an Annapolis-based provider of business software and services designed to help clients expanding overseas, said on Monday it has raised $8 million in a new round of funding, led by Baird Capital. Sigma Partners and Gold Hill Capital also took part in the round, which was HSP's largest to date.

03/24/2013 – Getting real estate data is a snap with Homesnap app

Homesnap, a Washington, D.C., start-up, has developed an Apple mobile app that provides real estate information for users who are on the hunt or curious about selling -- that can be found just by snapping a photo of a house.

03/22/2013 – Boston-based Aratana Files for Initial Public Offering

Aratana Therapeutics, a Kansas City, Kan.-based biopharmaceutical company, which has a key Boston presence at The John Hancock Tower, has filed with the Securities and Exchange Commission for its initial public offering of stock.

03/21/2013 – Analysis: Private equity funds rapid growth of walk-in clinics – LLR Partners

And LLR Partners and health insurer WellPoint Inc invested last summer in 12th ranked Physicians Immediate Care, a chain of 20 urgent care clinics based in Chicago for an undisclosed sum.

03/21/2013 – Entrepreneur of the Week: John Bracken

John Bracken is a business development executive and product visionary who has a passion for building voice and web communication products.

03/20/2013 – Zendesk Invests in Europe with Dedicated Data Centre

Minister for Research and Innovation, Sean Sherlock TD, today officially launched Zendesk’s first European data centre in Dublin.

03/20/2013 – Activity Rocket is Soaring into NoVA

Two local moms were tired of scouring the internet and beyond to find extracurricular activities for their own children, and created the award-winning Activity Rocket website.

03/20/2013 – Reston-Based Uppidy Raises New Seed Funding

Uppidy, the Reston-based developer of a text message storage platform, has raised a new round of seed funding, increasing its total backing to $600,000, TechCrunch reported on Wednesday.

03/20/2013 – CIT named Julia Taxin to its CIT GAP Funds investment advisory board

The Herndon-based Center for Innovative Technology (CIT) on Wednesday named Julia Taxin to its CIT GAP Funds investment advisory board, a panel of private sector experts who guide investment decisions for CIT in Virginia tech companies.

03/20/2013 – Demand Media Takes Domain Services Business to Dublin - IDA Ireland

Demand Media® (NYSE: DMD), a leading digital media and domain services company, today announced the opening of what will be its largest international office in Dublin, Ireland.

03/20/2013 – FleetSafer Now Available on Kyocera with Sprint® Direct Connect®

Aegis Mobility, the leading provider of software to help prevent work place distracted driving, announced today that its FleetSafer®application, which promotes responsible driving, is now available on Kyocera DuraCore, DuraXT, DuraMax and DuraPlus phones with Sprint®Direct Connect®.

03/20/2013 – Basho Open-Sources Riak CS, Its Big Data Storage Software For Companies That Want Their Own Amazon S3 Cloud

Basho is open-soucing Riak CS, its storage software that integrates with Amazon Web Services. Riak CS will be available under an Apache 2 license.

03/19/2013 – Chevy Chase-Based NEA Increases Investment in MapR Technologies

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, said on Tuesday it has increased its investment in Silicon Valley's MapR Technologies, developer of an Apache Hadoop data analytics platform.

03/18/2013 – Herndon-Based YaSabe Lands $2.7 Million in Seed Funding

YaSabe, a Herndon-based provider of local and mobile search services for U.S. Hispanics, said on Monday it has raised $2.7 million in seed funding, which the company will use to bolster product development and marketing, as well as to forge new business partnerships.

03/18/2013 – NEA creates NEA Studio in New York

New Enterprise Associates has launched NEA Studio, a 12-week program program in New York for designers who create mobile and web startups.

03/18/2013 – Square 1 Bank Names Former Edison Venture Principal to Head Boston Office

Square 1 Bank, a bank that focuses on entrepreneurs and the venture capital community, has named Michael Madden as senior vice president and managing director in its Boston office.

03/18/2013 – Troop ID raises $2.1 million in VC

Troop ID has raised $2.1 million from investors including David Tisch and Mark McLaughlin, TechCrunch reports.

03/17/2013 – The Winners of Tech Cocktail’s SXSW Power Hour Pitch Jam Are…Homesnap and Speek Named Winners

Most disruptive: Homesnap (Washington, DC) and Best pitch: Speek (Washington, DC)

03/15/2013 – NEA Launches New Program for Designers in New York

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, has launched a new program aimed at designers launching mobile and web startups in New York.

03/15/2013 – DC Startup Homesnap Was Back At SXSW After Nailing Investment At SXSW 12 [video][sxsw]

Washington DC startup HomeSnap has got to be the best tool for those shopping for a new home.

03/14/2013 – Mandiant: ‘advanced attackers’ exploiting trusted supplier-client VPN

Advanced attackers are increasingly exploiting the privileged communication channels that targets give their suppliers to launch attacks, according to US security firm, Mandiant.

03/14/2013 – Chevy Chase-Based NEA Co-Leads $2.7 Million Round for DeveloperAuction

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, has co-led a new $2.7 million round of funding for San Francisco-based DeveloperAuction, the creator of an online marketplace designed to help developers find job opportunities at tech companies.

03/14/2013 – CIT will sponsor Startup Weekend events

The Herndon-based Center for Innovative Technology (CIT) said on Thursday that it will sponsor Startup Weekend events this spring in Charlottesville, Harrisonburg, Roanoke and Fredericksburg.

03/13/2013 – University chooses Canvas for its cost, ‘flexibility’

Canvas, an “open source” program created by a company called Instructure, is set to replace Blackboard in spring 2014.

03/13/2013 – Zillow challenger Homesnap declared “Most Disruptive Startup” at TechCocktail’s SXSW Showcase

Homesnap is a Washington, DC-based startup that is hoping to shake things up for home buyers by offering the first mobile-first solution in the category.

03/13/2013 – Endgame gets $23M led by Paladin Capital Group, and former NSA director

Herndon-based cybersecurity company Endgame Inc. has closed on a $23 million investment from new and existing investors, and it is getting a former National Security Agency head as a board member.

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