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Check back regularly for news, coverage, and announcements about MAVA.


News & Announcements

02/20/2013 – A look at Mandiant, allegations on China hacking

A private technology security firm described in extraordinary detail efforts it blamed on a Chinese military unit to hack into 141 businesses, mostly inside the U.S., and steal commercial secrets. China denies the claim. A look at the company, Mandiant, and why its report is significant:

02/20/2013 – TVU Networks Secures Significant New Round of Investment Funding

New Round of Financing from SoftBank Ventures Korea, Altos Ventures, and New Atlantic Ventures Will Drive Innovation in IP-Based Video, Expand Global Market Presence

02/20/2013 – Herndon-Based Endgame Names Paladin Veteran as Chief Strategy Officer

Endgame, a Herndon-based developer of real-time analytics platform for federal defense and intelligence clients, on Wednesday named Niloofar Razi Howe as its chief strategy officer. Howe, most recently managing director at DC-based Paladin Capital Group,

02/19/2013 – New Enterprise Associates Leads $8.2M Series A For Stormpath

Stormpath, the first easy, secure user management and authentication service for developers, today announced it closed $8.2 million in Series A financing. New Enterprise Associates and Pelion Venture Partners led the round, with participation from Flybridge Capital Partners.

02/19/2013 – FCEDA worked with 186 businesses adding 8,438 jobs to the county in 2012

The Fairfax County Economic Development Authority (FCEDA) said on Tuesday it worked with 186 businesses that added 8,438 jobs to the county's economy last year.

02/18/2013 – Grotech VC offers seven lessons on entrepreneurship “from the dark side”

Don Rainey, a former entrepreneur, says his 12-years “on the dark side” as a venture capitalist, have taught him a handful of lessons that still serve him daily, among them, answers to those questions and others.

02/15/2013 – Dominick Murray Confirmed as New Secretary of Maryland DBED

Dominick Murray, who once led Baltimore City's economic development efforts, has been unanimously confirmed to become the new secretary of the Maryland Department of Business and Economic Development (DBED).

02/14/2013 – eBay Inc. and IDA Ireland Announce Creation of 450 New Jobs in Dundalk

An Taoiseach, Mr. Enda Kenny T.D., together with Minister for Jobs, Enterprise and Innovation Mr. Richard Bruton T.D., today announced 450 high quality new jobs by eBay, Inc., the world’s leading provider of online marketplaces and payment services. Based at an Operations Centre in Dundalk, this is supported by Department of Jobs, Enterprise and Innovation through IDA Ireland.

02/14/2013 – Higher Logic Announces Connected Community Platform Expansion to Franchises

Higher Logic, announces the Connected Community Platform expansion into the franchise market for 2013.

02/14/2013 – DC-Based Quad Learning Raises $11 Million, New Atlantic Ventures and New Enterprise Associates were major participants ; Founded By Phil Bronner, former general partner of Novak Biddle Venture Partners

Quad Learning, a DC-based education startup aiming to help students obtain bachelor's degrees at a lower cost by linking together community colleges and four-your universities, said on Thursday it has raised $11 million in a combined seed and first round.

02/14/2013 – WealthEngine named as First Round of Presenters at Southeast Venture Conference

The Southeast Venture Conference, an annual event highlighting promising technology startups in the Southeast and Mid-Atlantic regions, has announced its first round of companies selected to present, including two each from Virginia, DC and Maryland.

02/13/2013 – Conferencing calling made easy by free online tool – Speek!

Interested to know about an easy to use, No Bridge/PIN requiring conference call tool? Check out Speek[.com]!

02/13/2013 – WealthEngine Releases New Report Showcasing Best Fundraising Practices for Advocacy and Community Organizations

WealthEngine™, Inc., the leading provider of sophisticated wealth identification and prospect research solutions, announced today the release of a report, Best Practices for Fundraising for Advocacy and Community Organizations, that provides nonprofits with actionable best practices for raising funds via campaigns, annual giving, major gifts and social media.

02/13/2013 – Vision Chain Changes Name to Orchestro, Names PV Boccasam As CEO

Vision Chain, a DC-based provider of services designed to help brands make better supply chain decisions using big data, said it has changed its name to Orchestro and appointed PV Boccasam, a general partner at Novak Biddle Venture Partners, as its new CEO.

02/12/2013 – IntroHive reaps talent from a Salesforce buyout

Corporate networking startup IntroHive has recruited three former executives to its team, beefing up its sales and marketing presence after landing a nearly $2 million Series A funding round in December.

02/12/2013 – Mitre’s Ben King, James Tolbert, Nickyra Washington Win STEM Awards

Mitre Corp. engineers Ben King Sr., James Tolbert II and Nickyra Washington each won awards at a global conference in Washington Feb. 7 through 9 focused on global competitiveness in science, technology, engineering and math.

02/08/2013 – DC-Based Venable Hires Former FCC Cybersecurity Official

Looking to bolster its communications and cybersecurity law practice, DC-based law firm Venable has hired former Federal Communications Commission (FCC) official James Arden Barnett Jr.

02/07/2013 – In-Q-Tel-backed Cloudant receives investment from Samsung Ventures

Samsung Ventures, the venture capital arm of Korean electronics giant Samsung, has made an investment of undisclosed amount in Cloudant, a Boston-based provider of database services.

02/07/2013 – Former New Enterprise Associates’ Bryan Lamkin joins Adobe Systems

San Jose-based Adobe Systems, the large developer of web publishing software, on Thursday named Bryan Lamkin as its senior vice president of corporate development.

02/07/2013 – Database tech firm Basho gets funding from Tokyo Electron Device

Basho Technologies of Cambridge, maker of a NoSQL cloud database that aims to serve data-intensive Web and mobile applications, said Thursday it has reached a distribution agreement with Tokyo Electron Device and received a strategic equity investment from the Japanese technologies firm.

02/06/2013 – Jones Lang LaSalle expands its Dallas retail division

Jones Lang LaSalle is expanding its retail division in Dallas, as well as other selected markets in the country, to support the growing business.

02/06/2013 – Baltimore-Based JMI Equity Invests in WhiteHat Security

JMI Equity, a Baltimore-based investment firm focused on the software, Internet, business services and healthcare IT markets, said it has made a new investment in Silicon Valley-based web security technology firm WhiteHat Security, as part of that company's new $31 million round of funding.

02/06/2013 – Sonatype Named SIIA Content CODiE Award Winner for Best Governance, Risk and Compliance Solution

Sonatype, the leader in Component Lifecycle Management (CLM), today announced that Sonatype CLM was named a winner for the 2013 SIIA CODiE Awards for Best Governance, Risk and Compliance Solution.

02/04/2013 – DLA Piper sees boost in revenue, profits per partner

Law firm DLA Piper posted a nearly 9 percent increase in revenue last year, according to a legal industry trade publication.

02/04/2013 – CIT Invests $100,000 in Reston-Based Kaprica Security

The Herndon-based Center for Innovative Technology (CIT) said on Monday it has invested $100,000 in Reston-based mobile security startup Kaprica Security, developer of a smartphone charger providing security for Android devices.

02/01/2013 – NEA expands its footprint

New Enterprise Associates Inc. is likely to open a Boston office within the next half a year, General Partner David Mott told the Boston Business Journal.

02/01/2013 – New Atlantic Ventures, Kinetic Ventures To Receive InvestMaryland Funds

Governor Martin O'Malley and Peter Greenleaf, chairman of the Maryland Venture Fund Authority (MVFA), announced on Thursday that New Atlantic Ventures and Kinetic Ventures have been selected to receive funds through the state's $84 million InvestMaryland program.

02/01/2013 – Jones Lang LaSalle: Ravens will win Super Bowl

Commercial real estate firm Jones Lang LaSalle and its executive chairman Roger Staubach are predicting the Baltimore Ravens will win this year's Super Bowl.

01/31/2013 – NEA-backed Braintree’s New Payments Layer Lets Users Sign Up For Apps Without Re-Entering Their Credit Card Data

Braintree, an Accel and NEA-backed payments company that’s now processing more than $6 billion a year, is launching a new payments layer that lets users sign up to pay for goods and services without having to re-enter their credit card details.

01/31/2013 – Two Venture Capital Firms Tapped to Receive InvestMaryland Funds

Governor Martin O’Malley and Peter Greenleaf, chairman of the Maryland Venture Fund Authority (MVFA), today announced that New Atlantic Ventures and Kinetic Ventures have been selected to receive funds through the State’s $84 million InvestMaryland program.

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