07/23/2012 – New Enterprise Associates Joins $40M Series A for Alimera Sciences
Alimera Sciences, a biopharmaceutical company specializing in the research, development and commercialization of prescription ophthalmic pharmaceuticals, has secured a $40 million Series A financing.
07/22/2012 – Reston’s Canvas has starring role in London
Last fall, James Quigley got notice that the Olympic Delivery Authority in London had signed up for a free trial of Canvas, a service that allows users to create Web applications for data collection.
07/20/2012 – Paladin Capital Group Joins $7M Series B For Racemi, along with Harbert Venture Partners
Racemi, the moving company for the cloud, announced it has closed a $7 million Series B round of venture financing to further develop and market its software for migrating workloads to cloud computing.
07/20/2012 – In the Spotlight: Neal Lieberman, Barrel of Jobs
This week's edition of In the Spotlight features Neal Lieberman, vice president of sales at the newly formed Barrel of Jobs in D.C.
07/19/2012 – CIT GAP 50 Entrepreneur Awards to Identify Virginia’s Best and Brightest Business Visionaries
The Center for Innovative Technology (CIT) launched today the GAP 50 Entrepreneur Awards, a new statewide entrepreneur award program, designed to identify and celebrate Virginia’s next generation entrepreneurs in the areas of life sciences, technology and energy.
07/19/2012 – J. Moore Partners Establishes European Headquarters in London
J. Moore Partners, the independent technology-focused bank based in San Francisco, announced its European expansion today with a new office located in London at 69 Old Broad Street.
07/19/2012 – New Enterprise Associates Leads $27M. Funding for SAY Media
SAY Media announced that it has secured $27 million in funding led by new investors New Enterprise Associates (NEA), Shea Ventures and Correlation Ventures, as well as participation from existing investors.
07/19/2012 – NEA Leads $25M Series C for Edmodo
Edmodo, a K-12 social learning network, has closed a $25 million Series C funding round led by new investor New Enterprise Associates, Inc. (NEA), including participation from existing investors Greylock Partners, Benchmark Capital, Union Square Ventures, and Learn Capital.
07/18/2012 – Yahoo! Japan Acquires Stake in Cloud Storage Firm Basho
…But in the Asia Pacific, Yahoo! Japan is making a big move for the cloud computing market, with its acquisition of cloud-storage firm Basho.
07/18/2012 – CIT invests $50,000 in Power Fingerprinting
Virginia's Center for Innovative Technology has invested $50,000 in Power Fingerprinting Inc.
07/18/2012 – Boardwalk Fresh Burgers and Fries® Taps Cardagin® to Power Mobile Loyalty and Rewards Program
Cardagin Networks, Inc., a market leader in Mobile Relationship Management (MRM) platforms, announced today that it has been tapped by iconic national burger and fries brand, Boardwalk Fresh Burgers and Fries, to power the company’s mobile customer loyalty and rewards program.
07/18/2012 – Workday Files for IPO, Backed by NEA and T. Rowe Price
Workday, a Silicon Valley-based portfolio company of both Chevy Chase-based New Enterprise Associates and Baltimore-based T. Rowe Price, has filed with the Securities and Exchange Commission (SEC) for its initial public offering (IPO), Reuters reported.
07/18/2012 – New Enterprise Associates Joins $3.7M Round for Coursera
Online education platform Coursera has secured a $3.7 million investment from Caltech and the University of Pennsylvania. New Enterprise Associates and Kleiner Perkins Caufield & Byers have also backed the business.
07/18/2012 – CIT GAP Funds Invests in Power Fingerprinting, Inc.
The Center for Innovative Technology announced today a $50,000 investment in Power Fingerprinting, Inc. (PFP), of Blacksburg, Va., whose patent-pending solutions detect embedded security threats in computer systems, protecting against malicious cyber attacks.
07/18/2012 – CENTRIFUGE NAMED AS 2012 FINTECH COMPANY
Centrifug Systems announces that it has been chosen by AlwaysOn as one of the AlwaysOn Global 250 winners.
07/18/2012 – A Review of North Carolina Venture Capital Tech Investing
From 2009 to the First Half of 2012
And the reality is that there is a concerning lack of resident venture funds. .... Greycroft Partners, Grotech Ventures, Harbert Ventures, JMI Equity...
07/16/2012 – CivicScience Raises $2.86 Million From New Atlantic Ventures And Cox To Crunch Data From Online Polls
About a year ago, we first wrote about CivicScience, an online polling startup based in Pittsburgh that had just raised $1.2 million in seed funding from research firm The NPD Group, national polling company ALR, and The McClatchy Company director Kevin McClatchy, among others.
07/12/2012 – New Enterprise Associates Portfolio Co. 23andMe Acquires Cure Together
23andMe, a personal genetics company, has acquired CureTogether. CureTogether was launched in 2008 initially to help people who live in daily chronic pain.
07/11/2012 – ABS Capital Partners Leads $22.5M Financing for Athletes' Performance
Athletes’ Performance, a provider of performance training, nutrition and physical therapy for athletes, military and corporations, received a $22.5 million investment from ABS Capital Partners, a Baltimore based investor in later-stage growth companies.
07/11/2012 – CIT Announces 2nd Round Awards of the FY2012 Commonwealth Research Commercialization Fund
The Center for Innovative Technology (CIT) today announced 22 awards totaling $3.1 million for the second round of the FY2012 Commonwealth Research Commercialization Fund (CRCF).
07/10/2012 – Sonatype Secures $25 Million in Financing Led by New Enterprise Associates
Sonatype, the leader in component lifecycle management, today announced it has secured $25 million in financing led by New Enterprise Associates (NEA), with participation from existing investors Accel Partners, Hummer Winblad Venture Partners, Morgenthaler Ventures and Bay Partners.
07/10/2012 – Tom Dann Named Managing Director of Maryland Venture Fund
Maryland Department of Business and Economic Development (DBED) Secretary Christian S. Johansson today announced that Thomas S. Dann has been named Managing Director of the Maryland Venture Fund.
07/10/2012 – Oxford Finance Provides $10 Million Senior Credit Facility to LensAR
Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced it closed a $10 million debt facility with LensAR, Inc.
07/09/2012 – JMI Equity Backs Capsule Tech
Capsule Tech, Inc., a provider of medical device connectivity, received a strategic investment from JMI Equity, a Baltimore based growth equity firm focused on investing in growing software, Internet, business services and healthcare IT companies.
07/09/2012 – Core Capital Partners Join $4.75M Series B for KnowledgeTree
KnowledgeTree, a provider of cloud-based solutions that help companies “rule their documents,” announced the closing of a $4.75 million Series B round of venture capital investment.
07/09/2012 – At Augaroo, big data you can see and touch
Justin Langseth has been working to collect, manipulate and make sense of big data since before the term became mainstream vernacular in tech circles.
07/05/2012 – New Enterprise Associates Joins $6M Round For BenchPrep
BenchPrep, the world’s only interactive marketplace and learning platform that works across desktop, iPhone, iPad and Android devices, today announced that the company closed a successful $6 million venture capital round led by New Enterprise Associates (NEA) with participation from Revolution Ventures.
06/28/2012 – Novak Biddle Leads $5M Series A in Copiun
Copiun Inc., a provider of secure mobile collaboration solutions with end-to-end data governance, has closed the final tranche of its $5 million Series A funding led by venture capital firm, Novak Biddle Venture Partners.
06/28/2012 – Maryland Reviews Proposals from 37 Private Venture Firms for InvestMaryland Program
Following a meeting of the Maryland Venture Fund Authority, Maryland Department of Business and Economic Development (DBED) Secretary Christian S. Johansson and Maryland Venture Fund Authority Chairman Peter Greenleaf issued the following statement on the Authority’s progress in selecting private venture capital firms that will receive funds through the State’s InvestMaryland program.
06/28/2012 – Edison Ventures Invests $10M in Magnetic
Edison Ventures proudly announces leading $10M growth financing of Magnetic.