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


News & Announcements

08/02/2012 – Eloqua [ELOQ] to Ring The NASDAQ Stock Market Opening Bell

Eloqua [ELOQ], a provider of B2B marketing automation and Revenue Performance Management solutions, will visit the NASDAQ MarketSite in Times Square to celebrate its initial public offering (IPO) on The NASDAQ Stock Market.

08/01/2012 – Speek Disrupts the Communication World With a Revolutionary Take on the Traditional Conference Call

Speek (yes, I spelled it right) is a refreshing take on the concept of conference calls, where as most call websites would make you use a phone number with a corresponding PIN, Speek utilizes a link to your ‘call profile’ (something like so that a simple click can get you started with your phone call.

08/01/2012 – WealthEngine Announces Launch of WealthEngine Institute and New Workbook, Growing Individual Gifts: An Analytic Approach to Data-Driven Success

WealthEngine, Inc.™, the leading provider of sophisticated wealth identification and prospect research solutions, announced today at the Association of Prospect Researchers for Advancement's 25th Anniversary 2012 International Conference, the launch of the WealthEngine Institute.

08/01/2012 – Chevy Chase-Based NEA Increases Investment in Box

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, said it has increased its investment in Silicon Valley-based Box, the developer of a popular content sharing platform.

08/01/2012 – Knight In Shining App-er

James Quigley wants you to give away your products and services for the good of humankind. Don’t worry, he’s doing it himself, too. The Canvas founder says the best route to innovation and job growth is for small businesses to take the lead.

07/31/2012 – NEA Leads $27M Series A-1 in Mersana Therapeutics

Mersana Therapeutics, Inc., a biopharmaceutical company developing its Fleximer antibody-drug conjugate (ADC) platform and pipeline of small molecule Fleximer conjugates, announced that it has closed a $27 million Series A-1 financing led by new investor New Enterprise Associates (NEA).

07/31/2012 – Wasabi Ventures CEO Digs Into His Baltimore Roots

You can take Tom "TK" Kuegler out of Baltimore, but he’ll leave his heart and checkbook behind.... And last month Wasabi joined a syndicate of investors including Baltimore Angels and Blu Venture Investors of Vienna, Va., to ply Baltimore startup Social Toaster with nearly $2 million in capital.

07/30/2012 – Centrifuge Accelerates Momentum through FinTech Innovation Lab Award

Centrifuge (, a leading provider of Visual Network Analysis solutions, announced that it was chosen from a large field of early and growth-stage companies that applied to participate in the exclusive FinTech Innovation Lab program.

07/30/2012 – newBrandAnalytics featured in Tech Bisnow

They Hate You? In high school, be who you are, no matter what people say. In business, it's change, change, change, because of what people say. newBrandAnalytics tracks social networks to recommend those big changes.

07/27/2012 – Maryland, Virginia biotech VC funding down from last year

Biotech firms in Maryland and Virginia landed $91.7 million in venture funding for the first half of this year.

07/26/2012 – Chantilly-Based PhishMe Raises $2.5 Million in First Round led by DC-based Paladin Capital Group

PhishMe, the Chantilly-based developer of software that allows companies to educate employees about Internet scams by emulating real phishing attacks, said on Thursday it has raised $2.5 million in its first round of funding, led by DC-based Paladin Capital Group.

07/26/2012 – New Markets Venture Partners Joins $6M Series C for The American Academy

The American Academy, which partners with school districts across the nation to recruit, enroll and educate children who cannot or will not attend school, has secured $6 million in Series C financing. In conjunction with the Series C investment, Mark Grovic, co-founder and General Partner at New Markets Venture Partners, joined the Company’s Board of Directors.

07/25/2012 – New Enterprise Associates closes 14th fund at $2.6 billion, amid shift in leadership

Chevy Chase-based New Enterprise Associates has closed on what appears to be the largest venture fund in history at $2.6 billion, the firm announced Wednesday.

07/25/2012 – Oxford Finance Provides $25 Million Senior Credit Facility to ZONARE Medical Systems

Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced it closed a $25 million debt facility with ZONARE Medical Systems, Inc.

07/25/2012 – ABS Capital Partners Backed Holdings Closes $136 Million Share Offering Holdings Inc., the holding company for the eponymous wireless security provider, has closed a $136 million share offering, raising the amount from three investors including Technology Crossover Ventures.

07/24/2012 – Mandiant (R) Announces Launch of New Research Division

Mandiant, the leader in advanced threat detection and response solutions, today announced the formation of Mandiant Labs (M-Labs(TM)).

07/24/2012 – Basho Named Finalist in 15th Annual Mass Technology Leadership Council Leadership Awards

Basho Technologies, the worldwide leader in distributed database technologies, announced today that it has been named a finalist in Mass Technology Leadership Council's (MassTLC) 15th Annual Leadership Awards in the category of Innovative Technology of the Year: Cloud Computing.

07/23/2012 – Gazette.Net: Venture capital falls off its own fiscal cliff in Maryland

Venture capital investment in Maryland companies in the second quarter plummeted ... executive director of the Mid-Atlantic Venture Association in McLean, Va.

07/23/2012 – Columbia Capital Leads $22M Investment in IntelliBatt

DH Capital, an investment banking firm serving companies in the Internet infrastructure, communications and SaaS sectors, served as exclusive financial advisor to IntelliBatt on its recently completed $22 million equity investment led by Columbia Capital with participation from CBC-Capital, private investors, and incoming executives.

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.

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