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Allovue LLC, a Baltimore-based education technology company, celebrated its first birthday and announced the closing of an $800k seed investment round.
Millennial cofounder Paul Palmeiri stepped down as CEO in late January. He spoke with Technical.ly Baltimore about his predictions for the company's future and his new position at New Enterprise Associates.
AOL Inc. (AOL) is set to report FQ4 2013 earnings before the market opens on Thursday, February 6th.
$800K to Baltimore, MD-based Allovue in a seed round from the Maryland Technology Center (TEDCO), Baltimore Angels and Shulman Ventures. Founded exactly one year ago by former Baltimore City teacher Jess Gartner, Allovue's flagship product, Balance, that helps district officials and administrators track and analyze the impact of school spending on educational outcomes.
Square 1 Bank, a commercial investment institution based in Durham, has extended a $4 million credit facility to a California-based digital publishing software business.
The MITRE Corporation has appointed Julie Bowen vice president, general counsel, and corporate secretary.
Cloud-based enterprise work management solutions company AtTask has become the latest investment target of JMI Equity, the venture capital firm that's been behind IPO success stories such as ServiceNow (NOW_) and Eloqua, now an Oracle (ORCL_) company.
TrackMaven, the Competitive Intelligence Platform for Enterprise Marketers, has closed a $6.5 million round led by New Enterprise Associates with participation from existing investors including Bowery Capital and Acceleprise Ventures.
Newlans Inc. has raised $12.5 million, or nearly two-thirds of a $20 million equity offering, from 14 investors, according to an SEC filing.
Lumos Pharma, an early stage biopharmaceutical development company, announced that it has raised $14 million in Series A financing.