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


News & Announcements

08/14/2012 – AnyPresence raises $5.5M led by Grotech Ventures

Reston cloud-based software maker AnyPresence has raised $5.5 million in new funding. Grotech Ventures led the new investment with existing investor Kinetic Ventures.

08/14/2012 – MAVA Members Harbert Venture Partners and Square 1 Bank Participate as Netsertive closes on $10M for local digital ad tech

Local digital advertising has been one of major new media strategies and having technology that automates the process is paying for Durham, NC-based Netsertive.

08/13/2012 – The New Way To Recruit - Bisnow Profile of Barrel of Jobs

The DC region has the second highest tech job growth in the US after NY this year, according to a recent DICE report. But new recruiting tools are making it easier for other states to gain on us.

08/10/2012 – Washington DC Startup Barrel Of Jobs Launches

We first covered Washington DC startup Barrel of Jobs back in May. They were one of 28 startup teams pitching at the two day Capital Connection event in our nation’s capital.

08/08/2012 – Bambeco CEO Susan Aplin Wins Smart CEO’s Brava! Award

Smart CEO presents Brava! Award to bambeco CEO Susan Aplin. The Brava! Award recognizes business accomplishments, leadership, entrepreneurial spirit and philanthropy.

08/08/2012 – Chevy Chase-Based New Enterprise Associates Invests in Influitive

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, said it has invested in Toronto-based Influitive, developer of a platform for advocate marketing.

08/08/2012 – CIT Names Two Regional Ambassadors for GAP 50 Awards

The Herndon-based Center for Innovative Technology (CIT) has named two new regional ambassadors for its upcoming GAP 50 Entrepreneur Awards.

08/07/2012 – Chevy Chase-Based NEA Takes Part in $50M Round for

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, has taken part in a new $50 million round of funding for Massachusetts-based, developer of a web service that helps families connect with caregivers.

08/06/2012 – Sawbuck Realty raises $3.5 million for house-hunting iPhone app

D.C.-based Sawbuck Realty has raised $3.5 million in a Series A funding round led by Revolution Ventures and The JBG Cos. Managing Partner Robert Stewart, money that will support Sawbuck's house-hunting app HomeSnap.

08/03/2012 – UMUC Takes Third in National MITRE Corp.'s 2012 Capture the Flag (CTF) Cyber Challenge Competition

A team of undergraduate cybersecurity students from the University of Maryland University College (UMUC) placed third out of 53 teams at Mitre Corp.'s recent 2012 Capture the Flag (CTF) Cyber Challenge.

08/03/2012 – Intacct Announces 2012 Partner Award Winners

Cloud Savvy Firms High Street Partners and McGladrey Make President's Club

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.

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