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Latest News:

12/30/2013 – Amicus Therapeutics Completes Debt Financing of Up to $25 Million

Amicus Therapeutics (Nasdaq:FOLD), a biopharmaceutical company at the forefront of therapies for rare and orphan diseases, has completed a $25 million long-term debt financing with a lending syndicate consisting of MidCap Financial, LLC, Oxford Finance LLC, and Silicon Valley Bank.

12/20/2013 – Boulder Ventures, Crestone start new funds

Boulder Ventures Ltd. has raised $100 million for a new fund, and Crestone Capital Advisors LLC has raised $7 million for two new funds, according to documents filed with the Securities and Exchange Commission.

12/20/2013 – Carl Rosenblatt, Liz Renninger, Gary Stegman Join Acentia Business Development Team

Acentia CEO Todd Stottlemyer has introduced three new officials with at least four decades of combined experience for the company’s business development unit.

12/19/2013 – AcelRx Secures $40 Million Credit Facility with Hercules Technology Growth Capital

AcelRx Pharmaceuticals, Inc. (Nasdaq: ACRX), a specialty pharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of acute and breakthrough pain, today announced that it has entered into a new amended and restated credit facility with Hercules Technology Growth Capital, Inc.

12/19/2013 – iJET Secures Investment from LLR Partners

iJET International, Inc. (iJET), a leading operational risk management solutions provider, today announced the completion of an investment by private equity firm LLR Partners.

12/18/2013 – Huddle sees cloud business flourish with In-Q-Tel backing

Cloud computing firm Huddle knows the perks of being backed by the CIA’s nonprofit investment arm, In-Q-Tel.

12/18/2013 – Greenspring Associates, NEA Take Part in $50M Round for CloudFlare

A pair of local venture capital firms, Owings Mills-based Greenspring Associates and Chevy Chase-based New Enterprise Associates (NEA), have taken part in a $50 million round of funding for San Francisco-based CloudFlare.

12/18/2013 – Cell Therapeutics Gets Remaining $5M From Hercules Technology Loan

Cell Therapeutics, Inc. (CTI) (NASDAQ and MTA: CTIC) announced that CTI has received the remaining $5 million from Hercules Technology Growth Capital, Inc. (NYSE: HTGC) available under the existing loan agreement that was established in March 2013.

12/17/2013 – Center for Innovative Technology Invests in McLean-Based DivvyCloud

The Center for Innovative Technology (CIT) announced that its CIT GAP Funds invested in DivvyCloud, a McLean-based startup that provides software to help companies optimize their hybrid cloud-based IT infrastructure.

12/17/2013 – Square 1 Bank Announces $12.5 Million Credit Facility to NutraMed, Inc.

Square 1 Bank (“Square 1”), the premier banking partner to entrepreneurs and the venture capital community, announced today it has provided a $12.5 million credit facility to NutraMed,Inc. (“NutraMed” or the “Company”), a leading manufacturer of nutraceuticals and dietary supplements.

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