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The Senate has unanimously confirmed Tom Wheeler as the new chairman of the Federal Communications Commission (FCC), nearly six months after President Obama nominated the managing director of DC-based investment firm Core Capital Partners for the role.
Gaithersburg-based GlycoMimetics Inc. set the terms for its upcoming IPO on Monday, planning to sell 4 million shares at between $14 and $16 apiece.
PeopleMatter – the only cloud-based workforce management platform designed specifically for the service industry – today announced that it has secured $16 million in Series E funding.
MorganFranklin Consulting, a leading business consulting and technology solutions company based in McLean, Va., and London, today announced that the firm has won a 2013 Inc. Hire Power Award, recognizing private companies that are adding jobs and rebuilding the economy.
The investment was made by the Center for Innovative Technology (CIT) via its CIT GAP Funds.
Company Achieves 200% Quarter-Over-Quarter and Year-Over-Year Growth, Now Protecting Nearly 10,000 Organizations World-Wide, Rebrands Flagship Product as Invincea FreeSpace(TM)
NeoChord Inc., a developer of minimally invasive devices and procedures for mitral valve repair, announced that on Sep. 9, the company closed on a $3 million credit facility with Durham, NC-based Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community.
The Herndon-based Center for Innovative Technology (CIT) said it has invested an unspecified amount in Reston-based SL8Z, developer of an online marketplace for crowdsourced recruiting.
InspireMD said Thursday that it has closed $10 million in financing from Hercules Technology Growth Capital.
Five startups, including SameGrain and Light Point Security, received more than $1 million from the VOLT Fund technology loan program administered by the Anne Arundel Economic Development Corporation.