02/03/2014 – TEDCO supports $565.9 million, 2,835 jobs in Maryland
The Maryland Technology Development Corporation, known as TEDCO, is significantly impacting the State’s economic landscape.
01/31/2014 – New Dominion Angels Says Members Invested $1M in 2013, Including Pinbooster and Aquicore
New Dominion Angels (NDA), a group of accredited angel investors focused on early-stage tech companies in Virginia, said that members invested $1 million in 2013.
01/31/2014 – Get to know ‘new order’ of financing
Companies in the region reeled in $1.54 billion in venture capital funding in 2013, the highest amount since 2001. As executive director of the Mid-Atlantic Venture Association, Julia Spicer can claim some credit for that flashy figure.
01/30/2014 – Innography Finds $3.5M In Funding
Austin-based Innography, which develops software aimed at intellectual property (IP) management and patent efforts, said it has raised out $3.5M in a funding round for the company.
01/29/2014 – CIT's MACH37 Accelerator Doubles Initial Funding to $50,000 Per Company
MACH37, the Virginia Center for Innovative Technology's cybersecurity accelerator, announced Tuesday that it has doubled the amount of funding participating companies will receive.
01/28/2014 – Hellman & Friedman acquires Applied Systems for $1.8bn
Hellman & Friedman has completed the acquisition of Applied Systems, a software provider that powers the business of insurance, from Bain Capital in a $1.8bn transaction.
01/28/2014 – Codero Hosting Receives $8 Million in Financing from Silicon Valley Bank and Farnam Street Financial
Codero Hosting, a leading provider of dedicated, managed, cloud and hybrid hosting services, today announced that it received $8 million in financing from Silicon Valley Bank (SVB) and Farnam Street Financial.
01/27/2014 – Paul Palmieri Joins NEA As Venture Advisor
New Enterprise Associates, Inc. (NEA), a leading global venture capital firm, today announced the appointment of Paul Palmieri as Venture Advisor.
01/27/2014 – Cooley Advises CHC Group on Its $310 Million Initial Public Offering and Refinancing Transactions
Cooley LLP announced today that it advised CHC Group Ltd. on its $310 million initial public offering.
01/27/2014 – LiveOps Raises $30 Million to Accelerate Global Expansion
LiveOps, Inc. , the global leader in cloud contact center and customer service solutions, announced today it has closed a $30 million round of debt funding from Comerica Bank.
01/27/2014 – Scoutmob raising up to $10M; turns to AngelList
Atlanta deal site Scoutmob is raising up to $10 million. And it's turned to buzzy online investor network AngelList for some of it.
01/24/2014 – CrowdOptic Raises Funding from Silicon Valley Bank to Bring Live Google Glass Broadcasting to Sporting Arenas, Commencing With The Sacramento Kings
CrowdOptic, a maker of crowd-powered mobile and wearable applications as seen at popular sporting events, today announced it has received funding to ramp up sales and marketing of its software, which curates and broadcasts live streaming video from Google Glass and other smart devices to stadium scoreboards, fan mobile devices and live TV.
01/24/2014 – Baltimore's ed-tech boom may just be getting started
Baltimore is going to become a larger hub for education technology companies as students turn more to online courses and school systems look to mine reams of data to better measure student outcomes.
01/23/2014 – Silicon Valley Bank Provides $18MM Credit Facility to GSV Capital
GSV Capital Corp. announced that it has entered into a new $18 million senior secured credit facility with Silicon Valley Bank.
01/23/2014 – MAVA Corporate Technology Member AOL to Acquire Content Personalization Company Gravity
AOL said on Thursday it will pay $90.7 million to acquire Gravity, a California-based developer of "interest graphs" that let publishers personalize content based on individuals' interests, preferences and habits.
01/22/2014 – Chevy Chase-Based NEA Takes Part in Kensho's $10 Million Round
New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, has invested in New York-based Kensho, developer of a cloud-based system capable of answering complex financial and market research questions posed in natural language.
01/22/2014 – With a Fresh $1M, Can Venga Help Restaurants Give Patrons a Personalized Experience?
Venga recently closed a $1 Million Series A round from VCs and Restaurateurs led by Militello Capital and including Think Food Group (Jose Andre’s restaurant group) and Big Red Ventures (Cornell University’s venture fund), among others.
01/21/2014 – Acentia and AnyPresence Partner to Drive Federal Government Mobile Innovation
Acentia, a premier provider of technology and management solutions to public sector healthcare and Federal Government civilian customers, today announced a partnership with AnyPresence, a leading enterprise mobile development platform.
01/17/2014 – Fiberlink Acquired by IBM - Edison Exits Enterprise Mobility Management Solution Provider
Edison Ventures announced that IBM acquired Fiberlink, based in Blue Bell, PA.
01/15/2014 – Center for Innovative Technology Invests in Arlington-Based PerformYard
The Herndon-based Center for Innovative Technology (CIT) said on Wednesday it has invested an unspecified amount in Arlington-based PerformYard, a developer of performance management software for employees ands teams.
01/15/2014 – Chevy Chase-Based NEA Increases Investment in SuVolta
New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, has increased its investment in Silicon Valley-based semiconductor technology firm SuVolta as part of the company's new $10.6 million funding round.
01/14/2014 – Reston-Based Intellinote Raises $4.3 Million in First Round, Boulder Ventures Among Investors
Intellinote, the Reston-based developer of a cloud-based platform that allows business users to create virtual workspaces and collaborate with one another on any device, said on Tuesday it has raised $4.3 million in its first round of funding, co-led by Grotech Ventures and Boulder Ventures.
01/14/2014 – Maryland TEDCO Awards $1.3 Million to 13 State Tech Startups
The Maryland Technology Development Corp. (TEDCO) said on Tuesday it has awarded $1.3 million in funding to 13 state startups since July.
01/10/2014 – US marketing tech firm nabs $9M in Series D round led by River Cities Capital Funds
Marketing technology company Ifbyphone announced that it has nabbed $9 million in a Series D round, according to TechCrunch.
01/09/2014 – NEA, CIT GAP Funds Among Top 20 VCs of 2013
500 Startups, the Mountain View, CA.-based venture capital firm, was the most active seed investor in 2013, according to the research group CB Insights.
01/09/2014 – Elliott Sigal Joins NEA as Venture Partner and Senior Advisor
New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, on Thursday named Elliott Sigal as a venture partner and senior advisor.
01/09/2014 – Suneva Medical Raises $35 Million In Funding, Including Comerica Bank
Suneva Medical, Inc., a privately-held aesthetics company, announced that it has recently raised $35 million in debt and equity capital.
01/08/2014 – Cartiva Secures $1.5 Million Senior Credit Facility from Silicon Valley Bank
Cartiva, Inc., a developer of innovative solutions for the treatment of cartilage damage and osteoarthritis, announced today that it has entered into a loan and security agreement with Silicon Valley Bank providing access to up to $1.5 million of capital to the Company.
01/08/2014 – Compliance Science Closes $8.25M Series A from Edison Ventures
Compliance Science, Inc., a leading web-based provider of regulatory compliance technology and services, today announced that it has received an $8.25 million Series A investment from Edison Ventures, an information technology-focused venture capital firm.
01/08/2014 – Oxford Finance Closes $25 Million Senior Credit Facility with Entellus Medical
Oxford Finance LLC today announced that it entered into a term loan agreement with Entellus Medical, Inc. that expanded the original $17 million loan facility to $25 million.