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News & Announcements

04/08/2013 – Sixteen Area Start-Ups Selected to Highlight TechBUZZ Spring 2013

MAVA is shining the light on East Coast innovators and company-builders at its TechBUZZ Spring 2013, with a group of 16 start-ups selected to take the public stage to share their stories with investors, technology executives and fellow entrepreneurs. TechBUZZ Spring 2013 will be held at the Bethesda Blues and Jazz Supper Club on April 23.

04/04/2013 – CIT GAP Funds invests in VividCortex

Herndon-based Center for Innovative Technology said Thursday that its CIT Gap Funds has closed an investment in Charlottesville-based VividCortex.

04/04/2013 – Report: U.S. Venture Capital Fundraising May Rebound in 2013

Following a down year for U.S. venture capital in 2012, the slump in fundraising could be over, at least for some companies.

04/04/2013 – Arlington-Based In-Q-Tel Invests in Redlen Technologies

In-Q-Tel (IQT), the Arlington-based venture fund backed by the Central Intelligence Agency (CIA), said on Thursday it has invested in Canada's Redlen Technologies as part of a larger technology development deal. Financial terms were not disclosed.

04/04/2013 – Tech Companies Love Dublin's Tax Rates

Dublin’s Grand Canal Square, just south of the River Liffey, is known as Googletown.

04/04/2013 – Investment in second medical devices plant in Ireland

Significant growth in its healthcare business has prompted Nypro Healthcare in Ireland, a subsidiary of US-based Nypro (Clinton, Massachusetts; to invest in an additional manufacturing plant.

04/04/2013 – CloudeAssurance's Quarterly Independent Cloud Security Benchmark Study Names Top 10 Cloud Service Providers

CloudeAssurance, Inc. - an eFortresses Company last month released its second quarterly Cloud Security Benchmark: Top 10 CSPs and added this report to its cloud security rating system platform: CloudeAssurance. This platform enables safe and secure adoption of Cloud Computing!

04/03/2013 – BA Insight Raises $4.5 Million; Federal Offices in Reston; Osage Venture Partners and Paladin Capital Group participated

BA Insight, a New York-based developer of enterprise search technology with federal offices in Reston, said on Wednesday it has raised $4.5 million in a new round of funding.

04/03/2013 – Just how useful is Grade D.C.?

At his news conference Tuesday morning, Mayor Vincent C. Gray rolled out his latest batch of agency grades — the product of a nearly year-old partnership with local research firm newBrandAnalytics.

04/03/2013 – NEA leads $37M round in cloud startup

Chevy Chase-based New Enterprise Associates is leading a new $37 million funding round in MuleSoft, a San Francisco startup offering an extensive platform for companies who seek to integrate APIs and data from other companies, VentureBeat reported.

04/03/2013 – Maryland Tedco-backed grant awarded to music startup

An investment fund backed by the Maryland Technology Development Corp. and others has awarded a $100,000 Propel Baltimore grant to Bandhappy, which creates a marketplace where music instructors and students can connect, the Baltimore Business Journal reported.

04/03/2013 – releases Windows 8 Phone app for easy conference calls, a platform for easy and visual conference calls, today announced it has launched a Windows 8 phone app for free, visual and mobile conference calls.

04/02/2013 – New Paper From Aegis Mobility Examines Employer Liability Due to Distracted Driving

Aegis Mobility, the leading provider of innovative solutions to promote safe and legal use of mobile devices while driving, released today the second edition of its white paper entitled, Employee Distracted Driving: Understanding Your Business Risk and Liability.

04/02/2013 – New BI2 Program Aims to Connect DC-Area Entrepreneurs with Government

Hoping to connect DC-area entrepreneurs with government agencies in search of national security technology, several local organizations led by Amplifier Ventures and Arlington County have teamed to launch the Ballston Innovation Initiative (BI2).

04/01/2013 – 5 Data Sources For Visualization Beginners

It's all a little overwhelming for small and midsize businesses (SMBs) that are doing little -- or nothing -- to translate "data" into "stuff that actually helps us make money." Justin Langseth, founder and CEO of data visualization startup Zoomdata, notes a growing gap between the data haves and data have-nots.

04/01/2013 – Arlington-Based In-Q-Tel Increases Investment in QD Vision

In-Q-Tel (IQT), the Arlington-based venture fund backed by the Central Intelligence Agency (CIA), said it has increased its investment in QD Vision, a Massachusetts-based maker of optical components for LCD applications.

04/01/2013 – 6 Marketplace Platforms for Local Buyers; Scoutmob featured

Scoutmob’s Shoppe: A curated marketplace for local artisans.

04/01/2013 – InvestMaryland Challenge narrowed to 9 finalists

The Maryland Department of Business and Economic Development has named three finalists in three separate categories of the final round of the InvestMaryland Challenge.

03/28/2013 – Reston-Based Updata Partners Invests in Nintex

Nintex, a Bellevue, Wash.-based provider of workflow software and cloud services, said it has landed a "significant" investment from Reston-based Updata Partners, the technology-focused venture capital firm, and TA Associates.

03/27/2013 – Rockville's Adlyfe awarded $300,000 through InvestMaryland

The Maryland Venture Fund has awarded $300,000 to Adlyfe, a Rockville diagnostic test developer, as part of the state’s InvestMaryland program.

03/26/2013 – Booker's Mobile App For Service Businesses Reaches 16,000 Downloads

Booker (formerly GramercyOne), a service management platform (SMP) that unifies operations and automated marketing on a single cloud-based system, continues to solidify its leadership position with the success of its iPhone, iPad, and Android mobile apps.

03/26/2013 – Fleet operators urged to participate in distracted driving survey

April is National Distracted Driving Awareness Month and Aegis Mobility said it’s the ideal time to conduct its Third Annual Workplace Distracted Driving Survey.

03/26/2013 – New Enterprise Associates is not a private equity firm

Sure, New Enterprise Associates is much, much bigger than most venture capital firms. And not all of their deals fall neatly into what we think of as traditional Series A-B-C venture.

03/25/2013 – Annapolis-Based High Street Partners Raises $8 Million

High Street Partners (HSP), an Annapolis-based provider of business software and services designed to help clients expanding overseas, said on Monday it has raised $8 million in a new round of funding, led by Baird Capital. Sigma Partners and Gold Hill Capital also took part in the round, which was HSP's largest to date.

03/24/2013 – Getting real estate data is a snap with Homesnap app

Homesnap, a Washington, D.C., start-up, has developed an Apple mobile app that provides real estate information for users who are on the hunt or curious about selling -- that can be found just by snapping a photo of a house.

03/22/2013 – Boston-based Aratana Files for Initial Public Offering

Aratana Therapeutics, a Kansas City, Kan.-based biopharmaceutical company, which has a key Boston presence at The John Hancock Tower, has filed with the Securities and Exchange Commission for its initial public offering of stock.

03/21/2013 – Analysis: Private equity funds rapid growth of walk-in clinics – LLR Partners

And LLR Partners and health insurer WellPoint Inc invested last summer in 12th ranked Physicians Immediate Care, a chain of 20 urgent care clinics based in Chicago for an undisclosed sum.

03/21/2013 – Entrepreneur of the Week: John Bracken

John Bracken is a business development executive and product visionary who has a passion for building voice and web communication products.

03/20/2013 – Zendesk Invests in Europe with Dedicated Data Centre

Minister for Research and Innovation, Sean Sherlock TD, today officially launched Zendesk’s first European data centre in Dublin.

03/20/2013 – Activity Rocket is Soaring into NoVA

Two local moms were tired of scouring the internet and beyond to find extracurricular activities for their own children, and created the award-winning Activity Rocket website.

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