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News & Announcements

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.

03/20/2013 – Reston-Based Uppidy Raises New Seed Funding

Uppidy, the Reston-based developer of a text message storage platform, has raised a new round of seed funding, increasing its total backing to $600,000, TechCrunch reported on Wednesday.

03/20/2013 – CIT named Julia Taxin to its CIT GAP Funds investment advisory board

The Herndon-based Center for Innovative Technology (CIT) on Wednesday named Julia Taxin to its CIT GAP Funds investment advisory board, a panel of private sector experts who guide investment decisions for CIT in Virginia tech companies.

03/20/2013 – Demand Media Takes Domain Services Business to Dublin - IDA Ireland

Demand Media® (NYSE: DMD), a leading digital media and domain services company, today announced the opening of what will be its largest international office in Dublin, Ireland.

03/20/2013 – FleetSafer Now Available on Kyocera with Sprint® Direct Connect®

Aegis Mobility, the leading provider of software to help prevent work place distracted driving, announced today that its FleetSafer®application, which promotes responsible driving, is now available on Kyocera DuraCore, DuraXT, DuraMax and DuraPlus phones with Sprint®Direct Connect®.

03/20/2013 – Basho Open-Sources Riak CS, Its Big Data Storage Software For Companies That Want Their Own Amazon S3 Cloud

Basho is open-soucing Riak CS, its storage software that integrates with Amazon Web Services. Riak CS will be available under an Apache 2 license.

03/19/2013 – Chevy Chase-Based NEA Increases Investment in MapR Technologies

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, said on Tuesday it has increased its investment in Silicon Valley's MapR Technologies, developer of an Apache Hadoop data analytics platform.

03/18/2013 – Herndon-Based YaSabe Lands $2.7 Million in Seed Funding

YaSabe, a Herndon-based provider of local and mobile search services for U.S. Hispanics, said on Monday it has raised $2.7 million in seed funding, which the company will use to bolster product development and marketing, as well as to forge new business partnerships.

03/18/2013 – NEA creates NEA Studio in New York

New Enterprise Associates has launched NEA Studio, a 12-week program program in New York for designers who create mobile and web startups.

03/18/2013 – Square 1 Bank Names Former Edison Venture Principal to Head Boston Office

Square 1 Bank, a bank that focuses on entrepreneurs and the venture capital community, has named Michael Madden as senior vice president and managing director in its Boston office.

03/18/2013 – Troop ID raises $2.1 million in VC

Troop ID has raised $2.1 million from investors including David Tisch and Mark McLaughlin, TechCrunch reports.

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