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News & Announcements

09/28/2012 – In the Spotlight: Julie Kantor, Barrel of Jobs

This week's edition of In the Spotlight features Julie Kantor, chief strategy officer of Barrel of Jobs in D.C.

09/28/2012 – Chevy Chase-Based NEA Invests in Apartment Site Zumper

Following the launch of its public beta at TechCrunch Disrupt earlier this month, San Francisco-based Zumper, developer of a new apartment rental site, said it has raised $1 million in seed funding, including an investment from Chevy Chase-based New Enterprise Associates (NEA).

09/28/2012 – Amplifier eyes $20M federal tech fund

A Virginia venture capitalist and a serial government contracting entrepreneur are raising a $20 million fund that would fuel startups built off federally funded technology.

09/28/2012 – In the Spotlight: Julie Kantor, Barrel of Jobs

This week's edition of In the Spotlight features Julie Kantor, chief strategy officer of Barrel of Jobs in D.C.

09/28/2012 – Amplifier eyes $20M federal tech fund

A Virginia venture capitalist and a serial government contracting entrepreneur are raising a $20 million fund that would fuel startups built off federally funded technology.

09/27/2012 – Startup Spotlight: Speek.com makes conference calls painless

Oh, to be rid of conference call headaches. What a world it would be.

09/27/2012 – NEA's Jim Barrett: Drug innovation should be rewarded

Society needs to “take seriously the rewards for innovators” through the patent system to improve the biotech investing climate, New Enterprise Associates Inc. General Partner James Barrett said Thursday.

09/26/2012 – Chevy Chase-Based NEA Invests $10 Million in Apnex Medical

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, said it has invested $10 million in Minnesota-based Apnex Medical, a developer of medical devices used to treat patients with sleep disordered breathing.

09/25/2012 – WeddingWire deal another sign of growth equity influx

WeddingWire is the latest D.C. tech company to take a big lump of growth equity cash from an outside investor.

09/25/2012 – WeddingWire Announces $25 Million Investment from Spectrum Equity

WeddingWire, the nation's leading technology company serving the $100 billion wedding and events industry, today announced a $25 million investment from Spectrum Equity, a leading private equity firm focused on the information economy.

09/25/2012 – CIT GAP Funds Invests in BrightContext Corporation

The Center for Innovative Technology (CIT) announced today an investment in Arlington, Va.-based BrightContext Corporation, a technology company that offers a platform to assist software developers in building applications that process large streams of real-time data.

09/24/2012 – Apnex Medical, Inc. Closes $10 Million Financing from New Enterprise Associates

Apnex Medical, Inc, a private medical device company, has received private financing totaling $10 million from New Enterprise Associates (NEA).

09/24/2012 – Maryland biotech executives home in on capital

Maryland’s young biotechs hoping to spark interest in investment and partnerships will be among the 750-plus industry, state and venture capital executives expected to attend the annual Mid-Atlantic Biotech Conference in North Bethesda on Thursday and Friday.

09/21/2012 – Enrique Brito joins Tatum Mid-Atlantic as Practice Leader of Corporate Advisory Services

Tatum, a premier professional services firm, is pleased to announce that Enrique Brito has joined as a Partner and Practice Leader of Corporate Advisory Services in its Mid-Atlantic office.

09/19/2012 – Why Conference Calls Are So Miserable: Speek Profiled on Tech Bisnow

Ridiculously long PINs, not knowing who’s on the call, and not knowing who's talking are just a few of our annoyances. (Our entire list wouldn’t fit here.) Sterling, Va.-based Speek is trying to make conference calls a tad more tolerable, maybe even fun.

09/19/2012 – SocialToaster founder Brian Razzaque says he’s ‘committed to Baltimore’ at Startup Grind

Brian Razzaque “loves Baltimore” and is “committed” to the city, he told the audience at the inaugural Baltimore Startup Grind at Loyola University Maryland on Tuesday night.

09/19/2012 – SocialToaster founder Brian Razzaque says he’s ‘committed to Baltimore’ at Startup Grind

Brian Razzaque “loves Baltimore” and is “committed” to the city, he told the audience at the inaugural Baltimore Startup Grind at Loyola University Maryland on Tuesday night.

09/18/2012 – Windsor Circle raises additional funding

Durham-based start-up Windsor Circle has raised almost $900,000 to help the company launch the next version of software that’s designed to help online retailers build their sales.

09/17/2012 – New Enterprise Associates Leads $15 million investment in Duolingo

Today we are very happy to announce a US$15 million investment in Duolingo led by New Enterprise Associates (NEA), with participation from our previous investor Union Square Ventures.

09/17/2012 – Public safety network - featuring Reality Mobile - passes first real-world test at GOP convention

Police in Tampa and St. Petersburg, Florida, used a first-of-its-kind LTE cellular network dedicated to law enforcement as part of security operations for the Republican National Convention in August.

09/14/2012 – Apps4VA Launches High School Competition

The Herndon-based Center for Innovative Technology (CIT) on Friday launched the next phase of its Apps4VA Competition, in which Virginia public high school students can compete to develop apps aimed at improving education.

09/13/2012 – CIT GAP Funds Invests in Speek Inc.

The Center for Innovative Technology (CIT) today announces a $100,000 investment in Sterling, Va.-based Speek Inc., a simple and groundbreaking alternative to conference calls for both web and mobile users.

09/12/2012 – New Enterprise Associates Portfolio Co. Aerohive Networks Announces 2013 IPO

Enterprise networking startup Aerohive Networks has raised $22.5 million in its fifth round of funding — cash that should help it gear up to go public in 2013, writes VentureBeat.

09/12/2012 – Square 1 Bank and Farmington-based Horizon Technology Make $7M Venture Loan to Mitralign

Horizon Technology Finance Corp., a Farmington-based specialty finance company, announced it and Square 1 Bank together have provided a $7 million venture loan facility to Mitralign, a Tewksbury-based cardiac device company specializing in percutaneous mitral valve repair.

09/11/2012 – New Atlantic Ventures Joins $5 Million Series B For FashionPlaytes

FashionPlaytes (www.fashionplaytes.com), the retail industry’s first engagement-driven e-commerce company to target the tween consumers, announced its $5 million Series B financing.

09/10/2012 – Overhyped Startup Scene? Novak Biddle Targeting Less than $150M for Sixth Fund

Novak Biddle Venture Partners is looking to raise less than $150 million for its sixth fund, an amount less than two thirds the size of its prior fund, according to VentureWire.

09/10/2012 – TEDCO Invests More Than $1.1 Million in 16 Maryland Startups

In its continued effort to spur economic development and bring concepts from the laboratory to the marketplace, The Maryland Technology Development Corporation (TEDCO) announced today that 16 companies have received a total of $1,170,885 in funding from the organization.

09/07/2012 – Urjanet Secures Series B Funding Led by Grotech Ventures to Deliver Intelligent Energy and Environmental Data

Urjanet Inc. today announced that it has received $4M in Series B venture financing led by new investor Grotech Ventures, along with existing investors GRA Venture Fund, LLC and Imlay Investments Inc.

09/07/2012 – Wellington Financial closes $177M fund with Canadian VC fundraising on a roll

Adding to what is shaping up be a banner year for Canadian venture capital fundraising, Toronto-based Wellington Financial LP announced the first closing of a $177-million fund this week.

09/06/2012 – VideoBlocks.com Secures $10.5 Million Series A Funding to Fuel Growing Stock Video and Music Business

VideoBlocks.com, the first subscription-based provider of unlimited royalty-free stock video and audio clips, today announced that it has closed a $10.5 million Series A investment led by Updata Partners with participation from QED Investors.

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