08/01/2012 – Knight In Shining App-er
James Quigley wants you to give away your products and services for the good of humankind. Don’t worry, he’s doing it himself, too.
The Canvas founder says the best route to innovation and job growth is for small businesses to take the lead.
07/31/2012 – NEA Leads $27M Series A-1 in Mersana Therapeutics
Mersana Therapeutics, Inc., a biopharmaceutical company developing its Fleximer antibody-drug conjugate (ADC) platform and pipeline of small molecule Fleximer conjugates, announced that it has closed a $27 million Series A-1 financing led by new investor New Enterprise Associates (NEA).
07/31/2012 – Wasabi Ventures CEO Digs Into His Baltimore Roots
You can take Tom "TK" Kuegler out of Baltimore, but he’ll leave his heart and checkbook behind.... And last month Wasabi joined a syndicate of investors including Baltimore Angels and Blu Venture Investors of Vienna, Va., to ply Baltimore startup Social Toaster with nearly $2 million in capital.
07/30/2012 – Centrifuge Accelerates Momentum through FinTech Innovation Lab Award
Centrifuge (www.CentrifugeSystems.com), a leading provider of Visual Network Analysis solutions, announced that it was chosen from a large field of early and growth-stage companies that applied to participate in the exclusive FinTech Innovation Lab program.
07/30/2012 – newBrandAnalytics featured in Tech Bisnow
They Hate You?
In high school, be who you are, no matter what people say.
In business, it's change, change, change, because of what people say. newBrandAnalytics tracks social networks to recommend those big changes.
07/27/2012 – Maryland, Virginia biotech VC funding down from last year
Biotech firms in Maryland and Virginia landed $91.7 million in venture funding for the first half of this year.
07/26/2012 – Chantilly-Based PhishMe Raises $2.5 Million in First Round led by DC-based Paladin Capital Group
PhishMe, the Chantilly-based developer of software that allows companies to educate employees about Internet scams by emulating real phishing attacks, said on Thursday it has raised $2.5 million in its first round of funding, led by DC-based Paladin Capital Group.
07/26/2012 – New Markets Venture Partners Joins $6M Series C for The American Academy
The American Academy, which partners with school districts across the nation to recruit, enroll and educate children who cannot or will not attend school, has secured $6 million in Series C financing. In conjunction with the Series C investment, Mark Grovic, co-founder and General Partner at New Markets Venture Partners, joined the Company’s Board of Directors.
07/25/2012 – New Enterprise Associates closes 14th fund at $2.6 billion, amid shift in leadership
Chevy Chase-based New Enterprise Associates has closed on what appears to be the largest venture fund in history at $2.6 billion, the firm announced Wednesday.
07/25/2012 – Oxford Finance Provides $25 Million Senior Credit Facility to ZONARE Medical Systems
Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced it closed a $25 million debt facility with ZONARE Medical Systems, Inc.
07/25/2012 – ABS Capital Partners Backed Alarm.com Holdings Closes $136 Million Share Offering
Alarm.com Holdings Inc., the holding company for the eponymous wireless security provider, has closed a $136 million share offering, raising the amount from three investors including Technology Crossover Ventures.
07/24/2012 – Mandiant (R) Announces Launch of New Research Division
Mandiant, the leader in advanced threat detection and response solutions, today announced the formation of Mandiant Labs (M-Labs(TM)).
07/24/2012 – Basho Named Finalist in 15th Annual Mass Technology Leadership Council Leadership Awards
Basho Technologies, the worldwide leader in distributed database technologies, announced today that it has been named a finalist in Mass Technology Leadership Council's (MassTLC) 15th Annual Leadership Awards in the category of Innovative Technology of the Year: Cloud Computing.
07/23/2012 – Gazette.Net: Venture capital falls off its own fiscal cliff in Maryland
Venture capital investment in Maryland companies in the second quarter plummeted ... executive director of the Mid-Atlantic Venture Association in McLean, Va.
07/23/2012 – Columbia Capital Leads $22M Investment in IntelliBatt
DH Capital, an investment banking firm serving companies in the Internet infrastructure, communications and SaaS sectors, served as exclusive financial advisor to IntelliBatt on its recently completed $22 million equity investment led by Columbia Capital with participation from CBC-Capital, private investors, and incoming executives.
07/23/2012 – New Enterprise Associates Joins $40M Series A for Alimera Sciences
Alimera Sciences, a biopharmaceutical company specializing in the research, development and commercialization of prescription ophthalmic pharmaceuticals, has secured a $40 million Series A financing.
07/22/2012 – Reston’s Canvas has starring role in London
Last fall, James Quigley got notice that the Olympic Delivery Authority in London had signed up for a free trial of Canvas, a service that allows users to create Web applications for data collection.
07/20/2012 – Paladin Capital Group Joins $7M Series B For Racemi, along with Harbert Venture Partners
Racemi, the moving company for the cloud, announced it has closed a $7 million Series B round of venture financing to further develop and market its software for migrating workloads to cloud computing.
07/20/2012 – In the Spotlight: Neal Lieberman, Barrel of Jobs
This week's edition of In the Spotlight features Neal Lieberman, vice president of sales at the newly formed Barrel of Jobs in D.C.
07/19/2012 – CIT GAP 50 Entrepreneur Awards to Identify Virginia’s Best and Brightest Business Visionaries
The Center for Innovative Technology (CIT) launched today the GAP 50 Entrepreneur Awards, a new statewide entrepreneur award program, designed to identify and celebrate Virginia’s next generation entrepreneurs in the areas of life sciences, technology and energy.
07/19/2012 – J. Moore Partners Establishes European Headquarters in London
J. Moore Partners, the independent technology-focused bank based in San Francisco, announced its European expansion today with a new office located in London at 69 Old Broad Street.
07/19/2012 – New Enterprise Associates Leads $27M. Funding for SAY Media
SAY Media announced that it has secured $27 million in funding led by new investors New Enterprise Associates (NEA), Shea Ventures and Correlation Ventures, as well as participation from existing investors.
07/19/2012 – NEA Leads $25M Series C for Edmodo
Edmodo, a K-12 social learning network, has closed a $25 million Series C funding round led by new investor New Enterprise Associates, Inc. (NEA), including participation from existing investors Greylock Partners, Benchmark Capital, Union Square Ventures, and Learn Capital.
07/18/2012 – Yahoo! Japan Acquires Stake in Cloud Storage Firm Basho
…But in the Asia Pacific, Yahoo! Japan is making a big move for the cloud computing market, with its acquisition of cloud-storage firm Basho.
07/18/2012 – CIT invests $50,000 in Power Fingerprinting
Virginia's Center for Innovative Technology has invested $50,000 in Power Fingerprinting Inc.
07/18/2012 – Boardwalk Fresh Burgers and Fries® Taps Cardagin® to Power Mobile Loyalty and Rewards Program
Cardagin Networks, Inc., a market leader in Mobile Relationship Management (MRM) platforms, announced today that it has been tapped by iconic national burger and fries brand, Boardwalk Fresh Burgers and Fries, to power the company’s mobile customer loyalty and rewards program.
07/18/2012 – Workday Files for IPO, Backed by NEA and T. Rowe Price
Workday, a Silicon Valley-based portfolio company of both Chevy Chase-based New Enterprise Associates and Baltimore-based T. Rowe Price, has filed with the Securities and Exchange Commission (SEC) for its initial public offering (IPO), Reuters reported.
07/18/2012 – New Enterprise Associates Joins $3.7M Round for Coursera
Online education platform Coursera has secured a $3.7 million investment from Caltech and the University of Pennsylvania. New Enterprise Associates and Kleiner Perkins Caufield & Byers have also backed the business.
07/18/2012 – CIT GAP Funds Invests in Power Fingerprinting, Inc.
The Center for Innovative Technology announced today a $50,000 investment in Power Fingerprinting, Inc. (PFP), of Blacksburg, Va., whose patent-pending solutions detect embedded security threats in computer systems, protecting against malicious cyber attacks.
07/18/2012 – CENTRIFUGE NAMED AS 2012 FINTECH COMPANY
Centrifug Systems announces that it has been chosen by AlwaysOn as one of the AlwaysOn Global 250 winners.