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Q1Media, Inc., an online advertising technology company, announced that it has secured debt facilities totaling $8 million to expand its operations.
Four Washington area companies were crowned winners at the Northern Virginia Technology Council’s Destination Innovation event Wednesday, bringing an end to a months-long competition that pitted companies against one another in four distinct categories: social, commerce, government and security.
"Local presence helps when you're going after enterprise organizations," said CEO and cofounder James Foster. "If we were selling something for $19.99, we could do that over the phone."
Three of Washington, D.C.’s leading technology companies, WeddingWire , Speek and SocialRadar , have joined forces today to develop SocialWeddingSpeek, a virtual weddings platform.
Wellington Financial LP, a privately-held specialty finance firm, announced a $10 million venture debt financing for SOA Software of Los Angeles, CA.
Amber Road, Inc. (NYSE: AMBR), a leading provider of global trade management (GTM) solutions, today announced the closing of its previously announced initial public offering of 8,500,299 shares of its common stock at a price to the public of $13.00 per share, which included 1,108,734 shares issued upon the exercise in full of the underwriters’ option to purchase additional shares.
Novak Biddle Venture Partners, the Bethesda-based venture capital firm, said it has increased its investment in Arizona-based Parchment, a provider of electronic transcript exchange services led by Blackboard co-founder Matthew Pittinsky.
In-Q-Tel, the Arlington-based venture fund backed by the CIA, has increased its investment in Platfora, a Silicon Valley developer of big data analytics software designed to help companies make critical decisions.
ID.me, a McLean-based developer of secure digital ID cards designed to let users prove their identity online, has raised $7.5 million in new venture capital and another $2.5 million venture debt, The Wall Street Journal reported.