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News & Announcements

08/29/2012 – August Member of the Month: High Street Partners

Our member for the month of August is High Street Partners, a company that offers international business software and services.

08/29/2012 – MAVA Executive Director Recruited by State Department as Mentor in Croatia

The Executive Director of the Mid-Atlantic Venture Association (MAVA) is mentoring young business leaders in the Republic of Croatia at the request of the U.S. State Department. As a mentor, Julia Spicer is working with 25 young entrepreneurs who were selected based on their start up business ideas as participants in the Startup Camp program.

08/29/2012 – Columbia Capital Joins $40M Financing for NuvoTV

NuvoTV, an English-language cable network for bi-cultural Latinos in the U.S., has sealed $40 million in new financing to expand its original programming.

08/27/2012 – New Enteprise Associates Leads Series B in Aerospike

Aerospike said it raised a Series B round of funding led by New Enterprise Associates and joined by existing investors Draper Associates and Alsop Louie Partners

08/26/2012 – Canvas selects nonprofits to get its app for free

Who: James Quigley. Company: Canvas, a Reston-based service that allows users to create Web applications for data collection.

08/24/2012 – Speek.com burning down the conference bridge

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

08/24/2012 – Speek’s monosyllabic branding advantage

Speek.com CEO John Bracken co-founded Evite.com. Evite is a great name, for much the same reason Kleenex is a great name. In both cases, the words entered popular usage to denote not only the brand itself, but a discreet product — you send an Evite, you use a Kleenex.

08/24/2012 – Cloud computing software provider inks deal with In-Q-Tel

Cloud computing software provider Adaptive Computing inked a partnership with CIA venture capital wing In-Q-Tel to develop a cloud operating system tailored to the intelligence community, the company announced.

08/23/2012 – Sonatype Named to Inc. Magazine's 31st Annual List of America's Fastest-Growing Private Companies

Inc. magazine today ranked Sonatype on its 31st annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies.

08/22/2012 – MorganFranklin Corporation Named to 2012 Inc. 500|5000 List of Fastest-Growing Private Companies in America

For the second time in its 14-year history, MorganFranklin Corporation has been named to the Inc. 500|5000 list of the nation's fastest-growing private companies.

08/22/2012 – SocialToaster Names Walt Rampata Chief Marketing Officer, Unveils New Website

SocialToaster, which raised almost $2 million in June, has named Walt Rampata as its new Chief Marketing Officer while introducing a new design to its website.

08/21/2012 – MorganFranklin Corporation Named to Consulting Magazine's 2012 'Best Firms to Work For' List

For the second time in just five years, MorganFranklin Corporation was recognized by Consulting magazine as one of the “Best Firms to Work For,” ranking 12th on the publication’s prestigious 2012 list.

08/20/2012 – On the cusp of a market push, NewBrandAnalytics hires new CEO

Kristin Muhlner likens work at a start-up to a theme park ride, with the ups, downs, twists and turns coming quickly and often.

08/20/2012 – FUNDED: RESTAURANT SAVIOR; Foodem Announces $75K from MarylandTEDCO

Not much thought goes into the process of how the steaming hot plate of pasta or a juicy burger gets to our plate. But Kash Rehman says it’s not as easy as it might seem. The Groupons out there help restaurant patrons find deals, but how about the managers?

08/20/2012 – Inc. Magazine Names WeddingWire on Inc. 500 for 2012

WeddingWire, the nation's leading technology company serving the $100 billion wedding and events industry, announced the company is ranked number 309 out of 500 on Inc. magazine's 31st annual Inc. 500 list.

08/19/2012 – Reality Mobile Group Raises Half of $4.3 Million Offering

Reality Mobile Group Inc., a developer of enterprise mobile technology, has raised $2.25 million, or about 53 percent of a $4.25 million mixed offering, from one investor.

08/17/2012 – Feature on New Markets Venture Partners (Frank Bonsal III)

3 Things We Learned From EverFi's Deal EverFi’s recent funding from some of the biggest names in tech is a teachable moment for the rest of the community.

08/16/2012 – WeddingWire Takes 26,180 SF in the Chevy Chase Metro Building

WeddingWire has leased 26,180 square feet at 2 Wisconsin Circle, a LEED-certified, 234,683 square foot class A office building in Washington’s Bethesda/Chevy Chase submarket.

08/15/2012 – Clark Enterprises-backed Verax Biomedical Raises over Half of $5 Million Mixed Offering

Verax Biomedical Inc., which has developed technology to enable rapid blood tests, has raised $2.78 million, or over 55 percent of a mixed offering of $5 million, from 11 investors, according to an SEC filing.

08/15/2012 – DC-Based EverFi Raises $10 million in Second Round of Funding, NEA participated in the round

EverFi, the DC-based developer of an education technology platform designed to teach life skills such as student loan management and alcohol prevention, said on Wednesday it has raised $10 million in its second round of funding from investors including Amazon founder and CEO Jeff Bezos, Twitter founder Evan Williams and Rethink Education.

08/14/2012 – AnyPresence raises $5.5M led by Grotech Ventures

Reston cloud-based software maker AnyPresence has raised $5.5 million in new funding. Grotech Ventures led the new investment with existing investor Kinetic Ventures.

08/14/2012 – MAVA Members Harbert Venture Partners and Square 1 Bank Participate as Netsertive closes on $10M for local digital ad tech

Local digital advertising has been one of major new media strategies and having technology that automates the process is paying for Durham, NC-based Netsertive.

08/13/2012 – The New Way To Recruit - Bisnow Profile of Barrel of Jobs

The DC region has the second highest tech job growth in the US after NY this year, according to a recent DICE report. But new recruiting tools are making it easier for other states to gain on us.

08/10/2012 – Washington DC Startup Barrel Of Jobs Launches

We first covered Washington DC startup Barrel of Jobs back in May. They were one of 28 startup teams pitching at the two day Capital Connection event in our nation’s capital.

08/08/2012 – Bambeco CEO Susan Aplin Wins Smart CEO’s Brava! Award

Smart CEO presents Brava! Award to bambeco CEO Susan Aplin. The Brava! Award recognizes business accomplishments, leadership, entrepreneurial spirit and philanthropy.

08/08/2012 – Chevy Chase-Based New Enterprise Associates Invests in Influitive

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, said it has invested in Toronto-based Influitive, developer of a platform for advocate marketing.

08/08/2012 – CIT Names Two Regional Ambassadors for GAP 50 Awards

The Herndon-based Center for Innovative Technology (CIT) has named two new regional ambassadors for its upcoming GAP 50 Entrepreneur Awards.

08/07/2012 – Chevy Chase-Based NEA Takes Part in $50M Round for Care.com

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, has taken part in a new $50 million round of funding for Massachusetts-based Care.com, developer of a web service that helps families connect with caregivers.

08/06/2012 – Sawbuck Realty raises $3.5 million for house-hunting iPhone app

D.C.-based Sawbuck Realty has raised $3.5 million in a Series A funding round led by Revolution Ventures and The JBG Cos. Managing Partner Robert Stewart, money that will support Sawbuck's house-hunting app HomeSnap.

08/03/2012 – UMUC Takes Third in National MITRE Corp.'s 2012 Capture the Flag (CTF) Cyber Challenge Competition

A team of undergraduate cybersecurity students from the University of Maryland University College (UMUC) placed third out of 53 teams at Mitre Corp.'s recent 2012 Capture the Flag (CTF) Cyber Challenge.

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