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.
07/18/2012 – A Review of North Carolina Venture Capital Tech Investing
From 2009 to the First Half of 2012
And the reality is that there is a concerning lack of resident venture funds. .... Greycroft Partners, Grotech Ventures, Harbert Ventures, JMI Equity...
07/16/2012 – CivicScience Raises $2.86 Million From New Atlantic Ventures And Cox To Crunch Data From Online Polls
About a year ago, we first wrote about CivicScience, an online polling startup based in Pittsburgh that had just raised $1.2 million in seed funding from research firm The NPD Group, national polling company ALR, and The McClatchy Company director Kevin McClatchy, among others.
07/12/2012 – New Enterprise Associates Portfolio Co. 23andMe Acquires Cure Together
23andMe, a personal genetics company, has acquired CureTogether. CureTogether was launched in 2008 initially to help people who live in daily chronic pain.
07/11/2012 – ABS Capital Partners Leads $22.5M Financing for Athletes' Performance
Athletes’ Performance, a provider of performance training, nutrition and physical therapy for athletes, military and corporations, received a $22.5 million investment from ABS Capital Partners, a Baltimore based investor in later-stage growth companies.
07/11/2012 – CIT Announces 2nd Round Awards of the FY2012 Commonwealth Research Commercialization Fund
The Center for Innovative Technology (CIT) today announced 22 awards totaling $3.1 million for the second round of the FY2012 Commonwealth Research Commercialization Fund (CRCF).
07/10/2012 – Sonatype Secures $25 Million in Financing Led by New Enterprise Associates
Sonatype, the leader in component lifecycle management, today announced it has secured $25 million in financing led by New Enterprise Associates (NEA), with participation from existing investors Accel Partners, Hummer Winblad Venture Partners, Morgenthaler Ventures and Bay Partners.
07/10/2012 – Tom Dann Named Managing Director of Maryland Venture Fund
Maryland Department of Business and Economic Development (DBED) Secretary Christian S. Johansson today announced that Thomas S. Dann has been named Managing Director of the Maryland Venture Fund.
07/10/2012 – Oxford Finance Provides $10 Million Senior Credit Facility to LensAR
Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced it closed a $10 million debt facility with LensAR, Inc.
07/09/2012 – JMI Equity Backs Capsule Tech
Capsule Tech, Inc., a provider of medical device connectivity, received a strategic investment from JMI Equity, a Baltimore based growth equity firm focused on investing in growing software, Internet, business services and healthcare IT companies.
07/09/2012 – Core Capital Partners Join $4.75M Series B for KnowledgeTree
KnowledgeTree, a provider of cloud-based solutions that help companies “rule their documents,” announced the closing of a $4.75 million Series B round of venture capital investment.
07/09/2012 – At Augaroo, big data you can see and touch
Justin Langseth has been working to collect, manipulate and make sense of big data since before the term became mainstream vernacular in tech circles.
07/05/2012 – New Enterprise Associates Joins $6M Round For BenchPrep
BenchPrep, the world’s only interactive marketplace and learning platform that works across desktop, iPhone, iPad and Android devices, today announced that the company closed a successful $6 million venture capital round led by New Enterprise Associates (NEA) with participation from Revolution Ventures.
06/28/2012 – Novak Biddle Leads $5M Series A in Copiun
Copiun Inc., a provider of secure mobile collaboration solutions with end-to-end data governance, has closed the final tranche of its $5 million Series A funding led by venture capital firm, Novak Biddle Venture Partners.
06/28/2012 – Maryland Reviews Proposals from 37 Private Venture Firms for InvestMaryland Program
Following a meeting of the Maryland Venture Fund Authority, Maryland Department of Business and Economic Development (DBED) Secretary Christian S. Johansson and Maryland Venture Fund Authority Chairman Peter Greenleaf issued the following statement on the Authority’s progress in selecting private venture capital firms that will receive funds through the State’s InvestMaryland program.
06/28/2012 – Edison Ventures Invests $10M in Magnetic
Edison Ventures proudly announces leading $10M growth financing of Magnetic.
06/28/2012 – New Enterprise Associates Leads $25M Series C in Blue Jeans Network
New Enterprise Associates has led a $25 million Series C round for Blue Jeans Network, a provider of interoperable video conferencing services. Accel Partners and Norwest Venture Partners also participated.
06/27/2012 – SocialToaster Closes Series A Funding in the Amount of $1.975 Million
SocialToaster is pleased to announce the closing of its oversubscribed Series A funding round in the amount of $1.975 million.
06/26/2012 – NVTC Congratulates the 2012 Hot Ticket Awards Winners and Finalists! – Capital Connection’12 Presenters newBrandAnalytics and Sonatype, Sterling Company Broadsoft
Members of Northern Virginia's hottest technology scene gathered on Tuesday, June 26, for the 11th Annual Hot Ticket Awards at the home of NVTC President and CEO Bobbie Kilberg.
06/22/2012 – Novak Biddle Venture Partners raising sixth fund
Bethesda-based Novak Biddle Venture Partners is setting out to raise its sixth fund, said co-founder Jack Biddle, its first such effort since the early-stage venture firm raised $227 million six years ago.
06/19/2012 – NEA Joins $47 Million Round in SmartDrive Systems
SmartDrive Systems has raised $ 47 million in additional venture funding led by Oak Investment Partners and New Enterprise Associates.
06/12/2012 – Hercules Technology Growth Capital Announces Quarter-to-Date Q2 2012 Portfolio Update with New Originations Totaling over $100.0 Million
Hercules Technology Growth Capital, Inc. (NYSE: HTGC), a leader in customized debt financing for entrepreneurial venture capital and private equity-backed companies in technology-related markets including cleantech and life science, today announced its quarter-to-date Q2 2012 portfolio update.
06/11/2012 – CIT GAP Funds Makes Second Investment in OhMyGov Inc.
The Center for Innovative Technology announced today a second round of investment to OhMyGov Inc., a technology firm based in Alexandria, Va., that provides software to help government agencies, associations, elected officials and political organizations monitor public dialogue and measure the influence of their strategic marketing and communications strategies.
06/08/2012 – Fashion Web Start-Up Raises $36 Million
Everyone loves a bargain, but some shoppers just want access.
At least that’s the thesis behind Moda Operandi, a New York-based start-up that has raised $36 million from venture capital firm RRE Ventures, and several strategic investors, including IMG and LVMH Moët Hennessy Louis Vuitton.
06/07/2012 – Deal Alert: J. Moore Partners Advises Manticore Technology on its Merger with Sales Engine International
We are pleased to announce the successful merger of Manticore Technology, a leading SaaS marketing automation software platform with Sales Engine International, a top B2B integrated marketing and sales acceleration company under the Sales Engine International name.
05/24/2012 – Scoutmob Attracts Investors and Partners by Saying It’s Not a Daily Deals Company
Scoutmob was able to attract $3.25 million in new funding and a major new payments partner by pitching itself as a mobile company and not as a fledgling competitor in the daily deals space.
05/24/2012 – Record Attendance, Powerful Agenda makes 25th Capital Connection a Big Hit
Capital Connection’12 and its TechBUZZ program, a nationally recognized technology industry conference, featured a day filled with powerful speakers, compelling company presentations and dynamic networking that captivated a capacity crowd of nearly 1100 attending both events. From an investor panel discussing the health of the marketplace and 26 game-changing company presentations to a glimpse into the life of the ultimate entrepreneur, Steve Case and culminating in the TechBUZZ Showdown competition between the three “Best of the BUZZ” companies, the 25th Anniversary of Capital Connection’12 is one for the record books.