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Latest News:

02/05/2014 – ‘Millennial Media has its best days ahead’: former CEO Paul Palmieri

Millennial cofounder Paul Palmeiri stepped down as CEO in late January. He spoke with Technical.ly Baltimore about his predictions for the company's future and his new position at New Enterprise Associates.

02/05/2014 – Here's Why AOL Will Thrive In Its Reinvention As A Digital Media Company

AOL Inc. (AOL) is set to report FQ4 2013 earnings before the market opens on Thursday, February 6th.

02/05/2014 – Allovue Raises $800K to Help Schools Manage Resources

$800K to Baltimore, MD-based Allovue in a seed round from the Maryland Technology Center (TEDCO), Baltimore Angels and Shulman Ventures. Founded exactly one year ago by former Baltimore City teacher Jess Gartner, Allovue's flagship product, Balance, that helps district officials and administrators track and analyze the impact of school spending on educational outcomes.

02/04/2014 – Square 1 Extends $4M Credit Line to California Software Firm

Square 1 Bank, a commercial investment institution based in Durham, has extended a $4 million credit facility to a California-based digital publishing software business.

02/04/2014 – Julie Bowen Appointed MITRE Vice President and General Counsel

The MITRE Corporation has appointed Julie Bowen vice president, general counsel, and corporate secretary.

02/04/2014 – AtTask Garners $38 million Funding Round

Cloud-based enterprise work management solutions company AtTask has become the latest investment target of JMI Equity, the venture capital firm that's been behind IPO success stories such as ServiceNow (NOW_) and Eloqua, now an Oracle (ORCL_) company.

02/04/2014 – TrackMaven Raises $6.5M Series A Led by NEA

TrackMaven, the Competitive Intelligence Platform for Enterprise Marketers, has closed a $6.5 million round led by New Enterprise Associates with participation from existing investors including Bowery Capital and Acceleprise Ventures.

02/04/2014 – Paladin Capital-backed Newlans Raises $12.5 Million

Newlans Inc. has raised $12.5 million, or nearly two-thirds of a $20 million equity offering, from 14 investors, according to an SEC filing.

02/04/2014 – New Enterprise Associates Co-leads $14M Series A For Lumos Pharma

Lumos Pharma, an early stage biopharmaceutical development company, announced that it has raised $14 million in Series A financing.

02/04/2014 – Square 1 Bank Provides $4M Loan To GTxcel

Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, announced that it has provided a $4 million credit facility to GTxcel, Inc., a leader in digital publishing solutions.

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