04/29/2014 – Clarabridge Raises $6 Million to Fund Market Metrix Acquisition
Clarabridge Inc. has raised $6 million issue of share and debt from a single investor for its acquisition of Market Metrix, a California feedback management firm serving the leisure and hospitality industries.
04/29/2014 – Tidemark raises another $32M to build out its analytics push
Business intelligence SaaS player Tidemark scored $32 million in new funding from Silicon Valley Bank and previous backers Greylock Partners, Andreessen Horowitz, Redpoint Ventures and Tenaya Capital.
04/28/2014 – High Street Partners (HSP) Merges with Nair to Become Radius
High Street Partners (HSP) has merged with Nair & Co to create a global accounting and administration powerhouse that enables clients to manage their global operations.
04/27/2014 – Center for Innovative Technology fund is among region’s most active angel investors
The Center for Innovative Technology GAP Funds cemented its mantle as one of the region’s most active early-stage investment groups earlier this month when the number of companies in its portfolio surpassed 100.
04/25/2014 – Hercules Technology Growth, Alimera Sciences Close $35MM Debt Facility
Alimera Sciences, Inc., a biopharmaceutical company that specializes in the research, development and commercialization of prescription ophthalmic pharmaceuticals, announced today that its United Kingdom subsidiary, Alimera Sciences Limited (Limited), has entered into a Loan and Security Agreement with Hercules Technology Growth Capital, Inc. for a term loan in the principal amount of up to $35 million.
04/23/2014 – WorkForce Software Receives a Majority Investment From Insight Venture Partners
WorkForce Software, a leading provider of workforce management solutions, today announced that New York-based Insight Venture Partners has assumed a majority equity position in the company.
04/22/2014 – APX Labs raises $10M from NEA to push Google Glass, other wearables into the enterprise
Herndon-based APX Labs has raised $10 million from New Enterprise Associates to bring its software platform for Google Glass and other wearables to manufacturing, health care and other enterprise customers.
04/22/2014 – CIT GAP Funds Invests in Shark Tank Winner Zoobean
Coming on the heels of its hugely successful appearance on ABC's Shark Tank Friday night, Zoobean, an Arlington-based startup that creates personalized selections of children's apps, books and reading guides, has received an investment from the CIT GAP Funds, according to an announcement today by the Center for Innovative Technology (CIT).
04/22/2014 – Fitnet raises $1.4M for its instructional video fitness app
Instructional video fitness app maker Fitnet raised $1.4 million from Valleys’ Ventures and CIT Gap Funds for its fitness app, Fitnet.
04/21/2014 – Maryland invests $600K in cybersecurity startup Luminal
Cybersecurity startup Luminal has moved its headquarters to Maryland and plans to expand, thanks in part to a State investment, Governor Martin O’Malley announced Monday.
04/21/2014 – Major Update to NationalField Product: Mobile-first
Today we are rolling out the largest update to NationalField in nearly two years! Here's a quick overview of what our users can expect.
04/21/2014 – Total Defense's Consumer Business Line Has Merged With Untangle
Signal Hill is pleased to announce that its client, Total Defense, a leading Internet security company, has merged its consumer business line with Untangle, Inc.
04/18/2014 – Oxford Finance, MidCap Close $20MM Senior Credit Facility With Zafgen
Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced the closing of a $20 million term loan with with Zafgen, Inc.
04/17/2014 – Vienna-Based AddThis Hires 3, Forms Content Media Services Group
AddThis, the Vienna-based developer of a popular social sharing and analytics platform, said on Thursday it has formed a new content media services group, and has also hired three new executives.
04/17/2014 – CIT GAP Funds Invests in Urgent.ly
The Center for Innovative Technology announced today that its CIT GAP Funds closed an investment in Urgent.ly, a Northern Virginia-based startup offering a mobile on-demand platform that quickly and easily connects users with nearby and available roadside assistance.
04/16/2014 – CIT GAP Funds Invests in Riogin
The Center for Innovative Technology announced today that its CIT GAP Funds closed an investment in Riogin, a Charlottesville-based company that has solved many issues related to peptide therapeutics.
04/14/2014 – Finalists Selected for TEDCO’s Fourth Annual ICE Awards
The Maryland Technology Development Corporation (TEDCO) announced today that nine finalists have been selected in the organization’s fourth annual ICE Awards.
04/14/2014 – Venture firms raise $8.9B in first quarter as exit picture brightens
Venture firms across the U.S. raised a collective $8.9 billion in the first three months of 2014, marking the industry's healthiest quarter in seven years, according to data released Monday by the National Venture Capital Association and Thomson Reuters.
04/14/2014 – Herndon-Based CIT Backs Neoantigenics; 100th Investment for GAP Funds
The Herndon-based Center for Innovative Technology (CIT) said it has invested an unspecified amount in Neoantigenics, a Charlottesville-based biotech company developing a targeted treatment for cancer.
04/14/2014 – Chevy Chase-Based NEA Unveils Plans for Second "In The Studio" Program
New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, has announced plans for the second installment of its design mentorship program, known as "In the Studio."
04/14/2014 – SocialLadder honored at Phorum tech conference
About 100 days ago, Alana Bly and Raavi Iqbal took a big risk. They quit their jobs to pursue a startup full-time. Luckily, it paid off.
04/11/2014 – CIT GAP Funds Portfolio Reaches New 100 Milestone with Investment in Neoantigenics
The Center for Innovative Technology (CIT) announced today that its CIT GAP Funds' portfolio reached 100 companies with an investment in Neoantigenics, a University of Virginia spin-out and Charlottesville-based biotech company that is developing a targeted treatment for cancer.
04/10/2014 – Scoutmob raises $3M as the Atlanta startup pivots to e-commerce
Atlanta-based Scoutmob has raised about $3 million in venture capital, short of the $5 million it had been seeking.
04/10/2014 – ZeroFOX Wins 2014 CRTC Rising Star Award
ZeroFOX, a cyber security firm specializing in Social Risk Management, was named the Chesapeake Regional Tech Council’s Rising Star for 2014.
04/10/2014 – nPulse Technologies Named Finalist for CBIC 2014 Award
nPulse Technologies today announced that Charlottesville Business Innovation Council (CBIC) has named the company's Capture Probe eXtreme (CPX) 4.0 appliance as a finalist for the annual CBIC awards.
04/10/2014 – OpGen Gets $11.6M in In-Q-Tel-Led Debt Funding
OpGen has raised $4 million in debt, warrants and securities funding from a group of investors led by In-Q-Tel, Citybizlist reported Tuesday.
04/10/2014 – DC Tech's Gryphn Acquires Text Message Backup Platform Uppidy, Changes Name to ArmorText
Gryphn, the D.C.-based secure mobile messaging platform, announced Wednesday that it has acquired Uppidy, another District startup providing SMS backup solutions.
04/09/2014 – Tech Company Geostellar Is Crowd-Funding An Online Solar Marketplace
Last year, solar stocks performed dismally, but this year investing in the right solar companies has paid off handsomely, especially for those who opted in early.
04/08/2014 – ID.me Raises Another $10 Million In Funding
According to a press release just out, “ID.me, Inc., a 2013 WSJ “Startup of the Year” finalist and leader in the digital identity space, completed a Series A fundraising round of $10 million led by USAA, Silicon Valley Bank, and notable angel investors including David Tisch’s Box Group, Kelly Perdew, K Street Capital, and Blu Venture Investors.
04/08/2014 – Invincea Receives $8.1 Million in Research Contracts For Labs Division
Fairfax-based Invincea announced Monday several milestones in recent months, including scoring $8.1 million in new contracts for the company's advanced research division.