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Latest News:

10/04/2013 – Introhive plans to raise as much as $7 million

District-based Introhive plans to raise as much as $7 million to accelerate sales of its professional networking software, from a group of investors that includes CRM giant salesforce.com, according to CEO Jody Glidden.

10/02/2013 – Salesforce.com Bets on Social Selling Platform Introhive

Introhive is an enterprise application that could help deepen the Salesforce.com portfolio of sales, marketing, and CRM tools. The Introhive social selling app analyzes employee communications and compares them with other company data, to create an enterprise-wide view of existing relationships with customers and prospects.

10/01/2013 – Oxford Finance LLC provides $14.5M in financing to JAG Healthcare

Oxford Finance LLC has closed a $13 million senior secured term loan and $1.5 million revolving lined of credit to Ohio-based JAG Healthcare.

10/01/2013 – Cigital Secures $50M Investment From LLR Partners Read more about Cigital Secures $50M Investment From LLR Partners

Cigital, the world leader in software security services and solutions, today announced the completion of a $50M equity investment by LLR Partners.

10/01/2013 – Kirkland, DLA Piper Work on Active Deal: Business of Law

Kirkland & Ellis LLP and DLA Piper LLP worked on the deal to take private Active Network Inc. (ACTV), a company that manages online registration for marathons, business conferences and other events. Vista Equity Partners is buying Active for about $1.05 billion in cash.

10/01/2013 – New Enterprise Associates joins $10M round for drug accelerator

Chevy Chase-based New Enterprise Associates has joined in a $10 million financing for Cydan LLC, a Cambridge, Mass.-based orphan drug accelerator.

09/30/2013 – Revolution Ventures to Close $200 Million Fund Today for Companies Including MAVA Presenters Booker, Homesnap

Consider this another win not only for the D.C. area, but also for everywhere else not-Silicon Valley.

09/30/2013 – Silver Spring Startup Gets $500K State Grant

Weather Analytics, a young company that recently moved from Virginia to Maryland, was the latest recipient of a grant from the Maryland Venture Fund's InvestMaryland program.

09/27/2013 – NEA Wins Big as eBay and PayPal Acquire Braintree

The Chevy Chase-based venture capital firm New Enterprise Associates got fantastic news yesterday when one of its portfolio companies out of Chicago, Braintree, was purchased by e-commerce giant eBay for $800 million.

09/26/2013 – Bethesda-Based Novak Biddle Increases Investment in UniversityNow

Novak Biddle Venture Partners, the Bethesda-based venture capital firm, said on Tuesday it has increased its investment in UniversityNow, a San Francisco-based operator of two online universities, as part of the company's new $19 million third round.

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