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Check back regularly for news, coverage, and announcements about MAVA.

Latest News:

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.

09/25/2013 – U.S. IPO Activity Expected to Reach Highest Level Since 2007

2013 likely will be the strongest year for U.S. initial public offerings (IPOs) since 2007, with volumes reaching pre-crisis levels, according to a new report by accounting and advisory firm Ernst & Young.

09/20/2013 – Millennial Media Announces HSR Clearance for Its Proposed Acquisition of Jumptap

Millennial Media (NYSE: MM), the independent leader in mobile advertising and data, today announced that it has received clearance from the U.S. Federal Trade Commission, or FTC, through the expiration of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to its proposed acquisition of Jumptap, Inc.

09/20/2013 – Millennial Media’s Appnexus Deal Creates Mobile Ad Network to Rival Google

Millennial Media, one of the larger mobile ad companies, has joined with AppNexus to set up the Millennial Media Exchange, creating a mobile marketplace that, by one measure, would make it bigger than the one offered via Google, Business Insider reported.

09/19/2013 – Private equity firm LLR opens D.C. office

When we wrote, one year ago, about the rise of outside "growth" cash on the D.C. venture scene, LLR Partners was one of the firms on our radar. The Philadelphia-based investment group, which had put an undisclosed amount of cash in Columbia-based Message Systems, was clearly scouting out the region for more deals.

09/19/2013 – LLR Partners Appoints Jason Rigoli and Michael Levenberg

Industry veterans, Jason Rigoli and Michael Levenberg, have joined LLR Partners to broaden the private equity firm’s Security, Defense & Government Services portfolio.

09/19/2013 – UMD Recognized for Top Entrepreneurship Programs

The University of Maryland has once again made The Princeton Review's list of the country's top entrepreneurship programs.

09/19/2013 – JMI Equity-backed Empathica Acquired by Mindshare Technologies

Mindshare Technologies, a leader in Voice of the Customer (VoC) technologies, has acquired Empathica, the leading global provider of social Customer Experience Management (CEM) solutions.

09/18/2013 – Mandiant Expands Operations In Europe

Alexandria-based Mandiant Corp., a major security incident response management company, has expanded its European operations, opening an office in England, hiring key sales personnel in the region and announcing new agreements with a distribution partner.

09/18/2013 – TA Associates Invests in Arxan Technologies

TA Associates, a leading global growth private equity firm, today announced it has completed a majority investment in Arxan Technologies, Inc., a leading provider of software security solutions.

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