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Latest News:

08/08/2013 – CIT GAP Funds Invests in WealthForge Holdings

The Center for Innovative Technology (CIT) announced today that its CIT GAP Funds has closed an investment in WealthForge Holdings, Inc., a Richmond-based company that runs a complete, cost-effective and scalable transactional system connecting to crowdfunding portals, investment banks and investment advisors.

08/08/2013 – VividCortex Raises $2 Million from CIT and Others

VividCortex Inc. has closed a $2 million round of financing, most of it from investors in Charlottesville, termed by its co-founder as “the East Coast’s best-kept sleeper tech hub secret.”

08/07/2013 – Updata Partners Leads $12.5M Series B For LendKey

LendKey (formerly Fynanz), the cloud-based lending technology company located in New York City and Cincinnati, announced the closing of an additional $12.5 million in Series B venture funding led by new investors Updata Partners and TTV Capital, as well as existing investors Draper Fisher Jurvetson and Gotham Ventures.

08/07/2013 – Betterific adds USA Today as a client

Betterific, the digital suggestion box that gives users a place to sound off on everything from fast food to mobile phones and beyond, recently partnered with USA Today to bring crowdsourced suggestions for improvement to the attention of the news media's marketing team.

08/07/2013 – AOL Buys Adap.Tv For $405 Million

In addition to solid earnings, AOL is reporting this morning that it has acquired Adap.tv for $405 million.

08/05/2013 – WealthEngine Partners with Avectra

Avectra, a leading web-based Social CRM developer of member and donor-based software for associations and not-for-profits, today announced that WealthEngine, Inc., the leading provider of sophisticated wealth identification and prospect research solutions, has joined the Avectra Business Partner Program.

08/02/2013 – Horizon Tech Leads $6M Loan for Ekahau

Horizon Technology Finance Corporation (NASDAQ: HRZN), a specialty finance company today announced it led a $6 million venture loan facility for Ekahau, Inc.

08/02/2013 – Building a Cybersecurity Startup in Maryland

Zuly Gonzalez, Co-founder and COO of Light Point Security, shares the story behind Light Point Security and talks about what makes Maryland a hub for cybersecurity startups.

08/01/2013 – Pritok Capital Closes $7.2M from Oxford Finance

Oxford Finance LLC , a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced that it closed a $7.2 million senior secured term loan with Pritok Capital .

08/01/2013 – NEA-backed Rhythm Holding Raises $11 Million

Rhythm Holding Company LLC has secured $11 million from sale of shares to three investors, according to an SEC filing.

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