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News & Announcements

11/20/2013 – NEA Joins $16M Series C For Apprenda

Apprenda, the leader in enterprise Platform as-a-Service (PaaS), announced a $16 million Series C financing round led by Safeguard Scientifics, Inc. (NYSE:SFE) with participation from existing investors Ignition Partners and New Enterprise Associates.

11/20/2013 – New Enterprise Associates Joins $40M Round For Lytro

Lytro, Inc., creator of the world’s first consumer light field camera, announced that it has raised a $40 million round of financing from new investor North Bridge Venture Partners along with existing investors.

11/20/2013 – Riskive Rebrands Itself as ZeroFOX

Riskive, the Baltimore-based advanced computer security firm, has renamed itself as ZeroFOX in a rebranding exercise.

11/15/2013 – LLR Partners Adds Former CIA Chief Technology Officer Ira A. Hunt as Operating Partner

Private equity firm LLR Partners has brought on Ira A. (Gus) Hunt, former Chief Technology Officer of the Central Intelligence Agency (CIA), as an operating partner.

11/14/2013 – Fairfax-Based DataRPM Lands $800,000 in Funding, CIT Among Investors

DataRPM, the Fairfax-based developer of a business intelligence platform for big data analysis, said on Thursday it has raised $800,000 from 20K Industries, CIT GAP Funds and other angel investors.

11/14/2013 – Windsor Circle scores $950K as add-on to its Series A round

Windsor Circle has raised approximately $950,000 as an add-on to its Series A funding, which now totals over $2.4 million.

11/14/2013 – Political Tech Provider NGP VAN Acquires NationalField To Help Mobilize Campaigns

While NGP VAN provides analytics to give campaigns a view into how they’re doing from a high level, NationalField was founded to help campaigns manage and mobilize people on the ground.

11/13/2013 – Light Point Security Named One of Top Five in Wall Street Journal’s Startup of the Year Competition

Named in Top Five Out of 24 Participants and 500 Applicants

11/13/2013 – Clearleap Secures $20 Million Led by Investor Susquehanna Growth Equity

Clearleap, the leading provider of multiscreen video logistics for the television industry, announced that it has closed a $20 million round of funding, bringing its total financing to $36 million.

11/13/2013 – Edison Ventures Completes Follow-on Investment in RedVision

Edison Ventures is pleased to announce a $5 million follow-on investment in NJ-based RedVision.

11/13/2013 – SocialToaster moving to ETC at Johns Hopkins Eastern

SocialToaster plans to soon move into a new office at the Emerging Technology Center at Johns Hopkins Eastern.

11/13/2013 – Opower Leads DC-Area Companies in Deloitte Technology Fast 500

Opower, the Arlington-based developer of energy management software, is the highest-ranked local company in the newly released Deloitte Technology Fast 500, an annual ranking of the fastest growing technology, media, telecom, life sciences and clean technology companies in North America.

11/13/2013 – MAVA Corporate Tech Member Acentia Acquires Fredericksburg-based InSysCo

Acentia, a Falls Church-based provider of technology and management consulting services to the federal government, said it has acquired Fredericksburg-based InSysCo, a provider of IT services focused on finance to federal clients.

11/13/2013 – SocialToaster Relocating to ETC at Johns Hopkins Eastern

SocialToaster could move into a new 3,000 SF office at the Emerging Technology Center at Johns Hopkins Eastern as early as next month, the Business Journal reported.

11/11/2013 – Mobile System 7 Wins NVTC Innovator Award

Mobile System 7, a leader in enterprise mobile security, announced today that they’ve been chosen as the winner of the 2013 NVTC Innovator Award for Mobility.

11/06/2013 – Millennial Media Completes Acquisition of Jumptap

Millennial Media (NYSE:MM), the independent leader in mobile advertising, announced it has completed its acquisition of Jumptap.

11/05/2013 – Columbia Capital leads $23 million round in Seattle's 2nd Watch

Alexandria-based Columbia Capital has led a $23 million growth round in 2nd Watch Inc., a Seattle startup that helps its customers shift their IT operations to Amazon Web Services.

11/05/2013 – Encore Scores CEA as New Customer in the Midst of Funding

D.C.'s Encore is blazing trails in the social media analytics world. About a quarter of the way into their angel round of funding, Encore has already attracted great investors from the local area.

11/04/2013 – ITSolutions, an Acentia Company, Wins $27 Million Contract from Military Health System Enterprise Infrastructure Directorate

ITSolutions, an Acentia company ("Acentia"), today announced that it has been awarded a $27 million, 2.5 year contract from the Military Health System (MHS) Enterprise Infrastructure (EI) Directorate to provide innovative program management and technical support.

11/04/2013 – Bambeco Raises $4.5 Million in First Round Led by New Atlantic Ventures, Maryland Venture Fund

Bambeco, a Baltimore-based online retailer focused on eco-conscious home furnishings and décor, said on Monday it has raised $4.5 million in its first institutional round of funding, led by New Atlantic Ventures.

11/01/2013 – Silver Spring-Based ReelGenie Debuts Video Storytelling Technology

In a major milestone for the Silver Spring-based startup, ReelGenie on Friday officially debuted its video storytelling technology through a partnership with photo merchandising company York Photo.

10/31/2013 – Jibe, Silicon Valley Bank Close $4MM Credit Facility

Jibe, Inc. closed a $4 million credit facility from Silicon Valley Bank lending greater viability to Jibe’s position as one of the fastest-growing technology innovators in the recruiting and human capital management (HCM) market and will be used to continue the company’s rapid expansion and growth.

10/30/2013 – Horizon Technology Finance Leads $6 Million Venture Loan Facility for Nanocomp Technologies

Horizon Technology Finance Corporation today announced it led a $6 million venture loan facility for Nanocomp Technologies, Inc.

10/29/2013 – Sterling-Based 9Lenses Lands $1.1 Million Investment

9Lenses, a Sterling-based developer of organization intelligence software, said it has landed a new $1.1 million investment from Silicon Valley-based Icon Venture Partners.

10/29/2013 – MAVA Leadership Member Core Capital's Tom Wheeler Confirmed as FCC Chairman

The Senate has unanimously confirmed Tom Wheeler as the new chairman of the Federal Communications Commission (FCC), nearly six months after President Obama nominated the managing director of DC-based investment firm Core Capital Partners for the role.

10/28/2013 – GlycoMimetics sets IPO price range at $14 to $16 per share with MAVA Leadership Member NEA as largest shareholder

Gaithersburg-based GlycoMimetics Inc. set the terms for its upcoming IPO on Monday, planning to sell 4 million shares at between $14 and $16 apiece.

10/28/2013 – Harbert Venture Partners Joins $16M Series E For PeopleMatter

PeopleMatter – the only cloud-based workforce management platform designed specifically for the service industry – today announced that it has secured $16 million in Series E funding.

10/28/2013 – MorganFranklin Consulting Wins 2013 Inc. Hire Power Award for Boosting American Jobs

MorganFranklin Consulting, a leading business consulting and technology solutions company based in McLean, Va., and London, today announced that the firm has won a 2013 Inc. Hire Power Award, recognizing private companies that are adding jobs and rebuilding the economy.

10/28/2013 – SL8Z Crowdsourced Recruiting Closes First Venture Round

The investment was made by the Center for Innovative Technology (CIT) via its CIT GAP Funds.

10/28/2013 – Invincea Announces Major Revenue and Deployment Milestones, Names 17 New Clients

Company Achieves 200% Quarter-Over-Quarter and Year-Over-Year Growth, Now Protecting Nearly 10,000 Organizations World-Wide, Rebrands Flagship Product as Invincea FreeSpace(TM)

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