10/08/2013 – NHS to Work with Basho for Electronic Health Service
The UK’s National Health Service (NHS) is radically rethinking the way it deals with data, using Silicon Valley-based Basho Technologies’ Riak distributed database as part of its Spine2 database system used for dealing with its increasingly digitized health service.
10/08/2013 – Notable Solutions Awarded U.S. Army Certificate of Networthiness
Notable Solutions, a leading provider in secure information collection and output management solutions, announced today it has been awarded the U.S. Army Certificate of Networthiness (CoN) by the U.S. Army Network Enterprise Technology Command (NETCOM).
10/05/2013 – Merchants are minding their digital critiques
Greg Dodge, owner of Zavino at 13th and Sansom Streets, likes to say that there is no marketing like word of mouth, and once a week, a report arrives on his cellphone that lets him measure just what those words are worth.
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.
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.
09/18/2013 – New Enterprise Associates Joins $50M Round for Blue Jeans Network
Blue Jeans Network, the global leader in interoperable video collaboration services, announced it has secured $50 million in new funding led by Battery Ventures.
09/16/2013 – Herndon-Based CIT Invests in Blacksburg-Based Fitnet
The Herndon-based Center for Innovative Technology (CIT) said on Tuesday it has invested in Blacksburg-based Fitnet, developer of a virtual fitness studio app.
09/12/2013 – FiscalNote Raises $1.2 Million, Plans Move to Bethesda
FiscalNote, developer of a platform designed to quickly make sense of unstructured state and local government legislation, has raised $1.2 million in seed funding and plans to relocate from Silicon Valley to Bethesda, according to published reports.
09/10/2013 – 9Lenses Closes $3M Series A Round Led by Kinetic Ventures
9Lenses, a new Software-as-a-Service (SaaS) venture that provides packaged organizational intelligence and analytics, announced today that it has closed a Series A round of financing.
09/10/2013 – Clarabridge raises $80 million in private equity
Analytics firm Clarabridge Inc. announced an enormous $80 million growth round Tuesday, ranking among the largest fundings for a D.C.-area tech company this year.
09/06/2013 – AOL Completes Acquisition of Adap.tv
Combination Solidifies AOL’s Position as a Leader in Premium and Programmatic Video Advertising
09/05/2013 – NEA Leads $30M Series C for Hearsay Social
Hearsay Social, a leading enterprise social sales platform, announced strong year-over-year business growth and momentum driven across four key dimensions: new customer growth, strategic industry partnerships, international expansion, and pivotal leadership hires.
09/04/2013 – TDF Ventures Joins $3M Round For AppMesh
AppMesh, a leading Mobile Sales Enablement and CRM solution, today announced it has completed a $3 million investment led by InterWest Partners.