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News & Announcements

09/08/2014 – MAVA Announces CEOs James Foster and Dan Berger to Speak At TechBUZZ Georgetown on September 19th

MAVA today announced two Keynote Speakers, CEOs James Foster of ZeroFOX and Dan Berger of Social Tables, who will join the program during TechBUZZ Georgetown 2014.

09/03/2014 – HomeAdvisor Acquires a Majority Stake in Mhelpdesk

HomeAdvisor, a leading marketplace for connecting homeowners with local home service professionals and an operating business of IAC (NASDAQ: IACI), announced today that it has acquired a majority stake in Mhelpdesk, a cloud-based workflow application that helps small to medium-sized field service businesses streamline their operations.

09/02/2014 – 20 Companies Announced to Take the Stage at TECHBUZZ Georgetown

Ranging in development from nascent to seed stage, the startup companies presenting at TechBUZZ Georgetown reflect the strength of the Mid-Atlantic as the birthplace of game-changing innovations.

08/27/2014 – Travel startup GoEuro raises $27 mln

New Enterprise Associates has led a $27 million Series A funding round in Berlin-based travel planning startup GoEuro.

08/27/2014 – Pritok Capital snags $12.4 mln from Oxford Finance

Pritok Capital, a private equity firm that invests in senior care real estate, has received a $12.4 million loan from Oxford Finance.

08/26/2014 – Betterific Puts First Product On Shelf

Betterific, the crowdsourced ideation company, announced recently the first product to come out of its platform: tags on fitted sheets to show which side of the sheet fits which side of the bed.

08/25/2014 – Square 1 Bank lends $7.5M to Durham's Heat Biologics to test cancer therapy

A Durham-based drug developer could borrow up to $7.5 million from a Durham-based bank.

08/25/2014 – Vagabond Raises $550K In Seed Equity And Debt Financing

Vagabond, a cloud-based mobile software and vending management solutions (VMS) provider, has closed $550K in seed financing to execute additions to its product portfolio that include the Insight telemetry hardware and M2M network communications services.

08/22/2014 – Square 1 Bank Provides $1MM Facility to Position2

Square 1 Bank announced that it has provided a $1 million credit facility to new client Position2, a full-service, digital marketing firm that delivers continuous growth for its customers through high performance search, social media, and content marketing.

08/21/2014 – Baltimore's JMI Equity Closes New $1 Billion Investment Fund

JMI Equity, a Baltimore- and San Diego-based private equity firm focused on software and services companies, said on Wednesday it has closed a new $1 billion fund.

08/20/2014 – TEDCO establishes $1M fund for cybersecurity startups

The Maryland Technology Development Corp. has established a $1 million fund to invest in startups launching new cyber security technologies, officials announced Wednesday.

08/19/2014 – diaDexus Secures $15MM Term Loan From Oxford Finance

diaDexus, Inc., a commercial stage developer of proprietary cardiovascular diagnostic products, today announced it has entered into a $15 million senior secured term loan with Oxford Finance.

08/19/2014 – Oxford Finance Closes $10 Million Debt Facility with Senseonics

Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced the closing of a $10 million senior secured term loan agreement with Senseonics, Incorporated ("Senseonics").

08/16/2014 – CIT GAP Funds invests in CargoSense

The Center for Innovative Technology (CIT) announced this week that its CIT GAP Funds closed an investment in CargoSense, a Reston-based startup offering a big data and analytics product to healthcare logistics providers.

08/16/2014 – CIT GAP Funds invests in PhosImmune

The Center for Innovative Technology (CIT) announced this week that it closed an investment in PhosImmune, a Charlottesville-based clinical-stage biotechnology company developing therapeutic cancer vaccines.

08/12/2014 – Bravo Wellness grabs $22 mln from ABS Capital

Bravo Wellness, a provider of wellness programs, said Tuesday that it has raised $22 million in Series A funding from ABS Capital Partners.

08/12/2014 – Windsor Circle raises $5.25 million

E-commerce technology company Windsor Circle has raised $5.25 million in new funding to further capitalize on the traction it is gaining among online retailers.

08/11/2014 – Canvas Integrates With Cloud Apps To Replace Paper Forms Everywhere

Remember that vision of the paperless office? Twenty years ago futurists regaled us with prophesies of a time when the office would be completely electronic and automated.

08/06/2014 – Rapt Media rocks $3.1M from Boulder Ventures

Interactive video solutions provider Rapt Media announced on Tuesday that it has closed $3.1 million in venture financing, led by Boulder Ventures Ltd. The latest round brings Rapt’s total funding to $7.5 million.

08/05/2014 – Scytl Closes $104M To Step Up Growth Of Its Electronic Voting Platform

Electronic voting company Scytl — whose name is pronounced ‘sight-el’ not ‘skittle/scuttle’ in case you’re wondering — has closed off a $104 million Series C funding round, with a $44 million tranche announced today.

08/05/2014 – Bitglass raises $25 mln in Series B funding

Data protection business Bitglass has raised $25 million in Series B funding. New investors include a large global bank and SingTel Innov8, the venture arm of SingTel Group.

08/04/2014 – Silicon Valley Bank Gives Altitude Digital $7M Credit Facility

Altitude Digital, a Denver-based video and display advertising supply-side platform (SSP), on Monday announced it has closed a credit facility deal with Silicon Valley Bank worth $7 million.

08/04/2014 – Vy Capital, Adams Street, Industry Ventures invest $44 mln in Scytl

Election modernization company Scytl has secured an additional $44 million from Vy Capital, Adams Street Partners and Industry Ventures under a funding round initiated in April 2014.

08/01/2014 – Celladon Corporation Secures $25 Million Credit Facility From Hercules Growth Capital

Celladon Corporation CLDN, -0.51% a clinical-stage biotechnology company applying its leadership position in the field of gene therapy and calcium dysregulation, today announced that it has entered into a credit facility with Hercules Technology Growth Capital, Inc. HTGC, -0.69% and its affiliate lenders. The credit facility provides for up to $25 million of loans.

07/31/2014 – NextNav Raised $70 million Series D Financing for U.S.-Wide Indoor Nav

Indoor location provider NextNav has closed last week a $70 million Series D round of financing led by New Enterprise Associates (NEA) and Oak Investment Partners, who were joined by existing investors Columbia Capital, Telcom Ventures and Goldman Sachs Investment Partners.

07/31/2014 – Acentia company wins $97.2M to support NOAA satellite and product office

2020 Company LLC has won a five-year, $97.2 million contract to provide program management, systems engineering and operations and maintenance services to the National Oceanic and Atmospheric Administration.

07/31/2014 – Fate Therapeutics Secures Up to $20 Million in Debt Financing

Fate Therapeutics, Inc. a biopharmaceutical company engaged in the discovery and development of adult stem cell modulators to treat orphan diseases, announced today that it has completed a long-term debt financing of up to $20 million with Silicon Valley Bank.

07/31/2014 – Square 1 Bank Provides $2MM Debt Facility to Novasentis

Square 1 Bank announced that it has provided a $2 million debt facility to new client Novasentis, a leading developer of haptic actuators and sensory technology.

07/30/2014 – Bethesda firm Synapsify raises $850K investment

Synapsify, a text analytics company in Bethesda, has won a $145,000 investment through the Maryland Venture Fund, part of an $850,000 investment round.

07/30/2014 – Cooley Advises New Enterprise Associates and Oak Investment Partners on $70 Million Series D Financing of NextNav

Cooley LLP announced today that it advised investors New Enterprise Associates (NEA) and Oak Investment Partners on the $70 million series D funding of NextNav LLC.

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