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News & Announcements

07/16/2013 – NEA Leads $4.3M Financing For Cartiva

Cartiva, Inc., a developer of innovative products for the treatment of cartilage injuries and osteoarthritis, today announced that the Company has secured $4.3 million in financing led by New Enterprise Associates (NEA).

07/16/2013 – Arlington-Based In-Q-Tel Invests in HyTrust

HyTrust, a Silicon Valley-based developer of cloud security tools for virtual infrastructure, said on Monday it has landed a new investment as part of a larger technology development deal with In-Q-Tel (IQT), the Arlington-based venture fund backed by the Central Intelligence Agency (CIA).

07/15/2013 – DC Ranks No. 6 on List of "Top Startup Cities -- By Cost & Taxes"

Washington, DC ranks No. 6 on Entrepreneur's new list of the "Top Startup Cities -- By Cost & Taxes." The rankings, compiled by tax-planning startup GoodApril, consider factors such as median tech wages, taxes, housing costs and the cost of office space.

07/14/2013 – Tysons Corner-based ID.me expands online identification network

TroopSwap. Troop ID. ID.me. The ever-changing name of the Tysons Corner company co-founded by Blake Hall and Matthew Thompson provides a visible reminder of how the start-up has evolved and expanded its focus since being formed more than three years ago.

07/12/2013 – Riskive Raises $2.2 Million

Riskive Inc. has raised $2.2 million via sale of shares to 14 investors, according to an SEC filing.

07/11/2013 – New Enterprise Associates Joins $6.3M Series A for Tivli

Tivli, an innovative IP-based service that delivers television to university students on their devices anywhere on campus, announced the completion of a $6.3 million Series A financing.

07/11/2013 – NEA Co-leads $29.6M Round For CVRx

CVRx, Inc., a private medical device company, has completed a private equity financing totaling $29.6 million. CVRx plans to use the funding for the primary purposes of advancing its clinical trials and expanding its international commercial activities. New Enterprise Associates, Inc. (NEA) and Johnson & Johnson Development Corporation were the co-lead investors.

07/11/2013 – Silicon Valley Bank Launches 30 Years | 30 Causes Campaign

In Celebration of 30 Years in Business, Company Kicks Off Series of Community Service Events Around the World

07/10/2013 – Zoomdata lands $4.1 million Series A

Reston-based Zoomdata Inc., a data visualization startup led by former Clarabridge Inc. President Justin Langseth, announced on Wednesday a $4.1 million Series A round led by Columbus Nova Technology Partners.

07/10/2013 – Signal Hill Client Sells Division of Ventraq

Signal Hill is pleased to announce that its client, Spire Capital, has sold the Data Integration / Dynamic Mediation and Personalization / Provisioning product platforms of Ventraq

07/10/2013 – Center for Innovative Technology Invests in Arlington-based CirrusWorks

The Herndon-based Center for Innovative Technology (CIT) said on Wednesday it has invested an unspecified amount in Arlington-based CirrusWorks, a developer of network control platforms designed to help IT managers more efficiently run local area networks.

07/09/2013 – Herndon-Based CIT Invests in Charlottesville's LendPro

The Herndon-based Center for Innovative Technology (CIT) said on Tuesday it has invested in Charlottesville-based LendPro, the developer of a cloud-based service focused on retail in-store consumer finance.

07/09/2013 – McLean-Based TroopID Expands Business; Relaunches as ID.me

TroopID, the McLean-based developer of a service that allows members of the military community to claim benefits while online, said it has relaunched as ID.me, expanding into areas outside the military.

07/09/2013 – Cvent Files for IPO worth up to $100 Million

Cvent Inc. is going public. The McLean, Va.-based maker of online event management software on Monday filed with the Securities and Exchange Commission to raise up to $100 million in an initial public offering of common shares.

07/08/2013 – Signal Hill Creates Partnership with Launchpad Venture Group as Exclusive Investment Banking Sponsor

Signal Hill, the largest independent advisory boutique serving the M&A advisory and private capital raising needs of growth companies, is pleased to announce its sponsorship of Launchpad Venture Group, a Boston-based angel investor group that provides funding to early-stage companies.

07/08/2013 – Square 1 Bank Announces $6 Million Credit Facility to Foundation Radiology Group

Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced that it has provided a $6 million dollar credit facility to Foundation Radiology Group, the leading regional provider of diagnostic imaging services for community hospitals.

07/08/2013 – Fixmo Joins McAfee Security Innovation Alliance Program

A leader in Defense-Grade Mobile Security and Containerization Solutions to integrate its Enterprise Mobility Platform with McAfee's ePolicy Orchestrator

07/08/2013 – Decision Lens Selected by the FRA to Help Prioritize Funding

Decision Lens announced it was selected by U.S. Federal Railroad Administration (FRA) to prioritize funding for its research and development and IT portfolios.

07/02/2013 – AnyPresence Receives 2013 Disruptive Strategy Award

AnyPresence, the leading enterprise backend-as-a-service (BaaS) platform, today announced it was awarded the 2013 Disruptive Strategy Award at this year's Strategy Innovation Awards, held in conjunction with the Chief Strategy Officer Summit in San Francisco, California.

07/01/2013 – Founder & President of High Street Partners Honored with Ernst & Young Entrepreneur Of The Year(R) 2013 Award in Maryland

Larry Harding of High Street Partners (www.hsp.com) is now an Ernst & Young Entrepreneur Of The Year(R) 2013 Award winner in Maryland. The EoY award is given to outstanding high-growth entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities.

07/01/2013 – TDF Ventures Invests in Outbox

Outbox, the startup that digitizes your postal mail then puts it online for access via web, iPhone, Android or iPad, has raised $5 million in Series A funding.

07/01/2013 – Why The Evolution Of Video Blocks Is The Ideal Success Story

Some of the best entrepreneurial endeavors start with a good idea and a business model that already works. Take Joel Holland for example. He is the founder of Video Blocks, the leading online stock footage vendor that is currently projecting this year’s revenue somewhere between $12-$15 million — that’s double its revenue from last year.

06/30/2013 – Politics And Tech: NationalField Streamlines The Campaign Game

Before NationalField built social, Facebookesque platforms for enterprises, its founders provided the organizational framework for President Barack Obama’s 2008 campaign. Now, with their new product – Seeds – Edward Saatchi, Aharon Wasserman and Justin Lewis are getting back to their roots.

06/28/2013 – MITRE Unveils Open Source Software to Secure Mobile Devices

MITRE Corp. has unveiled new open source software that works to protect data stored in mobile devices and helps organizations develop security applications.

06/27/2013 – newBrandAnalytics Launches Social Communities

newBrandAnalytics (nBA), the social intelligence expert for service organizations, announced it has launched two new social communities to provide marketers and operators in the hospitality and food and beverage industries with tips, advice and best practices for maximizing social engagement with their customers.

06/27/2013 – ABS Capital backs Healthnation

ABS Capital Partners and Hughes and Company backed Healthnation's $14 million investment round. Silver Stream Capital also participated in the financing. Healthnation is a user-configurable admin systems provider that targets traditional and new healthcare payers. The transaction was advised by Arch Point Partners.

06/27/2013 – NVTC Names Winners of 12th Annual Hot Ticket Awards

The Northern Virginia Technology Council (NVTC) on Wednesday night announced the winners of its 12th Annual Hot Ticket Awards during an event at the McLean home of President and CEO Bobbie Kilberg.

06/27/2013 – Reston's New Atlantic Ventures Leads $4 Million Round for PokitDok

New Atlantic Ventures, the early-stage venture capital firm with offices in Reston and Massachusetts, said on Thursday it has led a new $4 million round of funding for PokitDok, developer of an online marketplace designed to connect patients with healthcare providers.

06/26/2013 – Citelighter Snags Third at ISTE Pitchfest

Oh, the pressure. Amid all the hubbub of ISTE, startup teams pitched themselves.

06/26/2013 – With Dell deal, Invincea could reach 20 million devices

Invincea Inc. announced on Tuesday an agreement with Dell that will place its browser security software in more than 20 million devices, its first such deal and a major step forward for the Fairfax startup.

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