07/22/2013 – Lockton reaches $1 billion milestone
Lockton Companies Inc. surpassed $1 billion in revenue for the first time ever.
07/21/2013 – Washington area firms raise $418M in venture capital during second quarter
Local firms raised more money from venture capitalists during the second quarter of the year than in any three-month period since before the economic downturn, according to an industry report published last week.
07/19/2013 – DC-Area Companies Attract Most VC in a Quarter Since 2007
Private companies in the DC area attracted $418.2 million in venture capital during the second quarter, the highest quarterly total since 2007, according to the latest MoneyTree report from PricewaterhouseCoopers (PwC) and the Arlington-based National Venture Capital Association (NVCA), based on data provided by Thomson Reuters.
07/19/2013 – AnyPresence Named One of the AlwaysOn Global 250 Companies to Watch
Innovative Startup Recognized for creating new opportunities in the Global Silicon Valley
07/18/2013 – BioAmber Closes $25M From Hercules Capital
BioAmber Inc. (NYSE and EURONEXT Paris: BIOA) announced that it has closed on a $25 million, three-year term loan with Hercules Capital.
07/17/2013 – Maryland DBED invests 200k in Optoro
Optoro—a Lanham-based startup specializing in reselling items that have been returned to major retailers—is flexing its fundraising muscles.
07/17/2013 – Edison Ventures Invests $5.5M in Canada-based eSentire
Edison Ventures today announced $5.5 million investment in a $7.0 million total financing round in Ontario, Canada based eSentire.
07/17/2013 – Oxford Finance Provides $12.15 Million Term Loan to Mason Health
Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced that it closed a $12.15 million term loan with Mason Health.
07/17/2013 – Videology, Backed by NEA, Closes Series D Round Worth $68.3 Million
Videology Inc., which has developed a sophisticated video platform to help advertisers shift from television to the Internet, has completed a $68.3 million Series D financing round led by Catalyst Investors.
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.