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News & Announcements

07/23/2013 – Riskive Closes $2.2M Seed Round co-Led by Core Capital Partners

Riskive, the Social Risk Management company, today announced it has secured $2.2 million in seed funding from Genacast Ventures (a fund formed in partnership with Comcast Ventures), Core Capital and a world-class group of individual investors.

07/23/2013 – Sourcefire Acquired By Cisco for $2.7B

Cisco (NASDAQ: CSCO) and Sourcefire (NASDAQ: FIRE) today announced a definitive agreement for Cisco to acquire Sourcefire, a leader in intelligent cybersecurity solutions.

07/23/2013 – Edison Ventures Leads $7M Series C For RealMatch

RealMatch, a performance-based recruitment advertising, announced today it has raised $7 million in Series C venture capital financing led by Edison Ventures with participation by existing investor, Carmel Ventures.

07/22/2013 – Spotlight on Paladin Capital Group and In-Q-Tel: Venture Funds Invest in Electronic Spying Startups

Snowden Revelations Spotlight Growth of Private Companies Working in Cyberwarfare

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

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