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News & Announcements

03/20/2013 – Activity Rocket is Soaring into NoVA

Two local moms were tired of scouring the internet and beyond to find extracurricular activities for their own children, and created the award-winning Activity Rocket website.

03/20/2013 – Reston-Based Uppidy Raises New Seed Funding

Uppidy, the Reston-based developer of a text message storage platform, has raised a new round of seed funding, increasing its total backing to $600,000, TechCrunch reported on Wednesday.

03/20/2013 – CIT named Julia Taxin to its CIT GAP Funds investment advisory board

The Herndon-based Center for Innovative Technology (CIT) on Wednesday named Julia Taxin to its CIT GAP Funds investment advisory board, a panel of private sector experts who guide investment decisions for CIT in Virginia tech companies.

03/20/2013 – Demand Media Takes Domain Services Business to Dublin - IDA Ireland

Demand Media® (NYSE: DMD), a leading digital media and domain services company, today announced the opening of what will be its largest international office in Dublin, Ireland.

03/20/2013 – FleetSafer Now Available on Kyocera with Sprint® Direct Connect®

Aegis Mobility, the leading provider of software to help prevent work place distracted driving, announced today that its FleetSafer®application, which promotes responsible driving, is now available on Kyocera DuraCore, DuraXT, DuraMax and DuraPlus phones with Sprint®Direct Connect®.

03/20/2013 – Basho Open-Sources Riak CS, Its Big Data Storage Software For Companies That Want Their Own Amazon S3 Cloud

Basho is open-soucing Riak CS, its storage software that integrates with Amazon Web Services. Riak CS will be available under an Apache 2 license.

03/19/2013 – Chevy Chase-Based NEA Increases Investment in MapR Technologies

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, said on Tuesday it has increased its investment in Silicon Valley's MapR Technologies, developer of an Apache Hadoop data analytics platform.

03/18/2013 – Herndon-Based YaSabe Lands $2.7 Million in Seed Funding

YaSabe, a Herndon-based provider of local and mobile search services for U.S. Hispanics, said on Monday it has raised $2.7 million in seed funding, which the company will use to bolster product development and marketing, as well as to forge new business partnerships.

03/18/2013 – NEA creates NEA Studio in New York

New Enterprise Associates has launched NEA Studio, a 12-week program program in New York for designers who create mobile and web startups.

03/18/2013 – Square 1 Bank Names Former Edison Venture Principal to Head Boston Office

Square 1 Bank, a bank that focuses on entrepreneurs and the venture capital community, has named Michael Madden as senior vice president and managing director in its Boston office.

03/18/2013 – Troop ID raises $2.1 million in VC

Troop ID has raised $2.1 million from investors including David Tisch and Mark McLaughlin, TechCrunch reports.

03/17/2013 – The Winners of Tech Cocktail’s SXSW Power Hour Pitch Jam Are…Homesnap and Speek Named Winners

Most disruptive: Homesnap (Washington, DC) and Best pitch: Speek (Washington, DC)

03/15/2013 – NEA Launches New Program for Designers in New York

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, has launched a new program aimed at designers launching mobile and web startups in New York.

03/15/2013 – DC Startup Homesnap Was Back At SXSW After Nailing Investment At SXSW 12 [video][sxsw]

Washington DC startup HomeSnap has got to be the best tool for those shopping for a new home.

03/14/2013 – Mandiant: ‘advanced attackers’ exploiting trusted supplier-client VPN

Advanced attackers are increasingly exploiting the privileged communication channels that targets give their suppliers to launch attacks, according to US security firm, Mandiant.

03/14/2013 – Chevy Chase-Based NEA Co-Leads $2.7 Million Round for DeveloperAuction

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, has co-led a new $2.7 million round of funding for San Francisco-based DeveloperAuction, the creator of an online marketplace designed to help developers find job opportunities at tech companies.

03/14/2013 – CIT will sponsor Startup Weekend events

The Herndon-based Center for Innovative Technology (CIT) said on Thursday that it will sponsor Startup Weekend events this spring in Charlottesville, Harrisonburg, Roanoke and Fredericksburg.

03/13/2013 – University chooses Canvas for its cost, ‘flexibility’

Canvas, an “open source” program created by a company called Instructure, is set to replace Blackboard in spring 2014.

03/13/2013 – Zillow challenger Homesnap declared “Most Disruptive Startup” at TechCocktail’s SXSW Showcase

Homesnap is a Washington, DC-based startup that is hoping to shake things up for home buyers by offering the first mobile-first solution in the category.

03/13/2013 – Endgame gets $23M led by Paladin Capital Group, and former NSA director

Herndon-based cybersecurity company Endgame Inc. has closed on a $23 million investment from new and existing investors, and it is getting a former National Security Agency head as a board member.

03/12/2013 – Sawbuck Realty has launched their iPhone app, HomeSnap, and closed a new $2M round of funding

Sawbuck Realty has launched their iPhone app, HomeSnap, and closed a new $2M round of funding, led by DC-based real estate investor Robert Stewart.

03/12/2013 – Danny Boice: How I Won a SXSW Pitch Contest

Guest Danny Boice, co-founder and CTO, Speek, Washington, D.C.: So I go to South by Southwest. It’s my third or fourth time, whatever. I figure I’ll go, pimp Speek out, and grab some drinks.

03/11/2013 – Orchestro Relocates Headquarters from DC to McLean

Orchestro, a provider of services designed to help brands make better supply chain decisions using big data, said on Monday it has relocated its headquarters from DC to McLean, after nearly doubling its staff over the past 90 days.

03/11/2013 – A.R.E.S Extinction Agenda Getting Ported On Xbox 360

The 2D platform-shooter A.R.E.S. Extinction Agenda, developed by Arcsys, will receive a Xbox 360 port in the near future.

03/11/2013 – DC Tech Get Exposed at SXSW

There's a good chance that several of these SXSW attendees are from DC. And some will compete in the 5th annual startup accelerator that starts today, including Zoomdata, ReelGenie, Tista Games, and Home Team Therapy.

03/08/2013 – Baltimore-Based ABS Capital Leads $30M Round for Alloy Digital

ABS Capital Partners, a Baltimore-based investment firm focused on late-stage companies in the education services, healthcare, media and communications and technology sectors, said it has led a new $30 million round of funding for New York-based Alloy Digital, owner and operators of several top YouTube channels.

03/07/2013 – Booker Named Finalist in NYC's Prestigious H.E.L.M. Award

Booker (formerly GramercyOne), a service management platform (SMP) that unifies operations and automated marketing on a single cloud-based system, has been named one of 20 finalists in the "Take the H.E.L.M." competition.

03/07/2013 – NEA invests more in Silicon Valley's Nevro

New Enterprise Associates invested more money into Silicon Valley-based Nevro Corp., a medical device company that focusses on improving pain relief in patients suffering from chronic pain.

03/06/2013 – Homesnap Builds First Mobile Real Estate Platform Around Iconic "Snap" Feature and Unrivaled Big Data

Homesnap is set to unveil its powerful new mobile real estate platform at SXSW Interactive in Austin.

03/06/2013 – WeddingWire and GayWeddings.com Celebrate Two Years of Partnership with Education for Wedding Professionals

WeddingWire, the nation’s leading online wedding marketplace, is excited to celebrate two years of collaboration with GayWeddings.com, the pioneering online boutique and planning resource for same-sex couples.

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