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News & Announcements

06/24/2014 – SIM Partners Secures $8M in Series A Funding

SIM Partners said that it has raised $8M in Series A funding led by River Cities Capital Funds and Jump Capital.

06/23/2014 – Scivantage Raises $20M to Fuel Continued Growth and Product Innovation

ORIX Ventures, Comerica Bank, BBH Capital Partners and Edison Ventures Lead Latest Round to Support Client Demand and Strategic Partnerships

06/23/2014 – EY Announces EdgeConneX CEO Randy Brouckman Is an EY Entrepreneur Of The Year™ 2014 Award Winner in Greater Washington

Award Recognizes Entrepreneurial Excellence in Technology and Biotechnology Category

06/20/2014 – Ernst and Young Entrepreneur of the Year Awards Greater Washington Revealed: ECS Federal, Matchbox Among Winners

To the tune of a live jazz band playing the Daft Punk song “Get Lucky”, the 2014 Ernst and Young Entrepreneur of the Year Awards of Greater Washington winners were last night unveiled at the Ritz Carlton Tysons Corner

06/17/2014 – River Cities Capital Funds leads an $8M tech round

River Cities Capital Funds, a national venture capital firm that splits its headquarters between Cincinnati, Ohio and Raleigh, led an $8 million investment round in social marketing automation firm SIM Partners.

06/17/2014 – VeloCloud Networks Announces $21 M in Funding Led by NEA, Venrock and The Fabric

VeloCloud Networks, Inc., a pioneer in Cloud-Delivered WAN, today announced it has raised $21 million in funding led by leading venture capital firms New Enterprise Associates (NEA) and Venrock as well as incubator firm, The Fabric.

06/17/2014 – Oxford Finance Closes $6.1 Million Senior Credit Facility with Synergy Health Centers

Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced that a $6.1 million round of financing was provided to Synergy Health Centers ("Synergy").

06/17/2014 – MEDIA ADVISORY: 20 Startups to Present at TechBUZZ Summer 2014

300+ angel and venture investors, corporate partners, entrepreneurs and business advisors will gather to see 20 technology or tech-enabled companies present their innovative businesses at the Mid-Atlantic Venture Association’s (MAVA) TechBUZZ for summer 2014.

06/16/2014 – MAVA Announces CEOs Blake Hall and James Quigley to Speak at TechBUZZ Hosted at AOL Fishbowl

MAVA today announced two Keynote Speakers, CEOs Blake Hall of ID.me and James Quigley of Canvas, to join the program during TechBUZZ-Summer 2014.

06/13/2014 – Square 1 Bank Provides $1.5MM Credit Facility to Education Elements

Square 1 Bank announced that it has provided a $1.5 million credit facility to new client Education Elements, Inc., a nationally recognized personalized learning solutions company that partners with districts and schools to transform teaching and learning through integrating technology and pedagogy in the classroom.

06/13/2014 – Astea Announces $3 Million Credit Facility from Silicon Valley Bank

Astea International Inc. (NASDAQ:ATEA), a global provider of service management and mobile workforce solutions, today announced that it has obtained a two year revolving line of credit for working capital needs from Silicon Valley Bank (SVB) for $3 million.

06/11/2014 – Oxford Finance Closes $4MM Debt Facility With IntelliCyt

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 $2.5 million senior secured term loan agreement and a $1.5 million revolving line of credit with IntelliCyt Corporation ("IntelliCyt").

06/11/2014 – RuiYi Closes $4 Million Venture Loan from Silicon Valley Bank

RuiYi, Inc., a global therapeutic innovation leader, announced today the close of a $4 million debt financing from Silicon Valley Bank to advance a pipeline of novel monoclonal antibodies (mAb) targeting G protein coupled receptors (GPCRs).

06/10/2014 – Biotech company Cellphire earns $1M State investment

In their usual state, platelets don’t have a very long shelf life.

06/09/2014 – River Cities Capital closes largest fund to date, celebrates 20th anniversary

River Cities Capital Funds (RCCF), a growth equity firm investing in high-potential health care and IT companies, announced today the final closing of its fifth fund.

06/09/2014 – XebiaLabs Raises $12m in Growth Equity Round by Updata Partners

Leading delivery automation vendor XebiaLabs today announced it has closed a $12 million growth equity investment by Washington, D.C. based Updata Partners.

06/06/2014 – Senseonics nets $20M, starts trials for connected, embedded continuous glucose monitor

Germantown, Maryland-based continuous glucose monitor developer Senseonics raised $20 million from existing investors Anthem Capital, Delphi Ventures, Greenspring Associates, Healthcare Ventures, and New Enterprise Associates.

06/06/2014 – Yieldbot Raises $18 Million to Continue Building its Real-Time Media Channel for Consumer Intent

Yieldbot, a leading provider of real-time consumer intent to digital marketers, today announced it has raised a $18 million Series B round of funding.

06/05/2014 – nPulse Acquired by FireEye

nPulse Technologies has been acquired by San Jose, California-based FireEye, a leading international cyber security firm.

06/05/2014 – Triblio Raises $3.4M For A Data-Driven Approach To Content Marketing

Triblio, a startup that says it’s bringing “science to the art of content marketing,” is announcing that it has raised $3.4 million in seed funding.

06/05/2014 – Elasticsearch Raises $70M as It Expands Enterprise Search and Analytics Play

Real-time search and analytics platform provider Elasticsearch has raised a $70 million Series C funding round, led by New Enterprise Associates with additional participation from Benchmark Capital and Index Ventures.

06/05/2014 – Senseonics Raises $20 Million

Senseonics, a privately held medical device company focused on the development and commercialization of the first fully implantable, long-term continuous glucose monitoring (CGM) system, announced that it has raised an additional $20 million of private equity financing.

06/04/2014 – CytImmune earns $400K State, County, corporate investment

Rockville-based CytImmune is working to revolutionize cancer treatment through tumor-targeted therapies.

06/04/2014 – Edtech startup Allovue raises $800K

Allovue raised $800,000, according to SEC filings. The Hollins Market edtech startup, an AccelerateBaltimore graduate, was recently part of the second class of startups at Socratic Labs in New York.

06/04/2014 – Aasonn Secures $20M Investment from LLR Partners

Aasonn, LLC , a global technology services partner to SAP SuccessFactors, today announced the completion of a $20M investment by private equity firm LLR Partners .

06/03/2014 – Fixmo U.S. business to be acquired by Calif. tech company

Sterling, Va.- and Toronto-based tech company Fixmo, which creates security software for mobile devices, has agreed to sell its United States business division to Good Technology, a software firm headquartered in Sunnyvale, Calif.

06/03/2014 – Nanotherapeutics Secures $30 Million Loan Facility from Hercules Technology Growth Capital

Nanotherapeutics, Inc., an integrated biopharmaceutical company with a focus on advanced development and manufacturing, announced today that it has secured a $30 million loan facility from Hercules Technology Growth Capital, Inc.

06/03/2014 – 20 Area Start-Ups to Take the Stage at TechBUZZ Summer 2014

AgTech, Cyber, eCommerce, EdTech, Media, and Hospitality Among Sectors Represented.

06/02/2014 – Relypsa Secures Loan Facility of Up to $35 Million

Relypsa, Inc. (Nasdaq:RLYP), a biopharmaceutical company, today announced it has secured a loan facility of up to $35 million with Oxford Finance LLC ("Oxford") and Silicon Valley Bank ("SVB").

05/29/2014 – Salsa Labs receives Maryland Venture Fund’s largest-ever investment, $1M

Salsa Labs, a marketing software provider for nonprofit organizations and social and political campaigns, has received the largest-ever investment from the State-run Maryland Venture Fund.

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