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Latest News:

04/22/2014 – CIT GAP Funds Invests in Shark Tank Winner Zoobean

Coming on the heels of its hugely successful appearance on ABC's Shark Tank Friday night, Zoobean, an Arlington-based startup that creates personalized selections of children's apps, books and reading guides, has received an investment from the CIT GAP Funds, according to an announcement today by the Center for Innovative Technology (CIT).

04/22/2014 – Fitnet raises $1.4M for its instructional video fitness app

Instructional video fitness app maker Fitnet raised $1.4 million from Valleys’ Ventures and CIT Gap Funds for its fitness app, Fitnet.

04/21/2014 – Maryland invests $600K in cybersecurity startup Luminal

Cybersecurity startup Luminal has moved its headquarters to Maryland and plans to expand, thanks in part to a State investment, Governor Martin O’Malley announced Monday.

04/21/2014 – Major Update to NationalField Product: Mobile-first

Today we are rolling out the largest update to NationalField in nearly two years! Here's a quick overview of what our users can expect.

04/21/2014 – Total Defense's Consumer Business Line Has Merged With Untangle

Signal Hill is pleased to announce that its client, Total Defense, a leading Internet security company, has merged its consumer business line with Untangle, Inc.

04/18/2014 – Oxford Finance, MidCap Close $20MM Senior Credit Facility With Zafgen

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 $20 million term loan with with Zafgen, Inc.

04/17/2014 – Vienna-Based AddThis Hires 3, Forms Content Media Services Group

AddThis, the Vienna-based developer of a popular social sharing and analytics platform, said on Thursday it has formed a new content media services group, and has also hired three new executives.

04/17/2014 – CIT GAP Funds Invests in Urgent.ly

The Center for Innovative Technology announced today that its CIT GAP Funds closed an investment in Urgent.ly, a Northern Virginia-based startup offering a mobile on-demand platform that quickly and easily connects users with nearby and available roadside assistance.

04/16/2014 – CIT GAP Funds Invests in Riogin

The Center for Innovative Technology announced today that its CIT GAP Funds closed an investment in Riogin, a Charlottesville-based company that has solved many issues related to peptide therapeutics.

04/14/2014 – Finalists Selected for TEDCO’s Fourth Annual ICE Awards

The Maryland Technology Development Corporation (TEDCO) announced today that nine finalists have been selected in the organization’s fourth annual ICE Awards.

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