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Check back regularly for news, coverage, and announcements about MAVA.


News & Announcements

09/06/2012 – GramercyOne Grabs $6 Million Venture Capital Equity

Software developer GramercyOne has landed $6 million in new venture capital investment, according to an SEC regulatory filing.

09/05/2012 – MedClimate among Finalists Named for AARP Health Innovation@50+ LivePitch

The DC-based AARP and LivePitch Media on Wednesday announced the 10 start-up finalists for their AARP Health Innovation@50+ LivePitch, a competition designed to showcase start-ups in the "50 and over" health technology and innovation sector.

09/05/2012 – New Enterprise Associates Joins $80M Round For Desire2Learn

Desire2Learn Inc., a Canadian technology firm, said on Tuesday it has secured $80 million in venture funding that will be used to help strengthen its infrastructure and boost its growth prospects. The privately held company, a leading developer of online learning systems, is based in Ontario’s Kitchener-Waterloo area, just minutes away from the home of BlackBerry maker Research In Motion.

09/05/2012 – H.I.G. BioVentures Joins $15.5 Million Series A For Intact Vascular

Intact Vascular, Inc., a developer of medical devices for minimally invasive peripheral vascular procedures, announced the completion of a $15.5 MM Series A financing

09/05/2012 – NeuWave Medical, Inc. Announces $14 Million Financing Led by H.I.G. BioVentures to Further Commercial Success of Microwave-Based Ablation Tools

Medical device company, NeuWave Medical, announced today that it has raised a $14 million Series B financing, led by new investor H.I.G. BioVentures, with participation from existing shareholders, including Venture Investors, WARF and the State of Wisconsin Investment Board.

09/05/2012 – Third Set of Pilot Agency Grades powered by newBrandAnalytics Show Progress

Mayor Vincent C. Gray has released the third set of monthly grades – covering the entirety of August – from the pilot program, an advanced customer-service platform designed to provide the best possible feedback on, and analysis of, service delivery and customer care by District government agencies.

09/04/2012 – Kinergy Health Semi-Finalist in Blue Button Challenge

Kinergy Health was selected as a semi-finalist in the Advisory Board Company's Patient Engagement Blue Button® Challenge.

09/04/2012 – CIT GAP Funds Invests in YaSabe, Inc.

The Center for Innovative Technology today announced a $100,000 investment in YaSabe, Inc. of Herndon, VA, as part of a larger round of financing for the company.

08/30/2012 – We Speak With Washington DC 500 Startups, Startup: Speek

While a lot of people are talking about TechCrunch Disrupt NY Battlefield winner UberConference when it comes to conference calling startups, another conference calling startup has been brewing in the Washington DC area. We first got to check out Speek back in May at the Capital Connection and TechBuzz conference in Washington DC.

08/29/2012 – Kinergy Health Eases Challenges of Eldercare

The emotional, psychological, and physical stress associated with caring for an aging, sick parent is draining, frustrating, and leaves one feeling helpless when navigating the seemingly endless bureaucracy within the American healthcare system.

08/29/2012 – August Member of the Month: High Street Partners

Our member for the month of August is High Street Partners, a company that offers international business software and services.

08/29/2012 – MAVA Executive Director Recruited by State Department as Mentor in Croatia

The Executive Director of the Mid-Atlantic Venture Association (MAVA) is mentoring young business leaders in the Republic of Croatia at the request of the U.S. State Department. As a mentor, Julia Spicer is working with 25 young entrepreneurs who were selected based on their start up business ideas as participants in the Startup Camp program.

08/29/2012 – Columbia Capital Joins $40M Financing for NuvoTV

NuvoTV, an English-language cable network for bi-cultural Latinos in the U.S., has sealed $40 million in new financing to expand its original programming.

08/27/2012 – New Enteprise Associates Leads Series B in Aerospike

Aerospike said it raised a Series B round of funding led by New Enterprise Associates and joined by existing investors Draper Associates and Alsop Louie Partners

08/26/2012 – Canvas selects nonprofits to get its app for free

Who: James Quigley. Company: Canvas, a Reston-based service that allows users to create Web applications for data collection.

08/24/2012 – burning down the conference bridge

Oh, to be rid of conference call headaches. What a world it would be.

08/24/2012 – Speek’s monosyllabic branding advantage CEO John Bracken co-founded Evite is a great name, for much the same reason Kleenex is a great name. In both cases, the words entered popular usage to denote not only the brand itself, but a discreet product — you send an Evite, you use a Kleenex.

08/24/2012 – Cloud computing software provider inks deal with In-Q-Tel

Cloud computing software provider Adaptive Computing inked a partnership with CIA venture capital wing In-Q-Tel to develop a cloud operating system tailored to the intelligence community, the company announced.

08/23/2012 – Sonatype Named to Inc. Magazine's 31st Annual List of America's Fastest-Growing Private Companies

Inc. magazine today ranked Sonatype on its 31st annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies.

08/22/2012 – MorganFranklin Corporation Named to 2012 Inc. 500|5000 List of Fastest-Growing Private Companies in America

For the second time in its 14-year history, MorganFranklin Corporation has been named to the Inc. 500|5000 list of the nation's fastest-growing private companies.

08/22/2012 – SocialToaster Names Walt Rampata Chief Marketing Officer, Unveils New Website

SocialToaster, which raised almost $2 million in June, has named Walt Rampata as its new Chief Marketing Officer while introducing a new design to its website.

08/21/2012 – MorganFranklin Corporation Named to Consulting Magazine's 2012 'Best Firms to Work For' List

For the second time in just five years, MorganFranklin Corporation was recognized by Consulting magazine as one of the “Best Firms to Work For,” ranking 12th on the publication’s prestigious 2012 list.

08/20/2012 – On the cusp of a market push, NewBrandAnalytics hires new CEO

Kristin Muhlner likens work at a start-up to a theme park ride, with the ups, downs, twists and turns coming quickly and often.

08/20/2012 – FUNDED: RESTAURANT SAVIOR; Foodem Announces $75K from MarylandTEDCO

Not much thought goes into the process of how the steaming hot plate of pasta or a juicy burger gets to our plate. But Kash Rehman says it’s not as easy as it might seem. The Groupons out there help restaurant patrons find deals, but how about the managers?

08/20/2012 – Inc. Magazine Names WeddingWire on Inc. 500 for 2012

WeddingWire, the nation's leading technology company serving the $100 billion wedding and events industry, announced the company is ranked number 309 out of 500 on Inc. magazine's 31st annual Inc. 500 list.

08/19/2012 – Reality Mobile Group Raises Half of $4.3 Million Offering

Reality Mobile Group Inc., a developer of enterprise mobile technology, has raised $2.25 million, or about 53 percent of a $4.25 million mixed offering, from one investor.

08/17/2012 – Feature on New Markets Venture Partners (Frank Bonsal III)

3 Things We Learned From EverFi's Deal EverFi’s recent funding from some of the biggest names in tech is a teachable moment for the rest of the community.

08/16/2012 – WeddingWire Takes 26,180 SF in the Chevy Chase Metro Building

WeddingWire has leased 26,180 square feet at 2 Wisconsin Circle, a LEED-certified, 234,683 square foot class A office building in Washington’s Bethesda/Chevy Chase submarket.

08/15/2012 – Clark Enterprises-backed Verax Biomedical Raises over Half of $5 Million Mixed Offering

Verax Biomedical Inc., which has developed technology to enable rapid blood tests, has raised $2.78 million, or over 55 percent of a mixed offering of $5 million, from 11 investors, according to an SEC filing.

08/15/2012 – DC-Based EverFi Raises $10 million in Second Round of Funding, NEA participated in the round

EverFi, the DC-based developer of an education technology platform designed to teach life skills such as student loan management and alcohol prevention, said on Wednesday it has raised $10 million in its second round of funding from investors including Amazon founder and CEO Jeff Bezos, Twitter founder Evan Williams and Rethink Education.

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