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


News & Announcements

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.

08/14/2012 – AnyPresence raises $5.5M led by Grotech Ventures

Reston cloud-based software maker AnyPresence has raised $5.5 million in new funding. Grotech Ventures led the new investment with existing investor Kinetic Ventures.

08/14/2012 – MAVA Members Harbert Venture Partners and Square 1 Bank Participate as Netsertive closes on $10M for local digital ad tech

Local digital advertising has been one of major new media strategies and having technology that automates the process is paying for Durham, NC-based Netsertive.

08/13/2012 – The New Way To Recruit - Bisnow Profile of Barrel of Jobs

The DC region has the second highest tech job growth in the US after NY this year, according to a recent DICE report. But new recruiting tools are making it easier for other states to gain on us.

08/10/2012 – Washington DC Startup Barrel Of Jobs Launches

We first covered Washington DC startup Barrel of Jobs back in May. They were one of 28 startup teams pitching at the two day Capital Connection event in our nation’s capital.

08/08/2012 – Bambeco CEO Susan Aplin Wins Smart CEO’s Brava! Award

Smart CEO presents Brava! Award to bambeco CEO Susan Aplin. The Brava! Award recognizes business accomplishments, leadership, entrepreneurial spirit and philanthropy.

08/08/2012 – Chevy Chase-Based New Enterprise Associates Invests in Influitive

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, said it has invested in Toronto-based Influitive, developer of a platform for advocate marketing.

08/08/2012 – CIT Names Two Regional Ambassadors for GAP 50 Awards

The Herndon-based Center for Innovative Technology (CIT) has named two new regional ambassadors for its upcoming GAP 50 Entrepreneur Awards.

08/07/2012 – Chevy Chase-Based NEA Takes Part in $50M Round for

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, has taken part in a new $50 million round of funding for Massachusetts-based, developer of a web service that helps families connect with caregivers.

08/06/2012 – Sawbuck Realty raises $3.5 million for house-hunting iPhone app

D.C.-based Sawbuck Realty has raised $3.5 million in a Series A funding round led by Revolution Ventures and The JBG Cos. Managing Partner Robert Stewart, money that will support Sawbuck's house-hunting app HomeSnap.

08/03/2012 – UMUC Takes Third in National MITRE Corp.'s 2012 Capture the Flag (CTF) Cyber Challenge Competition

A team of undergraduate cybersecurity students from the University of Maryland University College (UMUC) placed third out of 53 teams at Mitre Corp.'s recent 2012 Capture the Flag (CTF) Cyber Challenge.

08/03/2012 – Intacct Announces 2012 Partner Award Winners

Cloud Savvy Firms High Street Partners and McGladrey Make President's Club

08/02/2012 – Eloqua [ELOQ] to Ring The NASDAQ Stock Market Opening Bell

Eloqua [ELOQ], a provider of B2B marketing automation and Revenue Performance Management solutions, will visit the NASDAQ MarketSite in Times Square to celebrate its initial public offering (IPO) on The NASDAQ Stock Market.

08/01/2012 – Speek Disrupts the Communication World With a Revolutionary Take on the Traditional Conference Call

Speek (yes, I spelled it right) is a refreshing take on the concept of conference calls, where as most call websites would make you use a phone number with a corresponding PIN, Speek utilizes a link to your ‘call profile’ (something like so that a simple click can get you started with your phone call.

08/01/2012 – WealthEngine Announces Launch of WealthEngine Institute and New Workbook, Growing Individual Gifts: An Analytic Approach to Data-Driven Success

WealthEngine, Inc.™, the leading provider of sophisticated wealth identification and prospect research solutions, announced today at the Association of Prospect Researchers for Advancement's 25th Anniversary 2012 International Conference, the launch of the WealthEngine Institute.

08/01/2012 – Chevy Chase-Based NEA Increases Investment in Box

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, said it has increased its investment in Silicon Valley-based Box, the developer of a popular content sharing platform.

08/01/2012 – Knight In Shining App-er

James Quigley wants you to give away your products and services for the good of humankind. Don’t worry, he’s doing it himself, too. The Canvas founder says the best route to innovation and job growth is for small businesses to take the lead.

07/31/2012 – NEA Leads $27M Series A-1 in Mersana Therapeutics

Mersana Therapeutics, Inc., a biopharmaceutical company developing its Fleximer antibody-drug conjugate (ADC) platform and pipeline of small molecule Fleximer conjugates, announced that it has closed a $27 million Series A-1 financing led by new investor New Enterprise Associates (NEA).

07/31/2012 – Wasabi Ventures CEO Digs Into His Baltimore Roots

You can take Tom "TK" Kuegler out of Baltimore, but he’ll leave his heart and checkbook behind.... And last month Wasabi joined a syndicate of investors including Baltimore Angels and Blu Venture Investors of Vienna, Va., to ply Baltimore startup Social Toaster with nearly $2 million in capital.

07/30/2012 – Centrifuge Accelerates Momentum through FinTech Innovation Lab Award

Centrifuge (, a leading provider of Visual Network Analysis solutions, announced that it was chosen from a large field of early and growth-stage companies that applied to participate in the exclusive FinTech Innovation Lab program.

07/30/2012 – newBrandAnalytics featured in Tech Bisnow

They Hate You? In high school, be who you are, no matter what people say. In business, it's change, change, change, because of what people say. newBrandAnalytics tracks social networks to recommend those big changes.

07/27/2012 – Maryland, Virginia biotech VC funding down from last year

Biotech firms in Maryland and Virginia landed $91.7 million in venture funding for the first half of this year.

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