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12/20/2013 – Carl Rosenblatt, Liz Renninger, Gary Stegman Join Acentia Business Development Team

Acentia CEO Todd Stottlemyer has introduced three new officials with at least four decades of combined experience for the company’s business development unit.

12/19/2013 – AcelRx Secures $40 Million Credit Facility with Hercules Technology Growth Capital

AcelRx Pharmaceuticals, Inc. (Nasdaq: ACRX), a specialty pharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of acute and breakthrough pain, today announced that it has entered into a new amended and restated credit facility with Hercules Technology Growth Capital, Inc.

12/19/2013 – iJET Secures Investment from LLR Partners

iJET International, Inc. (iJET), a leading operational risk management solutions provider, today announced the completion of an investment by private equity firm LLR Partners.

12/18/2013 – Huddle sees cloud business flourish with In-Q-Tel backing

Cloud computing firm Huddle knows the perks of being backed by the CIA’s nonprofit investment arm, In-Q-Tel.

12/18/2013 – Greenspring Associates, NEA Take Part in $50M Round for CloudFlare

A pair of local venture capital firms, Owings Mills-based Greenspring Associates and Chevy Chase-based New Enterprise Associates (NEA), have taken part in a $50 million round of funding for San Francisco-based CloudFlare.

12/18/2013 – Cell Therapeutics Gets Remaining $5M From Hercules Technology Loan

Cell Therapeutics, Inc. (CTI) (NASDAQ and MTA: CTIC) announced that CTI has received the remaining $5 million from Hercules Technology Growth Capital, Inc. (NYSE: HTGC) available under the existing loan agreement that was established in March 2013.

12/17/2013 – Center for Innovative Technology Invests in McLean-Based DivvyCloud

The Center for Innovative Technology (CIT) announced that its CIT GAP Funds invested in DivvyCloud, a McLean-based startup that provides software to help companies optimize their hybrid cloud-based IT infrastructure.

12/17/2013 – Square 1 Bank Announces $12.5 Million Credit Facility to NutraMed, Inc.

Square 1 Bank (“Square 1”), the premier banking partner to entrepreneurs and the venture capital community, announced today it has provided a $12.5 million credit facility to NutraMed,Inc. (“NutraMed” or the “Company”), a leading manufacturer of nutraceuticals and dietary supplements.

12/16/2013 – Invincea Snags $16M to Grow Sandbox Cybersecurity Model

Invincea, a cybersecurity company operating out of Fairfax innovating the use of virtual containers (or sandboxes) to keep computers safe from malware and other attacks, announced Monday that it has received $16 million in series C equity funding.

12/16/2013 – Silicon Valley Bank provides $3M financing to Lincor Solutions Inc.

Silicon Valley Bank, financial partner to technology and life science businesses and their investors worldwide, today announced that it has provided Lincor Solutions Inc., supplier of point of care computing platforms and patient engagement technology, with a $3 million equipment Line of Credit.

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