Media Inquiries: For all MAVA media inquiries, please contact us at 703-506-9300 or email mava@mava.org.
 

 

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

  

News & Announcements

05/27/2014 – CNF Investments-backed Speek Raises $2.6 Million

Speek Inc. has closed a $2.6 million equity offering, raising the amount from 40 investors, according to an amended SEC filing.

05/22/2014 – Comerica Bank-backed WealthEngine Raises $5.1 Million

According to an SEC filing, WealthEngine Inc. has raised $5.1 million from nine investors via issue of Series B preferred shares and convertible shares.

05/22/2014 – ID.me makes Entrepreneur Magazine's '100 Brilliant Companies' list

McLean-based ID.me, a company that makes digital identification cards to verify eligibility for military, student or first-responder discounts, was named to Entrepreneur Magazine's 2014 list of "100 Brilliant Companies."

05/21/2014 – Mimosa Secures $20 Million in New Funding Led by NEA

Mimosa Networks, Inc ., a pioneer in last mile gigabit wireless technology, announced today a $20 million investment in Series C funding led by returning investor New Enterprise Associates (NEA).

05/21/2014 – River Cities Capital Funds launches fifth fund for healthcare and IT startups

River Cities Capital Funds, a growth equity firm investing in high-potential healthcare and IT companies, is pleased to announce the final closing of its fifth fund. Fund V has reached a $200 million hard cap.

05/20/2014 – Cyber Squared Inc. Announces Launch of ThreatConnect European Community

Cyber Squared Inc. announced today that ThreatConnect, the leading threat intelligence platform, has launched a European Community of Interest.

05/14/2014 – Nonprofit Organizations Raised $9.4 Million in Q1 through Salsa Labs' Online Charitable Giving Platform

In the first quarter of 2014, Salsa Labs, Inc.(Salsa) nonprofit clients raised $9,471,492 through Salsa's platform that helps nonprofits grow, engage and retain their base of online support.

05/14/2014 – Ceterix Completes $18MM Financing With SVB, Oxford Finance, Others

Ceterix Orthopaedics, Inc., a developer of novel surgical tools for arthroscopic procedures, announced that the company has closed $18 million in new financing.

05/13/2014 – Wellington Financial Provides $5 Million Growth Capital to Agiliance

Wellington Financial LP, a privately-held specialty finance firm, today announced a $5 million expansion financing for Agiliance® , Inc.

05/08/2014 – Chevy Chase-Based NEA Leads $23.6 Million Round for Igneous Systems

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, has led a new $23.6 million round of funding for Seattle-based data center infrastructure startup Igneous Systems, the company announced.

05/07/2014 – FireEye Buys in Virginia... Again

The DC region is a hub for cybersecurity expertise and one California company’s recent acquisitions show it's also a good place to shop.

05/07/2014 – AOL To Acquire Convertro

AOL Inc. (NYSE: AOL) today announced the continued strategic investment in its programmatic platforms by entering into an agreement to acquire Convertro Inc., a leading provider of multi-touch attribution modeling technology for brands and agencies.

05/07/2014 – Startup Rehabtics wins Towson University competition, gains entry to TowsonGlobal

Baltimore software startup Rehabtics LLC is the winner of Towson University’s annual business competition.

05/07/2014 – Biocept, Inc. Closes $10 Million Term Loan Facility With Oxford Finance LLC

Biocept, Inc., a molecular diagnostics company specializing in oncology biomarker detection and monitoring through circulating tumor cells (CTCs) and cell-free circulating tumor DNA, today announced that it has closed a loan facility of up to $10 million (the "facility") with Oxford Finance LLC ("Oxford").

05/07/2014 – Here are the 22 finalists for Maryland Incubator Company of the Year

The Maryland Business Incubation Association has announced 22 finalists for the Maryland Incubator Company of the Year Awards.

05/06/2014 – DC-Based Pinbooster Relaunching as Loop88

DC-based Pinbooster, the leading marketing platform for Pinterest, has announced today that it will be relaunching as loop88.

05/06/2014 – Loxo Oncology Closes a $24 Million Series B Financing and Expands Management Team

Loxo Oncology, Inc., a biopharmaceutical company focused on developing targeted cancer therapies for genetically-defined populations, announced today that it has closed a $24 million Series B private financing round led by New Enterprise Associates (NEA).

05/06/2014 – Bethesda-Based WealthEngine Raises $7 Million in Second Round

WealthEngine, a Bethesda-based provider of wealth identification and prospect research tools, said it has raised $7 million in its second round of funding, which came from previous backers Novak Biddle Venture Partners, as well as Streamlined Ventures, HKB Capital and individuals.

05/06/2014 – Harbert Sells Onward Behavioral Health to Clearview Portfolio Company

Harbert Private Equity Fund II, LLC (“HPEF II”) announced today that it has sold its portfolio company, Onward Behavioral Health, Inc. (“Onward”) to Pyramid Healthcare, Inc. (“Pyramid”), a portfolio company of Clearview Capital, LLC.

05/05/2014 – AnyPresence Named "Cool Vendor in PaaS, 2014" by Gartner

AnyPresence, a leading cloud-based, enterprise mobile development platform, today announced that it has been named a "Cool Vendor in PaaS, 2014” by Gartner Inc.

05/04/2014 – NEA-backed newBrandAnalytics Raises $5 Million

newBrandAnalytics Inc. has raised $5 million via sale of shares, warrants and preferred shares to six investors, according to an SEC filing.

05/02/2014 – Five MAVA Members in the E&Y Entrepreneur of the Year 2014 Finalists List

The EY Entrepreneur Of The Year 2014 finalists have a lot to celebrate. They've built their dream companies. Expanded. Innovated. And now EY is recognizing them for their achievements.

05/01/2014 – Kaltura Acquires Leading Pay OTT Technology Provider Tvinci

Upon heels of $47 million funding round, video platform Kaltura purchases Tvinci to create the world’s most comprehensive end-to-end Pay OTT TV offering

04/30/2014 – Square 1 Bank Provides $4.5MM Credit Facility to SpringCM

Square 1 Bank announced that it has provided a $4.5 million credit facility to SpringCM, the leader in Content Cloud Services.

04/30/2014 – LeadiD Raises $7M in Series A Funding Round

LeadiD, the first neutral, privacy-friendly, trusted arbiter of lead transactions, announced today that it has raised $7M in Series A funding from Comcast Ventures and Tribeca Venture Partners.

04/30/2014 – Foodem Partners with Restaurant Association Metropolitan Washington (RAMW)

Foodem, an innovative B2B online food procurement marketplace and business intelligence solution for the $650 billion U.S. wholesale food distribution industry, and the Restaurant Association Metropolitan Washington (RAMW), are pleased to announce the establishment of their new strategic partnership.

04/30/2014 – Geostellar Raises $1 Million Crowdfunding on Return on Change

Geostellar, a leading online solar rooftop marketplace, has closed a $1 million round of equity crowdfunding.

04/30/2014 – Industry Ventures and Square 1 Financial Form New Strategic Partnership

Square 1 Financial, Inc., the holding company for Square 1 Bank, and Industry Ventures LLC, a leading investment firm for venture capital, today announced a strategic partnership to more fully serve the venture community.

04/30/2014 – ZeroFOX Secures $11M in Series A Funding Led by NEA to Combat Social Cyber Attacks

ZeroFOX, The Social Risk Management Company™, today announced it has secured $10.7 million in Series A funding led by New Enterprise Associates (NEA).

04/29/2014 – Clarabridge Raises $6 Million to Fund Market Metrix Acquisition

Clarabridge Inc. has raised $6 million issue of share and debt from a single investor for its acquisition of Market Metrix, a California feedback management firm serving the leisure and hospitality industries.

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