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

 

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10/23/2013 – CIT Invests in SL8Z CrowdSourced Recruiting

The Center for Innovative Technology (CIT) announced today that its CIT GAP Funds closed an investment in SL8Z, Inc., a global marketplace for crowdsourced recruiting located in Reston.

10/22/2013 – Wellington Financial Provides $2.5 Million Growth Capital to SaaS Platform Company

Wellington Financial LP, a privately-held specialty finance firm, today announced the closing of a US$2.5 million venture debt financing for a Southern California-based software-as-a-service (SaaS) web platform company.

10/22/2013 – Higher Logic Ranked Among Top 100 Washington, D.C. Companies in Annual Inc. 500|5000

Higher Logic, the leading industry provider of private social networking software for associations, franchises and users groups, has been ranked #18 among the Top 100 Washington, D.C. Companies in Inc.s seventh annual Inc. 500|5000.

10/22/2013 – CC13 Presenter Univa Completes Acquisition of Grid Engine Assets

Univa, the Data Center Automation company, today announced that the company will assume support of Oracle Grid Engine customers. As a part of the transaction, Univa acquired Oracle Grid Engine assets and intellectual property making it the sole commercial provider of Grid Engine.

10/21/2013 – Maryland Tedco seeks $30M to invest in veteran-owned businesses

An arm of the Maryland Technology Development Corp. is aiming to raise $30 million for a new fund dedicated to investing in veteran-owned businesses.

10/17/2013 – Square 1 Bank Provides Credit Facility to CrossCut Ventures

Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced that it has provided a credit facility to Santa Monica-based CrossCut Ventures, a seed-stage venture capital firm.

10/16/2013 – How Playlists Help College Hopefuls, Overwhelmed Advisers

Mytonomy, a D.C.-area video startup, aims to connect students with college and career advice from near-peers and other role models.

10/16/2013 – A string of Washington area companies collect venture capital investments from investors including Updata Partners, LLR Partners

Venture capital deals in the fourth quarter may be off to strong start after a series of companies from around the Washington region collected millions of dollars from investors this week.

10/15/2013 – DLA Piper advises Vocalocity in $130m deal with Vonage Holdings

DLA Piper has advised Vocalocity, a provider in the SMB-hosted VoIP market, on the $130m (£82m) sale of its business to New Jersey-based telecommunications provider Vonage Holdings.

10/15/2013 – Nginx Raises $10M Series B Round Led By NEA

Nginx, the company behind the increasingly popular web server by the same name, today announced that it has raised a $10 million Series B round led by New Enterprise Associates.

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