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The investment was made by the Center for Innovative Technology (CIT) via its CIT GAP Funds.
Company Achieves 200% Quarter-Over-Quarter and Year-Over-Year Growth, Now Protecting Nearly 10,000 Organizations World-Wide, Rebrands Flagship Product as Invincea FreeSpace(TM)
NeoChord Inc., a developer of minimally invasive devices and procedures for mitral valve repair, announced that on Sep. 9, the company closed on a $3 million credit facility with Durham, NC-based Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community.
The Herndon-based Center for Innovative Technology (CIT) said it has invested an unspecified amount in Reston-based SL8Z, developer of an online marketplace for crowdsourced recruiting.
InspireMD said Thursday that it has closed $10 million in financing from Hercules Technology Growth Capital.
Five startups, including SameGrain and Light Point Security, received more than $1 million from the VOLT Fund technology loan program administered by the Anne Arundel Economic Development Corporation.
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.
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.
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.
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.