Message Systems Raises New Funding
Message Systems, Columbia, MD, a provider of email and electronic messaging systems including Message Central, an email marketing tool, has announced their raise of funds from Philadelphia based LLR Partners, a middle market private equity firm. The company was founded in 1997. The transaction provides liquidity to NewSpring Capital, which invested in Message Systems in 2010, [...]
True Ventures Rakes In $205 Million For New Fund
The True Ventures team has just raised $205 Million for their latest investment fund. The fund has a local office in Great Falls, VA in a spot that is more like a small town law firm than the high end business district digs of most VC’s in the area. That isn’t all that is different. [...]
KikScore Acquired By Google
Washington, DC-based KikScore, a bootstrapped startup founded by at least one Social Matchbox community member, has just announced its acquisition by Google. The four member team includes the CEO & Co-founder, Rajeev Malik, who is based in the DC area, while three others are in the Denver area. Rajeev originally connected up with the Social Matchbox community through [...]
Digg Sells Humans In Deal With Elite Media!!!
Yeah, sounds like a headline straight out of the Onion. Digg.com, a company that was built by Owen Byrne, a past Social Matchbox panelist, who was hired via Elance.com and scaled up by him and others including Eli White who is a Washington area guy as well, has literally sold humans to the elite media. [...]
TroopSwap.com Raises $100k via CIT
The Center for Innovative Technology (CIT) today announced a $100,000 investment in TroopSwap.com, an e-commerce platform built exclusively for members of the military community. Veterans, service members and their dependents are eligible for TroopSwap membership. TroopSwap validates the military affiliation of registered users to provide local and national business a verified channel to offer military [...]
My Garage Or Yours
When the startup exit climate starts to heat up it isn’t a stretch to say that Monopoly rules are in effect. Everyone wants to cash in, founders, founders seeking to be landlords while being founders, VC’s starting startups that compete with the startups they are soliciting pitches from, VC’s starting job boards, bloggers starting VC [...]
Millennial Media IPO
Earlier today, Baltimore’s Millennial Media, Inc. began trading on the New York Stock Exchange under the symbol “MM”. More details about the offering can be found in the company’s SEC Filing. Morgan Stanley & Co. LLC, Goldman, Sachs & Co. and Barclays Capital Inc. are the joint bookrunners for the offering. Allen & Company LLC [...]
