HelloWallet Raises $12 Million in Series B

By bob | Jan 26, 2012

HelloWallet, the Washington, DC based startup that provides people and employees of companies with web based financial planning software has just announced a raise of $12 Million in a Series B round.
Morningstar, Inc. invested $6.75 million and TD Fund (TDF) invested $4 Million.  The team indicated that existing investors also participated in the new round.
Morningstar [...]

Revolution Growth Raises $450 Million To Fund East Coast Startups

By bob | Dec 1, 2011

Steve Case, Ted Leonsis and Donn Davis have just announced investor commitments totaling $450 million in the new Revolution Growth fund.  The team plans to use the money primarily to invest in East Coast companies with innovative and disruptive business models that come packed with potential for explosive growth.  Given that Leonsis and Case invested [...]

Seva Search Raies $1.3 Million Series A

By bob | Oct 28, 2011

Seva Search, Potomac, MD, has just announced their raise of a $1.3 Million Series A round.  The company offers a local search engine that connects consumers with local businesses in near real-time via the Seva Call proprietary platform. Consumers save time while Seva Call finds high quality businesses that can meet their needs at their [...]

*Clearspring Adds New CEO: Yahoo! Alum Ramsey McGrory

By bob | Sep 26, 2011

Tyson’s Corner based *Clearspring has just announced the changing of the guard at the highest level.  Yahoo! Alum Ramsey McGrory is CEO of *Clearspring.  Founder and CEO Hooman Radfar will continue to be involved as the company’s Executive Chairman.  McGrory lead the Yahoo! US data business and Right Media, pioneer of the digital advertising [...]

PlaySay Announces Raise of $570k

By bob | Sep 14, 2011

Washington, DC based PlaySay announced earlier today that they raised $570k. Investors in the deal, which took place quite some time ago (details disclosed publicly today) include Kevin Yu, former director of PayPal Japan, Sean Glass (Novak Biddle Partners), and Novak Biddle Venture Partners. PlaySay’s offering is a language learning method enables friends [...]

ePals Raises $23 Million

By bob | Aug 8, 2011

According to a report from Tech Journal South, ePals, Inc., a startup company based in Herndon, VA, has raised $23 Million  $47.2 Million in new funding. They (Tech Journal South) pointed to this SEC Filing. The company has received investments from Steve and Jean Case, Mitchell Kapor, National Geographic Ventures, Microsoft, Ted Leonsis, Yossi Vardi [...]

Cvent Raises $136 Million in Late Stage VC Money from NEA

By bob | Jul 20, 2011

Cvent, a McLean, VA based software company that started up back in 1999 has just announced their raise of $136 Million in new funding.  This round, the first in ten years, was lead by New Enterprise Associates (NEA) and Insight Venture Partners.  Greenspring Associates also participated.  Cvent plans to use the funds to add an [...]

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