Cardagin Networks Raises $4.25 Million Series A Funding Round
Earlier today we learned from the folks at Cardagin Networks that they have successfully completed a $4.25 Million Series A Funding Round. The Charlottesville, VA company launched here on the East Coast at last year’s SocialMatchbox Startup Launch event and helps local business owners leverage mobile phone based GPS technology to identify when loyal customers [...]
410 Labs Raises $750,000 Series A Round
410 Labs (Shortmail, Replyz, Mailstrom) a Baltimore, MD based multi-product startup co-founded by Baltimore’s Dave Troy and Bethesda’s Matt Koll, both seasoned founders and startup executives, told us just over a month ago that they had raised a round of funding. A few weeks later we heard them pitch the University of Maryland Dingman Center’s [...]
App47 Raises $1 Million Raise from Valhalla Partners
App47, a Reston, VA based startup company that provides enterprise mobile application management tools has just announced their January 2011 raise of $1 million in initial funding from Valhalla Partners. Their offering includes mobile application analytics to be used by companies to improve mobile apps. The company was co-founded by Chris Schroeder and [...]
The Straight Shooter: Meet Grotech’s Bobby Ocampo
Authenticity isn’t a quality usually associated with venture capitalists. But Bobby Ocampo, an associate at DC-based Grotech Ventures, was pretty straightforward from the moment I asked my first question.
“I’ll just start talking, and let me know when you start to fall asleep,” he joked, launching into an explanation of his background.
Ocampo was raised by parents [...]
*Clearspring Raises $20 Million In Series D Round
This morning Northern Virginia based startup *Clearspring, McLean, VA, announced their Series D raise of $20 million in new funding. The round was spearheaded by Institutional Venture Partners (IVP), but also involved existing investors. IPV is a later-stage venture capital and growth equity firm that has also kicked in funds to companies like Twitter and [...]
Centrifuge Systems Raises $2 million As Part of Larger Series A Round
Centrifuge Systems, Inc., a McLean, VA based startup that provides interactive data visualization technology and a link analysis software announced that it has raised an additional $2 million in Series A financing by Novak Biddle The company also named an existing board member, Rene Lorton, as the company’s new CEO. In addition [...]
Living Social Raises An Additional $400 Million, Bringing Their VC Tab to a Whopping $797 Million!
I’m going to do something I rarely do: eat my own words. There apparently is a bubble in Washington, DC after all. All the people out there saying there is a bubble are just plain eager to have one, but they have been focusing their attention in the wrong places. It is just a one [...]




