Former Washington Area Startup, Social Gaming Network (SGN), Acquired!
Social Gaming Network (SGN), a Washington area startup that left for the bay area a few years ago, was acquired this week by Mind Jolt, another gaming network. The terms of the deal were not disclosed. Congratulations to Shervin Pishevar, a friend and former coworker.
You may recall that back in the 2006-2007 time-frame, Freewebs (now [...]
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 [...]
$14 Million Series C Round for LivingSocial
At $44 million in investment, thanks to a Series C round of investment of $14 Million lead by Lightspeed Venture Partners, followed by U.S. Venture Partners, Grotech, and Steve Case, LivingSocial is reaching a critical mass that by far surpasses funding rounds for any other web or software startup on the East Coast that we [...]
Vovici Nets $6.3 Million in Series C Funding Round
Dulles, VA based Vovici, a provider of enterprise feedback management software has just announced a $6.3 million Series C Funding Round. Investors participating in the round included Austin Ventures and the Mayfield Fund – both of these were existing investors.
Go here for a copy of Vovici’s press release.
Private Event for Seed Stage Investors
NVTC will be hosting a closed to the public pitch event for a handful of startups seeking to raise seed stage capital at The Ritz Carlton the morning of April 21st (7:30-10am). The event’s lineup has already been finalized, but may be open to a few accredited investors. Entrepreneur Spotlight Event
The event is being called [...]
Cardagin Networks Raises $1 Million in Series A Funding Round
A few weeks ago we met up with the guys from Cardagin Networks out in Tyson’s Corner Virginia while they were fundraising. Since then Cardagin’s CEO Rob C. Masri has managed to raise $1 million in Series A funding from a group of private investors and angels in Charlottesville, VA, Washington, DC, Atlanta, GA, and [...]
