WeddingWire, a Bethesda, MD based growth stage startup serving the wedding industry announced today that they raised a $25 million investment from Spectrum Equity. The company’s leadership team includes Timothy Chi who was a co-founder of Blackboard, Lee Wang who was VP of Sales at Parature and prior to that a Director at Blackboard. We [...]
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. [...]
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 [...]
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 exchange. [...]
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 [...]
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 Sean McDermott.
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 [...]