Columbia-based Lotame Solutions raised $14.9M in equity [Startup Roundup] - Baltimore


Mar. 19, 2014 12:15 pm

Columbia-based Lotame Solutions raised $14.9M in equity [Startup Roundup]

This is the Startup Roundup. Every Wednesday morning, Baltimore will put together the smaller pieces that make up our startup ecosystem.

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who’s getting funded?

Lotame Solutions, Inc., based in Columbia, Md., has raised $14.9 million in equity, according to SEC filings. The company, with offices in New York as well, sells a data-management platform to publishers and marketing firms.

CoFoundersLab, based in Rockville, Md., has received a $75,000 investment from the state’s Maryland Venture Fund. The startup organizes Meetups in Baltimore city and elsewhere as a way for potential startup cofounders to meet each other, and recently began publicly soliciting funds as a result of the new SEC rules.

who’s making moves?

Landover, Md.-based edtech company 2U, which recently filed for its initial public offering, has set its IPO price range. 2U “plans to sell 8 million shares at between $11 to $13 apiece,” according to the Baltimore Business Journal.

Andrew Zaleski

Andrew Zaleski is a freelance journalist in Philadelphia and the former lead reporter for Baltimore. Before moving to Philadelphia in June 2014, he was a contributing writer to Baltimore City Paper and a Tech Check commentator for WYPR 88.1 FM, Baltimore city’s National Public Radio affiliate. He has written for The Atlantic, Outside, Richmond magazine, Washington City Paper, Baltimore magazine, Baltimore Style magazine, Next City,, The Atlantic Cities, and elsewhere.

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