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 outside Washington, D.C. He's written for Wired, Backchannel, Popular Science, Fortune, the Washington Post Magazine, the Atlantic and elsewhere.


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