funding Archives - DC



Nov. 15, 2019 11:11 am

CIT Gap Funds invests in Richmond-based Buddy

The financial terms of the investment were not disclosed but Buddy said it plans to put the funds toward marketing efforts, national expansion and partnerships.

Nov. 14, 2019 1:09 pm

Email protection startup Inky Technology closed a $6M Series A funding round

The College Park, Maryland-based company said the fresh funding will go toward market expansion and hiring new employees in sales and customer service.

Nov. 13, 2019 1:36 pm

Cybrary’s $15M Series B will be used to expand its cybersecurity training platform

The funding round led by Texas-based BuildGroup brings the College Park, Maryland-based company's total capital raise to $23 million.

Oct. 29, 2019 12:45 pm

Revolution closes second Rise of the Rest Seed Fund with $150M to invest in early-stage companies

Plus, here's a look at the local companies that received investment from the first fund over the last two years.

Oct. 29, 2019 7:00 am

Stardog just announced a $9M Series B raise and plans to hire

Led by Tenfore Holdings, the round will allow the company to expand its product offerings.

Oct. 24, 2019 9:21 am

CIT GAP Funds made an investment in Arlington-based Fend

The early-stage fund from the Center for Innovative Technology invested an undisclosed amount into the cybersecurity startup that develops solutions for critical infrastructure.

Oct. 23, 2019 11:30 am

MarginEdge closed a $5M Series A funding round

The Fairfax, Virginia-based curator of a restaurant software platform has now raised $10.4 million to date.

Oct. 21, 2019 1:33 pm

VC funding in the DMV region dropped 25% in Q3 compared to last quarter

So far, the D.C. area's third quarter was its weakest of 2019 for both total dollars invested and total number of deals made. It's behind the pace of 2018, too.

Oct. 8, 2019 1:35 pm

Library of Congress secured a $1M grant to pilot infrastructure for digital research

The grant from the Andrew W. Mellon Foundation for the Computing Cultural Heritage in the Cloud project will allow the institution to better digitize its collections.

Oct. 7, 2019 12:26 pm

Howard University will be part of Techstars’ 10-city Startup Weekend tour

The mentorship-driven seed stage investment program is partnering with HBCUvc to launch this initiative to increase minority representation in the U.S.'s startup ecosystem.

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