Startups

Unwrap info on these major DC-area investments [Startup Roundup]

Big raises for Optoro and TrackMaven. Plus: AddThis and others are on hiring sprees.

Several D.C.-area companies raised millions this week. (Photo by Flickr user Mike_fleming, used under a Creative Commons license)

startup-roundup

WHO’S GETTING MONEY?

Lanham, Md.-based Optoro, which helps retailers to resell their unsold inventory online, raised $50 million in equity — its biggest round ever. Previously, in July 2013, the company raised $23.5 million, according to an SEC filing. This month’s Series C round was led by Silicon Valley investor Kleiner Perkins Caufield & Byers and complemented by return investors including Revolution Growth and Grotech Ventures.
TrackMaven announced it raised $14 million in Series B financing led by New Enterprise Associates, which is set to include $9 million in equity, according to an SEC filing.
Reston-based Canvas, a business mobile app provider, raised $9 million and is hiring accordingly. The expansion is “across the board in dev, sales, marketing, etc.,” said director of marketing Jason Peck in an email.” We’re aiming to grow from about 50 folks now to 90-100 this time next year.”
Reston-based Wealthminder, a financial advising platform, raised $256,000 in shares for a prospective $1 million round, according to an SEC filing.
Networking website GiftedHire raised $250,000 in a prospective $825,000 Series A round, according to an SEC filing.
Lanham-based Framebridge raised $3.75 million in investments led by Revolution Ventures and New Enterprise Associates Seed.
Shaw-based FlyClique, which aims to open up more tech opportunities to people of color, received a $45,000 loan, according to an SEC filing.
 

WHO’S NOT GETTING Money (yet)?

Sitegeist, an app by the Sunlight Foundation that creates nice visualizations out of public data, has until Friday to raise $38,684 of its $45,000 goal. Come now, don’t be a Scrooge.
 

WHO’S making moves?

The D.C.-based research and consultancy firm The Advisory Board Company announced the forthcoming acquisition of Richmond, Va., student recruitment company Royall & Company for $850 million.
 

APPLY HERE

World Information Architecture Day, to be held on Feb. 21, is looking for speakers.
AddThis, a social media tracking company that is preparing to launch new products next year, is hiring intensively. The firm has grown from 45 to 105 employees since 2011, VP of talent Bhavna Dave told Technical.ly DC. “We’re looking at probably adding anywhere between 20 and 30 additional folks next year.”

Companies: TrackMaven / Revolution / Grotech Ventures / AddThis / Sunlight Foundation

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