WHO’S GETTING FUNDED?
McLean, Va.-based ArmorText, which secures text messages in the cloud, raised $1.9 million out of a $3.5 million offering, according to an SEC filing. It brought Neeraj Gupta, an executive at the Mountain View, Calif.-based Appcelerator, onto its board of directors.
Reston, Va.-based small business loan platform StreetShares (“Shark Tank meets eBay”) raised $375,000, according to an SEC filing.
RevSite.com, a mobile-enabled website design company based in Arlington, raised $1 million, according to an SEC filing.
Message Systems, an email software company headquartered in San Francisco and Columbia, Md., raised $27 million in debt and equity, according to a press release. CEO Phillip Merrick told Technical.ly DC in an email that the investment “will be used to further expand and develop our Sparkpost cloud email offering, which has already received a strong reception in the market. We continue to hire across all our U.S. locations, including Columbia, Seattle and San Francisco, and the staff growth will be fairly even across these locations.”
loop88, an Arlington-based marketing platform for Pinterest, raised $200,000 from a prospective $1 million round, according to an SEC filing.
Bowie, Md.-based Inovalon, a company that conducts data analytics through cloud software holdings, underwent the region’s first IPO this year. Here’s coverage from the Washington Business Journal, the Washington Post and the company’s press release.
https://twitter.com/WashBizClabaugh/status/565942569407098881
WHO’S MAKING MOVES?
LivingSocial sold Let’s Bonus, which operates in Spain, Portugal, Italy and Chile and was its last non-English language business, according to TechCrunch.
D.C.-based edtech company Always Prepped has been acquired by Portland-based Alma, according to a press release.
WHO’S GIVING STUFF AWAY?
ID.me, the online identity vetting company started by Army veterans, announced on Twitter:
Exciting news! @IDme just deployed all our mobile SDKs; 4 SDKs for #iOS & #Android. http://t.co/VuPVgU6jQa @ArtSabintsev @IDmeEngineering
— ID.me (@IDme) February 17, 2015
Before you go...
Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.
3 ways to support our work:- Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
- Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
- Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!
