The Download: WeddingWire on the move

August 19, 2012

WeddingWire is on the move.

The company has signed a lease for the third floor at 2 Wisconsin Circle in Chevy Chase, a 26,180-square-foot space above the Friendship Heights Metro Station. The office is a mile and a half from its current headquarters at 7101 Wisconsin Ave. in Bethesda.

The deal was made public last week in a news release from real estate broker Cushman & Wakefield. WeddingWire declined to comment.

WeddingWire maintains a network of Web sites for brides to connect with caterers, photographers and other vendors as they plan forthcoming nuptials. It acquired ProjectWedding.com from eHarmony last summer.

Chief executive Timothy Chi conceived the idea for WeddingWire while planning his own wedding in 2005. He also co-founded BlackBoard in 1998.

The company has been growing quickly and the new office expands its footprint considerably. WeddingWire leases 10,000 square feet at its current location.

The new lease lasts until 2019.

Present for AnyPresence

Vienna-based AnyPresence , a cloud-based platform for businesses to build mobile applications on multiple devices, has added $5.5 million to its coffers in a second-round financing led by Grotech Ventures.

As more companies integrate mobile apps into their daily operations, AnyPresence aims to lower the costs of development and speed up the time to launch. The company offers app templates, as well as Web-based design and data integration tools.

Grotech is one of the Washington region’s more active investors, cutting deals in recent years with LivingSocial, HelloWallet and Invincea, among others. AnyPresence’s existing investor, Kinetic Ventures, also participated.

Feeding the bank

Foodem, an online marketplace for restaurants and caterers to buy bulk food, has secured a $75,000 investment from Maryland Technology Development Corp., a quasi-public entrepreneurial fund.

Founder and chief executive Kash Rehman said the money will fund additional product development and customer acquisition. In April, Foodem was accepted into a business incubator program at Baltimore’s Emerging Technology Centers.

Steven Overly covers the business of technology, biotechnology and venture capital in the Washington region for The Washington Post and its weekly Capital Business publication. In that capacity, he has written about start-up struggles, investment trends and major drug discoveries.
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