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Biotechnology | | Company | Funding | Stage | Disclosed Investors | Intradigm Corp. Rockville, Md. | Web site | Profile Gene research | Not disclosed | Early | Redmont Venture Partners, Maryland Department of Business and Economic Development | Prestwick Pharmaceuticals Inc. Washington Parkinson's disease treatments | $10.1M | Early | BioAsia Investments LLC, Atlas Venture | Artesian Therapeutics Inc. Gaithersburg, Md. | Web Site Heart failure treatments | $7.5M | Early | Oxford Bioscience Partners, Maryland Department of Business and Economic Development | Sequella Inc. Rockville, Md. | Web site Tuberculosis treatments | $150K | Startup/Seed | Maryland Department of Business and Economic Development | Expression Pathology Inc. Rockville, Md. Clinical material analysis | $100K | Startup/Seed | Maryland Department of Business and Economic Development |
Business Products and Services | | Company | Funding | Stage | Disclosed Investors | Power Pact LLC Midlothian, Va. Promotional services for large companies | $1M | Later | Jefferson Capital Partners Ltd. |
Health Care | | Company | Funding | Stage | Disclosed Investors | ElderHealth Inc. Baltimore | Web site Eldercare | $6M | Expansion | Conning Capital Partners, Coleman Swenson Booth Inc., New Enterprise Associates, Salix Ventures | PEM Technologies Rockville, Md. | Web site Cancer imaging and location devices | $3M | Early | Walker Ventures SBIC, Atlantis Group LLC, Maryland Department of Business and Economic Development, Chesapeake Emerging Opportunities Club LLC | ReProtect Inc. Towson, Md. | Web site Contraception devices | $100K | Startup/Seed | Maryland Department of Business and Economic Development |
Industrial | | Company | Funding | Stage | Disclosed Investors | LightStream Technologies Inc. Reston, Va. | Web site Water disinfection | Not disclosed | Expansion | Metropolitan Venture Partners | Compro Systems Inc. Saint Albans, W. Va. | Web site Heavy truck and conveyer belt scales | $1M | Expansion | Mountaineer Capital LP | Athena Technologies Inc. Manassas, Va. | Web site Aerospace dynamics and controls | $3M | Expansion | GEF Management Corp. |
Information Technology | | Company | Funding | Stage | Disclosed Investors | Lightningcast Inc. Alexandria, Va. | Web site Online advertising services | Undisclosed | Expansion | Redleaf Group Inc., Nokia Venture Partners, Birchmere Ventures | I4 Commerce Inc. Timonium, Md. | Web site Internet commerce transaction services | $22.907M | Later | GRP Partners, Azure Capital Partners, Crosspoint Venture Partners, First Data Corp. | Anystream Inc. Sterling, Va. | Web site | Profile Streaming media encoding software | $11M | Later | SCP Private Equity Partners LP | Sourcefire Inc. Columbia, Md. | Web site | Profile Network monitoring | $11M | Expansion | New Enterprise Associates, Sierra Ventures, Core Capital Partners, Inflection Point Ventures | Network Security Technology Inc. Herndon, Va. Internet security | $10M | Expansion | ArrowPath Venture Capital, Mobius Venture Capital | BNX Systems Corp. Vienna, Va. | Web site Information security software | $7.8M | Expansion | Carlyle Group, Columbia Capital LLC, Walker Ventures SBIC | Cibernet Corp. Washington | Web site | Profile Wireless billing information exchange | $5.275M | Later | VentureHouse Group | Cyveillance Inc. Arlington, Va. | Web site Intellectual property rights monitoring software | $3.5M | Later | ABS Capital Partners, New Enterprise Associates, Draper Atlantic Venture Fund LP, Lazard Technology Partners, Capital Investors, New Vantage Group (formerly The Dinner Club LLC), Greystone Capital Group | Platform Logic Glenwood, Md. | Web site | Profile Network security software | $3M | Early | Walker Ventures SBIC, Maryland Department of Business and Economic Development | Secure Methods Inc. Bethesda, Md. Network security software | $3M | Expansion | Walker Ventures SBIC, Adena Ventures | Vocus Inc. Lanham, Md. | Web site Web tools for public- and government-relations | $3M | Expansion | Sterling Partners | Plethora Technology Inc. Columbia, Md. | Web site Network security software | $2M | Early | Maryland Department of Business and Economic Development | Surety Inc. Herndon, Va. | Web site Information security | $2M | Later | Not disclosed | SkyBitz Dulles, Va. | Web site | Profile Shipping tracking service | $1.84M | Expansion | Cordova Ventures | HealthScribe Inc. Sterling, Va. | Web site Web-enabled medical transcription and data management | $1.7M | Expansion | Grotech Capital Group, VIMAC Ventures LLC, Blue Chip Venture Co. | Ztango.com Inc Reston, Va. | Web site Wireless Internet software | $1M | Expansion | General Atlantic Partners LLC | Payerpath Inc. Richmond, Va. | Web site Health care transaction services over the Internet | $700K | Expansion | Acacia Venture Partners | Raedel Financial Solutions Inc. Rockville, Md. | Web site Browser-based analytical software | $500K | Early | Washington Capital Partners LLC | VNX Solutions McLean, Va. Network integration | $300K | Expansion | New England Partners | Cinea Inc. Herndon, Va. | Web site | Profile Digital cinema security | $250K | Early | Monumental Venture Partners LLC | ePipeline.com Inc. Herndon, Va. | Web site Web-based business platforms for government contractors | $175K | Expansion | Crossbow Ventures | Sphere Software Corp. Columbia, Md. | Web site Information security software | $50K | Startup/Seed | Maryland Department of Business and Economic Development |
Retail | | Company | Funding | Stage | Disclosed Investors | Chicken Out Inc. Gaithersburg, Md. Chain of restaurants | $3M | Expansion | Grotech Capital Group |
Software | | Company | Funding | Stage | Disclosed Investors | Mythic Entertainment Inc. Fairfax, Va. | Web site | Profile Multi-player computer games | $20.235M | Later | TA Associates Inc. | K12 Inc. McLean, Va. | Web site Educational software | $20M | Expansion | Constellation Ventures | Brickstream Corp. Fairfax, Va. | Web site | Profile Customer relationship management software | $6.2M | Early | Columbia Capital LLC, General Atlantic Partners LLC, Mohr Davidow Ventures | SevenSpace Inc. Chantilly, Va. | Web site | Profile Software | $4M | Later | Lehman Brothers,Trinity Ventures, Greenbridge Capital LLC, Forsyth Management Co. | Emerging Technologies Group Vienna, Va. | Web site Decision support software | $3M | Early | Edison Venture Fund | Artifact Software Inc. Baltimore | Web site Software | $2.95M | Early | Intersouth Partners, Mid Atlantic Venture Funds, Draper Atlantic Venture Fund LP, Maryland Department of Business and Economic Development | Business Devices Inc. Columbia, Md. | Web site Enterprise software | $100K | Startup/Seed | Maryland Department of Business and Economic Development |
Telecommunications | | Company | Funding | Stage | Disclosed Investors | XtremeSpectrum Inc. Vienna, Va. | Web site | Profile Wireless networking | $24M | Later | Motorola Ventures, Granite Ventures LLC, Cisco Systems Inc., Novak Biddle Venture Partners LP, Alliance Technology Ventures, TI Ventures | Covega Corp. Jessup, Md. | Web site | Profile Fiber optics | $17.27M | Early | Intersouth Partners, Kinetic Ventures LLC, New Enterprise Associates, Boulder Ventures Ltd., Core Capital Partners, Siemens Venture Capital GmbH, EDB Investments Pte Ltd., Optical Capital Group | Cryptek Inc. Sterling, Va. | Web site | Profile Government communications security | $10.2M | Expansion | Walden International, Westbury Partners | Paratek Microwave Inc. Columbia, Md. | Web site Radio-frequency tunable components | $8.5M | Expansion | Morgenthaler Ventures, Novak Biddle Venture Partners LP, DB Capital Partners, Investor Growth Capital Inc. | Qovia Inc. Monrovia, Md. | Web site IP telephony software | $5.5M | Early | Nokia Venture Partners, Maryland Venture Capital Trust, Maryland Department of Business and Economic Development | sentitO Networks Inc. Rockville, Md. | Web site | Profile Communications infrastructure software | $3.2M | Early | Telus Ventures | Luna Technologies Inc. Blacksburg, Va. | Web site Fiber-optics sensing | $1.4M | Early | Columbia Capital LLC, Novak Biddle Venture Partners LP, Soundview Ventures, Envest Ventures | MCT Corp. Alexandria, Va. | Web site Wireless services in former Soviet Union | $50K | Later | Northwood Ventures | Source: PricewaterhouseCoopers/Venture Economics/National Venture Capital Association MoneyTree Survey | | | |