Acceleprise, the District-based enterprise technology accelerator, will welcome its fifth crop of start-ups on Monday.
Formed in 2012, the accelerator provides mentoring and $30,000 in early-stage capital to young companies that are developing software and other technology to sell to businesses.
Meet the next class:
EventKloud has created software for event organizers to automate and track their marketing efforts to ensure they appeal to their desired audience.
Vero Analytics pulls data from multiple sources into a drag-and-drop software program so the information becomes easier to search and analyze.
Capitol Bells allows members of Congress and their staffs, as well as the public, to track the progress of policy issues and legislation using an app.
Companies can monitor the location of and hours worked by remote employees through BreadCrumbTracking.com. Mobile workers “clock in” using the service at the start of the work day, during which they can discuss tasks and their employer can see their whereabouts.
Acceleforce, previously known as DigiPad, makes software that monitors the performance of a company’s sales force to determine its strengths and weaknesses, then identifies appropriate training to close the gaps.
Bonsai AI makes artificial intelligence technologies accessible to small businesses, large enterprises and researchers. It’s tools are currently used to create interactive spoken user interfaces for cars and educational games for tablets, among other applications.
Acceleprise has invested in 34 technology companies to date through it’s seed fund and plans to invest in 30 others during the next two years, said partner Allen Gannett.
The Washington region is poised to gain another public company.
Landover-based 2U, a company that provides courses and degree programs online in partnership with established universities, filed paperwork with the Securities and Exchange Commission outlining plans to raise $100 million.
The company, which started under the name 2tor , develops online graduate degree programs that are comparable to those offered on a physical campus. Locally, the company offers a graduate degree in nursing with Georgetown University. Chip Paucek is the firm’s chief executive.
2U has expanded its focus of late to include undergraduate education. It now offers a semester’s worth of courses online through Boston College, University of Notre Dame, Northwestern University and Wake Forest University, among others.
The company revealed in its regulatory filing that 8,540 students have enrolled in its online programs between its inception and Dec. 31, 2013. Those students will yield $475 million in tuition revenue for universities by the time they graduate, 2U estimates.
The company has also grown its own revenue each of the past three years from $29.7 million in 2011 to $83.1 million last year. It has tallied net losses each of those years, including $28 million in 2013.
Bethesda-based Spree Commerce raised $5 million from investors last week in a round led by Thrive Capital. Venture funds led by the chief executives of Zappos and Bonobos also participated in the round.
Founded in 2008, Spree Commerce provides an easy-t0-customize platform for retailers to establish online storefronts. It’s software is used by more than 45,000 customers, including Chipotle and Nutrisystem.
Columbia-based BoxTone, the maker of software that allows companies to monitor and manage employees’ mobile devices, announced last week it would be acquired by Sunnyvale, Calif.-based Good Technology. The terms of the deal were not disclosed.
“The synergies between BoxTone and Good will allow customers to benefit from the unique combination of security and service management to manage their business-critical mobile deployments,” Alan Snyder, BoxTone’s chief executive, said in a statement.
Montgomery County doled out $500,000 in tax credits to investors in 10 biotechnology companies last week as part of its annual tax credit program.
The county has been criticized by some in recent months for its decision to close a county-run biotech incubator to make way for a cybersecurity center.
District-based early-stage investment group Next Gen Angels has named Brett Gibson managing director. He joins from District-based LivingSocial, where he worked in corporate and business development. Before LivingSocial, he worked for the District-based private equity giant Carlyle Group in an investing role.