Acquisition

Following Speek Exit, What Comes Next?

By | Jul 6, 2015 at 7:08 pm

There is no doubt that 2015 has been a bumpy year for Washington DC based Speek, but with an acquisition by Jive Communications there is a silver lining. In a followup to our piece breaking the acquisition news in June, we spoke with Speek…

Incubators

Big Ideas Coming out of UMD’s Startup Shell Incubator

By | Jul 6, 2015 at 8:00 am

The University of Maryland is part of the reason that Maryland, as a state, is producing some really innovative entrepreneurial talent. Their student-run incubator and co-working space Startup Shell (shell, because the UMD mascot is the Terrapin -very clever, guys), which opened in 2012, is home to…

Tech Cocktail Celebrate

The Internet of Things Dissected By SmartThings CTO Jeff Hagins

By | Jul 2, 2015 at 11:00 am

It’s Thursday and we’re one day away from a holiday weekend, so let’s take a quick break to flashback with a fun throwback video for Throwback Thursday. This particular video is from our Celebrate Conference last year when SmartThings CTO Jeff Hagins had a conversation with Yahoo! Tech…

Funding

Sweetgreen Raises Fresh $35M to Dish Fast Salads

By | Jul 1, 2015 at 3:13 pm

Washington, DC based sweetgreen today announced a new series F of $35M to continue to expand into new cities and advance their mobile technology. Founded in 2007 in a small Georgetown and initially backed by friends and family, this is the third and largest…

Announcements

Messaging App On Second Thought Wins First Women Startup Challenge

By | Jul 1, 2015 at 9:00 am

The number of women launching businesses has grown 68% between 1997-2014, more than twice the rate of men. However, women have a harder time getting funding for a number of reasons. Only 7% of investor money goes to women led startups, but Women Who…

Funding

Distil Networks Raises $21M to Expand Company

By | Jun 30, 2015 at 2:13 pm

DC area cybersecurity company Distil Networks just announced $21M raised in a Series B Round. The round was led by new investor Bessemer Venture Partners, with help from existing investors Foundry Group, Techstars, ff Venture Capital, Idea Fund andCorrelation Ventures. This round brings their total funding to…

Partnership

Roadside Assistance Service Urgent.ly Partners with Cost2Drive and Tollsmart

By | Jun 24, 2015 at 8:00 pm

The Washington, D.C.-based roadside assistance service startup, Urgent.ly, has announced partnerships with two Northern Virginia-based companies aimed at helping consumers navigate road trips more cost-effectively. Through partnerships with Cost2Drive and Tollsmart, Urgent.ly users can not only have access to on-demand user assistance, but also…

Acquisition

Jive Communications to Acquire Speek

By | Jun 24, 2015 at 3:00 pm

Today the WBJ is reporting that Northern Virginia based Speek is set to be acquired by Utah based Jive Communications. Founded in June 2012 by Speek CEO John Bracken, Andy Powers, and former CTO Danny Boice (a Tech.co contributor), the service allowed users to…

Acquisition

Mobomo Acquires Intridea to Expand Digital Consultancy

By | Jun 23, 2015 at 4:00 pm

Two Washington DC based Web and Mobile development services companies, Mobomo and Intridea, are joining forces to expand their efforts. On June 16, Intridea announced the acquisition to Mobomo for an undisclosed amount. “Marc Garrett and Jürgen Altziebler have built an organization of exceptional…

Funding

Alarm.com IPO Expected to Hit June 26

By | Jun 22, 2015 at 3:00 pm

The Vienna, VA based security IoT company Alarm.com’s IPO is expected to be available on Friday, June 26 after filing an S-1 form with the US Securities and Exchange Commission on May 22, 2015. Specific terms and a valuation has not been set for…

Startups & Apps

Boozy, the App That Gathers Happy Hours, Daily Deals, and More

By | Jun 19, 2015 at 2:00 pm

Let’s say you are in an unfamiliar area and you want to have a meal. You have multiple options: You could ask Siri for recommendations for nearby restaurants, you could call one of your friends to get suggestions for good places to go, you…

Security

Re: LastPass – Why are we Still Using Passwords?

By | Jun 19, 2015 at 8:00 am

Everybody had a minor freak out this week when we heard that LastPass was exploited and invaded by unknown parties. You’re all familiar with the story, so I’ll spare you a full rehash: according to the team they “found no evidence that encrypted user…

Funding

Mapbox Raises $52M to Scale Open Source Maps

By | Jun 17, 2015 at 8:00 pm

Washington DC based Mapbox today announced a series B round of $52M, one of the largest for mapping and location based startups. Led by San Francisco DFJ Growth, they are joined by Pritzker Group, DBL Partners, Promus Ventures Thrive Capital, and their initial series…

Events

Eastern Foundry Hosts First Bi-Annual Foundry Cup

By | Jun 17, 2015 at 4:00 pm

This weekend is the first bi-annual Foundry Cup. It is an innovation competition launched by Eastern Foundry specifically aimed at startups, companies, and nonprofits who are working on solutions to issues facing veterans. Saturday is Demo Day for the Foundry Cup where fourteen finalists will…

Funding

Aledade Raises $30M to Improve Preventative Care

By | Jun 17, 2015 at 11:00 am

Two days shy of their one year anniversary, Bethesda based Aledade has announced a series B funding round of $30M. The funding round was led by ARCH Ventures Partners, and backed by their initial series A backers, Venrock. Led by Farzad Mostashari, the former…

Celebrate Startup Tour

True Made Foods and Javazen are DC Startups of the Year

By | Jun 11, 2015 at 11:30 am

The Tech.Co Startup of the Year Competition & Tour rolled into DC on Wednesday night. We were back in our old stomping grounds at the new 1776 campus in Crystal City for one night to showcase the newest and most innovative startups in the region, and to…

Announcements

Local Motors’ Mobifactory Tour Hits DC

By | Jun 5, 2015 at 8:00 pm

Who doesn’t love a repurposed shipping container? More specifically, who doesn’t love a shipping container that’s been repurposed into a mobile micro-factory for the creation and demo of innovative automobiles? Local Motors has been working on the micro-factory concept for a number of years,…

Startup_Mixology_300x250