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Articles from Potomac Tech Wire
Wednesday, March 25, 2009
Annapolis-Based PharmAthene to Raise $5.5M in Public Offering
By Amplifier News @ 10:16 AM :: 633 Views :: 0 Comments :: :: Potomac Tech Wire

Annapolis, Md. -- PharmAthene, an Annapolis-based biodefense company developing medical countermeasures against biological and chemical threats, said on Tuesday that it will raise $5.5 million through the sale of stock in a public offering.

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Wednesday, March 25, 2009
Report: Google Gearing Up to Launch Venture Capital Arm
By Amplifier News @ 10:15 AM :: 663 Views :: 0 Comments :: :: Potomac Tech Wire

Mountain View, Calif. -- Reports have surfaced that Internet giant Google may be gearing up to officially launch a long-rumored venture capital arm, after someone was spotted at a conference last week with "Google Ventures" printed on his name tag.

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Wednesday, March 18, 2009
2009 Mid-Atlantic Venture Capital Directory Now Available
By Amplifier News @ 2:56 PM :: 667 Views :: 0 Comments :: :: Potomac Tech Wire
The Mid-Atlantic Venture Capital Directory is the only directory published that focuses EXCLUSIVELY on capital sources in Delaware, Maryland, New Jersey, Pennsylvania, Virginia and Washington D.C.
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Wednesday, March 18, 2009
DC-Based Sunlight Foundation Lands $4M Investment from Omidyar
By Amplifier News @ 2:52 PM :: 616 Views :: 0 Comments :: :: Potomac Tech Wire

Washington, DC -- The Sunlight Foundation, a Washington, DC-based non-profit organization promoting greater government openness and transparency through the Internet, said on Wednesday that it has landed a $4 million investment from Omidyar Network, a Silicon Valley-based philanthropic investment firm started by eBay founder Pierre Omidyar and his wife Pam.

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Wednesday, March 11, 2009
DC-Based LaunchBox Lands Acta Wireless as Investor in Program
By Amplifier News @ 12:09 PM :: 746 Views :: 0 Comments :: :: Potomac Tech Wire
Washington, DC -- LaunchBox Digital, a DC-based business accelerator and investment firm, said that DC-based Acta Wireless, a provider of investment and advisory services to the wireless sector, will be a "significant" investor in its summer business accelerator program.
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Wednesday, March 11, 2009
Rockville-Based Notable Solutions Lands $5 Million Investment
By Amplifier News @ 12:07 PM :: 745 Views :: 0 Comments :: :: Potomac Tech Wire
Rockville, Md. -- Notable Solutions Inc. (NSi), a Rockville-based developer of content capture and business automation software, said that it has landed $5 million in new funding from the New Jersey-based Edison Venture Fund.
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Wednesday, March 04, 2009
Reston-Based TNS to Acquire CSG Division from VeriSign
By Amplifier News @ 9:21 AM :: 724 Views :: 0 Comments :: :: Potomac Tech Wire

Reston, Va. -- Transaction Network Services (TNS), a Reston-based provider of network and data communications services used during credit card transactions, said that it will pay $230 million in cash to acquire California-based VeriSign's Communication Services Group (CSG).

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Wednesday, March 04, 2009
Frederick-Based Wirearea Systems Acquires Chantilly's Nytor
By Amplifier News @ 9:13 AM :: 674 Views :: 0 Comments :: :: Potomac Tech Wire

Frederick, Md. -- Widearea Systems, a Frederick-based developer of communications products and services that companies use to interact with customers, said that it has acquired Chantilly-based Nytor Technologies, a maker of thin client devices used by the Department of Defense and intelligence community for information sharing and collaboration.

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Wednesday, February 25, 2009
Herndon-Based Rivulet Communications Raises $11.5 Million
By Amplifier News @ 3:46 PM :: 792 Views :: 0 Comments :: :: Potomac Tech Wire
Herndon, Va. -- Rivulet Communications, a Herndon-based developer of technology that allows hospitals to transmit high-definition medical videos over existing IP networks, said on Tuesday that it has raised $11.5 million in its third round of funding.
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Wednesday, February 25, 2009
Survey: DC-Area Executives Expecting Improved Conditions
By Amplifier News @ 3:45 PM :: 756 Views :: 0 Comments :: :: Potomac Tech Wire
Washington, DC -- Despite the ongoing economic downturn, 80% of area executives expect their businesses to improve or stay the same over the next year, according to a new survey by the Greater Washington Board of Trade. One-third of respondents expect to buy new equipment, upgrade computer technology or make their facilities more environmentally friendly, and three in 10 expect to increase advertising.
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