Awesome DC becomes a Gold Digger


I am very excited to announce Awesome DC’s  first Gold Digging experience for a local company, Motionsoft who just landed their $5.5 mil investment.

The company was one out of the eight local early/later stage firm whose technology caught my attention at MAVA Capital connection 2010 back in May. Here is my coverage on them.

Motionsoft secured their investment from Edison Venture Fund. The fund will be used for expanding the company  sales, marketing and development activities. Read more of this post

State of the VC Scene


by Elias Shams
On the heels of MAVA’s Capital Connection next week, here is another event you may want to attend. It is the annual Tech Venture Center (TVC) tradition hosted by Deloitte later this month titled “State of the VC Scene.”

You will hear from several active, local VCs who will have some interesting market observations to share, and hopefully, positive outlooks for the future of the VC and entrepreneur market!! Read more of this post

It’s MAVA time again!


by Elias Shams
It was about ten years ago I presented my first Internet company, Telezoo at MAVA and received my first cool $3 mil funding.  I didn’t even know how to carry that much money from MAVA to my bank :-) Damn! It feels like it was just yesterday.

It’s that time of the year again.

MAVA (Mid-Atlantic Venture Association) on announced the 40 early- and expansion-stage technology companies that have been selected to present at the organization’s Capital Connection ’10 event, scheduled for May 19-20 in Baltimore.

They companies will join 14 later-stage companies to be showcased throughout the conference. Selections were made by a panel of nearly 30 investors and advisors, co-chaired by Tom Grossi of New Enterprise Associates, Steve Fredrick of Grotech Ventures, Tom Roberts of Harbert Venture Partners and Sever Totia of Edison Venture Fund. Read more of this post

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