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  • Cloud Elements snags $3.1 mln Series A
    Iris Dorbian- 17 June 2014

    Cloud Elements said Tuesday that it has closed $3.1 million in Series A funding. Grotech Ventures and Icon Venture Partners led the round with participation from Galvanize Ventures. Headquartered in Denver, Cloud Elements is a provider of cloud API integration and aggregation solutions.

  • Morningstar agrees to acquire VC-backed HelloWallet for $52.5 mln
    Iris Dorbian- 30 May 2014

    Investment research provider Morningstar has agreed to buy HelloWallet for $52.5 million. Because Morningstar already has a minority stake in HelloWallet valued at $13.5 million, it will pay $39 million for the acquisition when it closes in the coming days. HelloWallet is a web and mobile application for employees. Its backers included Grotech Ventures and AOL founder Steve Case.

  • CommercialTribe grabs $3.2 mln Series A funds
    Iris Dorbian- 29 April 2014

    Social sales learning platform CommercialTribe has raised $3.2 million in Series A funding. The investors were Grotech Ventures, Boulder Ventures, Access Venture Partners and Martha Tracey of Crawley Ventures.

  • CIT GAP Funds backs children's literacy startup Zoobean
    Iris Dorbian- 22 April 2014

    CIT GAP Funds has made an undisclosed investment in Zoobean. Based in Arlington, Zoobean creates personalized selections of children's apps, books and reading guides.

  • CIT GAP Funds backs Northern Virginia startup Urgent.ly
    Iris Dorbian- 17 April 2014

    CIT GAP Funds has made an undisclosed investment in Urgent.ly. Based in Northern Virginia, Urgent.ly is a provider of on-demand roadside assistance.

  • CIT GAP Funds backs Northern Virginia startup Urgent.ly
    Iris Dorbian- 17 April 2014

    CIT GAP Funds has made an undisclosed investment in Urgent.ly. Based in Northern Virginia, Urgent.ly is a provider of on-demand roadside assistance.

  • CIT GAP Funds back Riogin
    Iris Dorbian- 16 April 2014

    CIT GAP Funds has made an undisclosed investment in Riogin. Based in Charlottesville, Virginia, Riogin is a pharmaceutical startup.

  • Fitness app Fitnet scores $1.4 mln
    Iris Dorbian- 15 April 2014

    Fitnet Corp. has closed $1.4 million in Series A funding. The investors were Valleys' Ventures and CIT GAP Funds. Fitnet Corp. is the maker of Fitnet, a mobile fitness app.

  • Fitness app Fitnet scores $1.4 mln
    Iris Dorbian- 15 April 2014

    Fitnet Corp. has closed $1.4 million in Series A funding. The investors were Valleys' Ventures and CIT GAP Funds. Fitnet Corp. is the maker of Fitnet, a mobile fitness app.

  • Grotech Ventures leads $3 mln Series A funding in Closely
    Chris Witkowsky- 8 April 2014

    Grotech Ventures has led a $3 million Series A funding round in Closely, a mobile-first digital marketing technology company. Other investors participating in the funding round include Steadfast Venture Capital and CNF Investments.