Posts Tagged ‘Baltimore’
Thursday, March 29th, 2012
 Focus group sessions held in three major U.S. cities resulted in recommendations to the U.S. Small Business Administration on how to improve its award-winning SBA.Gov website and maximize social media tools and tutorials for the 800,000 individuals who visit the site each month.
Focus groups in Baltimore, Richmond and Washington, D.C., helped SBA learn how to better serve the needs of small business owners and entrepreneurs.
Feedback from focus groups suggested that small business owners often aren’t aware of many of SBA’s resources or how our partner organizations can help both startups and day-to-day business operations.
For example, SBA offers resources specific to women business owners, veterans, and hosts an entire online community of blogsand discussion boards with over 30,000 members providing answers to common small business challenges.
As a result, SBA is undertaking a series of communication initiatives that highlight how its programs and services can help, and the effort has brought increased website traffic to SBA.gov as well as a measurable growth in engagement via social media.
Using a variety of integrated outreach tactics, including the SBA.gov website, email campaigns and social media, SBA is bringing together resources from across its diverse program offices to provide small business owners with a one-stop resource built around key topics.
For example, through targeted marketing and social media, one topic – how small businesses can sell to the federal government and tap into the $100 billion that the government awards to small businesses each year – saw a 72 percent increase in visits to the Government Contracting classroom page. Those visits resulted in a 255 percent registration increase in “Gov’t Contracting 101″ courses.
Another topic highlighting resources for women-owned businesses spurred a 92 percent total increase in page views by current or aspiring women small business owners. Other topics include tips to help reduce their taxes and the President’s Startup America campaign, to name a few.
Putting the needs of small businesses front and center demonstrates SBA’s continued commitment to better serve the needs of the nation’s 29 million small business owners.
For more information, go to http://www.sba.gov/ or follow the SBA on Twitter, Facebook & Blogs.
Tags: Baltimore, entrepreneurs, MD, new website & social media tools, Richmond, SBA, Small Business Administration, VA, Washington, DC, women-owned businesses
Posted in Business advice, Economic Development, entrepreneurship, Government/Defense, Internet/New Media, Startups | No Comments »
Wednesday, February 29th, 2012
 Business travelers frequently need restaurants that have great food, but also good service, since they’re often on the run. If you’re looking for U.S. restaurants with top notch service, here’s some help from Open Table.
OpenTable, Inc. (NASDAQ: OPEN), a provider of free, real-time online restaurant reservations for diners and reservation and guest management solutions for restaurants, has disclosed the 2012 Diners’ Choice Award winners for the 100 restaurants in the United States providing the best service.
Open Table founder Chuck Templeton is among the top speakers at the Southeast Venture Conference which started this morning in Tysons Corner, VA, and runs through tomorrow. Templeton created and defined the restaurant reservation space after founding OpenTable in 1998, after his wife spent a frustrating evening one night trying to make dinner reservations for his visiting in-laws one night in San Francisco.
OpenTable’s successful IPO in 2009 was a milestone that helped to reopen the public market for tech companies.
Awards reflect millions of opinions
These awards reflect the combined opinions of nearly 5 million reviews submitted by verified OpenTable diners for more than 12,000 restaurants in all 50 states and the District of Columbia.
Regionally, the honorees span 29 states and Washington, D.C. The South reinforces the notion of southern hospitality, with 22 restaurants in the region being singled out for best service. The Northeast boasts 15 winning restaurants, including 10 in New York alone.
The Pacific region accounts for 14 winners, 10 of which are in California, as does the Mid-Atlantic, with six restaurants in Virginia claiming spots. Eleven winners come from the Great Lakes Region, four of which are in the Twin Citiesarea.
The Pacific Northwest and the Southwest follow with seven honorees apiece. The Rocky Mountain States count five winners, while the Central Plains has four, three of which are in Missouri. One restaurant in Hawaii also earned a nod.
American food restaurants rack up 40 winners
Superior service can be found across a number of cuisines. Restaurants serving American food, however, account for 40 winners. French restaurants earned 25 places on the list.
Steakhouses followed with 17 spots. Seven Italian restaurants are among the winners. Other cuisines include continental, global international, Japanese, seafood, and sushi.
“The most memorable part of a meal may not be just what’s on your plate, but also, that exceptional staffer who goes the extra step to ensure an enjoyable dining experience,” says Caroline Potter, OpenTable’s Chief Dining Officer.
“These winning restaurants understand this concept and have consciously created a culture of hospitality that is embraced by both front and back of house professionals. Whether it’s a grand gesture, such as a tour of the kitchen, or a simple one, like a warm smile from an attentive server, diners are coming away from these restaurants feeling special.”
The Diners’ Choice Awards for the top 100 restaurants providing the best service are generated from nearly 5 million reviews collected from verified OpenTable diners between February 2011 and January 2012. All restaurants with a minimum number of qualifying reviews were included for consideration. Qualifying restaurants were then scored and sorted according to the highest average rating in the service category.
Based on this methodology, the following restaurants, listed in alphabetical order, comprise the top 100 restaurants with the best service in the U.S. according to OpenTable diners.
The complete list may also be viewed athttp://www.opentable.com/bestservice.
2012 Diners’ Choice Award Winners for Restaurants in the U.S. with the Best Service
Acqua Restaurant & Wine Bar – White Bear Lake, Minnesota
Acquerello – San Francisco, California
Addison at The Grand Del Mar – San Diego, California
Bacchanalia – Atlanta, Georgia
Bibou – Philadelphia, Pennsylvania
Binkley’s Restaurant – Cave Creek, Arizona
Bistro L’Hermitage – Woodbridge, Virginia
Blue Hill at Stone Barns – Pocantico Hills, New York
Bluestem – Kansas City, Missouri
Bones – Atlanta, Georgia
Cafe Renaissance – Vienna, Virginia
Canlis – Seattle, Washington
Capital Grille – Minneapolis, Minnesota
Castagna – Portland, Oregon
Chama Gaucha Brazilian Steakhouse – Downers Grove, Illinois
Charleston – Baltimore, Maryland
Charleston Grill – Charleston, South Carolina
Chez Francois – Vermilion, Ohio
Chez Nous French Restaurant – Humble, Texas
CityZen – Washington, D.C.
Congress – Austin, Texas
The Copper Door – Hayesville, North Carolina
Corbett’s Fine Dining – Louisville, Kentucky
Cyrus – Healdsburg, California
Daniel – New York, New York
Daniel-Lounge Seating – New York, New York
Del Posto – New York, New York
Dewz – Modesto, California
The Dining Room-Biltmore Estate – Asheville, North Carolina
Eleven Madison Park – New York, New York
Elizabeth on 37th – Savannah, Georgia
Farmhouse Inn & Restaurant – Forestville, California
Fat Canary – Williamsburg, Virginia
Fearrington House Restaurant – Pittsboro, North Carolina
Fig Tree – Charlotte, North Carolina
Forage – Salt Lake City, Utah
Fountain Restaurant – Philadelphia, Pennsylvania
Frasca Food and Wine – Boulder, Colorado
The French Room – Dallas, Texas
Genoa Restaurant – Portland, Oregon
Gordon Ramsay at the London – New York, New York
The Grill-The Ritz Carlton – Naples, Florida
Grouse Mountain Grill – Avon, Colorado
Halls Chophouse – Charleston, South Carolina
Hannas Prime Steak – Rancho Santa Margarita, California
Herons – Cary, North Carolina
Highlands Bar & Grill – Birmingham, Alabama
The Hobbit – Orange, California
joan’s in the Park – St. Paul, Minnesota
Kai-Sheraton Wild Horse Pass Resort – Chandler, Arizona
Killen’s Steakhouse – Pearland, Texas
The Kitchen Restaurant – Sacramento, California
La Belle Vie – Minneapolis, Minnesota
La Grenouille – New York, New York
La Mer at Halekulani – Honolulu, Hawaii
L’Auberge Chez Francois – Great Falls, Virginia
Le Bernardin – New York, New York
Les Nomades – Chicago, Illinois
L’Etoile Restaurant – Madison, Wisconsin
Madrona Manor – Healdsburg, California
Mahogany Prime Omaha – Omaha, Nebraska
Marcel’s – Washington, D.C.
The Melting Pot – Myrtle Beach, South Carolina
Menton – Boston, Massachusetts
Michael’s-South Point Casino – Las Vegas, Nevada
Mitchell’s Ocean Club – Columbus, Ohio
Morton’s The Steakhouse – Portland, Oregon
New York Prime – Myrtle Beach, Florida
Niche – St. Louis, Missouri
Nicholas – Red Bank, New Jersey
o ya – Boston, Massachusetts
Opus 9 Steakhouse – Williamsburg, Virginia
Orchids at Palm Court – Cincinnati, Ohio
The Painted Lady – Newberg, Oregon
Palace Arms at the Brown Palace – Denver, Colorado
Peninsula Grill – Charleston, South Carolina
Pepper Tree Restaurant – Colorado Springs, Colorado
Per Se – New York, New York
Plume at the Jefferson Hotel – Washington, D.C.
Rafain Brazilian Steakhouse – Dallas, Texas
The Restaurant at Meadowood – Saint Helena, California
Restaurant Iris – Memphis, Tennessee
Rover’s – Seattle, Washington
Rudy & Paco’s Restaurant & Bar – Galveston, Texas
Russell’s Steaks, Chops, and More – Williamsville, New York
Ruth’s Chris Steak House – Jacksonville, Florida
Saint Jacques French Cuisine – Raleigh, North Carolina
Sedgley Place – Greene, Maine
Sonoma – Princeton, Massachusetts
St. John’s Restaurant – Chattanooga, Tennessee
The Steak House at Silver Reef – Ferndale, Washington
Tony’s – St. Louis, Missouri
TRU – Chicago, Illinois
Uchi – Austin, Texas
Uchiko – Austin, Texas
Vetri – Philadelphia, Pennsylvania
Vic & Anthony’s Steakhouse – Las Vegas, Nevada
Vintage Tavern – Suffolk, Virginia
White Barn Inn – Kennebunk, Maine
Woodfire Grill – Atlanta, Georgia
Diners can also read more about the Diners’ Choice Awards for the Best Service restaurants in the U.S. by visiting OpenTable Chief Dining Officer Caroline Potter’s “Dining Check” blog.
Tags: Acqua Restaurant, Addison at the Grand Del Mar, Asheville, Atlanta, Austin, Avon, AZ, Bacchanalia, Baltimore, Bibou, Binkley's, Bistro L'Hermitage, Blue Hill at Stone Barns, Bluestem, Bones, Boston, Boulder, CA, Castagna, Cave Creek, Charleston, Charlotte, Chattanooga, Chez Francois, Chez Nou, Chuck Templeton, Cincinnati, City Zen, CO, Congress, Corbett's Fine Dining, Dallas, Daniel, Daniel-Lounge, DC, Del Posto, Dewz, Eleven Madison Park, Elizabeth on 37th, Farmhous Inn, Fat Canary, Fearrington House, Fig Tree, FL, Forage, Forestville, Fountain Restaurant, Frasca Food & Wine, GA, Galveston, Genoa, Gordon Ramsay at the London, Greene, Grouse Mt. Grill, Halls Chophouse, Hannas Prime Steamk, Hayesville, Humble, Jacksonville, Kansa City, Kennebuink, KY, Louisville, Maine, MD, Memphis, MI, Missouri, Modesto, NC, Newberg, Niche, Nicholas, NJ, NY., o ya, OH, Open Table, Opus 9, OR, Orchids at Palm Court, PA, Peninsula Grill, Pepper Tree, Per SE, Philadelphia, Pittsboro, Pocantico Hills, Portland, Princeton, Raleigh, Rancho Santa Margarita, Red Bank, Restaurant Iris, Rover's Seattle, Rudy & Paco's, Ruth's Chris Steak HOuse, Saint Jacques French, Salt Lake City, San Diego, San Francisco, Savannah, Sedgley Place, SEVC, Sonoma, St. John's, St. Louis, Suffolk, The Copper Door, The Dining Room -Biltmore Estate, The French Room, The Painted Lady, TN, TX, Uchi, Uchiko, VA, Vermilion, VEtri, Vic & Anthony's Steakhouse, Vintage Tavern, WA, White Barn Inn, Williamsburg, Woodbridge
Posted in Internet/New Media, Studies, surveys, reports | 1 Comment »
Monday, February 13th, 2012
Where are the social media jobs and how much do they pay? The most jobs are in New York, San Jose, San Francisco, LA, Boston, DC and Baltimore, says Onward Search. They pay the most in New York, San Francisco, LA, Boston and DC.
Social media jobs initially fell into the hands of traditional marketers, but more and more it is separate job category. Onwardsearch.com not only offers advice on how to find a job in social media, it has created a series of infographics outlining the best cities for social media positions, and now a social media salary guide.
The blog also offers some solid advice to those in social media. Brian Chappell of Ignite Social Media, for instance, suggests, “Steer away from fuzzy metrics and focus on social media marketing that can move the needle.”
For more, see Onward Search feature, “Social Media Advice from Leading Marketers.
Here’s the firm’s infographic on social media salaries:
Tags: Austin, Baltimore, Boston, CA, CO, DC, Denver, Detroit, Houston, LA, MD, MI, Miami Fl, NY., Onward Search, Phoenix Arizona, San Diego, San Francisco, San Jose, social media jobs, social media salaries, TX, Washington
Posted in infographic, Internet/New Media, Marketing, social media, Studies, surveys, reports | No Comments »
Wednesday, January 18th, 2012
 Listen up, pedestrians wearing headphones. Can you hear the trains or cars around you? Many probably can’t, especially young adult males.
Serious injuries to pedestrians listening to headphones have more than tripled in six years, according to new research from the University of Maryland School of Medicine and the University of Maryland Medical Center in Baltimore.
In many cases, the cars or trains are sounding horns that the pedestrians cannot hear, leading to fatalities in nearly three-quarters of cases.
“Everybody is aware of the risk of cell phones and texting in automobiles, but I see more and more teens distracted with the latest devices and headphones in their ears,” says lead author Richard Lichenstein, M.D., associate professor of pediatrics at the University of Maryland School of Medicine and director of pediatric emergency medicine research at the University of Maryland Medical Center.
“Unfortunately as we make more and more enticing devices, the risk of injury from distraction and blocking out other sounds increases.”
We certainly see more people using headphones with a variety of devices. More than once we thought someone was talking to us only to discover they were talking on a cellphone with a headset. More often, we see walkers, runners, even shoppers wearing headphones connected to smartphones, MP3 players, tablets, and iPods.
Dr. Lichenstein and his colleagues studied retrospective case reports from the National Electronic Injury Surveillance System, the U.S. Consumer Product Safety Commission, Google News Archives, and Westlaw Campus Research databases for reports published between 2004 and 2011 of pedestrian injuries or fatalities from crashes involving trains or motor vehicles.
A troubling problem
Cases involving headphone use were extracted and summarized. The research is published online today in the journal Injury Prevention.
Researchers reviewed 116 accident cases from 2004 to 2011 in which injured pedestrians were documented to be using headphones. Seventy percent of the 116 accidents resulted in death to the pedestrian. More than two-thirds of victims were male (68 percent) and under the age of 30 (67 percent).
More than half of the moving vehicles involved in the accidents were trains (55 percent), and nearly a third (29 percent) of the vehicles reported sounding some type of warning horn prior to the crash. The increased incidence of accidents over the years closely corresponds to documented rising popularity of auditory technologies with headphones.
“This research is a wonderful example of taking what our physicians see every day in the hospital and applying a broader scientific view to uncover a troubling societal problem that needs greater awareness,” says E. Albert Reece, M.D., Ph.D., M.B.A., vice president for medical affairs at the University of Maryland and John Z. and Akiko K. Bowers Distinguished Professor and dean of the University of Maryland School of Medicine.
“I hope that these results will help to significantly reduce incidence of injuries and lead us to a better understanding of how such injuries occur and how we can prevent them.”
Dr. Lichenstein and his colleagues noted two likely phenomena associated with these injuries and deaths: distraction and sensory deprivation. The distraction caused by the use of electronic devices has been coined “inattentional blindness,” in which multiple stimuli divide the brain’s mental resource allocation. In cases of headphone-wearing pedestrian collisions with vehicles, the distraction is intensified by sensory deprivation, in which the pedestrian’s ability to hear a train or car warning signal is masked by the sounds produced by the portable electronic device and headphones.
Dr. Lichenstein says the study was initiated after reviewing a tragic pediatric death where a local teen died crossing railroad tracks. The teen was noted to be wearing headphones and did not avoid the oncoming train despite auditory alarms. Further review revealed other cases not only in Maryland but in other states too.
“As a pediatric emergency physician and someone interested in safety and prevention I saw this as an opportunity to — at minimum — alert parents of teens and young adults of the potential risk of wearing headphones where moving vehicles are present,” he says.
Tags: Baltimore, headphones pose pedestrian danger, Richard Lichensein, University of Maryland Medical Center
Posted in Tech Culture, TechLife, University Tech | No Comments »
Monday, November 28th, 2011
 What are the best cities for technology jobs now? You can probably guess that Seattle, would be high on the list, and it indeed came in at number one on a list compiled by newgeography.com. But if you guessed the Silicon Valley, you would be wrong.
The Valley, despite a concentration of tech jobs- six times the national average – it came in at 17 on the site’s list of the top 51 cities for tech jobs. It points out that the Valley was one of the biggest tech job losers over the last decade, dropping 80,000 positions, despite the more recent dot-com funding craze.
San Francisco itself is way down at number 29.
Newgeography used high-tech employment data from EMSI, an economic modeling firm. It then charted those areas that have gained the most high-tech manufacturing, software and services jobs over the past 10 years.
The top ten, newgeography says, are:
Seattle, Baltimore, Columbus, Raleigh, Salt Lake City, Jacksonville, Washington, DC, New Orleans, Riverside/San Bernardino, and San Diego.
The next batch inlcudes more surprises: Indianapolis is 11, Buffalo 12, San Antonio 13, and Charlotte 14. Boston is way down at 22.
Factors affecting high-tech job creation, the site says, include the presence of a major research university – although that wasn’t of much help to Boston, which lost 45,000 tech jobs (18 percent) in the last decade.
Business costs are another factor. They’re high in the Valley, Boston, and the Bay area, less so in many of top ten cities. Even low business costs are not a sure path to tech job creation though. Texas has good business metrics, but nevertheless experienced losses in tech jobs, primarily due to cutbacks in telecom, electronics, and communications equipment manufacturing.
Personally, we think a careful look at the results of this study suggest something we’ve said all along: big manufacturing operations are not the be all and end all of job creation. Placing an emphasis on creating a welcoming atmosphere for startup tech companies is a better way to go, and some areas, including Durham in the Research Triangle of North Carolina, are taking that route.
Newgeography suggests that two up and comers in this decade might be Detroit, which it says “has some real high-tech mojo,” and New Orleans, which has expanded its tech workforce by about 10 percent since 2009.
Tags: Baltimore, best cities for tech jobs, Charlotte, Columbus, DC, Detroit, Durham NC, eattle, Jacksonville, New Orleans, newgeography.com, Raleigh, Riverside/San Bernardino, Salt Lake City, San Diego, Texas, top tech growth cities, Washington
Posted in Internet/New Media, IT, Studies, surveys, reports, TechJobs, TechLife, Telecommunications | No Comments »
Wednesday, September 28th, 2011
 The combination of consumers’ unquenched demand for new technology and businesses’ application of new technologies, such as cloud computing, to gain efficiencies has given the high tech industry a job growth rate nearly four times faster than the national average since the employment trough was reached inFebruary 2010 (5.1 percent vs. 1.4 percent).
Additionally, rising venture capital and initial public offering (IPO) activity is fueling key rapid evolution and growth segments of the high-tech industry.
The services sector, which excludes manufacturing components of the high-tech industry, has the greatest direct impact on office space demand and is growing even faster at 5.9 percent, according to Jones Lang LaSalle’s high tech report that tracks 18 U.S. markets and provides an overview of the impact high-tech growth is having on office space supply, demand and pricing conditions.
High-Tech Report Highlights
- The high-tech growth cycle appears to be in the early stages with plenty of running room ahead for more hiring. Data indicates that this cycle is markedly different from the tech boom of the late 1990s.
- Of the more than 500,000 office-using jobs created nationally since February 2010, 127,000 jobs or 25 percent were in high-tech services illustrating the high-tech sector’s rapid growth rate.
- High-tech has accounted for 50 percent of total venture capital funding over the past four quarters. Biotechnology and medical devices combined comprise 25 percent.
- A national office market recovery is underway with established high-tech clusters substantially outperforming other areas of the office sector by recording strong rent growth, the highest net absorption levels and diminished space availabilities.
“Consumer demand for gadgets, apps and new forms of media, coupled with businesses’ technological needs, are what’s driving high-tech employment,” said Colin Yasukochi, San Francisco-based Director of Research for Jones Lang LaSalle’s Northwest Region.
“Employment in the high-tech sector is a bright spot in an otherwise gray economic picture. While not strong enough to uplift the entire national economy, high-tech strength is impacting office markets across the country with San Francisco, Silicon Valley and Baltimore experiencing the strongest growth.”
Rising venture capital
High-tech has accounted for 50 percent of total venture capital funding over the past four quarters with biotechnology and medical devices combined comprising 25 percent. Of the high-tech funding, Silicon Valley (San Francisco Bay Area total) dominated venture capital funding at nearly 40 percent with New England taking 12 percent and New York nearly 9 percent.
Silicon Valley’s market share over the same four quarters in 2000 – the funding peak – grew by almost 8 percentage points, while most other areas remained stable or shrank.
The high-tech growth cycle is in the early stages and differs greatly from the boom of the 1990s. This time around, venture capitalists are much more cautious, funding has been more contained and the types of companies receiving funding are more viable.
Additionally, a gauge of high-tech industry strength is near its past highs, but stock valuations have declined and remain near past lows. This suggests earnings are supporting business operations and stock prices are not overvalued.
“Because venture capitalists are putting a dominant amount of money into the mobile, search, social media and cloud computing sectors of the high-tech industry we are naturally going to see increased job creation in these sectors and in the geographies where these firms reside,” said Yasukochi.
High-tech employment vs. office-using employment
Office-using employment sectors comprise 20.9 percent of total employment in the U.S., while high-tech services makes up just 1.7 percent. Nonetheless, high-tech services jobs increased by 5.9 percent from the trough, while office-using sectors increased by 1.9 percent. Though traditional office users are greater in number, high-tech office users are increasing at three times the pace, and this growth is more concentrated in specific markets thus driving office demand to a greater degree in those places.
High-tech, healthcare services and energy-related employment are the strongest sectors in the U.S. economy, which overall has struggled to regain momentum especially in recent months.
Unemployment remains high at 9.1 percent nationally as of August; however, there are bright spots in the overall employment landscape with all three of the aforementioned sectors surpassing their peak employment levels reached prior to the start of the recession, and are still adding jobs.
These three sectors account for nearly 650,000 or 35 percent of the 1.8 million jobs added since the employment trough in February 2010. High-tech employment has surged growing its job base by 5.1 percent (5.9 percent for services and 3.6 percent for manufacturing), surpassing growth of any other sector on a percentage basis.
High-tech geographic clusters benefit
Geographies with clusters of high-tech growth are experiencing dramatic impacts on office space demand and local market conditions. The national office market recovery is underway with established high-tech clusters largely outperforming other clusters and recording strong rent growth, high net absorption and diminished space availabilities.
Strongest markets nationally
San Francisco, Silicon Valley, Seattle, New York and Baltimore are the strongest markets on Jones Lang LaSalle’s high-tech industry economic cycle clock. San Francisco, San Francisco Peninsula, New York, Pittsburgh and Austin are achieving the top rent growth nationwide.
Markets with growing high-tech cluster strength and that are positioned for rising rents and demand over the next 12 months include Boston, Seattle, Portland, Raleigh-Durham and San Diego. Many of these markets are becoming landlord-favorable with more moving in that direction.
“High-tech innovations and a shift in workforce dynamics are changing the way companies view and use office space,” saidPeter Miscovich, Managing Director in Jones Lang LaSalle’s Corporate Solutions group. ”As these trends become more impactful, property owners will need to employ their own forward-looking strategies to remain relevant.”
High-tech tenants such as Facebook, Google and Zynga typically seek creative space with open work spaces, exposed ceilings and brick surfaces. Landlords are increasingly adapting and reconfiguring office space to meet these demands.
“The old rule for planning corporate real estate was that 80 percent of the space was allotted to individuals who worked in their assigned offices and 20 percent of space was collaborative, but high-tech firms were the first to pioneer the concept of more open space,” said Miscovich. “Today, 60 to 80 percent is collaborative and interactive space, and 20 to 40 percent is individual, but not territorial.”
As a result, the average amount of space allotted per employee has dropped from about 400 square feet in 1985 to 250 today. Another 100 square feet per employee is expected to drop away in the near future.
Tags: an Francisco, Austin, Baltimore, high tech job growth, Jones Lang LaSalle high tech report, New York, Pittsburgh, San Francisco Peninsula, Seattle, Silicon Valley
Posted in Studies, surveys, reports, TechJobs | No Comments »
Tuesday, September 20th, 2011
 WASHINGTON, DC – Consumers in the Baltimore and Washington, DC areas are using daily deal websites such as Groupon and Living Social and engaging with user-generated product and service review sites like Yelp in ways that impact their purchasing decisions.
The Capitol Communicator/WB&A Market Research Poll, a study sponsored by branding and marketing communications agency ZilYen, queries consumers on their behavior across a range of online activities from exploring daily deal websites to following companies on Facebook and Twitter to scanning QR codes with smartphones for product and service information.
If you’re looking for insight into the Digital Media world in the Potomac region, you might want to check out TechMedia’s Digital East Conference next week (Sept. 28-29) at Tysons Corner, VA. And now, back to our regular program:
According to the July/August study of 836 households, about a quarter of respondents said they purchased online coupons through a daily deal website in the past two months (Baltimore 24%, Washington 30%).
One-third using social media
Slightly more Washington, DC area residents bought a daily deal coupon for a merchant they had not tried before (25%), than for merchants they had made a previous purchase from (21%), whereas a similar proportion of Baltimore area residents purchased these daily deal coupons both for merchants they are trying for the first time and for merchants they had experience with in the past (17% vs. 16%).
Baltimore and Washington, DC area residents are also using the growing reach of Social Media to follow and gain information on companies through Facebook and Twitter. In fact, about a third of residents in both areas “friend” or “like” companies on Facebook (Baltimore 34%, Washington, DC 32%), while almost one in ten “follow” or “tag” companies on Twitter (Baltimore 7%, Washington, DC 9%).
“There is so much online data available that consumers can quickly get information overload when researching a purchase,” says Steve Markenson, president of WB&A Market Research, “so our study provides some insights to help marketers and communicators develop the most effective strategies.”
Other findings from the study available at www.WBandA.com are:
More than half of residents said that user-generated online reviews have impacted a purchasing decision in the past 6 months (Baltimore 57%, Washington, DC 59%). However, a smaller proportion of residents are actually posting reviews themselves (Baltimore 42%, Washington, DC 33%).
There is higher overall smartphone ownership in Washington than Baltimore (58% vs. 42%), with more Washingtonians scanning a QR code for additional information or discounts on products/services (23% vs. 17%).
More Baltimore area residents (59%) would be impacted by an online tax as compared to half of Washington, DC area residents (50%).
“With this snapshot of consumer behavior in Baltimore and Washington we are helping marketers and communicators find the hot buttons of their audiences and ways to reach them,” says Paul Duning, co-founder of Capitol Communicator. “It will be interesting to see how this data changes over time.”
Tags: Baltimore, Capitol Communicator WB&A Market Research Poll, consumers using daily deal sites and social media to make buying decisions, daily deal sites, DC, social media, survey
Posted in Internet/New Media, Marketing, social media, Studies, surveys, reports | No Comments »
Tuesday, July 12th, 2011
 Elettrica, an electric car with lithium ion battery tech Simply “plugging in” one million electric cars could add $750 million in annual wholesale energy costs unless “smart charging” is adopted, according to a joint study conducted by PJM and Better Place, released by Better Place today.
Similarly, consumers who choose to leverage time-of-use pricing can see some price relief – less than 10 percent annually – however; the wholesale energy business would still feel the impact of ad hoc charging.
Conversely, “smart charging” one million electric cars via a central network operator can cut in half the increase in wholesale energy costs compared to simply plugging in or time-of-use pricing while reducing driving costs by one-fifth.
The joint study conducted by PJM and Better Place analyzed the impact of one million electric cars on the MidAtlantic States’ grid. The study modelled the market and pricing impact of one million electric cars and related charging infrastructure.
The greater Washington – Baltimore area was selected for modelling because it already experiences transmission congestion issues and is a targeted area for electric vehicle adoption.
“Because of the ad hoc nature and unpredictability of when each electric car would be plugged in, the extra $750 million in annual costs would be borne unequally by market participants and consumers,” said Hugh McDermott, Vice President of Utility and Smart Grid Alliances for Better Place.
“With smart charging, a central network operator is able to leverage dynamic wholesale energy prices to optimize the entire fleet’s charging at the lowest possible cost and impact to the grid and the consumer. Our customers and utility partners around the world stand to benefit from smart charging.”
Smart-charging possible via centrally dispatched grid
“Smart charging is possible when there’s real-time coordination through a centrally dispatched grid, which will facilitate prioritization and varying charging rates,” said Chantal Hendrzak, PJM’s General Manager Applied Solutions. “Flexible load benefits of EV charging are captured more easily by RTO, ISO and Utility operations through integration more directly into existing operations and practices.”
Sam Jaffe, Research Manager at IDC Energy Insights, commented: “Most electric vehicle drivers will want to be able to plug in according to their own needs, but unmanaged charging on a large scale will be costly for everyone—the driver, the utility and the grid operator. A centrally managed model can result in significant cost savings and improved grid stability, without impairing the fueling needs of the EV owners.”
“While many of the advantages of electrification of transport are well known, such as the diversity of domestically available fuels, price stability and spare capacity, the Better Place – PJM study reveals that managed charging can optimize the relationship between EVs and the grid, minimizing capital expenses and maximizing grid reliability,” said Robbie Diamond, President and CEO of the Electrification Coalition (EC). “The US should work to maximize these benefits to make EVs a true asset to our economic and national security.”
Full study
Tags: Baltimore, Better Place, DC, electric cars, energy costs, energy grid, IDC Energy Insights, PJM, Sam Jaffe, smart charging, study, wholesale energy costs
Posted in Energy, Maryland, Potomac, Studies, surveys, reports, Washington, DC | 2 Comments »
Friday, June 24th, 2011
 Moodlerooms Inc., a Baltimore-based e-learning software company, has raised $2.99 million of a targeted $3.39 million offering, according to a filing with the U.S. Securities and Exchange Commission.
Moodlerooms was a presenting company at TechMedia’s 2011 Southeast Venture Conference in Atlanta in February.
Moodlerooms was founded in 2005 by former teachers Tom Murdock, Sheila Gatling and Gina Russell-Stevens. Its course management system, is based on the open source Moodle system, a free Web application that teachers use to create online learning sites.
Investors include Longworth Venture Partners, Kaplan Ventures, Frank A. Bonsal III, and New Markets Growth Fund.
See also: Moodlerooms chalks up $7.15M
Tags: Baltimore, e-learning software, financing, Frank A. Bonal III, Kaplan Ventures, Longworth Venture Partners, New Markets Growht Fund, SEC filings, SEVC, Southeast Venture Conference, TechMedia
Posted in Internet/New Media, IT, Maryland, Money, Potomac | No Comments »
Tuesday, June 7th, 2011
 Appia is one of the top 100 mobile focused private companies selected by AlwaysOn Alwayson, a mobile focused publication, has named 100 emerging mobile companies it says “are transforming big industry and creating viable business models for the mobile marketplace.” While the list is heavily weighted toward West Coast firms, four we’ve covered, Durham, NC-based Appia, the mobile apps store headed by Jud Bowman, and Georgia’s Snapfinger, and Columbia, MD-based BoxtTone, and Baltimore-based Millennial Media, made the list.
Morgan Stanley, DCM, KPMG, Hewlett-Packard, Blackstone Group, Bridge Bank, Norwest Venture Partners, Fenwick & West, Silicon Valley Bank and AlwaysOn editors selected the companies. They identified the top 100 private companies that are pushing aggressively into the mobile space and turning the old smartphone into a must-have connected device.
Companies were selected based on five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
The overall winner? Palo Alto, CA-based Flipboard, in the social and consumer networking category. Founded in 2010, the 30 employee company’s venture backers include: Kleiner Perkins Caufield & Byers, Index Ventures, The Chernin Group, and SV Angel.
The list includes firms in the categories of Advertising, Cloud Services, Commerce, Consumer and Social Networking, Devices and Enabling Technologies.
While you’ll find many names you know on the list (Foursquare, Evernote, and BOKU, for instance, you may also encounter a few you haven’t heard of yet. It’s worth a look.
Top 100 emerging mobile companies list
Tags: AlwaysOn, Appia, Baltimore, BoxTone, Columbia, Durham, Georgia, Maryland, Millennial Media, Mobile 100, mobile advertising companies, mobile device makers, mobile enablers, mobile social networking, NC, Snapfinger, top 100 mobile private companies
Posted in Carolinas, Georgia, Maryland, Mobile, North Carolina, Potomac, smartphones, social media, Studies, surveys, reports, Telecommunications | No Comments »
Thursday, May 26th, 2011
 BALTIMORE, MD – Startup City, an accelerator founded by Mike Subelsky and Monica Beeman, says it is delaying its launch.
In a post on the Startup City Website, the founders write:
“We’re sorry to inform you that we are delaying the launch of Startup City. While we received significant angel investor support, we don’t want to launch without full funding from the right investors. We view this as a temporary setback: rest assured we will be retooling the Startup City concept using feedback we received during the fundraising process as we continue to seek investors.”
The founders previously said Startup City would run a 12-week startup company accelerator and incubator program based in Baltimore.
It planned to bring ten companies will come to Baltimore July 1st.
It said each startup would receive:
- $15,000 in seed capital
- Weekly progress consultations with an experienced business mentor
- Free, beautiful office space collocated with the other participating companies
- Legal, accounting, marketing, and technical assistance from Baltimore’s Emerging Technology Center
- Introductions to potential customers and investors
- Weekly master classes and workshops
- Vigorous coverage of their stories in our blog via video and written profiles
- Exposure to investors, journalists, and business leaders at a Demo Day occurring at the end of the 12 weeks
Tags: Baltimore, MD, Mike Subelsky, Monica Beeman, startup accelerator/incubator, Startup City delays launch
Posted in Economic Development, IT, Maryland, Potomac | No Comments »
Monday, May 23rd, 2011
 BALTIMORE, MD – Bambeco, an online seller of “eco friendly” products such as bamboo and others made from materials that are all-natural, biodegradable, nontoxic, organic, recycled, recyclable, repurposed or renewable, has raised just over $932,000 in an equity raise targeted at $1.5 million, according to a regulatory filing.
The company sells products in a variety of areas, including home decor, kitchen and bath, outdoor, pet, and seasonal items.
The company disclosed the raise in a filing with the U.S. Securities and Exchange Commission. It cites Richard Faint, a company director from Baltimore’s Exceptional Software Strategies, Susan Alpin, CEO, Carylyn Wapnick, CTO, and Sandra Huffer, a director, as principals.
Tags: Baltimore, Bambeco, Economic Development, financing, online seller
Posted in Internet/New Media, Maryland, Money, Potomac | No Comments »
Tuesday, April 5th, 2011
 SAN DIEGO–Want to live a longer life? Move to Salt Lake City, the DC-Balitmore area, Raleigh-Durham-Chapel Hill, San Francisco, or Austin. On the other hand, Knoxville and Nashville, TN, Greensboro/Winston-Salem, and Tampa and Jacksonville, FL, may make you old before your time. So says and new report by RealAge.
Southeast and western cities are among the top ten on RealAge’s list of the “youngest” cities in America—metropolitan areas with such healthy lifestyles that on average their residents are physically at least two years younger than their chronological age, and many are years younger than that. RealAge analyzed data from the largest 50 metropolitan areas to compile the rankings.
A passion for fitness and a loathing for smoking are key factors in Salt Lake City’s number one ranking. At the other extreme, residents of Knoxville, Greensboro/Winston-Salem, and Nashville are aging faster than they should. (Get an infographic of the 10 youngest and oldest cities here.)
What are the 10 metro areas where you have the best odds of staying young?
1. Salt Lake City, Utah
2. San Francisco/Oakland/San Jose, Calif.
3. Austin, Texas
4. Denver, Colo.
5. Boston, Mass.
6. Washington, DC/Baltimore, Md.
7. San Diego, Calif.
8. Raleigh-Durham/Chapel Hill, N.C.
9. Minneapolis/St. Paul, Minn.
10. Seattle/Tacoma/Bremerton, Wash.
Which metro areas are likely to make you old before your time?
1. Knoxville, Tenn.
2. Greensboro/Winston-Salem/High Point, N.C.
3. Nashville, Tenn.
4. Saginaw/Bay City/Midland, Mich.
5. Cincinnati, Ohio
6. Tampa/St. Petersburg, Fla.
7. Oklahoma City, Okla.
8. Las Vegas, Nev.
9. Jacksonville, Fla.
10. Tulsa, Okla.
“Each city’s ranking is more than just a number,” says Keith Roach, MD, Chief Medical Officer of RealAge and a co-creator of its test. “It’s a unique assessment of the healthy lifestyles, or lack of them, in each metro area—of how people live there, what they’re doing right and what they need to change. If you live in one of the 10 oldest cities, take this as the alarm on your body’s aging clock going off! It’s never too late for a fresh start.”
Note that half of the 10 youngest cities are in the Western U.S., from Denver to Seattle.
“Maybe it’s the weather, maybe it’s the mountains, but Western cities have adopted active lifestyles that can slow down the aging process,” says Dr. Roach.
Behind the Rankings
To compile the rankings, RealAge analyzed data for America’s 50 largest metropolitan areas generated by its landmark online assessment, the RealAge Test, taken by over 27 million people. This is the first time the company has analyzed aggregated results on a city-by-city basis.
A random sample of 1,000 RealAge members was drawn from each city. The sample data was adjusted for age differences, so a metropolitan area that’s a magnet for retirees wasn’t penalized, and a city jammed with university students didn’t benefit.
The Test uses a powerful algorithm that combines the latest scientific studies with lifestyle, genetics, and medical history to calculate your RealAge—how old your body thinks you are.
What Makes a City Younger or Older
While multiple lifestyle factors are involved, here are four big ones that help people in Boston (the 5th youngest city), for example, stay younger and healthier than those in Cincinnati (the 5th oldest):
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| 1. |
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Getting the right amount of sleep. Six of the 10 youngest cities are among those with stellar sleep habits. And (surprise) New York isn’t the city that never sleeps—the Big Apple ranks second in ZZZ’s; Austin is first. Sleeping six to nine hours a night can make your RealAge as much as 3 years younger. |
| 2. |
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Stubbing out cigarettes for good. Four of the five fastest-aging cities have the highest percentage of smokers. |
| 3. |
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Not sitting around. Six of the 10 youngest cities are among the most physically active in the country. A daily 30-minute walk can make your RealAge up to 3.5 years younger. |
| 4. |
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Controlling your blood pressure. Five of the 10 fastest-aging cities—Knoxville, Cincinnati, Oklahoma City, Jacksonville, and Tulsa—are among the worst for high blood pressure. Nothing ages you faster. Who has the lowest BP? Residents of Minneapolis-St. Paul, the 9th youngest city. |
TechJournal South is a TechMedia company. TechMedia presents the annual conferences:
SoutheastVentureConference: www.seventure.org
Internet Summit: www.internetsummit.com
Digital East: www.digitaleast.com
Digital Summit: www.digitalsummit.com
Tags: Austin TX, Baltimore, Cincinnati, CO, DC, Denver, FL, Greensboro, High Point, Jacksonville, Knoxville, Las Vegas, MD, Nashville, NV, OH, OK, Oklahoma City, Raleigh-Durham-Chapel Hill, Realage.com, San Diego, San Fransciso, Seattle, St. Petersburg, Tampa, TN, Tulsa, Winston Salem
Posted in Carolinas, Florida, Maryland, North Carolina, Other SE, Potomac, Studies, surveys, reports, Tennessee, Washington, DC | No Comments »
Thursday, March 31st, 2011
 BALTIMORE, MD – TidalTV, a video advertising, optimization, and yield management solutions provider, has raised more than $30 million in financing led by New Enterprise Associates (NEA), with participation from other existing investors Comcast Interactive Capital and Valhalla Partners.
The company says the new funding will support the aggressive expansion of TidalTV’s technology into new global markets throughout 2011 and the deployment of its proprietary ad decisioning solutions into new multi-screen applications for advertisers, media agencies and publishers.
TidalTV launched as a technology platform in late 2007. It was founded by Advertising.com co-founder Scott Ferber.
The investment nearly doubles TidalTV’s last financing, allowing the company to build momentum in the rapidly growing video advertising category and to deliver advanced capabilities in targeting the right ad, to the right person, at the right time, across platforms. eMarketer estimates that by 2015, 76% of internet users, or 195.5 million people will be watching online video each month. In the same period, it predicts online video advertising spending will surge from $1.97 billion to $5.71 billion.
“Our focus on bringing math and science into the branded advertising space has been well received, and truly illustrates the demand for more efficiency and effectiveness in brand marketing,” said Ferber, chairman & CEO of TidalTV.
“I have never experienced such eagerness to invest into the growth of a company by existing investors, so much so that we could not accommodate all the demand. This infusion of capital will advance TidalTV’s position as a leader in video-based advertising solutions for advertisers and publishers through investments in premier human capital, expansion into new global markets and the development of innovative product suites.”
TechJournal South is a TechMedia company. TechMedia presents the annual conferences:
SoutheastVentureConference: www.seventure.org
Internet Summit: www.internetsummit.com
Digital East: www.digitaleast.com
Digital Summit: www.digitalsummit.com
Tags: Advertising.com, Baltimore, Comcast Interactive Capital, financing, MD, New Enterprise Associates, Scott Ferber, TidalTV, Valhalla Partners
Posted in Internet/New Media, Maryland, Money, Potomac | No Comments »
Friday, March 11th, 2011
 Atlanta is 2nd on the list of most socially networked cities. RESEARCH TRIANGLE, NC – Washington, DC took the top spot as most socially networked, followed by Atlanta in the number two position in a ranking by Men’s Health magazine, it calls “Twittertowns.” Raleigh ranked 12th, Orlando, 7th, Tampa, 31st, and Baltimore 58th.
The magazine ranked US cities by adding up the number of Facebook and LinkedIn users per capita and overall Twitter use as monitored by NetProspex.It also measured traffic generated in each city by social networks and factored in the percentage of households checking out chat rooms and blogs.
You can meet some of the most wired people in Atlanta at TechMedia’s Digital Summit May 16-17 at the Cobb Galleria.
Here’s the top ten, according to the magazine:
Most socially networked
1 Washington, DC
2 Atlanta, GA
3 Denver, CO
4 Minneapolis, MN
5 Seattle, WA
6 San Francisco, CA
7 Orlando, FL
8 Austin, TX
9 Boston, MA
10 Salt Lake City, UT
Here’s the Full List.
TechJournal South is a TechMedia company. TechMedia presents the annual conferences:
SoutheastVentureConference: www.seventure.org
Internet Summit: www.internetsummit.com
Digital East: www.digitaleast.com
Digital Summit: www.digitalsummit.com
Tags: Atlanta, Baltimore, DC, Digital Summit, facebook, LinkedIn, Men's Health TwitterTowns ranking, most socially networked cities, Orlando, Raleigh, social media, Tampa, twitter
Posted in Carolinas, Facebook, Florida, Georgia, Maryland, North Carolina, Potomac, social media, Washington, DC | No Comments »
Thursday, February 17th, 2011
 COLLEGE PARK, MD – The Maryland Industrial Partnership Program (MIPS) has authorized 16 high technology and biotech product development grants totlaing $3.7 million.
MIPS, an initiative of the Maryland Technology Enterprise Institute (Mtech) at the University of Maryland, fosters technology innovation and creates jobs in Maryland by funding commercially promising product development projects that partner Maryland companies with University System of Maryland researchers. Both companies and MIPS contribute money, all of which supports the work of faculty and graduate students.
The projects combine $2.4 million from participating companies and $1.3 million from MIPS. Funding from the Maryland Department of Natural Resources, Environmental Protection Agency and the Maryland Biotechnology Center supported select MIPS projects.
New technologies approved for funding include: a new, biofuel-producing scrubber to remove CO2 from smokestacks, biofouling screen systems that remove harmful nutrients and sediment from the Chesapeake Bay, a variable-torque wind turbine with a speed converter, pest-resistant soybeans, ultra-thin rechargeable batteries, a system that speeds Internet-via satellite communications and more.
Five are in the Baltimore area, four are in College Park, two are in western Maryland, two are in Frederick, one is in Silver Spring, one is in Dayton, and one is on the lower Eastern Shore.
Companies getting grants include:
Frederick-based Cerona Networks ( www.cerona.com ), which gets $268,600 and is developing a broadband Internet-via-satellite system with two-way performance approaching terrestrial Internet connections that saves costs for providers and can be retrofit to existing systems.
Owings Mills-based Differential Dynamics Corporation ( www.ddmotion.com ), $160,000 for developing a new type of wind turbine with a speed converter and a variable-torque generator that can reduce the failure rate and maintenance cost, harness more energy, and reduce unit cost.
College Park-based FlexEl LLC ( www.flexelinc.com ), $141,025, for developing an integrated battery management system for FlexEl’s thin-film batteries incorporating upstream energy scavenging circuitry and downstream load management circuitry to give end-users an ultra-thin, plug-and-play power solution.
The others are biotech related.
TechJournal South is a TechMedia company. TechMedia presents the annual conferences:
SoutheastVentureConference: www.seventure.org
Internet Summit: www.internetsummit.com
Digital East: www.digitaleast.com
Digital Summit: www.digitalsummit.com
Tags: Baltimore, Blackrock Algae, Cerona Networks, College Park, Differential Dynamics Corp., Frederick, Maryland, MIPs grants, Owings Mills
Posted in Economic Development, Internet/New Media, IT, Maryland, Money, Potomac | No Comments »
Thursday, February 3rd, 2011
 BALTIMORE, MD – Ontario-based Open Text Corp. has agreed to a merger of Baltimore-based Metastorm and one of its subsidiaries in a deal worth $182 million.
Metastorm sells business process management, analysis and enterprise architecture software.
Metastorm stockholders will get $182 million in cash.
“Metastorm will add complementary technology and expertise that enhances our ECM solutions portfolio,” said John Shackleton, president and CEO of OpenText.
The deal is expected to close in the third quarter.
Tags: acquisition, Baltimore, MD, Metastorm, Ontario, OpenText
Posted in Acquisitions, IT, Maryland, Potomac | No Comments »
Thursday, January 13th, 2011
 - A Droid Pro
BALTIMORE, MD – Millenial Media says the Android smartphone operating system has overtaken the Apple iOS on its mobile advertising network.
This follows a report from Nielsen that showed the Android phones grew market share between January and November 2010 while
Apple’s share was about the same and BlackBerry’s fell.
The Android system is used on phones made by multiple manufacturers while both the Apple and Blackberry operating systems run only on their devices.
Millenial says that it’s network – which reaches about 80 percent of mobile phone users according to the company – saw Android ad requests leap 141 percent from Q3 to Q4 in 2010. Apples requests were up 12 percent, and RIM’s 60 percent.
Android apps also ran ahead of the pack and resulted in 55 percent of revenue from app platforms.
These numbers could change next month when the iPhone for Verizon is released. Some users do not care for AT&T’s mobile service.
But the fact that advertising requests for all three smartphone operating systems grew significantly is as much a trend as Android’s growing dominance.
We have been testing a Motorola Droid Pro, and the Verizon service has been reliable in the office, on the road, on a train, and in a variety of NC locations in three cities. — Allan Maurer
Tags: ad network, Android, Apple iOS, Baltimore, Blackberry, Droid ad requets top Apple's, MD, Millenial Media, RIM, smartphones
Posted in Internet/New Media, IT, Marketing, Telecommunications | No Comments »
Thursday, January 6th, 2011
 BALTIMORE, MD – The mobile space is hotter than a cell phone after an hour long call. After tripling revenues in 2010, Millennial Media Inc., which focuses on mobile advertising, has raised an additional $27.5 million in growth equity funding, with Bessemer Venture Partners, Columbia Capital, Charles River Ventures (CRV), and New Enterprise Associates (NEA) participating.
This new investment brings the company’s equity funding to more than $65 million and will be used to fund an acceleration of the company’s 2011 global growth plan.
The company says it plans to use the growth investment in part to build on its successful 2010 acquisition of TapMetrics, a mobile analytics company, with additional acquisitions in 2011. Additional investments will be made in the company’s international and platform lines of business.
“Millennial Media continues to be one of our best-performing portfolio companies, and has achieved profitable results. The company has exceeded its revenue and EBITDA projections for ten consecutive quarters,” said Patrick Kerins, General Partner, NEA. “As part of our growth equity strategy, we target companies like Millennial Media, as it has the seasoned management team, operational excellence and long-term vision to dominate the mobile advertising market.”
The company’s U.S. mobile ad network business reaches more than 85% of U.S. mobile web users, serves more than 17B mobile ad impressions each month, and counts 18 of the top 25 Ad Age advertisers among its clients. Millennial Media’s global operations reach mobile consumers in more than 250 countries. Additionally, the company’s technology platform powers mobile advertising programs operated by its partners, including leading media companies, OEMs, and mobile application developers.
Millennial Media is headquartered in Baltimore, Maryland, has offices in New York, London, and San Francisco; with sales offices in Detroit, Los Angeles, Chicago, Dallas, and Atlanta.
Tags: Baltimore, Bessemer Venture Partners, Charles River Ventures, Columbia Capital, financing, MD, Millennial Media, New Enterprise Associates
Posted in Internet/New Media, Marketing, Maryland, Money, Potomac | No Comments »
Friday, December 3rd, 2010
 BALTIMORE, MD – Environmental testing firm Pathsensors is seeking $2.75 million in equity investments, according to a regulatory filing. The company, located at the Univesrity of Maryland, Baltimore, appears to be a spin-off from Innovative Biosensors Inc., which is developing tests to quickly find pathogens in the infectious disease and biodefense sectors.
IBI, founded in the University of Maryland incubator in 2003, raised $17 million in venture backing from Harbert Venture Partners, New Markets Growth Fund, Maryland Venture Fund, Chart Venture Partners, and CNF Investments.
IBI Chief Operating Officer Theodore J. Olsen is cited as president and CEO of Pathsensors in the filing with the US Securities and Exchange Commission disclosing the offering.
The filing also discloses that Pathsensors is issuing $1.24 million in securities in connection with an acquisition.
The company’s web site is under construction.
TJS Editor/writer Allan Maurer: Email Allan at TechJournalSouth dot com.
Tags: Baltimore, Innovative Biosensors, Pathsensors, Theodore J. Olsen, University of Maryland incubator
Posted in Government/Defense, Maryland, Money, Potomac | No Comments »
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