Venture Capital : Innovation & Job News

“We are excited to raise additional capital from two great new partners,TriplePoint Venture Growth BDC Corporation and Square 1 Bank,” said Tobin Moore, CEO and co-founder of Optoro in a release.

The salad chain has been a sensation since opening in Georgetown eight years ago and has since opened restaurants in Boston, New York and Philadelphia and L.A.

Allyson Jacob, innovation news editor since Elevation DC first began publishing news in January 2013, has written her last piece for the publication.

NextGen Angels, an angel investor group for entrepreneurs based in the District, just closed a $1M funding round. The group is also expanding to other cities.

When it announced it had acquired Disruption Corp in Arlington, VA, and Hattery in San Francisco, 1776 cofounders Evan Burfield and Donna Harris and now managing director Paul Singh faced lots of questions from the #DCtech community. They just released a podcast to explain more on their plans.

1776, the growing incubator, coworking space and seed fund, announced today that it has acquired Hattery in San Francisco.

Gusto makes point-of-sale systems that easily integrate with third-party apps, thanks to CEO Bill Draper's complete redesign of what a POS should be. The company closes a $2M Series A round today.

Prequel, a rotating pop-up for restaurant concepts in the former LivingSocial event space in Northwest, is the first project to be funded under the D.C. government's new intrastate equity crowdfunding rules.

SwitchPitch, a series of events for corporations to pitch projects to statups, has developed SwitchPitch Connect, a LinkedIn-style platform for business development.

Contactually, a District-built CRM platform for small and medium businesses, today announces an additional $2 million in seed round funding. 

With four restaurant concepts ready for backing and three more on their way, EquityEats is poised to change the way brick-and-mortar eateries, coffeeshops and bars are funded.

Capital Call, a semi-annual pitch event hosted by Cooley LLP, draws entrepreneurs and investors together for potential matchmaking. Meet the companies who pitched last week.

Raises for nvite and Avizia, fun stuff and a WSJ mention for iSL, Disruption starts dispensing advice and cove expands yet again.

Every other week Elevation DC brings you news of tech startups that are hiring. Read on for this week's roundup.

cove, the neighborhood productivity space with three locations in the District, is raising funds.