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Innovation & Job News

Just the Facts: D.C. companies that made headlines this week

D.C. Tech moves pretty fast. If you don't stop and look around once in a while, you might miss it.

nvite, an event registration platform founded by Martin Ringlein, cofounder of design firm nclud and canvas co/work, announced a $1 million seed round raise led by Paul Singh's Crystal Tech Fund.  

The Crystal Tech Fund is the investment arm of Singh's Disruption Corporation. This week, Singh announced that Disruption is now a registered investment advisor, offering advice for investing in startups. The New York Times raises some questions.

In other funding news, Reston-based Avizia, which makes telemedical solutions, closed a $1.74 million funding round led by NextGen Angels.

We reported in June that iStrategyLabs (iSL) is moving into the Wonder Bread Factory in Shaw; apparently the Wall Street Journal sees Peter Corbett's digital agency's move as a trend. "The iStrategyLabs deal with Douglas Development, which also owned the agency's smaller office in Dupont Circle, is the latest example of how Washington's commercial-real-estate market is getting a boost from the technology sector. Other recent tech deals include EverFi Inc., an education-technology company founded in Washington in 2008 that signed a new lease in January for 22,000 square feet in Georgetown. Also, health-focused startup Kit Check relocated from Rossyln, Va., earlier this year, moving into a 6,384 square-building near Chinatown," reports the WSJ's Max Taves.

iSL's latest Social Machine is the Facebook Mentions Box, a device that will serve up fan questions to celebrities at the Emmys (Monday night) in Magic 8 Ball style.

And finally, cove announced that it will open a fourth location in Columbia Heights in September.

Read more articles by Allyson Jacob.

Allyson Jacob is a writer originally hailing from Cincinnati, Ohio, and is the Innovation and Job News editor for Elevation DC. Her work has been featured in The Cincinnati Enquirer and Cincinnati CityBeat. Have a tip about a small business or start-up making waves inside the Beltway? Tell her here.
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