Washington area business diary for July 2

The Washington Post

Published: July 01, 2012 13:03

Short takes on the week's announcements and deals.


Herndon-based Northern Virginia Technology Council announced the winners of its annual Hot Ticket Awards: Herndon-based CFN Services, Hottest Bootstrap; Silver Spring-based Sonatype, Hottest Buzz; Bethesda-based GetWellNetwork, Hottest Company Culture; Reston-based Near Infinity Corp., Hottest Emerging Government Contractor; Rockville-based Micromet, Hottest Exit; Gaithersburg-based BroadSoft, Hottest Management Team; Annandale-based Lemur IMS, Hottest Startup; and District-based NewBrandAnalytics, Hottest Venture Capital Deal.

Call for entries

Fairfax-based Women in Technology is now accepting applications for the second class of its Leadership Foundry program. The organization said it will select 15 to 20 women for intensive board-training sessions and mentoring and networking opportunities. Application deadline is July 25. Visit for more information.


The Chesapeake Regional Tech Council is moving this week to 839 Bestgate Rd., Suite 400, Annapolis, MD 21401 from 2660 Riva Rd., Suite 200, also in Annapolis.

Name changes

McLean-based meetings and events management technology company Cvent said it is changing the name of its recently acquired app developer Seed Labs to CrowdTorch.


District-based SoundExchange, which collects royalties for musicians from satellite radio stations, Web-based radio services and cable music channels, said it has now paid $1 billion in digital royalty payments to artists and record labels since its creation in 2000.


Rockville-based National Institutes of Health Federal Credit Union said it has entered into agreements with Richmond-based Virginia Biotech Association and the McLean-based Medical Society of Northern Virginia to market the credit union’s services to the organizations’ members.


Rockville-based Emergent BioSolutions said it has received a contract worth up to $220 million from the Department of Health and Human Services’ Biomedical Advanced Research and Development Authority to establish a Center for Innovation in Advanced Developing and Manufacturing.

News Source The Washington Post