Md Regulatory Reform

The commission of Maryland had issued a report and recommendation on regulatory reform.

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US cybersecurity firm HackSurfer bags $3.5M in funding to beef up software protection

Maryland, US-based software cybersecurity firm HackSurfer bagged $3.5 million in a recent funding round to provide better cloud-based enterprise data protection for its customers from both private and government sectors.

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US education startup Tales2Go bags $750K seed funding for audiobook app

Marlyand, US-based education startup Tales2Go bagged $750,000 in a seed funding round led by NewSchoolds Venture Fund and Maryland Venture Fund to improve students' listening fluency through a "Netflix-like" audiobook app.

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US healthcare firm WellDoc bags $20M to market diabetes mobile app

Maryland, US-based healthcare firm WellDoc bagged $20 million from Windham Venture Partners and Merck Global Health Innovation Fund to market BlueStar, the first mobile therapy prescription for diabetes.

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Militello invests in Maryland-based fitness app Nexercise

Northern Virginia-based private equity investment manager has invested an undisclosed amount in Nexercise, a Maryland-based free motivational health and fitness app for iPhone and Android.

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US clothing retailer Men's Wearhouse launches second move in hostile bid for Jos. A. Bank

Texas-based clothing retailer Men's Wearhouse made a $1.6 billion ($57.50 per share) cash offer as its latest move in a hostile bid for Maryland-based firm Jos. A. Bank, after its $55 per share offer was rejected.

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Apollo completes acquisition of MidCap

Maryland-based health care lender MidCap Financial LLC was acquired by an entity managed by alternative asset manager Apollo Global Management LLC for an undisclosed amount.

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Maryland winner wins USD 189 Mega Millions ticket

The winning ticket for the Mega Millions jackpot of USD 189 million was bought in Maryland.

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Maryland received US$320 million in venture capital funds in the second quarter

A PricewaterhouseCoopers report revealed that venture capitalist invested around US$320 million into Maryland last quarter.

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