Baltimore Archives - Page 3 of 3

Baltimore Get Ready For TechCocktail’s Mixer Event May 2nd

Last night we brought you the story that Technically Philly is expanding and adding Technically Baltimore this summer. If you can’t wait until the summer to mingle with Baltimore’s tech influencers, entrepreneurs and startups don’t worry TechCocktail has you covered.

TechCocktail is holding another one of their infamous mixers on May 2nd at Mother’s Federal Hill Grille from 6:30pm-9pm on May 2, 2012. If you’re a startup founder, entrepreneur, tech nut or tech enthusiast head out to Mother’s and get your geek on.

If you want to sign up for a free demo spot or just to attend the event head over to techcocktail.com and sign up now.

See you there!

Technically Philly Expanding To Cover Baltimore

One thing that Cameron and I have noticed on the road covering startups “Everywhere Else” is that there are some really great locally focused websites out there (and some really horrible ones). Sites like inthecapital.com (covering Washington DC’s thriving tech scene), Builtinchicago (covering Chicago’s Tech Scene), Silicon Prairie, TechCocktail and Technically Philly do a great job of keeping the tech community in their target areas in focus.

Technically Philly is expanding this summer. They let their readers know in this blog post that they plan on soft launching Technically Baltimore.com later this summer with the help of Baltimore entrepreneur and startup evangelist Mike Brenner. Brenner maintains the startupbaltimore.org site and will be instrumental in Technically Baltimore’d launch. They plan on having a more formal launch in the fall.

Technically Philly has a revenue model that consists of an annual event called “Philly Tech Week” which is just about a week away, along with other shoulder events, and some underwriting. They plan on continuing a similar model with the Baltimore site, so while reporting on the Baltimore tech scene will be priority number one, companies in Charm City will also get the chance to showcase themselves in an event similar to Philly Tech Week (we hope).

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Baltimore Startup 410 Labs Hits PR PayDirt With Evolve Communications “Rocket Packs For Startups”

Back in June of 2011 410 labs opened up their beta to their shortmail service. Shortmail is a service that helps users create 500 character emails that are concise and deliver the message without the superfluous chatter that clogs email messages everywhere.

It originally released to anyone with a Twitter account. In fact today you can still claim a shortmail account using your Twitter credentials, however in January they opened it up to anyone with a pulse via their web tool at shortmail.me

“Our goal is to bring communication simplicity to everyone,” says 410 Labs CEO Dave Troy. “After hearing from many of our our users that they love Shortmail, but don’t love their Twitter name, we’ve opened up a new name space that’s not tied to Twitter, so everyone can enjoy the benefits of shorter, more concise communication.”

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Maryland Governor Takes To Pinterest For Start Up Pitch Contest

Pinterest is one of the hottest social networks around. Most sites and analysis are suggesting that the pinboarding network is geared towards women. We reported earlier this week that America’s top man President Barack Obama has started using it.

Now Mayland’s Democratic Governor Martin O’Malley is using it as well. While Potus promises photos of the first family, including first dog BO, and Obama family recipes, O’Malley has something different.

Governor O’Malley is going to use his Pinterest page to promote homegrown startups. O’Malley is embarking on the first ever startup showcase pitch contest.

More after the break

Millennial Media Stock Opens With A Bang

Millennial Media, the largest independent mobile ad platform in the world, went public this morning on the New York Stock Exchange (NYSE) under the ticker symbol MM. Millennial had said earlier on that they expected shares to go for between $9 and $11 at their IPO. Yesterday that number was revised to $11 to $13 per share. What happened today was nothing short of amazing.

The opening trade this morning on Millennial stock was $25 it was hovering around $26 per share around 10am eastern time this morning. It was at $25.16 at noon.

CNBC’s Jim Cramer has been talking up the mobile phone space saying that it’s the way of the future. That could be what’s driving the stock for the Baltimore based ad network.

They also have a financially sound business. Millennial did over $104 million in ad placements last year and have been on a steady trajectory of growth since being founded in 2006 by former Verizon VCast honcho Paul Palmeri.

Millennial Media’s stock story this morning has been raising some eyebrows. Yahoo advertising executive, Michael Katz, tweeted this morning:

Millennial Media’s marketcap is almost bigger than the actual Mobile Ad Maket [sic]. Tell me how this makes sense.

The Motley Fool this morning called Millennial Media “The mobile advertising play you’ve been waiting for”. Fool writer Rick Aristotle Munariz speculates that Millennial’s position as the second largest mobile ad player overall, and ahead of Apple’s mobile ad unit, may be driving the success of their IPO.

source: SAI