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Metronet names Va. market leader
Fiber optic company Metronet hired Andrew Brummette in April to be its Virginia market leader, the company announced Monday. Evansville, Indiana-based Metronet is expanding to Norfolk, its first foray into Virginia, where it will build a fiber optic network and offer internet service to city residents. Brummette is based in Norf[...]
McLean-based Intelsat names new execs
McLean-based Intelsat Corp. has named four new executives. Anthony “Toby” O’Brien will become the satellite provider’s next chief financial officer, after having served in the role for five years with Raytheon Co., Intelsat said in a news release May 5. Michael DeMarco will become the company’s new chief co[...]
Globalinx to add new subsea cable landing site in Va. Beach
Virginia Beach will have four more subsea bore pipes in Sandbridge by the third quarter of 2023, infrastructure that will allow more high-speed subsea cables connecting Virginia to Europe, Asia, the Caribbean and the Americas, the city announced Friday. Virginia Beach-based Globalinx Subsea Colocation provides colocation space f[...]
Tysons-based MicroStrategy names new CFO
Tysons-based business software company MicroStrategy Inc., best known for its nearly $4 billion investment in bitcoin since 2020, has announced that Andrew Kang will be its new senior executive vice president and chief financial officer, starting next week. Kang takes over for Phong Le, who has served as CFO and president. After Kang’s start date, […]
GDIT awarded $661M EPA contract
Falls Church-based General Dynamics Information Technology Inc. has received a $661.6 million contract to modernize and manage IT services for the U.S. Environmental Protection Agency. The award, announced April 28, includes developing and operating the EPA’s enterprise IT infrastructure and applications. Services include cloud computing, platform management, network operations, enterprise identity access management and cybersecur[...]
Biotech industry seeks push forward
With more than $25 million, nearly all taxpayer money, a collaborative partnership of government, business and nonprofit organizations plans to build an accelerator for biotech startups in the Roanoke Valley. Supporters say the initiative will create 250 jobs through 25 new startups over five years, generating $20 million in ann[...]
Cyberwar zone
Earlier this year, Kwabena Konadu received a call from one of the small businesses he advises on IT and cybersecurity. The company’s chief financial officer had received an email from a purported ethical hacker — cyberspeak for “good guy” — who had found the official’s username and password for accessing company data[...]
Richmond tech company to add 30+ jobs
Shockoe, a Richmond-based technology company that builds apps and other tech products for client companies, will expand to create more than 30 jobs, Richmond’s mayor announced Thursday. Headquartered in the Scott’s Addition neighborhood, Shockoe was founded in 2010 by Edwin Huertas and has been featured in the Inc. 5000 list of fastest-growing privately held companies, […]
Google to invest $300M in Va., announces workforce grant
Google will invest $300 million in Virginia in a plan that includes data centers, the technology giant announced Tuesday during a press conference at its Reston office. That’s in addition to a $250,000 grant to Richmond-based nonprofit CodeVA to develop a network of computer science lab schools to expand professional devel[...]
Ellucian closes acquisition of CampusLogic
Reston-based higher education software company Ellucian Inc. has completed its acquisition of Chandler, Arizona-based financial aid software provider CampusLogic Inc, Ellucian announced Tuesday. The deal was first announced in January. Financial details were not disclosed. Campus Logic is a software-as-a-service (SaaS) company that provides financial aid tools and platforms for colleges and universities. It supports […][...]
Reston-based Babel Street names new CEO, CFO
Reston-based Babel Street Inc., a web and social media monitoring company, has named a new CEO and chief financial officer, according to a news release. Michael Southworth succeeds Babel Street founder and CEO Jeff Chapman, who has been named vice chairman of the company’s board of directors. Brian Daum has joined the com[...]
Mark Esper joins Tysons venture capital firm
Mark Esper, who led the Pentagon from 2019 to 2020, has joined Tysons-based incubation and venture capital firm Red Cell Partners LLC as a partner and chair of its national security practice, according to a news release. Esper will lead Red Cell’s investment activities in cyber, defense, security, international affairs, sp[...]
