Sign In
Free Newsletter
Ex-CommuniClique CEO sentenced for money laundering, fraud
The founder and former CEO of Reston-based CommuniClique on Wednesday was sentenced to more than 12 years in prison in an Alexandria federal court for money laundering and fraud that caused losses of $25 million to investors, according to the U.S. Attorney’s Office for the Eastern District of Virginia. “Andrew B. Powers stole $25 million […]
Montreal investment firm buys Herndon software company
Montreal-based software company investor Valsoft Corp. announced Thursday it will acquire Herndon-based AllTrust Networks, which provides check cashing software. A transaction amount was not disclosed. “We are proud of what we’ve accomplished and want to continue in that direction within Valsoft,” AllTrust CEO Karl Lewis said in a statement. “We have invested significantly in the […][...]
K12 Inc. to hire 1,300 online educators during pandemic
Herndon-based online education provider K12 Inc. announced Wednesday it plans to hire more than 1,300 educators for the 2020 through 2021 school year, in light of a massive push to move education online during the pandemic. Across Virginia, schools have been making decisions regarding reopening in the fall, with some already opting for full online […]
Virginia Space launches rocket for first U.S. Space Force mission
The Minotaur IV rocket, carrying a classified payload for the National Reconnaissance Office (NRO), launched its first U.S. Space Force (USSF) mission from the Virginia Commercial Space Flight Authority’s (Virginia Space) Mid-Atlantic Regional Spaceport at NASA’s Wallops Flight Facility in Eastern Virginia, Gov. Ralph Northam announced Wednesday. “The Mid-Atlantic Regional Spaceport continues to serve the […][...]
Perspecta Labs lands $37M defense contract
Chantilly-based federal contractor Perspecta Inc. announced Tuesday that its research arm, Perspecta Labs, has landed a $37 million contract to develop network hardware to speed up complex computing applications for the Defense Advanced Research Projects Agency (DARPA) Perspecta will work on DARPA’s Fast Network Interface Cards program with a goal to accelerate — by 100 […]
Chantilly digital ad agency hires CTO
John Schneider has been hired as chief technology officer at Whereoware, a Chantilly-based digital advertising and marketing agency, the company announced Tuesday. He has more than 20 years’ experience in technology leadership, including at SapientNitro and Rightpoint, and has developed customer experience projects for bra[...]
Roanoke startup KlariVis names CTO
Art Lucia, co-founder of InfernoRed Technology Inc., is joining KlariVis, a data analytics startup based in Roanoke, as its chief technology officer, KlariVis announced Monday. Founded in February 2019 and launched nationally in January, KlariVis has developed a proprietary software platform for banks to analyze data. Lucia serv[...]
Broadband service might expand in Powhatan County
Powhatan County announced Friday an expansion of its broadband partnership with Central Virginia Services Inc. that could provide fiber optic high-speed internet access to 1,559 locations in the western part of the county, if the project receives federal grant funding. CVSI operates Firefly Fiber Broadband, a subsidiary of Central Virginia Electric Cooperative (CVEC), which provides […]
Ashburn firm wins Dept. of Homeland Security award
Ashburn-based tech company Cignal LLC announced Thursday it has won a Phase 1 award from the U.S. Department of Homeland Security’s Science and Technology Directorate to develop technologies for X-ray inspection systems using artificial intelligence models. The award amount from the department’s Silicon Valley Innovation Program was not disclosed. “We are proud to be working […][...]
Reston tech recruiting firm names president
Reston-based Revature LLC announced Thursday that Amit Sevak has been tapped as president of the entry-level tech recruiting company. Sevak was most recently a senior adviser to the company. In his new role, he will work to expand Revature’s network of U.S.-based university partners. He will also serve on the executive committ[...]
Private equity firm acquires Herndon tech company
Herndon-based tech company Exostar LLC announced Tuesday it has been acquired by Chicago-based private equity firm Thoma Bravo LLC. The acquisition was first announced in early June. The transaction amount was not disclosed. Exostar is a cloud-based platform that allows companies to securely share information and operate with security compliance. The platform is used by […]
2020 RAMP cohort chosen
Roanoke-based business accelerator RAMP — the Regional Acceleration and Mentoring Program — announced the selection of six high-growth startups as part of its fourth round of training. The companies are taking part in workshops that test the viability and marketability of their products before they enter a larger market. RAMP is focused on companies in […]
