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Boston tech company to acquire Arlington-based DivvyCloud for $145M
Boston-based tech company Rapid7 announced Tuesday that it’s acquiring Arlington County-based cloud security and governance tech firm DivvyCloud for $145 million. The acquisition, which will be made via a combination of cash and stock, is expected to close before June. “Joining forces with Rapid7 is a natural next step,�[...]
Perspecta Labs wins $14.5M Army contract
Chantilly-based government contractor Perspecta Inc. announced Wednesday that its research arm, Perspecta Labs, has landed a $14.5 million U.S. Army contract to use machine learning to develop a suite of capabilities for the Army to protect against cyberattacks. The project was awarded by the Army’s Combat Capabilities Develop[...]
Axios receives $5M in PPP funding
Arlington-based digital media company Axios Media Inc. announced Wednesday it received nearly $5 million in funding from the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), the $349 federal relief fund that ran out of funding on April 16 after 13 days due to overwhelming demand from small businesses [...]
Facebook opens applications for Va. small business grants Wednesday
Facebook Inc. announced Tuesday that it will begin taking applications for its small business grant program in Virginia on Wednesday, April 22. The social media giant opened the program to more than 30,000 businesses in more than 30 countries, including the United States, totaling $100 million. Thirty-one businesses in the Richmond region will receive a […]
Fairfax software company names new COO
Fairfax County-based computer software company 3Pillar Global announced Thursday it had promoted former chief revenue officer Heather Combs to chief operating officer. In her new role, Combs will work on company growth strategies and will continue to oversee development and operations of 3Pillar’s services including marketin[...]
Amazon.com Inc. hires 3.3k+ Virginians, more to come
Amazon.com Inc. has hired more than 3,300 employees in Virginia to meet the increased demand for home deliveries during the coronavirus crisis, the e-commerce giant announced Thursday. The hirings are part of Amazon’s initiative to create more than 100,000 full- and part-time jobs in the U.S. in response to the COVID-19 pandemic. It’s also more […]
Managing during crisis
Virginia Business virtually sat down with Craig Halliday, CEO of Dulles-based software company Unanet, which provides project management software, timesheet software, expense reporting software and other human resources software to federal government contractors, architects and engineers. This is part of an ongoing series of con[...]
DuPont Spruance plant worker dies from coronavirus
An employee of the DuPont Spruance plant in Chesterfield County has died from COVID-19, the company announced Thursday. Earlier this week, the company confirmed that five plant employees, including the employee who died, had tested positive for COVID-19. The plant has employees working around the clock to produce material used to make personal protective equipment, […]
The ‘stress test’ for data centers
The internet hasn’t blown up — yet. But the primary data center hub of the world — Loudoun County — where more than 70% of all internet traffic passes through the county’s Ashburn area, has seen a 50% spike in daytime broadband consumption since the coronavirus crisis began, says Buddy Rizer, Loudoun County’s e[...]
Va. Beach-based DroneUp acquires AeroVista Innovations
Virginia Beach-based end-to-end drone pilot service company DroneUp LLC announced Thursday it has acquired Glenview, Illinois-based AeroVista Innovations LLC (AVI). The merged company will rebrand as The DroneUp Training Academy. DroneUp acquired AVI’s assets, employees and customer contracts. Financial terms of the transa[...]
Reston-based IT company names new CFO
Reston-based information technology company Contegix announced Thursday that it has named Mike Dunn as its new chief financial officer. Dunn was most recently the CFO of systems integrator and managed hosting provider NeoSystems LLC. He has also previously been CFO of Siteworx and Recovery Point Systems. In his new role, he will[...]
Booz Allen Hamilton pledges job security for employees through July 1
McLean-based global IT consulting firm Booz Allen Hamilton has pledged to keep its 27,000 workers employed at least through July 1 during the COVID-19 crisis, and has also pledged funding to support employees dealing with health care and child care issues. The company announced Thursday it will redirect $100 million to a “pandemic resilience program” […]
