Alexandria venture capital firm secures $350M in funding
Alexandria-based boutique venture capital firm QED Investors secured $350 million in funding for fintech companies in North America, South America and the United Kingdom, the company announced Wednesday, making it the sixth round of funding in the firm’s 12-year history. QED was co-founded in 2007 by Frank Rotman and Capital One Financial Corp. co-founder Nigel […]
Amazon signs lease on PBS HQ space in Arlington
Amazon.com Inc. has signed a lease with its HQ2 landlord and developer JBG Smith Properties for a 272,000-square-feet building in Arlington that has served as the headquarters for the Public Broadcasting Service (PBS) since 2006. The e-commerce giant expects to move into the space at 2100 Crystal Drive by the end of 2020. PBS will […]
Booz Allen Hamilton awarded $147.4M NIH contract
McLean-based information technology consulting firm Booz Allen Hamilton has been awarded a $147.4 million contract to provide technical support for the National Institutes of Health’s National Institute of Allergy and Infectious Diseases (NIAID). Under the five-year contract, Booz Allen will work with NIAID’s Office of Computer Infrastructure and Computational Biology to develop and maintain clinical […][...]
Alarm.com launches apprenticeship program
In cooperation with Northern Virginia Community College, Tysons-based Alarm.com launched an apprenticeship program Friday aimed at producing workers with in-demand tech skills. Supported by the state’s GO Virginia economic development initiative, 10 initial apprentices, including three from the military community, will partici[...]
Dominion, PGEC sign deal to bring broadband to Surry County
Dominion Energy Virginia and Prince George Electric Cooperative (PGEC) signed a memorandum of understanding that would bring high-speed internet to about 7,000 households in Surry County, Dominion announced Friday. This is the first time a utility and a cooperative have partnered to expand broadband access in Virginia, according to Dominion’s news release. The agreement would […]
SAIC exec joins Intelligence and National Security Alliance board
Arlington-based nonprofit Intelligence and National Security Alliance (INSA) named Michael LaRouche, an executive with Reston-based Science Applications International Corp. (SAIC), to its board of directors, INSA announced Thursday. INSA is a nonpartisan and nonprofit trade association that creates a public-private partnership for intelligence and national security issues. It has more than 160 corporate members and […][...]
Booz Allen Hamilton lands $113M SEC cyber defense contract
The Securities and Exchange Commission (SEC) awarded McLean-based Booz Allen Hamilton Inc. a $113 million, 10-year contract for cyber defense operations support, the company announced Thursday. The contract was awarded on Dec. 12, 2019, but announced Thursday. “Our team will provide the SEC with leading-edge, threat-centric, proactive cyber defense with the ability to detect and […]
Falls Church federal contractor NetImpact Strategies names COO
Falls Church-based federal contractor NetImpact Strategies Inc. promoted Stephanie Wilson to the company’s newly created role of chief operating officer. Most recently, Wilson served as chief strategy officer for the company and focused on business development. She has almost 30 years of experience and has also worked for Anthem’s National Government Services federal platform and […][...]
Arlington machine learning developer receives $63M investment
Arlington- and Boston-based machine learning developer Carbon Relay received a $63 million investment from New York City-based venture capital and private equity firm Insight Partners, the companies announced Wednesday. Carbon Relay will use the investment to grow its Red Sky Ops platform for optimizing application performance in Kubernetes environments. Kubernetes — originally developed by Google […][...]
Amazon to open fulfillment center in Prince George County
Seattle-based Amazon.com Inc. — which is building its $2.5 billion HQ2 East Coast headquarters in Arlington — will open a fulfillment center for its AmazonBasics line in Prince George County by the end of the year, creating 150 jobs, Gov. Ralph Northam announced Wednesday. The fulfillment center will open in the former 798[...]
UiPath donates $16.4M in software licenses to GMU business school
New York City-based software developer UiPath has donated $16.4 million in software licenses to George Mason University’s School of Business for students to learn robotic process automation (RPA) technologies, the university announced Wednesday. RPA configures computer software for users to integrate human interaction actions in digital systems for business processes. With RPA, robots can capture […][...]
Virginia Values Veterans program certifies 1,000th employer
Reston-based computer software company Carahsoft Technology is the 1,000th employer to earn certification from the state government’s Virginia Values Veterans (V3) program, Gov. Ralph Northam announced Tuesday. Administered by the Department of Veterans Services, the V3 program is designed to connect Virginia veterans to t[...]