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Reston telemed company announces leadership changes
Reston-based telemedicine technology provider SOC Telemed on Monday announced executive leadership appointments and promotions, effective Jan. 4. Hai Tran, who currently serves as chief financial officer and chief operating officer, has been promoted to serve as president and COO. Chris Knibb will join the company as its new CFO. With more than 20 years of […]
MicroStrategy raises $650M to be invested in bitcoin
Tysons-based business software company MicroStrategy Inc. announced Friday it closed a convertible debt offering by raising $650 million, which it plans to use to increase its bitcoin holdings. MicroStrategy estimates the net proceeds from the notes sale will be approximately $634.9 million, which it will invest in bitcoin, according to a company statement. The initial […]
eHealth Technologies creating 160 jobs in Scott County
eHealth Technologies Inc., a provider of medical record and image retrieval and clinical intelligence services, is investing $375,000 to establish a customer support center in Scott County that will create 160 jobs, Virginia Gov. Ralph Northam announced Thursday. Based in Rochester, New York, eHealth Technologies is a wholly owned subsidiary of Fairfax County-based private equity […]
Can Southwest Virginia win the data center game?
Like many other parts of the commonwealth, Southwest Virginia is making a play to attract data centers, offering cheap land, available workers and a natural cooling system. Data centers aren’t huge employers but do offer high wages and significant tax revenue — which other regions in Virginia have taken full advantage of, p[...]
December 2020 People
Eastern Virginia Stephen Edwards, a Los Angeles-based CEO with more than two decades of maritime industry experience, will be the Virginia Port Authority’s new CEO and executive director. A U.K. native, Edwards is currently president and CEO of TraPac LLC, which operates container terminals in the ports of Los Angeles and Oakland, California. He replaces John […]
Va. Tech ups connectivity with broadband block buy
In an effort to literally expand Virginia Tech’s research bandwidth, the Virginia Tech Foundation bought eight blocks of Citizens Broadband Radio Service (CBRS) in the Federal Communications Commission’s auction this summer. As owner of priority access licenses (PALs) for four 10MHz blocks in Montgomery County and four block[...]
New community bank set to open in Va. Beach
For all Mike Ives’ experience in banking, he was perplexed by a word that potential investors and clients kept mentioning during a feasibility study for the bank he wanted to form: “menu.” “I’d not heard the word ‘menu’ used before regarding banking,” says Ives, explaining that some larger banks give their client[...]
After 30 years, The Free Clinic will shut its doors
Harrisonburg’s The Free Clinic will go out of business at the end of December after providing medical care to low-income, uninsured adults for more than 30 years. “We’ve taken care of patients. We’ve made our community a healthier place, and we’re happy about that,” says Joshua Hale, president of the clinic’s board[...]
Amherst aims to redevelop training center campus
Amherst County regional stakeholders are drafting a plan to improve the campus of the former Central Virginia Training Center to attract potential developers. The state-owned facility, which housed Virginians with disabilities for more than a century, shut down this year in accordance with a 2012 agreement between the state and [...]
Pandemic puts Martinsville Speedway on slower track
Over Halloween weekend, Martinsville Speedway welcomed fans back to NASCAR Cup Series races for the first time since the pandemic began. However, occupancy was limited to 1,000 people for a race series that normally attracts more than 40,000 fans. And for some area businesses that depend on race fan dollars, the limited-attendan[...]
Fairfax indoor ski resort plan may spur economic flurry
Vail. Breckenridge. Aspen. Fairfax? You read that right. Skiers — someday — could swoosh over fresh powder at an indoor ski resort if everything falls into place for a proposed public-private partnership project on portions of the I-95 Landfill Complex in Lorton. Fairfax Peak, as the project is known, would feature a 450,000[...]
Catholic Diocese of Arlington announces new virtual school principal
The Catholic Diocese of Arlington’s Office of Catholic Schools announced Monday that Kristie Meyers has been hired as the principal of St. Isidore of Seville Catholic Virtual School, a new virtual K-8 school that opened this fall. She will start her position on Jan. 4. With more than 20 years of educational experience, Meyer[...]
