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CEO, OCTO, RESTON
CEO, OCTO, RESTON
Virginia Business// August 29, 2024//
Reston-based federal contractor Octo was founded in 2006 by Virginia Tech alum Sanghani, who remains its CEO after IBM purchased Octo in 2022 from Arlington Capital Partners for an undisclosed sum. Octo is now part of IBM Consulting’s U.S. public and federal market arm, employing about 1,500 workers.
Sanghani was born in India and raised in Blacksburg, where his family operated a Red Carpet Inn. He graduated from Virginia Tech’s College of Engineering in 1998 and worked in Silicon Valley before returning to Virginia to start Octo.
In 2020, Sanghani and wife, Hema — also a Virginia Tech grad — donated $10 million to the university. Part of that funding supports the Sanghani Center for Artificial Intelligence and Data Analytics in Virginia Tech’s Innovation Campus in Alexandria; it also funds scholarships for minority students studying AI. In May 2022, Octo opened oLabs, a $10 million research and development lab focused on AI and other tools to assist its federal customers.
Sanghani serves on Virginia Tech’s Pamplin College of Business advisory council and delivered Tech’s commencement address in May.
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