Startups
CIT Gap Funds / Startups

ThreatQuotient raises $1.5M [Startup Roundup]

Plus: Contactually CEO Zvi Band explains why mixed team seating didn't work out for his company.

Erik Mitisek

WHO’S MAKING MOVES?

Arlington-based Evolent Health, a company that consults with health systems, filed for a $100 million IPO.
Power Supply, a D.C.-based company that delivers healthy meals, has acquired California-based eliteEATS and D.C.-based Healthy Bites, Tech Cocktail reports.

WHO’S GETTING FUNDED?

Vienna, Va.-based cybersecurity company ThreatQuotient raised another $1.5 million, according to an SEC filing. This follows a $500,000 investment round in February.
DroneShield, a company that is developing drone detection technology for privacy protection, raised $150,000, according to an SEC filing.
Fairfax-based e-Kare is getting (an undisclosed amount of) love from the Center for Innovative Technology’s GAP fund. e-Kare is a sensor technology and app for monitoring chronic wounds.

WHO’S GETTING BUZZ?

Potentially your startup. Applications for the Mid-Atlantic Venture Association’s TechBuzz conference, a half-day conference where rapid-fire presentations meet rapid-fire evaluations from angel investors and VCs, are now being accepted.
Apply by May 17
Contactually CEO Zvi Band confessed that mixed team seating wasn’t the company’s cup of tea. In a blog post, he described how the experiment failed, and why he decided to let his teams sit together again.

Companies: Virginia Innovation Partnership Corporation / Evolent Health / ThreatQuotient / DroneShield / Mid-Atlantic Venture Association / Contactually
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