Growth Archives - Technical.ly DC

Growth

DC’s annual RAMMY Awards for restaurants is adding a tech category

Jul. 29, 2021 10:41 am

DC’s annual RAMMY Awards for restaurants is adding a tech category

This year, the public can vote on a "Tech Trailblazers" category from the Restaurant Association of Metropolitan Washington's annual RAMMY awards. Check out the nominees.
Class Technologies is eyeing unicorn status with a $105M, SoftBank-backed Series B

Jul. 28, 2021 4:57 pm

Class Technologies is eyeing unicorn status with a $105M, SoftBank-backed Series B

It's the second round the D.C. company has raised since the spring, bringing the overall tally to $160 million raised since its launch last year. CEO Michael Chasen said the edtech company is looking to expand internationally.
Money Moves: Arlington-based Interos is now a unicorn

Jul. 27, 2021 1:04 pm

Money Moves: Arlington-based Interos is now a unicorn

Plus, TEDCO announced grants for 45 Maryland businesses, and a SPAC from Revolution's Steve Case completed its first merger.
With a $30M raise, DC’s DNSFilter is hiring and building out its cybersecurity product arm

Jul. 26, 2021 9:22 am

With a $30M raise, DC’s DNSFilter is hiring and building out its cybersecurity product arm

The DNS content-filtering company sought a raise to continue the rapid growth it's seen over the past year. A largely remote org with local roots, it will be adding 80 positions by the end of 2021.
With an $800M Dragoneer merger, Cvent is going public (again)

Jul. 23, 2021 1:43 pm

With an $800M Dragoneer merger, Cvent is going public (again)

In the SPAC deal, the Tysons Corner company will once again be traded publicly. Cvent made its initial IPO in 2013, raising $135 million.
Customers can skip the line at the new Amazon Fresh in Logan Circle. Here’s how it works

Jul. 22, 2021 4:18 pm

Customers can skip the line at the new Amazon Fresh in Logan Circle. Here’s how it works

Amazon just opened its second tech-heavy grocery store in the DC region Thursday. It's tricked out with Just Walk Out tech that lets you—well, you get it.
Money Moves: EVERFI’s higher ed business was acquired by Vector Solutions for $100M

Jul. 21, 2021 5:03 pm

Money Moves: EVERFI’s higher ed business was acquired by Vector Solutions for $100M

Plus, Galata Acquisition raised $125M in its IPO and Anzu Partners launched a $130M investment fund — its third since 2017.
M&A Moves: Bethesda’s BoxBoat Technologies plans growth following acquisition by IBM

Jul. 19, 2021 8:47 am

M&A Moves: Bethesda’s BoxBoat Technologies plans growth following acquisition by IBM

Plus, Intrepid Solutions and Services acquired Virginia intelligence services firm Darkblade, and ID Technologies adds Attila Security.
Market move: Leesburg-based Quantum Computing, Inc. is now traded on the Nasdaq

Jul. 16, 2021 2:25 pm

Market move: Leesburg-based Quantum Computing, Inc. is now traded on the Nasdaq

The company went from trading on the OTCQB to the Nasdaq Capital Market on Thursday. "There is no question that there is a significant public market opportunity for quantum computing," said CEO Robert Liscouski.
A $100M raise will help MPower Financing raise its international profile

Jul. 16, 2021 9:46 am

A $100M raise will help MPower Financing raise its international profile

After doubling its team in 2021, the D.C. fintech company completed its second raise this year to grow its international team and presence in the market. The pandemic, CEO Manu Smadja said, offered a "proof point" for the company's lending model.

Sign-up for daily news updates from Technical.ly Dc