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Broadband Startup Isotropic Systems Gets $42m Injection from Aerospace Heavyweights
British broadband terminal startup Isotropic has won a $42 million funding round, which it says brings the firm closer to its first commercial product rollout. The round, led by satell.....»»
Florida firm lands investment to fund tourist space balloon flight
A local company’s plan to fly passengers to space on a balloon are on track to get up, up and away. Space Perspective Inc. has closed a $7 million seed investment round to fund early flights of its Spaceship Neptune, a space balloon capab.....»»
Prosecutors: Malden device firm made $100M through surgeon kickbacks
The Department of Justice is suing a Malden spinal implant company for allegedly incentivizing surgeons to use its products through kickback payments, leading to more than $100 million in product sales. The U.S. Attorney's office alleges that SpineF.....»»
Palantir lands $80 million sole-source contract with U.S. Navy
The Silicon Valley-based big-data analytics firm has finalized multiple deals with Defense Department agencies over the past year......»»
Local software firm lands $75M Chicago deal as it scales up
Central Florida public safety software firm CentralSquare Technologies LLC has inked a $74.9 million deal designed to make the city of Chicago safer. The agreement will provide the Chicago Office of Emergency Management and Communications with computer-.....»»
Center City behavioral health startup lands $7.5M in Series A round
Center City startup NeuroFlow raised a $7.5 million Series A round from a mix of local and West Coast, as the company aims to expand both its team and its behavioral health platform. The funding, led by San Francisco-based firm VC Builders, brings N.....»»
Beavercreek defense contractor wins $39M Air Force deal, plans 10 new hires
A Beavercreek defense contractor has been awarded a nearly $39 million Air Force deal, resulting in new jobs and continued growth for the local firm. Defense Engineering Corp., a provider of engineering and product development services, recently.....»»
Region"s largest private equity firm raises $278M for new fund
Alternative asset manager Hamilton Lane said it has raised more $278 million for its Private Equity Fund X. The Bala Cynwyd-based firm described its new product as a global and diversified private equity multi-strategy fund. Primarily targeting sma.....»»
Beavercreek firm lands $59M cyber defense contract
The woman-owned small business is one of the 50 largest companies in the Dayton region......»»
Nextdoor lands massive funding and high-profile board member
Nextdoor increased its most recent funding round to $170 million and snagged a high-profile new board member in venture capitalist and former Internet analyst Mary Meeker, whose venture firm Bond helped close the round. The San Francisco-based hyperl.....»»
Unisys lands $25M contract with state of Georgia
Blue Bell-based tech firm Unisys Corp. is expanding its work with the state of Georgia, announcing it has secured a contract worth up to $25 million. Unisys (NYSE: UIS) was selected to implement a single sign-on process for 47,000 users across 14 st.....»»
New Air Force contract caps $60M week for Beavercreek firm
It's been a lucrative week for Beavercreek defense contractor Frontier Technology Inc. On July 16, the tech firm secured a $13.2 million project from the U.S. Navy to provide enterprise product life cycle management integrated decision environme.....»»
DataTribe to host second cyber competition, award up to $2M in funding
Startup studio and investment operation DataTribe is reviving a funding competition aimed at identifying young cybersecurity companies with significant growth potential that are worthy of up to $2 million in funding. Cyber startups from across th.....»»
Cyber startup Prevailion raises $10 million Series A
A cybersecurity startup with a presence in Maryland and Texas has raised $10 million in Series A funding, to grow hiring and sales efforts. Prevailion, Series A round was led by industry-focused investment firm AllegisCyber. Fulton-based cyber start.....»»
Cincinnati startup lands $7M in financing to develop single flu vaccine
Blue Water Vaccines, a Greater Cincinnati startup, has received $7 million in financing to commercialize a single vaccine that could offer protection against all types of flu. The seed round was led by CincyTech, the Uptown venture capital enterpr.....»»
Arcadia raises less-than-expected $6.9 million with private offering
Arcadia Biosciences Inc. raised $6.9 million in a private placement of stock, after fees and expenses, to invest in hemp research and commercialize its low-gluten and high-fiber GoodWheat product. The Davis-based agricultural technology company's sa.....»»
Blockchain startup Ripple buys $30 million stake in MoneyGram
Blockchain firm Ripple has bought $30 million worth of shares and warrants in MoneyGram International Inc, the two companies said on Monday, as they partner to use Ripple's product for cross-border payment and foreign exchange settlement......»»
KeyW being acquired for $815 million
KeyW Holding Corp. has agreed to a deal to be bought out for $815 million by Jacobs Engineering Group Inc. Jacobs will pay $11.25 per share in cash for the the Hanover cyber security firm. The offer represents a 43 percent premium to KeyW’s closing s.....»»
Greater Cincinnati firm lands $60M military contract
A Greater Cincinnati manufacturer has signed its second major deal of 2019 with the U.S. Army. Fairfield-based O’Gara-Hess & Eisenhardt Armoring Co. has been awarded a five-year, $60.7 million contract to manufacture armor kits for the U.S. Army.....»»
Johns Hopkins medical device spinoff raises $1.5 million
An Annapolis firm focused on building medical devices to monitor heart disease has raised $1.5 million to support clinical trials, as it works to bring its first product to market. Vixiar Medical Inc., a spinout of Johns Hopkins, is developing non-.....»»