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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.....»»

Category: topSource: redherringFeb 8th, 2021

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.....»»

Category: topSource: bizjournalsJan 28th, 2021

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.....»»

Category: topSource: bizjournalsMar 6th, 2020

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......»»

Category: worldSource: nytMar 5th, 2020

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-.....»»

Category: topSource: bizjournalsFeb 12th, 2020

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.....»»

Category: topSource: bizjournalsDec 16th, 2019

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.....»»

Category: topSource: bizjournalsOct 29th, 2019

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.....»»

Category: topSource: bizjournalsOct 7th, 2019

Beavercreek firm lands $59M cyber defense contract

The woman-owned small business is one of the 50 largest companies in the Dayton region......»»

Category: topSource: bizjournalsSep 11th, 2019

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.....»»

Category: topSource: bizjournalsSep 10th, 2019

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.....»»

Category: topSource: bizjournalsAug 27th, 2019

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.....»»

Category: topSource: bizjournalsJul 23rd, 2019

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.....»»

Category: topSource: bizjournalsJul 23rd, 2019

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.....»»

Category: topSource: bizjournalsJul 9th, 2019

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.....»»

Category: topSource: bizjournalsJul 9th, 2019

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.....»»

Category: topSource: bizjournalsJun 18th, 2019

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......»»

Category: topSource: reutersJun 17th, 2019

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.....»»

Category: topSource: bizjournalsApr 22nd, 2019

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.....»»

Category: topSource: bizjournalsApr 5th, 2019

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-.....»»

Category: topSource: bizjournalsMar 21st, 2019