Business Facilities didn’t let the COVID-19 crisis skew the results in our 16th annual rankings report: They remain the most credible and comprehensive location leaderboards. Virginia was ranked #1 for Cybersecurity, Unmanned Aerial Systems, and Digital Infrastructure; #2 for Business Climate; and #3 for Workforce Development and Offshore Wind... The broadband network that connects Stafford County schools will soon be used to bring high-speed internet to about 130 private homes in the Hartwood area as part of a new program slated to begin next month. Autodesk buys Herndon software startup7/24/2020
Fortune 1000 California software company to acquire Pype PUBLISHED JULY 23, 2020BY SYDNEY LAKE Since 2017, Autodesk has acquired Assemble, BuildingConnected and PlanGrid — totaling more than $1.1 billion. Pype has been backed by Blackhorn Ventures, Pritzker Group Venture Capital, Scott Garber and the Dingman Center for Entrepreneurship. It has also received funding from the Herndon-based Center for Innovative Technology’s CIT GAP Funds, which are seed-stage investments in Virginia-based technology companies. Startup Spotlight: RoundlyX, which enables investments in digital assets, plans growth with CIT investment | “You don’t need to be a cryptocurrency expert to invest responsibly, and dollar cost averaging is a proven, responsible strategy to build a digital asset portfolio,” said Alex Euler, investment director at CIT GAP Funds. “RoundlyX has an experienced, innovative leadership team with a strong vision to build a global, full spectrum digital asset financial services platform.” Elliott said the investment by CIT, which supports early stage companies in Virginia, shows there is a future in digital assets. |
CIT Press 2020-2021
January 2021
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