As 2018 is beginning to wind down and we’re all ramping up for 2019, we wanted to take a look back at everything that’s happened for Dcode companies this year. When we take stock of all the deals we’ve been a part of, it turns out there have been over 40 implementations of our emerging technologies in government. Our alumni have collectively landed over $56M in government contracts. We also saw multiple companies exit and many more raise follow on capital.
Let’s recap the most notable announcements and deals of 2018 for our alumni:
In June, Carahsoft Technology Corporation announced that they had been awarded an enterprise-wide blanket purchasing agreement with DoD. Under the agreement, Carahsoft and its reseller partners will distribute software and services from Expanse, formerly known as Qadium.
In August, DHS S&T announced they had awarded DataRobot $200,000 to begin testing a prototype of a machine learning platform for the U.S. Customs and Border Protection’s Global Travel Assessment System.
In October, DHS announced a $1.1M contract award to Haas Alert, to help responding EMR vehicles warn approaching drivers leveraging HAAS Alert’s IoT device and software platform..
In June, it was announced that Uptake Technologies had just finalized a $1M contract with the US Army to test applying their AI to Army fleets. The goal? Predictive maintenance to drive savings within the M1 Abrams Tank program.
Early in 2018, Virtru’s software was purchased by the US Department of Veterans Affairs and has now been rolled out nationwide to support the protection of veteran’s personal information when communicating with the agency.
CircleCI had an incredible year, and the young company has now raised $59M in funding.
In October, Fugue announced a strategic partnership and development agreement with In-Q-Tel (IQT). Fugue is the leader in cloud security and compliance automation, automating security and compliance for cloud infrastructure.
In June, it was announced that Everlaw has raised $25M in a Series B from Silicon Valley investors.
In October, OmniSci — formerly MapD — announced an investment of $55M in a Series C, bringing their total funding to $92M.
In August, Domino Data Lab announced a $40M investment, bringing their total funding over $81M.
It’s no secret that emerging tech is taking off, and this list makes it clear that the federal government is snatching up as much of it as they can. We are endlessly proud of the accomplishments of these companies and we will never get tired of boasting about their accomplishments.
If you feel like your company’s tech belongs on a list like this, get in touch with us today to learn about the upcoming 2019 accelerator programs!