Despite being one day short for Martin Luther King Jr. Day, last week was still a busy one for D.C. tech companies. From massive hiring sprees to big name partnerships, there was no shortage of news coming out of the DMV tech scene. Read on for the latest news. This is the Built In DC weekly refresh.
IonQ announced a partnership with Hyundai. IonQ will use its trapped-ion quantum computing technology to develop the most advanced battery chemistry model through new VQE algorithms. The partnership will lay a foundation for creating better quality batteries through precise simulation and control of their chemical reactions. [IonQ]
Curbio raised a $65M Series B. Curbio’s technology allows homesellers to upgrade their homes with modern features to attract buyers with payment deferred until closing. The company plans to use the funding to expand into additional markets and advance its technology, including it’s invitation-only job platform for five-star contractors. Curbio will also add Revolution Growth Partner Patrick Conroy to its board as part of the investment deal. [Built In DC]
D.C. Tech Quote of the Week
ScienceLogic is on a hiring spree. Following a 30 percent year-over-year growth in revenue last year, the IT software firm is hiring for over 200 positions. Thirty percent of those positions will be tied to ScienceLogic’s new Downtown Reston headquarters. The company shared with Built In what makes it a place employees don’t want to leave and how it has shifted to a hybrid working model due to the pandemic. [Built In DC]
connectRN announced a new office and 80 new hires in Baltimore. The healthcare workforce management platform recently signed a lease on about 17,000 square feet at 1 E. Pratt St and plans to hire 80 new employees. The company connects nurses and nursing aids with available shifts at hospitals during a time when labor shortages are high. [Washington Business Journal]
Virtru raised a $60M Series C. The cybersecurity firm focuses on zero trust network access (ZTNA). Its product encrypts data as it is moved or shared, and keeps it secure as it moves between systems. The company plans to use its new funding from Iconiq Growth and Foundry Capital to double its workforce this year. [VentureBeat]
Verica raised $12M to scale its continuous verification platform. The company’s platform uses chaos engineering and continuous verification to make systems more reliable by simulating adverse conditions before they arise. This allows companies to be proactive about their security and find weaknesses in their systems before they can be exploited. The new funding lead by Intel Capital brings its total funding to $17 million and will be used to expand its product roadmap, build out enterprise-class features, hire new talent and scale its go-to-market activities. [Business Wire]
