Morning Consult’s New Office, Shift5 Raised $50M, and More D.C. Tech News

Catch up on the latest news from the D.C. tech scene.

Written by Charli Renken
Published on Feb. 14, 2022
Morning Consult’s New Office, Shift5 Raised $50M, and More D.C. Tech News
dc weekly refresh
Morning Consult's new kitchens with countertop seating. | Photo: Morning Consult

Last week was a busy one for D.C. tech companies. Two different companies opened new offices to reflect industry shifts in working models and user activity. also rolled out alternatives to facial recognition technology when verifying user identity for government services. Here’s what you missed last week in the D.C. tech scene. This is the Built In DC weekly refresh. 

Morning Consult opened a new office. The data intelligence company’s D.C. headquarters is now housed in Penn Quarter and designed with hybrid work in mind. The company’s 500+ employees now have the freedom to choose whether to work from home or come into the office with state of the art features and amenities. [Built In DC]

Shift5 raised $50M. The Arlington-based operational technology (OT) cybersecurity company announced its Series B funding round led by Insight Partners last Tuesday. Shift5 plans to use its new funds to accelerate its product development and hire new talent across departments. [Built In DC]

D.C. Tech Quote of the Week

“Our record growth and award-winning culture is a testament to our best-in-class talent. The future of work is here and we’re committed to supporting our team members’ choice of where and how to work.” — Morning Consult co-founder and CEO Michael Ramlet

TaxBit opened a new D.C. office. The company helps taxpayers with digital assets manage their portfolios, trade, and file taxes. Its new D.C. office represents TaxBit’s investment into accelerating mainstream crypto adoption. Government sales, policy, and compliance experts also joined the team to help the company with this pursuit. [Built In DC] announced selfie deletion and alternative identify verification. Previously, the IRS would have made it mandatory for taxpayers to use facial recognition software to verify their identity. After facing a backlash, the IRS halted its controversial plan and a day later, announced it would offer an alternative for identity verification for government services. Users will also be able to delete their selfies from the platform starting March 1. [PR Newswire]

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