Shift5 Raised $20M, Pivotal Analytics Brought In $10.2M, and More D.C. Tech News

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

Written by Charli Renken
Published on Oct. 18, 2021
Shift5 Raised $20M, Pivotal Analytics Brought In $10.2M, and More D.C. Tech News
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The Washington, D.C. metro had a wave of funding news last week with multiple startups announcing their latest rounds on the same day. In case you missed it, here’s what happened in the D.C. tech sphere last week. This is the (first) Built In DC weekly refresh.

Shift5 brought in $20M in Series A funding. The operational technology cybersecurity company uses hardware and software solutions to continuously monitor commercial and military vehicle databuses to detect and prevent cyberattacks. With the rate of cyberattacks and ransomware use on the rise, Shift5 said it is a “national imperative” to invest in cybersecurity solutions. The company plans to use its latest funding to bring on new talent, advance the company’s platform and expand its clientele. [Built In DC]

Cloudtamer.io received $9.5M. The multi-cloud governance and management product helps organizations simplify their cloud environments by bringing together multiple accounts into one place. It also empowers team leads to better manage budgets and prevent noncompliance. Following its Series A, cloudtamer.io hopes to hire more engineers, fuel company growth and develop new capabilities for its product. [Built In DC]

D.C. Tech Quote of the Week

“Pivotal integrates specialized healthcare and real estate data in unique ways to deliver strategic insights and a better perspective for healthcare opportunities. It’s extremely validating to have industry leaders recognize the value of our platform, and we are thrilled to benefit from their advice and experience as we help our customers make better real estate and operational decisions.” — Carl Davis, Pivotal Analytics CEO and co-founder

Pivotal Analytics raised $10.2M. With almost 30 million Americans lacking access to trauma care, it is crucial for healthcare planners to strategically determine where to build new facilities. Pivotal is a map-based analytics platform that allows healthcare leaders and planners to do just that by helping them identify “healthcare deserts” to divert resources. With its Series A funding, the company hopes to grow its product’s library of features, enhance the user experience and hire new developers and engineers. [Built In DC]

Acendre acquired Vacancy Filler. Acendre, a talent management software, hopes the acquisition will add advanced workflows, automated onboarding, video interviewing and resume parsing to its list of cutting-edge features. Vacancy Filler is an applicant tracking and onboarding software provider. [Acendre]

Three DMV startups join 2Gether-International’s first tech-focused cohort for disabled founders. The 10-week accelerator program kicked off earlier this month, coaching participants on best practices for customer development, product marketing and leadership. Participants are also gaining access to mentors from Google for Startups. Out of over 200 applicants, only 16 were given spots, three of which came from D.C.: Hua Wang of SmartBridge, Samantha Scott of JuneBrain, and Elizabeth Tikoyan of Healp. [Technical.ly DC]

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