As the year winds down, D.C. tech companies are working hard to close their last funding rounds, acquisitions and partnerships. Last week there were a number of new announcements, including a new office opening and several hiring initiatives. Here’s what you may have missed last week. This is the Built In DC weekly refresh.
Unisys acquired Herndon-based CompuGain for $87.3M. The acquisition is expected to expand the Pennsylvania IT solutions company’s already robust cloud offerings. CompuGain, which offers cloud solutions to enterprise customers, will also help Unisys grow its offerings in the financial services industry. [Built In DC]
Sandboxx raised $8M. The military platform helps service members connect with loved ones back home, read career content and find lifestyle utilities. The company’s main product, Sandboxx Letters, digitizes physical letters sent back home during basic training. Sandboxx plans to use the new funding to further grow its platform to support service members beyond basic training. [FinSMEs]
D.C. Tech Quote of the Week
Qualtrics announced plans to open a new office in Reston. The experience management company’s new 85,000-square-foot office in Reston Station is set to open in Q3 of 2022 and will by create over 400 new tech jobs in the D.C. metro area. Currently, the company is hiring across departments including sales, engineering, customer success and marketing. Qualtrics hopes to more than double its D.C. workforce within the next five years. [Built In DC]
GlobalWonks rebranded and raised $5.5M. The AI-empowered insight platform, now called Enquire AI, connects companies with subject matter experts all over the world. The company’s core product, Network Pulse, helps companies make timely decisions by leveraging rapid, curated insights. The new funding will be used for hiring, marketing efforts and rolling out new API partnerships. [Built In DC]
Rosetta Stone extended its partnership with HIAS. The language learning software donated 500 subscriptions to help newly resettled refugees learn the local language of their new homes. HIAS, which helps asylum seekers and refugees find safe places to live, first partnered with Rosetta Stone in 2019 and continued the partnership into 2021. Through the partnership, HIAS and its clients have access to 25 language lessons. [PRNewswire]