ITC Federal, a provider of IT offerings focused on national security, has secured $25 million in new venture capital investment from Blue Delta Capital Partners.
According to a press release Blue Delta shared with ExecutiveBiz on Wednesday, the investment provides the resources needed to drive innovation for ITC Federal’s national security and law enforcement customers and enhance its ability to pursue strategic tuck-in acquisitions.
ITC Federal offers full lifecycle enterprise IT, cloud infrastructure, DevSecOps, federal financial system and mission support services.
Blue Delta said the new capital will expand ITC’s services and product delivery capabilities to help position the company as a reliable partner for critical IT services missions.
“We are delighted to secure this venture capital investment from Blue Delta as we embark on the next chapter in ITC Federal’s growth,” said Greg Fitzgerald, CEO of ITC Federal.
“Blue Delta’s deep and proven expertise in the federal government market and their successful track record with companies like ours makes them an ideal partner for our team,” he added.