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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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A round of Series B funding led by investment firm GGV Capital has brought in $30M for Coder, an open source tools provider that aims to help software developers accelerate workflow through cloud-based development environments. In-Q-Tel, the intelligence community's venture capital arm, participated in the financing round along with Redpoint Ventures and Uncork Capital.

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Data security firm Enveil has raised $10M in a round of Series A financing led by C5 Capital and supported by several investors including Capital One Ventures, Mastercard, 1843 Capital and Bloomberg Beta. Enveil said Tuesday it will use the investment to expand its ZeroReveal product line, build up its global sales team and client support functions and broaden its presence in government and commercial markets.

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Industry experts said space startups are engaging more with the U.S. government as they see it as a client and as an investor, SpaceNews reported Thursday. “We saw many firms overtly or less overtly turn towards government as a potential customer," Carissa Christensen, CEO of analyst firm Bryce Space & Technology, said Tuesday at a Washington Space Business Roundtable event.

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