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POTOMAC TECH WIRE -- June 26, 2017
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Inbox Summit East - D.C. - Sept. 29 (Super Early-Bird Rate Available)
http://www.inboxsummiteast.com

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McLean-Based GTT to Acquire Global Capacity in $160 Million Deal
o Vitreon America Relocates HQ to Baltimore, Expects to Create 200 Jobs
o McLean-Based Spore 3 Invests Six Figures in iRestore
o Former Baltimore Ravens Star Ed Reed Invests in Hologram Emoji Startup
o Anthem Could Pay $115 Million in Largest-Ever Data Breach Settlement
> Inbox Summit East - D.C. - Sept. 29
o Briefly Noted:
CSRA, SBG Technology Solutions
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Job Postings:
Senior Ruby Platform Engineer, Mountain View CA

Event Postings:
Mid-Atlantic Marketing Summit - Baltimore - Sept 15, Inbox Summit East - Sept. 29 - DC


Services: Does your startup or small business need outsourced HR support?

To Post a Job, Event or Services Ad, go to http://www.potomactechwire.com
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o McLean-Based GTT to Acquire Global Capacity in $160 Million Deal

McLean, Va. -- In its second major acquisition in a week, McLean-based GTT Communications, a provider of cloud networking services to multinational clients, said on Monday it will pay approximately $160.2 million to acquire Massachusetts-based Global Capacity, developer of a network connectivity platform. The deal, expected to close by the end of September, includes $100 million in cash and 1.85 million shares of GTT stock. GTT said the move will bolster its client base -- adding customers in the healthcare, application service provider, retail and carrier markets -- as well as expand its network reach and give it complementary recurring revenue streams. Rick Calder, GTT's president and CEO, said the combined company expects to exceed $1 billion in annual revenue. "The acquisition of Global Capacity accelerates GTT’s growth strategy and underscores our commitment to connecting people across organizations and around the world," said Calder. The news comes less than a week after GTT said it paid $37.5 million to acquire New York-based Perseus, a provider of high-speed network connectivity services to financial and e-commerce companies.
http://www.gtt.net
https://globalcapacity.com
https://www.gtt.net/press_release/gtt-to-acquire-global-capacity/ 
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o Vitreon America Relocates HQ to Baltimore, Expects to Create 200 Jobs

Baltimore -- Vitreon America, the developer of a specialized plant database used to create new medicines, said on Monday it will spend $6.5 million to relocate its headquarters from Northern Virginia to Baltimore, where it plans to establish a laboratory, research center and grow zones in approximately 200,000 square-feet of space. The company, which expects to create 200 full-time jobs at its new Wicomico St. location over the next five years, said it made the move from Linden, Va. to better partner with some of the city's medical and botanical research institutions. "Baltimore offers all the business, scientific, and medical attributes that we need in order to capitalize on the vast potential of this industry," said Chairman Randall Hoggle. Founded in 2015, Vitreon has exclusively licensed Dr. James Duke’s plant database, which is believed to be one of the most extensive in the world. With this database, the company can validate current botanical discovery research projects and assist biopharmaceutical companies with development of new plant-based pharmaceuticals Vitreon said it plans to work closely with Morgan State University, providing its plant database and botanical research capabilities to the greenhouse on the university's campus. "This partnership, and the capabilities inherent with each of its members, will afford significant growth and advancement in research and training in STEM disciplines at the university," said Joseph Whittaker, lead professor on the project.
http://www.vitreon.com
http://governor.maryland.gov/2017/06/26/vitreon-america-to-relocate-headquarters-to-baltimore-city-create-200-jobs/ 
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o McLean-Based Spore 3 Invests Six Figures in iRestore

McLean, Va. -- Spore 3, a McLean-based angel investment group, said on Monday it has closed a six-figure angel investment in iRestore, a developer of mobile tools for utilities. Specific financial terms of the deal, which completes the company's seed round, were not disclosed. Incubating at Potential Energy DC in Tysons, iRestore has developed a suite of visual intelligence apps designed to help utilities better manage power outages. The revenue-generating company said it will use the majority of the funds to bolster sales and marketing for its first responder technology, with a portion also being used to further develop its core enterprise SaaS technology. "With multiple major [utilities] as clients and this additional infusion of cash, we can now expand geographically and across multiple verticals," said CEO Deepak Swamy. "I addition to the cash, Spore 3 brings significant energy sector experience."
http://www.irestoreapp.com 
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o Former Baltimore Ravens Star Ed Reed Invests in Hologram Emoji Startup

New York -- Former Baltimore Ravens star safety Ed Reed said on Monday he has led a round of angel funding for Mojiit, a New York-based developer of technology that allows users to project 3D hologram emojis through their smartphones. Specific financial terms of the deal were not disclosed. Reed, who helped lead the Ravens to a win in Super Bowl XLVII before retiring in 2014, said his interest in the startup stemmed from his frequent use of the ever-popular smart phone symbols. "All of my conversations seem to be in emojis," said Reed. Mojiit, created by PingTank co-founder Jeremy Greene earlier this year, lets users choose from a range of popular emojis, then project them as 3D holograms.
http://mojiit.com 
http://www.prnewswire.com/news-releases/hologram-emoji-startup-closes-angel-funding-round-led-by-nfl-alum-ed-reed-300478748.html 
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o Anthem Could Pay $115 Million in Largest-Ever Data Breach Settlement

San Francisco -- In what could be the largest data breach settlement in history, Indiana-based health insurer Anthem has agreed to pay $115 million to resolve a class action lawsuit stemming from a 2015 data breach that saw the theft of personal information from 78.8 million people. Under the settlement, which still must be approved by a court, Anthem would establish a $115 million settlement fund, used to provide victims with at least two years of credit monitoring, as well as cover their out-of-pocket expenses and provide them with cash compensation. In addition, the settlement requires Anthem to guarantee funding for information security, and implement or maintain specific changes to its data security systems. "After two years of intensive litigation and hard work by the parties, we are pleased that consumers who were affected by this data breach will be protected going forward and compensated for past losses," said Eve Cervantez, co-lead counsel representing the plaintiffs. In early 2015, Anthem acknowledged that it had been the target of a cyber attack, in which the personal information of 78.8 million individuals was stolen, including names, dates of birth, social security numbers and health care ID numbers. More than 100 lawsuits were filed against Anthem, and the cases were consolidated in the U.S. District Court for the Northern District of California. Attorneys Altshuler Berzon, Cohen Milstein, Girard Gibbs and Lieff Cabraser were court-appointed to lead the representation of the plaintiffs.
https://anthemdatabreachlitigation.girardgibbs.com/ 
http://www.businesswire.com/news/home/20170623005603/en/Plaintiffs%E2%80%99-Counsel-Announce-115-Million-Proposed-Class
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> Inbox Summit East - Sept. 29 - Washington, DC


Inbox Summit East is a one-day conference that puts a spotlight on the latest and most effective techniques for email marketing. With dozens of panels, presentations and networking opportunities, the summit in Washington, D.C. will take a deep dive into current developments in email marketing and email strategy. Topics will include: Email Deliverability Issues, Current Email Metrics, Integrating Email With Social and Mobile Platforms, Email Content, List Building and Maintenance, Personalized and Customer Centric Email, and the Future of Email.

http://www.inboxsummiteast.com/


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o
Briefly Noted:

(Falls Church, Va.) Falls Church-based CSRA, a provider of information technology services to the government, said on Monday it has won a contract worth up to $498 million from the Defense Information Systems Agency (DISA). Under the deal, the company will provide the Department of Defense with a private cloud infrastructure as part of a contract called milCloud 2.0 Phase 1.
https://www.csra.com 
http://www.prnewswire.com/news-releases/disa-awards-csra-498-million-ceiling-milcloud-20-300479512.html
 
(Alexandria, Va.) Fueled by recent contract wins, Alexandria-based SBG Technology Solutions, a provider of programmatic and IT services to the federal government, said on Monday it plans to hired an unspecified number of new employees for its health solutions business development team. The company said it is looking to add health IT capture managers, proposal managers, software developers, solutions architects and contract specialists.
http://sbgts.com/ 
http://www.prnewswire.com/news-releases/sbg-expanding-health-solutions-business-development-team-300479463.html 

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5-day ad: $175 -- 10-day ad: $300

> Sr. Ruby Platform Engineer, Mountain View, CA - $170k

We're looking for a top caliber engineer with experience in building a data platform at internet scale. Our client's platform interacts with multitude of health/fitness devices and apps real time data streams. The ideal candidate will have top-notch skills, and preferably has experience working on early stage consumer service platforms. This is an opportunity to be part of a promising early stage startup in the exciting digital health/fitness space and to drive a new generation health/fitness platform architecture. If you’ve got the right skills and passion, we want you! What you'll be doing: Architecting, building, testing and refining new products and services throughout the backend platform stack, including cache, workflow, controller, and data. Evolving various stack components to scale and address new service requirements. Designing and developing REST API and integration points for various platform services. Brainstorming and prototyping new concepts and approaches fast. Turning prototypes into real things Qualifications: Worked on large scale SOA consumer systems. Fluency in Ruby and Ruby on Rails. Experience with designing REST based API's for consumer based services. At least 5 years of experience designing and building backend software platforms. Expert knowledge in optimization and scalability using various technologies. Experience with MySQL and MongoDB. Able to design and write well-structured, easily maintainable, well-documented code that balances beauty and pragmatism. Demonstrable track record building distributed, clustered, high-throughput applications. Talent and drive to build a winning product and platform. A team player in a flat-structured, highly collaborative agile environment is a must. Strong academic background, preferably in Computer Science If interested, please email resume to greg@chiefpeople.com.


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Event Postings:
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To Post Events: http://www.potomactechwire.com/Event_Form.html
3-day ad: $225 -- 10-day ad: $550

> Mid-Atlantic Marketing Summit - Baltimore - Sept. 15

The Mid-Atlantic Marketing Summit: Baltimore will be held on Sept. 15 at Pier 5 Hotel in Baltimore. Now in its sixth year, the annual summit has become the “must-attend” marketing event for the Mid-Atlantic region and beyond. The summit brings together 300+ CMOs, Senior Marketers, Agency Professionals and Technology Executives from throughout the Mid-Atlantic area. The event features dozens of case studies, keynotes, and presentations on the most important issues facing marketers in 2018.
http://mamsummit.com/

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> Inbox Summit East - Sept. 29 - Washington, DC

Inbox Summit East is a one-day conference that puts a spotlight on the latest and most effective techniques for email marketing. With dozens of panels, presentations and networking opportunities, the summit in Washington, D.C. will take a deep dive into current developments in email marketing and email strategy. Topics will include: Email Deliverability Issues, Current Email Metrics, Integrating Email With Social and Mobile Platforms, Email Content, List Building and Maintenance, Personalized and Customer Centric Email, and the Future of Email.
http://www.inboxsummiteast.com/


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5-day ad: $175 -- 10-day ad: $300


> Does your startup or small business need outsourced HR support?


At Infinity Road HR, we provide outsourced HR solutions and support to companies who have a small or no HR department. Our clients range in size from 3 to 350 employees, and we have deep expertise in the IT/Software industry, as well as the government contracting environment. We believe in building relationships, and we work with entrepreneurs and small business owners to develop programs, policies and HR strategies that will create a strong, scalable foundation for growth. Support ranges from just a few hours per month to several days per week on-site depending on client needs. Check us out on www.infinityroadhr.com to learn more about what we do and how we can help you.

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