o Alexandria-Based Bluesight Acquires Baltimore’s Protenus
o DC-Based Tidal Cyber Acquires Zero-Shot Security
o Jason Thompson Names President, CFO at The Nuclear Company
o Leesburg-Based Cofense Names Marc Olesen as CEO
o McLean-Based Bluestone Invests in Valiant, Installs New Leadership
o DC-Based Halifax Group Invests in Industrial Automation Firm Q-mation
o Briefly Noted: Boeing, DXC Technology, Gigstreem, FiscalNote
Alexandria-Based Bluesight Acquires Baltimore’s Protenus
Alexandria, Va. – Bluesight, an Alexandria-based developer of tools designed to manage various operations for hospitals and pharmacies, said on Wednesday it has acquired Baltimore-based Protenus, the developer of a healthcare compliance platform. Financial terms of the deal were not disclosed. Bluesight said the move will bolster its drug diversion platform by adding patient privacy monitoring capabilities. The company said it plans to offer a unified platform combining its intelligence for hospital and pharmacy operations with Protenus’ compliance and risk management tools.
DC-Based Tidal Cyber Acquires Zero-Shot Security
Washington, DC – Tidal Cyber, a DC-based provider of cyber defense services, said it has acquired Texas-based Zero-Shot Security, the creator of an AI tool designed to simplify and speed the processing and analysis of threat intelligence. Financial terms of the deal were not disclosed. The company said the move will allow it to make threat intelligence mapping more accessible for organizations of all sizes. Harrison Van Riper, the founder of Zero-Shot Security, will join Tidal Cyber as its director of AI.
Jason Thompson Names President, CFO at The Nuclear Company
Washington, DC – With nuclear power increasingly getting traction, The Nuclear Company, the high-profile nuclear technology company with significant operations in DC, has named Jason Thompson as its president and CFO. Thompson formerly worked at electric battery supply company Redwood Materials. The Nuclear Company came out of stealth mode in 2024, and reportedly raised an undisclosed venture round with backing from CIV, True Ventures, Wonder Ventures, Goldcrest Capital and MCJ Collective.
Leesburg-Based Cofense Names Marc Olesen as CEO
Leesburg, Va. – Cofense, a Leesburg-based developer of email defense tools powered by a phishing threat reporting network, has named Marc Olesen as its new CEO. He succeeds David Van Allen, who led the company since late 2023. Olesen most recently served as the CEO of TokenEx, where he oversaw its merger with IXOPAY, and previously was the president and CEO at Sift. He earlier had held leadership roles at Splunk and McAfee.
McLean-Based Bluestone Invests in Valiant, Installs New Leadership
McLean, Va. – Bluestone Investment Partners, a McLean-based private equity firm focused on the defense and government technology arena, said it has invested an unspecified amount in North Carolina-based Valiant Solutions, a provider of cybersecurity services to federal agencies. Concurrent with the move, Valiant has named George Wilson and Tom Weston, the former CEO and CFO of Fairfax-based ECS Federal, respectively, to unspecified roles on its leadership team. Founder Matt Raydo, who had served as president and CEO, will remain with the company to lead business development efforts.
DC-Based Halifax Group Invests in Industrial Automation Firm Q-mation
Washington, DC – Halifax Group, a DC-based middle-market private equity firm, said it has invested in Pennsylvania-based Q-mation, a provider of software and hardware. Q-mation CEO Bob D'Agostino and the company's founders will invest alongside Halifax, and existing management will continue to lead the business. Additional terms of the deal were not disclosed. Founded in 1987 by Russ Fadel and Tom Holden and based in Horsham, Pa., Q-mation sells and supports industrial automation systems. David Bard, a partner at Halifax, said that “IT services and industrial automation are key focus areas” for his firm.
Briefly Noted:
(Arlington, Va.) Arlington-based aerospace giant Boeing has named Dana Deasy as its chief information digital officer and senior vice president of information technology and data analytics. Deasy, the former chief information officer at the Department of Defense, JPMorganChase, BP and General Motors, replaces Susan Doniz, who left the company late last year.
(Ashburn, Va.) Ashburn-based technology services provider DXC Technology has named Brad Novak as its chief information officer. Novak most recently served as the chief technology officer at Barclays, and previously worked in private equity and venture capital.
(Tysons, Va.) Tysons-based Gigstreem, a provider of connectivity tools for multifamily properties and businesses, has named Layne Levine to its board of directors. Levine previously held executive positions with high-speed internet providers such as Windstream and GTT, and most recently was the CEO of Highline.
(Washington, DC) DC-based FiscalNote, a developer of AI software focused on policy and global intelligence, said that Conrad Yiu, co-founder and partner of AS1 Growth Partners, has retired from its board of directors. His three-year term was scheduled to end in May. The board will now include nine members.