VC funding may have slowed down lately, but that doesn’t mean D.C.’s tech scene is totally silent. Companies are hard at work expanding to new areas in the DMV, acquiring other companies to bolster their services and taking a stand against the continued Russian invasion of Ukraine. Last week was anything but boring, to say the least. Here’s what you missed. This is the Built In DC weekly refresh.
Google announced plans to acquire Mandiant. The $5.4 billion acquisition will add Mandiant’s Advantage SaaS platform to Google Cloud’s suite of security offerings. Customers will be able to tackle security challenges with new tools like advisory services, threat detection and intelligence, automation and response tools, testing and validation, and managed defense. [Built In DC]
DXC pulled out of Russia amid the Ukraine invasion. The Ashburn, Virginia-based IT service provider announced the market exit, condemning the “unwarranted aggression from the Russian government that is leading to death, injury and displacement of innocent civilians in Ukraine.” The company is currently working to support and relocate its 4,000 Ukrainian employees. It is also matching employee donations to Red Cross humanitarian work in the area at 200 percent. [Washington Business Journal]
D.C. Tech Quote of the Week
“While I am clear in the need for such action, this decision fills me with great sadness.” — DXC analytics and engineering president Dmitry Loschinin
Easy Dynamics announced plans to expand in Fairfax County. The technology services provider will invest $100,000 to expand in the Tysons area and create 61 new jobs there. New roles include software engineers, business analysts, project managers and other business support roles. This expansion is being made possible in part by support from the Virginia Economic Development Partnership, the Fairfax County Economic Development Authority and the Virginia Jobs Investment Program. [Business Wire]
15 D.C. companies named Best Startup Employers by Forbes. The list ranks the top 500 best U.S. startups to work at based on employer reputation, employee satisfaction and growth. The top five local companies ranked included Prefect (#148), Ad Hoc (#138), Protenus (#108), and Morning Consult (#72). All five of these companies are now hiring. [Built In DC]