Arlington, Virginia-based ByteCubed, a technology provider and consultancy for commercial and federal government customers, has secured an undisclosed amount of funding. The investor was Enlightenment Capital.
PRESS RELEASE
Chevy Chase, Maryland – February 27, 2018: Enlightenment Capital, an aerospace, defense, and government focused investment firm based in the Washington, DC area, announced it has made a strategic investment in ByteCubed, a leading technology provider and consultancy, dedicated to providing innovative, technology-driven, cost-effective solutions to commercial and federal government customers. The investment will support ByteCubed’s growth strategy by providing financial resources and flexibility, allowing the business to pursue both organic and inorganic growth opportunities.
Founded in 2010 and headquartered in Arlington, VA, ByteCubed develops business intelligence, technology automation, and data science solutions to drive efficiency within its clients. The Company’s solutions are used by a number of government agencies, including the Department of Defense and the Department of Homeland Security, to streamline business processes and to analyze data in real time for timely and effective decision making. ByteCubed guides the implementation with a team of domain experts that span acquisition, economics, procurement, supply chain, and the advanced sciences. In addition, ByteCubed performs cutting-edge R&D for its customers in the areas of cloud computing, data science and analytics, machine learning, user experience, and augmented reality.
“ByteCubed’s technical acumen, cloud-native expertise, and commercial approach to government services is ideally suited to address the increasing demand for modernization, transformation, and enhancement of government IT systems,” said Devin Talbott, Managing Partner of Enlightenment Capital. “ByteCubed brings the latest commercial innovations in data visualization and analytics to public sector challenges, and we are excited to team with ByteCubed management to help jumpstart this next chapter.”
“As we looked for potential investors to help us grow our business, it was clear that Enlightenment possessed a unique understanding of our markets and a team that was fully engaged to help companies like ours better serve our customers and achieve our strategic objectives,” said Ahmad Ishaq, ByteCubed Founder. “I am confident that ByteCubed’s partnership with Enlightenment will result in a stronger company, better equipped to address our customers’ complex business challenges.”
About ByteCubed
ByteCubed is a results-oriented and high-impact consulting firm, dedicated to providing innovative yet cost-effective solutions to commercial and federal customers. The Company ensures clients’ success by developing a deep understanding of their business through the combination of domain experts and top technologists to develop tailored solutions. ByteCubed is dedicated to providing its customers with the best in service and to helping them accomplish their missions. For more information, visit www.bytecubed.com.
About Enlightenment Capital
Enlightenment Capital, a Washington, DC-area based private investment firm, provides senior debt, mezzanine debt, and equity to middle market companies in the Aerospace, Defense & Government (ADG) sector. The firm partners with businesses that provide vital services, protect critical infrastructure, innovate cyber and data solutions, enhance decision making capabilities, engineer aerospace systems, safeguard national security, and endeavor to meet the challenges of today and tomorrow. For more information, visit www.enlightenment-cap.com.