Enlightenment Capital, an investment firm from the Washington DC area, recently announced a strategic investment in Ridgeline International, a specialist in proprietary intelligence and cyber technology solutions.
The specific amount of the investment was not disclosed.
Ridgeline International, founded in 2015 and based in Tysons Corner, VA, is dedicated to developing advanced solutions in intelligence and cyber technology. Their focus lies in controlling data, protecting against Ubiquitous Technical Surveillance (UTS), securing communications, and managing Digital Signature Management (DSM) for key clients like the Intelligence Community (IC) and Department of Defense (DoD).
The new influx of capital is set to enable Ridgeline to expand its capabilities and pursue strategic growth initiatives. This includes continued investment in cutting-edge technologies to meet the evolving demands of their customers in the National Security sector.
Additional details about the transaction reveal that Raymond James acted as the exclusive financial advisor, with legal advice provided by Holland & Knight for Ridgeline, and Moore & Van Allen for Enlightenment Capital. Morrison & Foerster contributed government contracting legal advisory services.
Devin Talbott, Founder and Managing Partner of Enlightenment Capital, highlighted the importance of continuous innovation in the UTS and DSM domains. He emphasized that “Ridgeline will serve as the foundation for Enlightenment’s newest intelligence and cyber software platform. The pace of technological change and emerging threats in the UTS and DSM domains require continuous innovation, anticipation, and investment.”
“This partnership provides Ridgeline with the financial and strategic resources needed to build a mid-tier intelligence and cyber focused platform with a mission to support critical National Security programs,” said Jason Rigoli, Partner at Enlightenment Capital. “We are excited to partner with the Ridgeline leadership team and will continue to invest in the company to drive growth both organically and through M&A.”
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