Enlightenment Capital and Razor's Edge Make Strategic Investment in Expedition Technology

Enlightenment Capital Invests in Fenix Group

June 22, 2021

Aerospace & Defense

Washington, D.C.-area private investment firm Enlightenment Capital has made a growth investment in Fenix Group, a Chantilly, Virginia–based provider of battlefield edge networks and integrated systems. The capital will support Fenix's expansion of facility footprints, engineering refinement and scaling of manufacturing capacity to meet growing DoD and intelligence community demand for tactical LTE/5G communications solutions.

Enlightenment Capital Makes Strategic Investment in Cryptic Vector

August 8, 2024

Cybersecurity

Enlightenment Capital, an ADG&T-focused private investment firm, has made a strategic growth investment in Cryptic Vector, a Cincinnati-headquartered provider of offensive cyber, electronic warfare, and secure radio frequency communications for the Intelligence Community and Department of Defense. The investment will support Cryptic Vector's scaling efforts, capability investments and M&A growth strategy; G Squared Capital Partners and Holland & Knight served as advisors to Cryptic Vector on the transaction.

Enlightenment Capital Invests in Red Alpha

July 12, 2023

IT Services

Enlightenment Capital, through its Small Business Investment Company (SBIC) fund, has made a growth investment in Red Alpha, a Columbia, Maryland-based software development and technology consulting firm serving the defense community and select commercial markets. Terms were not disclosed; the capital is intended to support Red Alpha’s growth and capability expansion in cybersecurity, cloud, and large-scale systems engineering work for government customers.

Enlightenment Capital Invests in Summit Technology Group

April 4, 2024

Cloud & SaaS

Chevy Chase-based investment firm Enlightenment Capital has made an undisclosed investment in Summit Technology Group (STG), a Pennsylvania-based provider of cloud-based workflow and SaaS platforms for federal agencies, commercial banks and enterprise customers. Enlightenment said STG will serve as the foundation of its government and regulatory software solutions platform to accelerate product development, expand government deployments and strengthen support for commercial clients.

Lead Edge Capital Makes Strategic Growth Investment in IGM Technology

July 2, 2024

Cloud & SaaS

Lead Edge Capital has made a strategic growth investment in IGM Technology, a provider of cloud-based financial reporting, budgeting and disclosure software for state and local governments. The minority growth equity investment — the company’s first institutional capital raise — will be used to accelerate product development, expand operations and support market adoption of IGM’s Gravity platform.

Ultra I&C Acquires Expeditionary Engineering

April 23, 2025

Aerospace & Defense

Ultra Intelligence & Communications (Ultra I&C) has acquired San Diego-based Expeditionary Engineering, a designer and manufacturer of rugged 3U VPX hardware for airborne and expeditionary Department of Defense applications. The deal brings Expeditionary Engineering's SPOC-compliant embedded computing platforms into Ultra I&C's secure communications and software-defined systems to enhance tactical edge processing, command-and-control, and software deployment capabilities.