Potomac Tech Wire

Potomac Tech Wire - March 19

Virginia‑based tech firms announced a wave of capital raises in March, highlighted by Sands Capital closing a $1.1 billion Global Innovation Fund III and Cape securing a $100 million Series C for its privacy‑first mobile carrier. Other notable rounds include Claros’ $30 million seed for AI‑driven power management, Knox Systems’ $25 million Series A to expand federal cloud services, and Carecubes’ $6.5 million Series A for rapid‑deployment isolation units. Chorus Intelligence added $20 million for global expansion, while marketing agency Yes& acquired Atlanta’s Metaleap Creative. The announcements underscore strong investor appetite for AI, security, and privacy solutions in the Mid‑Atlantic ecosystem.