The Week of Deals

Champagne corks popped all over DC, as several tech companies announced funding deals, acquisitions and a major political partnership.

Two DC tech firms came together this week: Mobomo, strong in Rails web development and mobile applications, especially for government agencies, acquired Intridea, a product development and user experience firm. What’s unusual is both companies were launched by Barg Upender, who’s been serving as Mobomo’s chairman since handing off the CEO reins to Brian Lacey this year. (Barg launched Intridea with David Naffis in ‘07.) Together the company will be about 100 employees, with Mobomo at its new HQ at 19th and M and Intridea’s team working remotely all over the country.

Mobomo’s claim to fame is development of the new NASA.gov launched earlier this year, as well as several Navy mobile applications. Intridea says anyone who’s “read business news, received a paycheck, opened an email, had a baby or attended a wedding” has encountered Intridea’s work. Clients include Mitsubishi, ADP and TheKnot.com. Mobomo says it will keep the Intridea brand name, and Intridea CEO Marc Garrett will continue running that piece of the business.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Oliver Carr Jr.'s Firm Sells Alexandria Project To His Son's Company

Bill Barr's Law Firm Expands Footprint In Move To Pennsylvania Avenue

Amazon Ditches Ashburn Data Center Plan, Shifts To Mixed-Use Vision

Bowser Wants To Lock In A $550M Spa Before She Leaves. D.C. Council Members Are Pushing Back

Downtown Conversion Lands Construction Loan: The D.C. Deal Sheet

Fairfax Pays $23M For Innovation Center Site, With Plans For Affordable Housing

From Precast To Conservation: Addressing Today's Stormwater Challenges

Developer Inks Deal To Move HQ To Lerner's Tysons Tower

Industrious Takes Top Floors In Downtown Lease: The D.C. Deal Sheet

Distress Divide: How Private vs. Institutional Investors Are Thinking About D.C. Office

Lawmakers Punt On Stripping Approvals From 15 Projects In Data Center Alley

Affinius Relinquishes Big Office Building Next To Capital One Arena