TYSONS, Va. (April 15, 2024)– Holland & Knight advised Raft LLC in connection with its $60 million investment from Washington Harbour Partners LP (WHP), a leading private investment firm. The transaction was announced on April 10.
Based in Reston, Virginia, Raft is a leading modern technology and data-focused advanced software engineering firm, creating innovative solutions for the most critical mission sets across the U.S. Department of Defense and nation. Raft specializes in next-generation software, data and artificial intelligence (AI) products and solutions to solve the hardest national security challenges.
Raft will use the investment to intensify its research and development efforts. Additionally, Raft will now serve as WHP's platform for advanced software development for the Department of Defense, intelligence communities and select federal-civilian agencies.
Headquartered in Washington, D.C., WHP is a private investment firm with deep experience in the areas of software, defense technologies, cybersecurity, government, and business services and technology-enabled consumer services.
Holland & Knight Partners Adam August and Jose Morales and Associates Christian Kaiser and Diana Andrade led the firm's representation of Raft.
More information on the transaction can be foundhere.
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