We announced our investment in Arlington, Va-based BrightContext. They provide a cloud based platform to filter and perform calculations on streams of data in-flight and they power real time data communication in apps. This is our third seed investment from Fund II and our fourth investment in the Mid-Atlantic region.
We've known John Funge and Leo Scott the two co-founders of BrightContext for over 5 years. John and Leo built two successful technology companies, both being acquired by larger public companies.
We originally met John at one of our Enrtrepreneurs' Breakfasts at Panera in Reston, Va. My partner David stayed close to John after that. Maybe even glued to him. Interestingly enough, it was the same breakfast we met Tim Chi, CEO of WeddingWire, another SCV portfolio company.
The company stayed in stealth mode for a bit, but launched at TechCrunch Disrupt last week in San Francisco. Check them out here.
So, congratulations to the team at BrightContext. We are a very proud investor.