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Riverside Research Awarded $160M Contract with Defense Innovation Unit (DIU) to Accelerate Commercial Technology Adoption for National Security

Dec 12, 2024over 1 year ago

Contract Type

contract

FairfaxNon ProfitGovernment

Description

Riverside Research has been awarded a competitive $160M contract to aid the Defense Innovation Unit in accelerating the adoption of commercial technology throughout the military for national security. The contract includes a one-year base and four one-year options, with an overall estimated value of $160M over a period of five years.

Company Information

Company

Riverside Research

Location

Fairfax, Virginia, United States

About

Riverside Research is a national security nonprofit serving the Department of Defense and Intelligence Community. Through its Open Innovation Center (OIC), Riverside Research invests in multidisciplinary R&D, advancing technologies that drive mission success. The organization specializes in cyber resilience, zero trust architectures, AI/ML acceleration, computational electromagnetics, precision timing, terahertz imaging, and ISR collection planning.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.