Two Washington region tech companies — Clarabridge Inc. and Virtustream Inc. — rolled out a combined $120 million in funding on Tuesday, another sign of an improving venture ecosystem. Both rank among the Top 10 biggest D.C. Tech investments thus far in 2013
Not all of the fundings on this list qualify as “venture,” of course. Some of the larger ones could just as easily be called private equity, or at least the hybrid term “growth.” Like we see with Clarabridge’s $80 million, big-ticket financings like these often go partly toward cashing out earlier investors. And not all came from traditional VC. In Virtustream’s case, the entire $40 million Series D round came from a single corporate source: SAP AG.
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