ITC Federal lands Blue Delta backing
ITC will use this newfound resource for both acquisitions and key hires to shape its next phase.
ITC Federal, a midsized technology integrator predominantly in the national security and law enforcement communities, has secured a $25 million investment to back the next phase of its strategy.
That backing announced Tuesday came from Blue Delta Capital Partners, the government market-focused venture investment firm focused on growth stage companies.
Arlington, Virginia-headquartered ITC opened for business in 2006 and is led by CEO Greg Fitzgerald, who moved up to the role in early 2022 after 10 years in other executive roles there.
ITC works with agencies on their overall IT environments to include infrastructure, networks, financial systems and other aspects.
The company has received roughly $177.9 million in unclassified prime obligations over the trailing 12 months with the Homeland Security and Justice departments representing 98% of that spend, according to USASpending.gov data.
ITC will use the newfound investment to further build out its senior leadership team and search for potential acquisitions to aid growth.
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