It’s a Tough Time for Small Start-ups, but Those with Momentum are Cashing In

Technology startups are increasingly eschewing the public markets in favor of cash infusions from private investors. Among the latest examples of this trend is Distil Networks, the Arlington-based cyber security recently raised $21M from private investors, bringing its total funding to $65M. “There’s a huge amount of extra money in the growth equity side to keep great companies private longer,” said John C. Backus Jr., managing partner at Reston-based New Atlantic Ventures.

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