Sequoia Holdings Inc. has today announced it will be teaming up with Washington, D.C. private equity and venture capital firms to launch an accelerator that focuses on new cyber security and analytic start-ups. Sequoia Apps LLC, based in Reston, Va., will help local entrepreneurs create and launch successful start-ups and connect to DC area venture capital, private equity and angel investors for additional funding opportunities.
“Sequoia Apps is a great example of how companies can leverage the successful past performance of their employees and connect them to the intellectual and financial scene of the DC start-up community,” said T. Richard Stroupe, Jr. Sequoia Holdings co-founder. “For years, our development staff has designed and built world class applications for various intelligence community (IC) customers, and now we would like to create a new disruptive platform to invest in those engineers in order to help them achieve similar success in emerging markets.”
Employees of Sequoia Holdings own, manage and operate Sequoia Apps, which was designed to capitalize on the successful past performance and unique skill sets of all IC focused developers and engineers. It was also designed to help build viable and disruptive commercial applications.
“Our goal is to build a dynamic and innovative platform based on the unique skill set and experience of the IC development community,” said Adam Rand, Sequoia Holdings co-founder. “Sequoia Apps will offer a number of key strategies and lessons learned from successful entrepreneurs and private investors.”
