Kevin brings an incredible wealth of experience in translating data into insights, as well as building successful products. We couldn’t be more excited to add his expertise to our team.
MCLEAN, Virginia (PRWEB)
August 10, 2021
TechnoMile, a leading provider of innovative cloud solutions that enable enterprises to pursue, win and retain more government business, from capture to contract, today announced the appointment of Kevin Brancato to the role of senior vice president of product strategy. Brancato will be responsible for guiding the company’s vision and strategy to advance its cloud platform, which merges data and leverages cutting-edge technologies to help government contractors improve efficiency, gain actionable insights and mitigate risk throughout the contract capture process, resulting in more contracts won.
TechnoMile recently partnered with K1 Investment Management to secure a $20 million commitment, accelerating the company’s ability to innovate and scale. As an additional catalyst for growth, TechnoMile has also secured a $7.5 million credit facility from Bridge Bank’s Technology Banking Group to further support its working capital and growth needs. With this injection of funds, TechnoMile is making key strategic hires and increasing its workforce across all areas of its business to support its rapidly growing customer base. Brancato is one of a select handful of new recruits who are part of this strategy.
Brancato, a government contract space veteran and seasoned product manager, brings over two decades of experience researching, modeling and analyzing federal government budget and spending and transforming that data into actionable intelligence for the public and private sectors. Prior to joining TechnoMile, he served as Director of Product Management at Bloomberg Government and led BGOV’s product strategy, leading the company’s product, data and analytics teams. Prior to BGOV, Brancato was a management scientist at the RAND Corporation, where he analyzed weapons system costs and defense manpower policies.
“Enabling our customers to effectively leverage data to make decisions and gain competitive advantage is at the heart of what we try to accomplish at TechnoMile,” said Ashish Khot, CEO of TechnoMile. “Kevin brings an incredible wealth of experience in translating data into information, as well as building successful products. We couldn’t be more excited to add his expertise to our team.
Commenting on his reasons for choosing to join TechnoMile, Brancato said, “TechnoMile deeply understands the unique buying, selling and compliance needs of government contractors and has created the only cloud-based platform purpose-built to drive efficiency, injecting intelligence and mitigating risk throughout the contract capture process. It’s an incredible foundation to build on. At the same time, TechnoMile has a proven track record looking over the horizon of what comes next, and my new role with the company further refines that focus.I am excited to help shape the continued evolution of TechnoMile’s products and help our customers successfully compete to win.
TechnoMile provides a premier cloud-based platform for government contractors that brings together internal and external data sources and applies artificial intelligence to produce unique insights that help clients win more federal, state, and local contracts – on average, increasing success rates by 11%. Post-award, the platform offers automation and machine learning capabilities that dramatically streamline contract administration, while easing the burden of maintaining compliance and audit readiness throughout the cycle. life of the contract.
TechnoMile is a leading provider of innovative cloud solutions that enable companies to pursue, win and retain more government business from capture to contract. With TechnoMile’s best-in-class cloud platform, companies gain unique competitive insights, gain contact insights, automate and reduce contract lifecycle risk, foster stronger relationships with partners/suppliers and ultimately gain a competitive advantage which results in more contracts won and serves as a catalyst for continued growth. TechnoMile serves over 150 customers, including 10 of the top 15 defense contractors and over 50% of the top 200 government contractors. For more information about TechnoMile, visit technomile.com or follow us at linkedin.com/company/technomile.
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