Ellicott City cybersecurity firm Blackpoint Cyber has raised $6 million in new funding to fuel sales growth. The round was led by United Kingdom-based Adelphi Capital and Alexandria, Virginia-based Telcom Ventures. Maryland Technology Development Corp, also participated through its Maryland Venture Fund. The 12-person company is led by founder and CEO Jon Murchison. Blackpoint plans to use the new funds to scale its sales and marketing efforts in the U.S. and abroad. Blackpoint’s patented…
from https://www.bizjournals.com/baltimore/news/2018/05/31/ellicott-city-cyber-firm-raises-6m-uk-va-funders.html?ana=RSS&s=article_search
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Downtown Baltimore has more apartment units underway than any other submarket in the metro area, according to data from CoStar Group. The area, which on CoStar’s map extends from the Inner Harbor up to Station North, has 1,250 units on the way. Those units make up 9.9 percent of the area’s current inventory of 12,653 units. Midtown, which encompasses a swath of West Baltimore from Lexington up to Mondawmin, is the market with the highest percentage of units under construction. A whopping 67.5…
The Brink’s Co. is acquiring its competitor, Dunbar Armored Inc., a family owned business in Baltimore County for 95 years, in a $520 million all-cash deal. The deal combines two of the U.S. cash management industry’s largest players, No. 2 Brink’s and No. 4 Dunbar. Dunbar is one of Greater Baltimore’s largest private companies with 5,400 employees, 78 branches throughout the and more than 1,600 of its famous red armored trucks in its fleet. The transaction is expected to close by the end of…
Construction is in full swing at Checkerspot Brewing Co.’s future home in South Baltimore, and the brewery expects to finally open its doors at the end of next month. After months of delays, Checkerspot will host a grand opening on June 30 at noon, co-owner Judy Neff said. Neff, her husband Rob Neff and friend Steve Marsh announced plans for the brewery at 175 W. Ostend St. in early 2017 and had hoped to open by the start of football season last fall, but construction delays pushed back the launch. Now,…
Pairing sneakers with a suit is a great way to create a fresh summer look.
Corporate America’s bottom line is booming on the back of a resurgent economy and the prospect that the good times are just getting started. As of May 23, some 3,193 publicly traded U.S. companies had closed the books on 2018’s first fiscal quarter, reporting combined net income of $358.3 billion during the three-month span. The total marked a 26 percent year-over-year surge over the group’s tally over the same quarter in 2017 and a whopping 63 percent increase over what was reported in 2016’s corresponding…
Good morning. At last we’ve reached the end of May. The long month was also Baltimore’s seventh-wettest May on record, and it doesn’t look like the rain will slow for this weekend. The National Weather Service issued a flash flood watch in Maryland this morning beginning 2 p.m. today and extending through late tonight. Be careful out there everyone. Now, here are 8 things you need to know to get your day started. Baltimore City is planning to sue a veteran police officer for the more than…
