TEDCO Happenings

Find out about recent developments and upcoming events of interest to our portfolio companies and your business.

TEDCO's Women's Executive Leadership Roundtable

TEDCO’s Women’s Executive Leadership Roundtable  is a general peer-to-peer support for entrepreneurs in this important vertical. Its goals are two-fold:

  • To create a community of female executive leaders in the technology sector (startups)
  • To build a culture where women can get support, learn, share resources and information, ask questions and be open without concern.

TEDCO's March Newsletter is available now

Stay up to date on current news at TEDCO, get an overview of our awards and programs, and learn about entrepreneurial opportunities happening in Maryland. 

TEDCO Generates $1.6 Billion in Economic Benefits to the State of Maryland

This announcement comes on the heels of TEDCO’s creation of a Task Force for Women Entrepreneurs, which will be dedicated to the recruitment, funding, and operational support of women-owned and-led startups in Maryland, a traditionally underserved entrepreneur population. 

TEDCO Portfolio Company, RackTop Systems, Raises $15M

RackTop Systems, a nine-year-old Howard County developer of secure systems used for storing data, has raised $15 million in funding.

Join us for TEDCO's Annual Entrepreneur Expo in 2019

The annual Entrepreneur Expo & Symposium brings together all of Maryland's various entrepreneurial resources across the State into one place at one time. The Expo draws 800+ of the region’s top entrepreneurs, business owners, angel and venture capital investors, legislators and influencers. 

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Viewpoint: Opportunity Zones May Spur Angel, VC Funding For Minority Entrepreneurs

Created as part of the tax bill passed by Congress in 2017, the opportunity zones initiative offers
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Maryland could be a cybersecurity leader, here's how

Maryland is uniquely poised to capture a huge share of the large and growing healthcare cybersecurity market...
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BurnAlong, a TEDCO portfolio company, raises $1.5M, moves to new offices in Pikesville

The startup is looking to offer its streaming health and fitness classes to organizations for use by
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Johns Hopkins spinout and TEDCO portfolio company Vixiar gets $1.5M for tablet-based cardiac measurement system

Vixiar's system measures left ventricle end-diastolic volume by walking the patient through a
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Vixiar Medical Raises $1.5 Million in Additional Financing

Vixiar Medical, Inc., a privately held Maryland company dedicated to the development of non-invasive
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Check out Sisu Global Health on the 60 Minutes segment featuring the Rise of the Rest. Congrats to Carolyn Yarina and the team! (A TEDCO portfolio company)

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Congrats to the inaugural Bisciotti Foundation Translational Fund awardees, especially Dr. Tian-Li Wang and Dr. Edward James Wright III (TEDCO MII alumni)

Four Johns Hopkins professors received grants through a fund created to help faculty put their
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TEDCO portfolio company remodelmate announces nationwide project financing partnership with SoFi

This partnership will allow remodelmate customers to apply for financing through SoFi for home
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TEDCO generated $1.6B in economic benefits in 2018, study shows

An independent study released Wednesday shows The Maryland Technology Development Corporation (TEDCO
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Press Release

TEDCO Generates $1.6 Billion in Economic Benefits to the State of Maryland and Supports 7,746 Maryland Jobs, According to New Independent Study

COLUMBIA, Md. (March 6, 2019) — The Maryland Technology Development Corporation (TEDCO), Maryland’s
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MII Public Meeting Notice 3-14-19

* * PUBLIC MEETING NOTICE * * Maryland Innovation Initiative WHAT: The Maryland Technology
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Howard County-based RackTop Systems raises $15 million

RackTop Systems, a nine-year-old Howard County developer of secure systems used for storing data,
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Your Location Data Is Being Sold—Often Without Your Knowledge

TrackOFF CEO talks with the WSJ about companies selling your data
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Gilead’s Kite pens 10-target CAR-T tech deal with MaxCyte, Inc., a TEDCO portfolio company

MaxCyte thinks the technology will shorten and simplify the CAR-T production process.
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MSCRF Public Meeting Notice 3-4-2019

* * PUBLIC MEETING NOTICE * * Maryland Stem Cell Research Commission WHAT: The Maryland Stem Cell
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RoosterBio, a TEDCO portfolio company, announces plans to expand facility in Frederick, MD

FREDERICK, Md. (PRWEB) February 20, 2019 RoosterBio, Inc, a privately held regenerative medicine
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TEDCO Creates Task Force to Support Women Entrepreneurs in Maryland

Columbia, Md., February 22, 2019 — The Maryland Technology Development Corporation (TEDCO) announced
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TEDCO Portfolio Company Update: Light Point Security Reveals Most Flexible Browser Isolation Platform with the Release of its Clientless Version

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WIB-Capital Region Spotlight: Amritha Jaishankar

TEDCO's Amritha Jaishankar spotlight from WIB-Capital Region
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A Gaithersburg biotech, Antidote Therapeutics Inc., is raising millions to treat nicotine-related diseases — and help smokers quit

The clinical-stage company is developing a drug that would diminish the effects of nicotine in the
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Maryland tech, university leaders rally for $16M fund to boost life sciences, cybersecurity

Gov. Larry Hogan has allotted $16 million in initial funding to support the program, which would be
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On-Demand Home Renovation Leader Curbio Inc. Continues National Expansion with Houston Launch

Curbio Inc., headquartered in Maryland, the pre-sale home renovation specialist that’s rapidly
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Theraly Fibrosis Inc. Licenses Scarab Genomics’ Bacterial Production Technologies for its Pharmaceutical Program

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TEDCO Portfolio Company Update: VitusVet, eying growth, hires OrderUp cofounder as COO

Jason Kwicien is joining the Columbia-based pet health IT company's leadership team
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RoosterBio Inc.'s CEO, Margot Connor, named among top CEO's in Frederick County area!

RoosterBio Inc.'s CEO, Margot Connor, named among top CEO's in Frederick County
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Freestate Optics’ first product, Plate Vision, won Collegiate Baseball’s Best of Show

Freestate Optics is a TEDCO Maryland Innovation Initiative portfolio company.
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TEDCO's CEO, George Davis, featured as an Influential Marylander

The Daily Record's Influential Marylander's of 2019
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Light Point Security (a TEDCO portfolio company) commissioned research shows extent of web browser-based cyber threats

One data point: 60 percent of organizations surveyed had systems infected with malware via web
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Protenus, a TEDCO portfolio company, was named 2019 KLAS Category Leader in the Patient Privacy Monitoring category in the 2019 Best in KLAS: Software & Services report.

Protenus, the healthcare compliance analytics platform that protects patient privacy for the nation
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Maryland Business Organizations Collaborate to Present Maryland Cyber Day In April

Maryland Cyber Day to be held on April 11, 2019 at the Maryland Live! Hotel in Hanover, MD
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This TEDCO group wants to make Maryland 'the gateway' for stem cell companies

TEDCO’s Maryland Stem Cell Research Fund is working to attract more companies from all over the
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Syncurity, a TEDCO portfolio company, partners with SentinelOne to accelerate security operations teams in alert triage and incident response.

Syncurity, a market leader in Security Orchestration, Automation and Response (SOAR), and
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Maryland Stem Cell Research Fund launches new website to better serve  the stem cell community

FOR IMMEDIATE RELEASE Maryland Stem Cell Research Fund launches new website to better serve the stem
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RoosterBio Inc., a TEDCO portfolio company, launches large-scale hMSC banks to simplify & streamline biomanufacturing

RoosterBio Inc. announces the launch of RoosterBank™-hBM-100M-XF, a closed-system xeno-free (XF)
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Baltimore Business Journal names 2019 CEO of the Year, Edward St John, and Power 10 honorees, to include TEDCO's George Davis

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The Johns Hopkins University, emocha Mobile Health Inc win CDC funding to study effect of financial incentives on addiction recovery

Emocha is a TEDCO MII portfolio company
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Hopkins researchers, using emocha Mobile Health Inc.’s app, to study whether financial rewards, video monitoring can help opioid addiction treatment

Awarded $2.1M by the U.S. Centers for Disease Control and Prevention
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Phacilitate Leaders World and World Stem Cell Summit Announce New Updates: Visionary Speakers, Programs and Agenda

One of the speakers: Dr. Dan Gincel, Vice President for University Partnerships / Executive Director
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RackTop Systems Selected as a Finalist for SC Media’s 2019 Trust Award

RackTop’s flagship BrickStor CyberConverged platform for storage and security shortlisted as Best
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TEDCO portfolio company Protenus to expand, move HQ to Brown's Wharf in Fells Point

The health data security company outgrows offices near Little Italy and moves to Fells Point
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How BurnAlong, a TEDCO portfolio company, Is Pioneering a New Approach to Wellness (That Actually Sticks)

This widespread adoption is a reflection of BurnAlong's remarkable engagement. "Engagement in
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Modernization Through Digital Transformation

When modernizing the learning ecosystem, L&D leaders have a vast landscape of tools from which to
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Cybersecurity firm Syncurity closes $2M seed round of institutional investment

TEDCO portfolio company, Syncurity, closes $2M seed round funding
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New fund could create infrastructure for Md.’s innovation economy (could be housed at TEDCO)

Gov. Larry Hogan unveiled plans for a Maryland Technology Infrastructure Fund at his Opportunity
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Maryland still outpacing California among nation's best science, tech environments, report finds

The Milken report also made a nod to the Maryland Technology Development Corp., or TEDCO, which
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Hogan is proposing legislation to invest $16 million in a new Maryland Technology Infrastructure Fund

The Maryland Technology Infrastructure Fund to be housed at TEDCO
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PGDx, a TEDCO portfolio company, signs a pair of partnerships as it looks to expand ‘kitted’ cancer tests

Personal Genome Diagnostics is starting off the year with news of a pair of partnership agreements
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These Three Pioneering Women in Bio Share Their Stories at First WIB HERStory Gala

Women In Bio (WIB) held their 1st annual HERStory Gala this past December
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Money comes for Maryland tech startups

Maryland took a couple of big steps forward in 2018 toward becoming the sleeping tech startup giant
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MII Public Meeting Notice 1-10-19

* * PUBLIC MEETING NOTICE * * Maryland Innovation Initiative WHAT: The Maryland Technology
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Photo of TEDCO CEO George Davis and others in offices

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