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TEDCO Joins $15M Seed Round for AI-Based Cybersecurity Startup Pixee

Baltimore-based Pixee, which aims to automate the last mile of application security from alerts to resolution, has closed a $15 million seed round led by Decibel and Wing VC, both of Palo Alto, Calif., with participation from the Maryland state technology development agency TEDCO, Brazil’s PrimeSet and strategic investors, including GitHub engineer Zach Holman, HackerOne founder Alex Rice and Brian Chess, Oracle’s senior vice president of Cloud Operations.

Posted May 27, 2025

About TEDCO

TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.

Media Contacts

Tammi Thomas, President, TEDCO, tthomas@tedcomd.com

Rachael Kalinyak, Associate Director, Marketing & Communications, TEDCO, rkalinyak@tedcomd.com