Artificial intelligence platform supports developers with automated product security engineering
COLUMBIA, Md., (May 22, 2025) — TEDCO, Maryland’s economic engine for technology companies, announced a recent $1.5 million Cybersecurity Investment Fund (CIF) investment in Pixee. CIF is part of the Seed Funds family and is dedicated to investing in cybersecurity and information technology companies across Maryland.
“Writing secure software today, is no easier than it was five years ago and in many ways it’s even more difficult,” said Surag Patel, co-founder and CEO of Pixee. “By focusing on capabilities like automated, production-ready code fixes directly into developer workflows and automating expert triage for security, we are working to offload time consuming, manual and expert tasks that burden development and security teams. We want shipping secure code to be free of a tax on all teams involved. TEDCO’s investment is allowing us to continue forward, scale our team in Maryland and reach more enterprises who value application security.”
Pixee, located in Baltimore, Md., was started to empower enterprise security teams with the platform necessary to match the velocity of software development in today’s generative artificial intelligence (AI) coding era. To do this, the company designed a platform that should integrate directly into developer workflows to create ready-to-merge code improvements that remediate vulnerabilities. The platform seeks to automate expert review of all code scanner findings and provide personalized recommendations on the validity of findings, thus eliminating noise in the code scanner results. Designed with security-conscious enterprises in mind, the platform is offered with an on-premises deployment option in an effort to help keep customers’ sensitive data, intellectual property and source code under the customer's control.
“Pixee’s drive to innovate and improve day-to-day processes is just one example of what TEDCO looks for in our portfolio companies,” said Teddy Gresser, director of TEDCO’s Seed Funds. “Our Seed Funds are an extension of this goal, regularly identifying, investing in and supporting the growth of entrepreneurs who are passionate about building exceptional companies.”
As the home of the Cyber Maryland program, TEDCO is familiar with the exponential impact Maryland’s cybersecurity ecosystem has across the globe.
“Maryland is not only home to the top concentration of STEM researchers and workers in the country, but the state is also the epicenter of cybersecurity talent worldwide,” TEDCO CEO, Troy LeMaile-Stovall, explained. “This reality has led us to invest in creating a more sustainable and efficient structure for our workforce pipeline. In return, we are excited to continue enabling cybersecurity businesses’ growth and success. If you’re an entrepreneurial spirit looking for cybersecurity business success, look no further than Maryland as your company’s new home.”
To learn more about our funds and the application process, look for our next Investment Open Forum on our events calendar or visit tedcomd.com/funding.