Columbia

Maryland-based company developing workplace management applications for cybersecurity professionals

COLUMBIA, Md., (July 7, 2025) — TEDCO, Maryland’s economic engine for technology companies, announced a recent $500,000 State Small Business Credit Initiative (SSBCI) investment in Balance Theory. The SSBCI funds allocated to TEDCO flow through all of the fund programs; this investment came from the Seed Funds.

Balance Theory, located in Fulton, Md., focuses on enabling cost-saving opportunities for leaders in the cybersecurity industry. The company works to align spending with strategic priorities to support professionals in strengthening security while optimizing costs.

“TEDCO’s dedication to uplift the technology and life sciences ecosystems can be seen across the different investments made and resources offered,” said Teddy Gresser, senior director, Seed Funds, TEDCO. “This investment in Balance Theory supports this effort, and we hope to see their continued growth.”

Previously, Balance Theory received an investment from the Cybersecurity Investment Fund, another fund nestled under the Seed Funds umbrella.

“Cybersecurity businesses looking to grow have more than enough reason

s to do so in Maryland,” said TEDCO CEO Troy LeMaile-Stovall. “We are the number one location for cyber talent, globally; we are ranked second for professional and technical workers; and we have more than 20 NSA/DHS-certified Centers of Academic Excellence to help create a workforce that will fuel the future.”

For more information, visit our page at tedcomd.com/funding
 

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 Contact
Tammi Thomas, Chief Development & Marketing Officer, TEDCO, tthomas@tedcomd.com
Rachael Kalinyak, Associate Director, Marketing & Communications, TEDCO, rkalinyak@tedcomd.com