TEDCO Successfully Exits Portfolio Company, Blackpoint Cyber
TEDCO, Maryland’s economic engine for technology companies, announced the successful exit of its portfolio company, Blackpoint Cyber, an Ellicott City, Md.-based, technology-focused cybersecurity company providing its security ecosystem via managed service providers (MSPs). Blackpoint received a $190 million growth investment led by Bain Capital Tech Opportunities, with participation from Accel and others.
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.
Tammi Thomas, President, TEDCO, tthomas@tedcomd.com
Rachael Kalinyak, Associate Director, Marketing & Communications, TEDCO, rkalinyak@tedcomd.com