Baltimore's four startup strengths: Greg Cangialosi on WYPR [AUDIO] - Technical.ly Baltimore

Growth

Apr. 14, 2014 8:15 am

Baltimore’s four startup strengths: Greg Cangialosi on WYPR [AUDIO]

Adtech, edtech, health IT and cybersecurity: the four pillars of the Baltimore region's technology sector.

Baltimore city’s technology sector is “booming” and “building momentum,” said local tech business leader and MissionTix CEO Greg Cangialosi on WYPR‘s Midday.

Cangialosi, the founder of e-mail marketing company Blue Sky Factory — which he sold in July 2011 — said there are four main industries that set Baltimore’s tech market apart:

  • Advertising technology
  • Cybersecurity
  • Education technology
  • Health IT

The Baltimore Angels cofounder’s take on Baltimore city’s tech scene is one that’s often repeated. Edtech, adtech and cybersecurity thrive in the Baltimore region because of exits by larger companies (Moodlerooms in edtech, Advertising.com in adtech, and Sourcefire in cybersecurity) and, in cyber’s case, proximity to the U.S. national security apparatus that is Fort Meade. Health IT is beginning its climb, helped out in large part this year by the launch of the DreamIt Health Baltimore accelerator for healthcare startups.

Listen to the full Greg Cangialosi interview on Midday here.

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More interesting, perhaps, is the biographical information Midday host Dan Rodricks discusses with Cangialosi over the course of the 50-minute interview. While Cangialosi is now a self-proclaimed serial entrepreneur, the University of Maryland, Baltimore County, alumnus started his career running his own concert promoting business. And when Cangialosi finally cofounded Blue Sky Factory in 2001, he faced a setback four months later when he and his cofounder had to lay off all six people they had just hired.

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