Identity-protection firm opens $30M offering [Cybersecurity Roundup] - Technical.ly Baltimore

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Jul. 8, 2014 12:52 pm

Identity-protection firm opens $30M offering [Cybersecurity Roundup]

This is the Cybersecurity Roundup, a weekly look at what's going on in Maryland's fast-growing cybersecurity sector.

Pasadena, Md.-based Identity Checkpoint opened up a $30 million equity offering, its first, according to an SEC filing. No investors have yet come aboard, according to the filing. Identity Checkpoint offers an identity protection service that prompts users to authorize any changes to accounts and assets, with the goal of limiting damage from identity theft.

The Central Maryland IT/Cyber Consortium is using a recent state grant to fund a training program with apprenticeships for prospective cybersecurity professionals, as Technical.ly Baltimore reported.

RedOwl Analytics in Federal Hill raised $4.6 million in a round of Series A funding, as Technical.ly Baltimore reported. Among the investors was TEDCO Capital Partners’ new Veterans’ Opportunity Fund.

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