The MasterPeace Solutions accelerator is spinning out new startups - Technical.ly Baltimore

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May 16, 2017 1:00 pm

The MasterPeace Solutions accelerator is spinning out new startups

The Columbia firm is providing space and resources for its employees to work on products. Last week, the program held its first demo day. Here's what stood out.

Drew Cohen, CEO of MasterPeace Solutions.

(Courtesy photo)

Six months after spinning out its first companies, MasterPeace Launchpad held its first demo day last week.

As we reported in the fall, the accelerator program provides space and support for startups within the walls of Masterpeace Solutions’ Columbia offices. The program is designed to help new technology develop out of the firm.

Take Zuul. The company is looking to address the many security risks that come with having sensors and other IoT devices in the field. Founder Edward Stanford said the platform can configure a company’s IoT devices automatically. Teams from SpoT-IT and MasterPeace Network Audio Multiplexer also presented, and Cohen said two new companies are in the pipeline to launch.

The accelerator also brings a new focus on product for the firm. To that end, the company also created a products division within its own structure, said managing director Nate Lesser.

Showing that the wider tech community is engaged, the event featured remarks from Tenable Network Security cofounder Ron Gula and Brian Corbett, director of TEDCO’s Seed Investment Fund.

It’s another example of an effort to build resources around the cybersecurity talent that exists in Maryland to form new companies.

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