“What’s next for Baltimore? Think start-ups.”
That’s the headline on a new report from CNBC, which looks at TEDCO’s focus on seeding lots of early-stage companies with smaller investments.
TEDCO President Rob Rosenbaum says in terms of volume of deals, “TEDCO is head and shoulders above almost everybody.”
Waving the flag for Charm City startups is Citelighter and CEO Saad Alam. The edtech company, which recently graduated from Betamore and moved to new Federal Hill offices, has revenues in the multimillion-dollar range, Alam told the San Francisco-based reporter who filed the story.
Alam recounted how the company’s founders moved from New York and were introduced to key influencers in Baltimore:
Read the full storyThrough [former] T. Rowe Price executive John Cammack, Alam was introduced to executives with experience in education, including Jeff Cohen, a former CEO of Sylvan Learning, Doug Becker, chairman and CEO of Laureate Education, and venture capitalists with experience growing edtech start-ups, including the founder of venture firm New Enterprise Associates, Frank Bonsal Jr.
Before you go...
Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.
3 ways to support our work:- Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
- Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
- Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!
Meet Baltimore's winners in the 2024 Technical.ly Awards
Leadership lessons from Baltimore’s Key Bridge collapse, a defining crisis event
Interactive timeline: top moments from Baltimore’s challenging yet inspiring year in tech
