Startups
Acquisitions / Cybersecurity

Columbia-based company acquires Deep Run Security

Convergence Technology Solutions wanted to add the startup's risk analysis tool.

Bricata wants to help keep more networks safe from cyberharm. (Information security concept by Ensuper via Shutterstock)

Cybersecurity acquisitions in the area continue their strong start in 2017.
In the latest deal, Columbia’s Convergence Technology Consulting acquired Deep Run Security, a Baltimore-based company founded in 2014. Terms were not disclosed.
Convergence CEO Larry Letow said the 15-year-old company with clients in government and commercial sectors wanted to add Deep Run’s cyber risk analysis tool to its existing security offerings, which also include insider threat software. Deep Run’s tool, called Spectrum, provides a company with info on their security weaknesses and strengths. It’s something that Letow said clients were requesting.
“That was really important to our cyber suite of products,” he said. “We didn’t have that.” It allows them to “go to clients and provide them with an evaluation against a standard,” like a scorecard, Letow said.
The two companies struck a partnership in the fall, and decided to join forces after seeing how the technology and philosophy complemented each other.
“We both have the same focus on the customer,” Letow said.
With the move, Deep Run’s half-dozen employees are moving from offices at 8 Market Place to Convergence’s offices on Alexander Bell Drive in Columbia. Deep Run Security was founded by Gerry Merry, a former exec in IT at Jos. A. Bank.
Letow said the companies plan to keep the Spectrum name in the immediate future.
Convergence Technology Solutions also has services around infrastructure and managed IT services.

Engagement

Join the conversation!

Find news, events, jobs and people who share your interests on Technical.ly's open community Slack

Trending

‘Shark Tank’ reruns and mentorship prepared Baltimore entrepreneur for her primetime moment

Baltimore daily roundup: B-360's policy moves; a foundation's fight for financial inclusion; Digital Navigator training

Baltimore daily roundup: Johns Hopkins dedicates The Pava Center; Q1's VC outlook; Cal Ripken inaugurates youth STEM center

Baltimore daily roundup: Scenes from an epic Sneaker Ball; Backpack Healthcare in Google AI accelerator; local tech figures' podcast

Technically Media