Startups
Cybersecurity / Funding / Startups

Howard County–based Blackpoint Cyber raises $6M

Adelphi Capital and Telcom Ventures led the round. The company is looking to expand sales and marketing.

Blackpoint Cyber is looking to grow. (Photo courtesy PRNewsfoto/Blackpoint Cyber)
This story was updated at 11:30 a.m. on 5/29/18.

Blackpoint Cyber announced $6 million in new funding on Tuesday.
The investment round for the Howard County company was led by Adelphi Capital and Telcom Ventures, with participation by the Maryland Venture Fund.
Founded by Jon Murchison, Blackpoint makes a platform called SNAP-Defense, which provides a map of a network and devices. According to the company, the platform detects potential threats and provides alerts. It also allows an analyst to “detain” the device which is targeted with one click, effectively knocking it offline to stop a potential attack from spreading.
“We were attracted to Blackpoint because they meet our criteria of having an innovative and effective product that solves some of the largest problems in cyber today – having too many products that are not integrated and do not provide complete asset visualization,” Tom Donohue Jr., the President of Adelphi, said in a statement.
Earlier in 2018, the company released a feature allowing Managed Security Service Providers to use the platform for multiple clients, and separately launched a module for securing Internet of Things devices.
Currently operating with a team of 12 people, the company plans to use the funding to expand sales and marketing efforts so it can expand in the U.S. and international markets, according to a news release.

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.
The journalism fund Preferred partners Our services
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

Public innovation should be an icon in Baltimore, like crabs or snowballs

5 local orgs with services and resources for startups and entrepreneurs

How 3 local orgs help founders and entrepreneurs build their networks

The end of software as technology

Technically Media