Cybersecurity firm Lookingglass closed a $20 million Series B funding round. The round was led by Neuberger Berman, and supported by Alsop Louie Partners. The company, which has an office in Canton, recently completed the acquisition of CloudShield, which will more than double its workforce.
Neuronascent sold $1.2 million in equity, according to an SEC filing. The Clarksville-based biotech company has a candidate therapeutic to treat Alzheimer’s.
Three Baltimore-area companies received $100,000 as part of the first allocation of TEDCO’s Cybersecurity Investment Fund, as Technical.ly Baltimore reported. Didn’t get picked yet? TEDCO President Rob Rosenbaum told Baltimore Business Journal that the fund will invest in about nine companies this year.
WHO’S MAKING MOVES
Katrina Stevens has a new job in Washington. Stevens, a key organizer in Baltimore’s edtech community, recently began a new job as Senior Advisor in the U.S. Department of Education’s Office of Educational Technology. Stevens most recently served as Executive Director of EdTech Maryland, where she will remain an advisor. She also worked as organizer of EdTech Summits for EdSurge, for which she helmed the Baltimore Tech for Schools Summit last month. The announcement on EdSurge showed a picture of Stevens’ former boss — EdSurge founder Betsy Corcoran — playing tug o’ war with her new boss — Office of Ed Tech Director Richard Culatta.
Spark, the new coworking space at Power Plant Live, already has its second tenant. Staq relocated to office space a floor above the current home of DreamIt Health Baltimore. Cofounder Mike Subelsky emails the adtech company was introduced to the landlords at the Cordish Companies through officials with the accelerator program.
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Amid new education offerings, Betamore announced a partnership with UMBC Training Centers. The Federal Hill-based incubator will offer an eight-week Certificate in Project Management Course starting this spring. Learn more here.
A release from U.S. Rep. Dutch Ruppersbeger’s office announced that the Baltimore County Congressman held a cybersecurity roundtable on Monday with Maryland Secretary of Business and Economic Development Mike Gill, NSA officials and a host of principals from Maryland companies. We got the list of the companies who attended: CyberCore Technologies, FireEye, Inc., Dynamics, L-3 Communications, Leidos, Lockheed Martin, ManTech, MITRE, Northrop Grumman, Praxis Engineering, Raytheon, Serco, Ultra Electronics SIS, TASC and Ventura Solutions. Topics included how to fill the 20,000 job openings that are reportedly available in Maryland, and how to build infrastructure to better accommodate the younger workforce.
After passing it the first time, Baltimore City Council turned around and failed to pass the final vote on a bill that would’ve required restaurants to post grades in their windows, and in an online database. That means it’s back to the drawing board for Councilman Brandon Scott after a two-and-a-half year effort. And since there won’t be any records posted online, Matthew Eierman and HD Scores still won’t get to work in their hometown.