Maryland Poaches Up-and-Coming Cybersecurity Startup From Virginia
The $100,000 will be immediately used to hire a larger staff, sign an office lease and further develop Bricata Threat Exchange (BTX), Bricata CEO and co-founder John Trauth told DC Inno. BTX is a cloud infrastructure platform that provides highly scalable systems that will isolate and process suspected cyberthreat data.
The Army Research Lab (ARL) Incubator Opportunity will enable Bricata to use laboratory space at the Adelphi Laboratory Center for one year beginning in June 2015. It also means that ARL will negotiate a Cooperative Research and Development Agreement (CRADA) with Bricata. While the incubator opportunity means that Bricata will be offered a host of utilities and a collaborative co-working space, the most advantageous aspect of the program may be its direct network to collaborate with Army scientists and engineers.
“We believe the interaction with the Army scientists and engineers to be the most strategic aspect of the opportunity. Being exposed to these folks will undoubtedly spur innovation, thought leadership, and provide direction of where the market is headed, both Federally as well as Commercially,” Trauth told DC Inno
Trauth said that the company recently secured a lease with bwtech@UMBC, University of Baltimore County’s research & technology park. The startup will be opening its office in Baltimore, Md., on June 1. In addition, Trauth said that, “If sales materialize like we think they will, we will be hiring 16 new full time employees by the end of 2015. These will be folks involved in Sales, both Inside and Outside, Pre-Sales Engineers, BTX Engineers, and Code Developers.”
Read more at http://dcinno.streetwise.co/2015/05/14/maryland-poaches-up-and-coming-cybersecurity-startup-from-virginia/
