Silicon Valley–based, Cybersecurity-focused Investment Firm Opens Maryland Office

Bob Ackerman

After its founder jumpstarted an effort to create more cybersecurity startups out of technology developed at Maryland government agencies, a Silicon Valley venture firm is opening an office to seek out cybersecurity companies in the state.

AllegisCyber, known until recently as Allegis Capital, is opening an office in Fulton, according to a press release. It will be colocated with DataTribe, which was cofounded last year by Allegis’ Bob Ackerman to help entrepreneurs leaving agencies such as NSA and John Hopkins Applied Physics Lab.

The firm’s goal is to expand its investments in Maryland. The release points to data showing that the D.C. area has “3.5 times as many cyber engineers as the rest of the U.S. combined.” Tapping that talent to create startups has become a big push as breaches have made plain the need for fast cyber growth.

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