The Cybersecurity Association of Maryland, Chesapeake Regional Tech Council (CRTC), Startup Maryland, Maryland Department of Commerce and Montgomery County Economic Development Corp. recently announced Efflux Analytics, of bwtech@UMBC, as the Grand Prize Winner of the inaugural Maryland Cyber Day pitch competition.
To be eligible for the competition, Maryland cybersecurity technology innovators submitted detailed business and product information via an online platform, which was reviewed and scored by industry experts. Six companies were selected as “Top 10” finalists; the remaining four were selected from the technology companies that pitched at various stops on Startup Maryland’s “Pitch Across Maryland” bus tour.
Each finalist was given the chance to showcase its innovative cybersecurity technologies to more than 150 commercial and government cybersecurity product buyers, potential investors and cybersecurity industry professionals at the Cyber Solutions Marketplace on Maryland Cyber Day, Oct. 5, at the National Cybersecurity Center of Excellence (NCCoE) in Rockville. The Top 10 were eligible to win a $10,000 grand prize.
The 10 finalists included the following.
- CyVision Technologies Inc.
- Efflux Systems (grand prize winner)
- SecuLore Solutions (second place)
- Point3 Security (third place)
- Untethered Labs
“The companies that presented at the Cyber Solutions Marketplace showcased Maryland’s dominance of the cybersecurity market, as evidenced by the high-level investors that traveled great distances to hear our companies pitch,” said Tami Howie, executive director of the CRTC.