Lookingglass is very well positioned in the cyber security space. We are delighted that they have decided to reside in Baltimore City
Baltimore, MD (Vocus) September 8, 2010
The Emerging Technology Centers (ETC), Baltimore’s technology incubator, announced Lookingglass Cyber Solutions’ graduation from the incubation program. Lookingglass, a cyber security software company, entered the ETC in January 2007 after selecting Baltimore for its headquarters. Baltimore’s growing reputation as the epicenter of the cyber security industry was a natural choice for this up and coming company.
ETC, a venture of the Baltimore Development Corporation (BDC), currently has 72 companies enrolled in its incubation program and has graduated a total of 134 companies since 1999. Lookingglass is the first cyber security software company to graduate from the ETC and joins recent alumni including Millennial Media, Welldoc Communications and OTO Networks, all whom continue to reside and operate out of Baltimore.
“Lookingglass is very well positioned in the cyber security space. We are delighted that they have decided to reside in Baltimore City,” said M.J. “Jay” Brodie, president of BDC. “They are one of the key companies that will help Baltimore to stay in the center of the accelerating growth of this important sector.”
“We would like to commend Lookingglass for their hard work and perseverance” said Ann Lansinger, President of ETC. “We look forward to continuing success for the company in the future.”
During the past three years at ETC, Lookingglass has accomplished considerable success, as it has grown from a software startup to a successful, stable, and profitable security software company. Lookingglass was launched with an initial private investment of $2.65M. Today, the company has a strong customer base including major federal agencies, government integrators and financial institutions. Lookingglass was recently recognized at the Maryland Incubator Company of the Year event with the Best Homeland Security Company award. Lookingglass will relocate to S. Kenwood Street in Baltimore.
“We look forward to establishing our company identity at its new location in Baltimore,” said Derek Gabbard, CEO of Lookingglass. “We especially want to thank the ETC for all of their support that allowed for Lookingglass to grow.”
Homeland defense, critical infrastructure, and financial institutions are in dire need of capabilities that enable them to keep one step ahead of malicious Internet activity. Lookingglass’ ScoutVision™, an award-winning analysis, correlation and visualization technology, provides a view of Internet infrastructure, activity and connections essential to those organizations responsible for protecting and sustaining critical infrastructure. ScoutVision™, allows corporations to monitor networks and infrastructure they are not in control of, but rely heavily upon for day-to-day operations.
About Emerging Technology Centers
The ETC, a venture of the Baltimore Development Corporation, is a non-profit business incubator focused on growing early-stage technology and biotechnology companies. The ETC promotes economic development, providing business, technical, and networking connections to help these companies grow and prosper – adding to both the job and tax base of Baltimore City. To date, ETC client companies have received over $1 billion in funding and have been issued over 250 patents. Since 1999 ETC has provided assistance to 206 companies of which 72 are current companies. Eighty percent of its graduate clients are still in business.
Lookingglass delivers the industry’s first Global Cyber Situational Awareness Internet-to-Enterprise network intelligence platform, offering a real-time virtual, physical and contextual view of the global Internet extending into the enterprise. Lookingglass solutions support a wide range of government and commercial applications, including critical infrastructure protection and network security, all empowering cyber intelligence professionals to gain insight into potential cyber threats and thwart attacks.
Lookingglass’ core product, ScoutVision™, allows clients to understand, monitor, and put into perspective the threats imposed upon the enterprise by those occurring throughout the global Internet. ScoutVision™ helps emergency responders predict and monitor impacts to the Internet and critical communications infrastructure during physical terror attacks, natural disasters, and other destructive catastrophes. Lookingglass was founded in 2006 and is based in Baltimore, MD. More information is available at http://www.LGScout.com.