“The MVF investment in Attila demonstrates our renewed focus on investing in companies where our dollars can have a meaningful impact on a company’s ability to scale and hire in an industry sector which is critical to Maryland’s long-term economic development." - Elizabeth Good-Mazhari
COLUMBIA, Md. (PRWEB) March 10, 2020
Attila Security, a leading provider of solutions that help governments and enterprise secure access to their networks and data, announced today that it has received an investment from TEDCO’s Maryland Venture Fund (MVF).
TEDCO participated in Attila’s seed round, which was led by Fulton, MD-based DataTribe, and has now followed that up with a $750,000 investment by MVF in the company’s Series A round. Additional investors in the company include Bull City Venture Partners and Blu Venture Investors.
“The MVF investment in Attila demonstrates our renewed focus on investing in companies where our dollars can have a meaningful impact on a company’s ability to scale and hire in an industry sector which is critical to Maryland’s long-term economic development. It also represents our ability to continue to fund early-stage companies through their most critical stages – from seed through Series A – alongside a robust network of regional investors,” said Elizabeth Good-Mazhari, interim managing director of the Maryland Venture Fund.
“Security is complicated. Attila Security’s mission is to make it easy by providing organizations and their people with secure ways to stay connected,” said CEO Gregg Smith. “Maryland Venture Fund has been an invaluable partner to us, beginning with TEDCO’s investment in our seed round. Since that time, we have doubled the number of people we employ in Maryland, and we are excited to have their support as we continue to grow our business and team in the State.”
Founded in 2018 with ten employees, Attila has grown to a team of more than 25 and is making waves with its GoSilent platform, which makes top secret level, secure network connectivity accessible to organizations of any size. DCA Live has named Attila a “Red Hot Cyber” company and the company was recently named a finalist for the Maryland Tech Council’s Emerging Technology Company of the Year award.
TEDCO enhances economic development growth through the fostering of an inclusive entrepreneurial and innovation ecosystem. TEDCO discovers, invests in, and helps build great Maryland-based technology and life science companies. Learn more at http://www.tedco.md.
About Attila Security
Based in Columbia, MD, Attila helps organizations ensure their networks and data are securely protected. Our focus has been solving and simplifying complex network security challenges since our inception. Attila’s award winning GoSilent technology was originally developed to protect government leadership and enterprises from advanced cyber threats, man in the middle attacks and foreign adversaries.
Today, the Attila platform offers the highest level of network security of any cloud-based environment, protecting data in-motion and at rest. Attila customers can choose to deploy on our global cloud network or leverage our NIAP certified virtual servers to overlay existing networks.
Learn more at http://www.attilasec.com.