DC area cyber community is steadily attracting more interest from venture capitalists
“D.C. has always been dwarfed by rival technology hubs when it comes to investment dollars, a shortcoming that has caused the region to lose some of its fastest-growing companies.
But in one corner of the digital ecosystem, that gap is closing quickly.
Venture capitalists cut 28 cybersecurity deals with companies based in D.C., Maryland and Virginia last year compared to just 14 in 2011, according to an analysis of Pitchbook data by the National Venture Capital Association. There were nine such deals in the third quarter of 2016 alone, capping off the busiest summer in recent memory for cybersecurity investors. Almost all of them have been for companies in Maryland or Virginia.”