Washington, D.C.–based cybersecurity investment firm Strategic Cyber Ventures released its first annual report on The State of 2018 Cybersecurity Investing that includes some key findings about the DMV.
When pulling together these findings, the firm said it was “somewhat surprised by how disproportionate funding was towards Virginia and Maryland.” Strategic Cyber Ventures reported that it expected Maryland and Virginia to command most of the region’s investment, but only $80 million of nearly $1 billion in funding went to D.C. venture-backed startups over in the last four year period that it gathered data on.
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