Then, discover the latest financial trends shaping Baltimore and DC's tech landscape in our latest "Money Moves" installment, which you can read more about below. Every third Wednesday, we unpack the raises, grants, contracts, mergers and other funding news from tech companies across our region. Have a tip for next month's edition? Share it with us at Baltimore@technical.ly and stay plugged into the pulse of innovation.
In addition, you'll catch another installment in our Early Employee's Month editorial calendar. Read on for more!
— Alanah, Technical.ly lead reporter for Baltimore
Pic of the Day: Found a pay phone on Charles Street close to North Avenue. (Alanah Nichole Davis) Want to see your photo here? Hit reply and send in your submission.
Yooo, Baltimore makes money moves.
In the latest Money Moves column, Baltimore and DC's broader tech scene is abuzz with significant developments. Highlights include Haveli Investments' acquisition of ZeroFox, Impact Analytics' substantial investment round and xFoundry@UMD's competition focusing on school safety solutions. Stay informed about the latest regional funding news, including AstraZeneca's expansion plans, Sunstone Credit's acquisition, the acquisition of Allovue, the massive Capital One-Discover acquisition and Loric Games' recent investment round.
ZEROFOX CEO JAMES FOSTER (CENTER) SMILES WHILE CELEBRATING RINGING THE NASDAQ STOCK EXCHANGE'S CLOSING BELL ON AUG. 4, 2022. (PHOTOGRAPHY COURTESY OF NASDAQ, INC.)
Should we stay at home or go back to the office?
This article delves into the dynamics of remote work versus returning to the office within Philadelphia's tech companies. It's particularly relevant to recent discussions in Baltimore, especially with what a mayoral candidate shared with our tech community last week.
Paige Gross, a Technical.ly alum, highlights case studies of companies like Crossbeam, QuotaPath, Cesium and Common Paper to illustrate the various approaches taken in response to factors such as recruiting, growth, cost and culture. As both cities navigate the post-pandemic workplace landscape, the article invites readers to reflect on their own company's return-to-office policies, tying into ongoing discussions in Baltimore's tech scene.
FILMMAKER NEIL HALLORAN PRESENTS DURING PHILLY DATA VIZ MEETUP'S SEPTEMBER 2023 EVENT AT CESIUM HQ. (COURTESY CESIUM)
News incubator: What else to know today?
• As referenced in one of our prior articles: Folks are converting a mansion in Baltimore into a social club for entrepreneurs. Is it something we need? What are your thoughts? [Baltimore Business Journal]
• ChatGPT, OpenAI's groundbreaking chatbot, is facing stagnation as its web traffic has declined in five of the last eight months. It's currently down 11% from its peak in May 2023. [The Wrap]
• In this clip from the No Pix After Dark podcast, Dr. Tammira Lucas discusses the power of collaboration with Baltimore tech companies. The full episode is now available on Apple, Spotify and YouTube. [Instagram/YouTube]
• Efforts to restrict police use of facial recognition technology are gaining momentum in the Maryland General Assembly. [Baltimore Sun]
• "We will invest in industries of the future, like life sciences, biotech and cyber," said Governor Wes Moore in his State of the State Address earlier this month. [State of Maryland]
Arti Santhanam, Al Delia and Michael Flinn discuss MII’s vision for fostering intellectual property generation in comprehensive universities across Maryland.
🗓️ On the Calendar
• BDEC’s 2nd Annual Maryland Digital Equity Day on Feb. 27! [Details here]
• AI Fireside Chat: Shaping a Future of Equitable Learning and Work with JFF Ventures’ Innovators on Feb. 26. [Details here]
• Open Works has a new member orientation this week. [Details here]
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