Why? Because Port Covington has it all: prime waterfront location, connectivity, an abundance of existing dynamic tech talent and an entrepreneurial ethos focused on future growth,” said lead Port Covington developer Marc Weller, partner of Weller Development Company.ĭataTribe’s co-founder, Mike Janke, even called Port Covington the future “Cyber Town, USA.” He noted that Maryland has the largest cyber workforce in the world, with more than 109,000 cyber-related engineering and data science professionals. “These businesses are leaving Silicon Valley, an area thought to be the nation’s tech capital, in order to become part of something new and exciting here. And Evergreen Advisors, based in Columbia, Maryland, is an investment banking and corporate advisory firm. AllegisCyber is one of the oldest Silicon Valley early-stage cybersecurity venture capital firms. DataTribe is a globally-known cybersecurity startup studio. Two of the three already have a presence in Silicon Valley. On Thursday, developers, Maryland Governor Larry Hogan, and Baltimore Mayor Catherine Pugh announced that three major cybersecurity firms are relocating and expanding to the waterfront property. A development company owned by Under Armour founder Kevin Plank announced plans to redevelop it in 2016.Ī rendering of the Port Covington redevelopment by Weller Development Company When the terminal closed, it sat vacant for decades, and more recently housed a Walmart.

Port Covington, on the Middle Branch of the Patapsco River, started as a railroad terminal in the early 20th century. South Baltimore’s new waterfront redevelopment, Port Covington, is poised to become a national “leading cybersecurity and technology hub,” city and state leaders say.

The founders of cybertown