Cyber technology company brings 10 jobs to Maryland, anticipates rapid growth
BALTIMORE, MD (April 5, 2018) –
ID Agent, a provider of Dark Web monitoring and identity theft protection solutions, recently opened its headquarters in Maryland. The company relocated from Washington, D.C. to Bowie and selected a 3,000 square-foot space in the Melford Business Park that it plans to expand within the next two months. With this move, the company will bring 10 jobs to Maryland and anticipates doubling its workforce in the coming year.
After operating for 14 years as part of Winvale, located in Washington, D.C., ID Agent strategically moved to Maryland for its direct access to a specialized and talented workforce, affordable cost of living, and central location. ID Agent has applied for the state’s Job Creation Tax Credit, administered by the Maryland Department of Commerce.
“This move made critical sense to our growth plan and recruitment efforts. There are thousands of commuters who travel along Route 50, and we can attract the best of the best of those seeking a 20- minute drive, as opposed to an hour on a good day,” said Kevin Lancaster, chief executive officer. “Maryland is a great place to be, especially when it comes to cybersecurity.”
ID Agent has experienced exponential growth over the past year, which Lancaster said was another determining factor in making the move to Maryland. Over the past 10 months, the company has grown its IT client list from two companies to more than 570 companies, demonstrating the crucial need for the company’s data theft prevention solutions. ID Agent currently has two main products: Dark Web ID™, a SaaS platform used to search and pro-actively monitor for compromised business data; and SpotLight ID™, a customizable and comprehensive personal identity and credit monitoring solution that employers can offer to customers and employees.
“We are pleased to welcome ID Agent to the cyber capital of the nation,” said Governor Larry Hogan. “With a strong cybersecurity industry supported by 115,000 technology warriors and an array of business-friendly tax credits and programs, our administration continues to ensure that companies have the resources they need to grow and thrive in Maryland.”
“Prince George’s County is proud to welcome ID Agent to its growing cyber security community,” said Prince George’s County Executive Rushern Baker. “Their decision to place their headquarters in the strategically located Melford Business Park allows them to connect with a talented local workforce and benefit from competitive pricing, while maintaining proximity to Washington D.C., the University of Maryland, the National Security Agency, and critical linkages.”
“ID Agent’s security solutions are critical to the 21st century and can protect millions of those threatened by identity and data theft,” said Maryland Commerce Secretary Mike Gill. “We are excited that they chose Maryland for our talented technology workforce, as well as our strategic location and critical mass of cyber assets and resources.”