Blu Venture Investors

Blu Venture Investors is a venture capital and private equity firm focusing on seed and early-stage technology investments and related special situations such as acquisitions and spin-offs. It backs software, SaaS, cybersecurity, Internet of Things, digital media, and technology companies across B2B and B2C models, with interest in materials, chemical and biological sciences, and solutions for defense, homeland security, and intelligence communities. The firm targets the mid-Atlantic region—Maryland, Virginia, Washington, D.C., and North Carolina—and typically invests between $50,000 and $3 million per round, often syndicating larger rounds with partners. It aims to take majority stakes and provides board seats, advisory support, and, when needed, C-level executives. Founded in 2010 and headquartered in Vienna, Virginia, Blu Venture Investors combines capital with active mentorship from experienced operators to help early-stage companies scale.

Eric Adler

Principal

Bikram Bakshi

Partner

Lily Bengfort

Partner

Keith Bozeman

Principal

Joe Callanan

Partner

Michael Denning

Partner

Benjamin Ebenezer

Principal

Bill Fields

Venture Partner

Deb Fitzgerald

Partner

J.S. Gamble

Principal

Matt Gittleman

Principal

Donya He

Partner

Howard Horowitz

Venture Partner

Pradeep Kaul

Principal

Sassan Kimiavi Ph.D

Partner and Innovations Investment Committee Member

Mike Kostoff

Principal

Pawan Malhotra

Partner and Member of Executive Committee, Cyber Fund Investment Committee and Innovations Investment Committee

PK Malhotra

Principal

Joshua Miller

Associate

Josh Miller

Senior Associate

Kim Nguyen

Partner

Theodore Olsen

Venture Partner

Bob Proctor

Partner

Hal Shelton

Principal

Paul Silber

Principal

Robert Struble

Partner and Cyber Fund Investment Committee Member

Michael Sutton

Principal

Tarun Upadhyay

Partner and Member of Cyber Investment Committee

Pradeep Wahi

Partner

Past deals in Maryland

BreachBits

Seed Round in 2024
BreachBits is a cybersecurity company that delivers cloud-based security solutions and a SaaS cyber risk and penetration testing platform. Incorporated in 2018 and based in Annapolis, Maryland, the company offers an adaptive, continuous cyber risk assessment that simulates real-world attacks to identify vulnerabilities and security gaps. Its platform uses automation and artificial intelligence and applies hacker tradecraft to monitor an organization, helping to improve security decisions and response times.

PediaMetrix

Seed Round in 2023
PediaMetrix is a pediatric health technology company that develops AI-powered cranial measurement and monitoring tools to detect and manage head shape abnormalities in newborns. Its SoftSpot platform provides quantitative cranial measurements via a smartphone app, enabling at-home and in-office use, and offers data-driven guidance and repositioning instructions for parents. The system also gives pediatricians access to simplified analysis and data from the app to support clinical decisions, and is supported by FDA-cleared digital tools for pediatric head assessment. Founded in 2018, the company is based in Rockville, Maryland, and leverages computer vision and artificial intelligence to lower healthcare costs and improve outcomes in pediatric head care.

N5 Sensors

Seed Round in 2023
N5 Sensors, Inc. is a technology company based in Rockville, Maryland, specializing in the development and commercialization of advanced sensors for multi-room and personal monitoring applications. Founded in 2012, the company focuses on creating chemical sensor technology capable of detecting harmful gases such as carbon monoxide and carbon dioxide, as well as other lesser-known environmental hazards. N5 Sensors employs fabrication processes typically used for silicon computer chips, resulting in small, accurate devices that can simultaneously detect multiple gases. These sensors are integrated into a cloud-connected ecosystem, enabling industrial workers, first responders, and military personnel to assess environmental dangers in real-time using their smartphones, thereby enhancing safety and awareness in potentially hazardous situations.

3CLogic

Series B in 2020
3CLogic is a cloud-based contact center solutions provider that enables organizations to manage internal and external communications and customer engagements through interactive voice response and multi-channel automatic call distribution for call routing and a predictive dialer. The platform supports inbound, outbound, and blended interactions across industries such as finance, real estate, insurance, e-commerce, healthcare, and education. It integrates with cloud-based customer relationship management and data platforms to extend CRM capabilities, enabling scalable features like self-service experiences, live and virtual agent interactions, and conversational analytics. 3CLogic offers flexible deployment options, from simple connectors between legacy telephony and cloud CRM to hybrid or full cloud deployments, designed to improve operational efficiency and customer service management through automation, consolidated reporting, and analytics.

Racktop Systems

Series A in 2019
RackTop Systems, Inc. develops innovative data center solutions with a focus on data security and storage performance. The company's flagship product, BrickStor, is available in several versions: BrickStor Iron, which serves as an enterprise storage platform; BrickStor Titanium, tailored for private cloud environments; BrickStor zFLASH, which offers flash storage with high performance; and BrickStor SP, a software-defined primary data solution that implements a data-centric Zero Trust model to protect against cyber threats such as ransomware. Other offerings include an object storage platform called OSP, enterprise networking solutions through FlexBox, and virtual desktop infrastructure support with vBox. Additionally, RackTop provides MyRacktop, a secure multi-tenant cloud, and an enterprise backup and recovery appliance. The company also delivers consulting services in data storage optimization and information security to various sectors, including banking, education, and government. Founded in 2010 and headquartered in Fulton, Maryland, RackTop Systems has gained recognition for its innovative approach to cybersecurity and data management.

TrackOFF

Seed Round in 2017
TrackOFF, Inc. is a cybersecurity and privacy company focused on developing software solutions that protect users' identities and personal data online. Founded in 2017 and headquartered in Baltimore, Maryland, TrackOFF offers two main products: TrackOFF Standard and TrackOFF Elite. TrackOFF Standard helps users detect and eliminate tracking threats, enables private searching, and clears browser history. Meanwhile, TrackOFF Elite provides additional features such as protection on public Wi-Fi networks, location hiding, and data encryption through a virtual private network (VPN). The company's technology employs digital fingerprint-based security measures to shield users from hackers and identity thieves by altering digital fingerprints in real time and injecting random data to obscure true user information.

Bright Greens

Seed Round in 2017
Bright Greens, Inc. is a company based in Rockville, Maryland, that specializes in the production of blender-free, plant-based frozen smoothies. Established in 2017, Bright Greens offers a variety of flavors, including blueberry, wintergreen, peaches, and pineapple. The company markets its innovative smoothie cubes, which can be easily mixed with water, allowing consumers to create nutritious green smoothies without the need for a blender. Through its focus on convenience and health, Bright Greens aims to provide accessible smoothie options that cater to the growing demand for plant-based dietary products.

N5 Sensors

Pre Seed Round in 2016
N5 Sensors, Inc. is a technology company based in Rockville, Maryland, specializing in the development and commercialization of advanced sensors for multi-room and personal monitoring applications. Founded in 2012, the company focuses on creating chemical sensor technology capable of detecting harmful gases such as carbon monoxide and carbon dioxide, as well as other lesser-known environmental hazards. N5 Sensors employs fabrication processes typically used for silicon computer chips, resulting in small, accurate devices that can simultaneously detect multiple gases. These sensors are integrated into a cloud-connected ecosystem, enabling industrial workers, first responders, and military personnel to assess environmental dangers in real-time using their smartphones, thereby enhancing safety and awareness in potentially hazardous situations.

Cybrary

Seed Round in 2016
Cybrary Inc. is a leading provider of online training services focused on information technology and cybersecurity, catering to a diverse audience that includes beginners, experienced professionals, and families. Founded in 2015 and based in College Park, Maryland, Cybrary offers a comprehensive range of courses in systems and network administration, project management, and various cybersecurity disciplines, such as ethical hacking, penetration testing, and malware analysis. The platform features instructional content, interactive labs, exam study guides, and enterprise training solutions, enabling organizations to enhance their employees' skills. Additionally, Cybrary collaborates with a community of instructors, industry experts, and cybersecurity firms to deliver relevant and high-quality learning materials. Its offerings include a "Teams" product for managing corporate training and providing practical challenges and skill assessments. Cybrary aims to serve unserved and underserved populations, helping individuals gain the necessary skills to enter or advance in the cybersecurity field.

Link Labs

Series A in 2015
Link Labs is a provider of an end-to-end Internet of Things (IoT) platform focused on tagging, locating, and monitoring equipment, supplies, and assets across various sectors, including construction, healthcare, logistics, manufacturing, and warehousing. Founded in 2014 by engineers from the Johns Hopkins University Applied Physics Lab, the company is headquartered in Annapolis, Maryland, and holds over 20 patents for its technological innovations. Link Labs is recognized for its flagship product, AirFinder, which allows for easy and effective asset management by integrating advanced intelligent radio-frequency identification and low-power IoT network technologies. This platform enables businesses to monitor and manage their assets in real-time, delivering both affordability and high performance while handling billions of IoT events each month.

Immuta

Seed Round in 2015
Immuta, Inc. is a data security company that specializes in providing organizations with a platform for managing data privacy, security, and access control. The Immuta Data Security Platform enables users to discover and classify sensitive data, implement access control policies, and monitor data usage without the need for coding. This automated data governance solution supports self-service access to data while ensuring compliance with various regulations. Immuta is utilized by a diverse range of industries, including finance, healthcare, government, and manufacturing, to facilitate cloud migration and secure collaboration. Founded in 2014 and headquartered in College Park, Maryland, with additional offices in Boston, Massachusetts and Columbus, Ohio, Immuta has established itself as a trusted partner for Fortune 500 companies and government agencies worldwide.

3CLogic

Series B in 2014
3CLogic is a cloud-based contact center solutions provider that enables organizations to manage internal and external communications and customer engagements through interactive voice response and multi-channel automatic call distribution for call routing and a predictive dialer. The platform supports inbound, outbound, and blended interactions across industries such as finance, real estate, insurance, e-commerce, healthcare, and education. It integrates with cloud-based customer relationship management and data platforms to extend CRM capabilities, enabling scalable features like self-service experiences, live and virtual agent interactions, and conversational analytics. 3CLogic offers flexible deployment options, from simple connectors between legacy telephony and cloud CRM to hybrid or full cloud deployments, designed to improve operational efficiency and customer service management through automation, consolidated reporting, and analytics.

PathSensors

Debt Financing in 2013
PathSensors, Inc. is a biotechnology and environmental testing company based in Baltimore, Maryland. Founded in 2009, it specializes in high-speed and high-sensitivity detection solutions for pathogens and biological threats, catering to both government and commercial sectors. The company offers several systems, including BioFlash-E, which combines biological aerosol sample collection with near real-time detection capabilities; Zephyr, designed for sensitive identification of biological threats from various surfaces and liquids; and PathSensors Navigator, which automates high-volume sample analysis. Their biosensors can identify a range of pathogens, including Salmonella, Bacillus anthracis, and Ricin toxin. PathSensors' technologies find applications in areas such as biosecurity, food safety, environmental monitoring, and public health. The company operates as a subsidiary of Smiths Detection Inc.

PathSensors

Convertible Note in 2012
PathSensors, Inc. is a biotechnology and environmental testing company based in Baltimore, Maryland. Founded in 2009, it specializes in high-speed and high-sensitivity detection solutions for pathogens and biological threats, catering to both government and commercial sectors. The company offers several systems, including BioFlash-E, which combines biological aerosol sample collection with near real-time detection capabilities; Zephyr, designed for sensitive identification of biological threats from various surfaces and liquids; and PathSensors Navigator, which automates high-volume sample analysis. Their biosensors can identify a range of pathogens, including Salmonella, Bacillus anthracis, and Ricin toxin. PathSensors' technologies find applications in areas such as biosecurity, food safety, environmental monitoring, and public health. The company operates as a subsidiary of Smiths Detection Inc.

Sensics

Venture Round in 2012
Sensics, Inc. is a company specializing in professional-grade virtual reality (VR) and augmented reality (AR) products, headquartered in Columbia, Maryland. Established in 1999, Sensics develops a range of innovative solutions, including the OSVR open-source virtual reality ecosystem, which features a software platform for integrating applications with various VR and AR devices. The company offers products such as the Hacker Developer Kit, an all-in-one VR headset called RideVR, and VR design services encompassing optics, software, and electronics. Sensics' technologies are utilized by head-mounted display manufacturers, peripheral makers, and software developers, making it a key player in the VR industry. Additionally, its augmented reality solutions incorporate advanced video feeds and motion tracking capabilities, enhancing user interaction and experience. Through its comprehensive product offerings, Sensics serves diverse sectors, including training, medical, consumer, and research applications.
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