Photo Credit: University of Pittsburgh

“Instead of moving operations and employees to California after acquisition, Proofpoint committed to retaining operations in Pittsburgh to benefit from our exceptional cyber ecosystem.”

– CATHERINE V. MOTT
CEO & FOUNDER, BLUETREE VENTURE FUND &

BLUETREE ALLIED ANGELS

Cybersecurity

Industries like finance, robotics, life sciences, manufacturing, autonomous vehicles, and AI trust Pittsburgh. With security and data sensitivity paramount, talent, R&D and the best technologies in the world provide reliability, safety and – most importantly – a step ahead in a world moving forward faster than a thumb swipe.

The Ecosystem

A strong university and R&D research base has evolved to a strong corporate asset

#1 IN COMPUTER SCIENCE

Carnegie Mellon University (CMU) ranks as the #1 school in the U.S. for Computer Science. Grad degree programs include tracks in Cyber Ops and Cyber Forensics and Incident Response (CyFir)

$141 MILLION IN R&D

Computer and information science R&D at CMU is the 3rd-highest of any university in the U.S.

PITT CYBER

The University of Pittsburgh’s Institute for Cyber Law, Policy, and Security (Pitt Cyber) addresses cybersecurity challenges such as privacy, election security and human trafficking

NATIONAL CENTER OF EXCELLENCE

The NSA and Dept. of Homeland Security have designated the Pittsburgh Technical College (PTC) as a National Center of Academic Excellence in Cyber Defense Education (CAE-CDE)

Talent

World-class people in a world-class corporate and research ecosystem

Photo Credit: Innovation Works

88

Universities & post-secondary CTE institutions

12,000

tech degrees & certificates awarded annually

13,890

software developers and programmers; average wage $88,282 USD*

3,250

computer and information systems managers; average wage $143,720

188,000

Regional Student Population

20.7%

growth of tech talent pool past 5 years to 45,440

23,150

computer support database and systems employees; average wage $65,333*

*Employee numbers and average wages in AI-related positions (2018 data)

Key Investments

Mar 2017 CyLumena

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Launched in 2017, the cybersecurity sister company to SLDC Management specializes in IT risk mitigation and support within health and life sciences and financial service industries.

Mar 2017 CyLumena

Sep 2017 Hornetsecurity

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10 New Jobs
$10,000 Capital Investment

German-based cloud security provider opened its U.S. Headquarters in Bakery Square in 2017.

Sep 2017 Hornetsecurity

Dec 2017 Proofpoint (Wombat Security Technologies)

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75 to 100 New Jobs

Previosuly Wombat Security Technologies, the newly acquired company will relocate its headquarters to a larger space in the Strip District, expand into Europe, the Middle East, Africa and Asia, and grow its team by 75-100 new employees. Proofpoint acquired Wombat for $225M.

Dec 2017 Proofpoint (Wombat Security Technologies)

Feb 2019 Acronis

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50 New Jobs

Drawn by the talent at local universities, the global cyber project company plans to open a Pittsburgh office and hire up to 50 employees by 2021.

Feb 2019 Acronis

Aug 2019 Continuum

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Boston-based IT company opened a new security operations center at its location in Cranberry Township aimed to address the growing issue of a skills gap in cybersecurity for managed service providers

Aug 2019 Continuum

Jul 2020 Fifth Wall Solutions

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12 New Jobs

Locally-founded cybersecurity startup is growing fast, hiring a new president and doubling its staff by 2021 thanks to a $1M investment from a local fintech entrepreneur.

Jul 2020 Fifth Wall Solutions

StartUp
Culture

400

Accelerators, educational organizations & ecosystem leaders

$3 Billion

in funding to 139 regional tech startups in 2019, a seven-fold increase since 2010

$110 Million

in VC to Cybersecurity Startups over the Past 20 Years

pRIMARY CYBERSECURITY SUPPORT ORGANIZATIONS INCLUDE:

Photo Credit: Innovation Works
INNOVATION WORKS

One of the most active early stage investors in the U.S. with startup support programs and two nationally ranked accelerators – AlphaLab and AlphaLab Gear – that help software and hardware startups get off the ground.

Pittsburgh Technology Council

Supports the region’s technology-based companies with the business development, talent retention, government relations and visibility services.

InnovatePGh

A public/private partnership focused on accelerating the status of Pittsburgh as a global innovation city and supporting the Innovation District of Pittsburgh’s Oakland neighborhood.

Cybersecurity Success

40 companies and 1,000 workers comprise Pittsburgh’s cybersecurity ecosystem. Attractions include Pittsburgh universities and industries with heavy cybersecurity usage, such as finance, robotics, life sciences, manufacturing, autonomous vehicles, and AI.

$80,913

average wage

237

expansions from 2008-18

22,378

jobs impacted

$4 Billion

in total capital investment

Notable Investments

Proofpoint

Acquired Pittsburgh-startup Wombat
Technologies for $225 million in 2018

Carnegie Mellon University’s software Engineering institute

Awarded a $2.7 billion contract in July 2020 from the US Department of Defense to continue federally funded research that focuses on software, artificial intelligence, and cybersecurity.

Cert

Part of CMU’s Software Engineering Institute, CERT has been a leader in cybersecurity for 30 years, with a focus on topics such as network situational awareness, malicious code analysis, secure coding, insider threats, digital investigations, DevOps, forensics, and vulnerability discovery and analysis.

Photo Credit: Lake Fong
Pittsburgh High-Tech computer crimes task force

CERT and the FBI partnered to create the Pittsburgh High-Tech Computer Crimes
Task Force

The National Cyber Forensics & Training Alliance (NCFTA)

Grew out of the FBI and CERT partnership and is a non-profit partnership among private industry, government, and academia.

Contact Us

Mike Henderson
Senior Director, Business Investment