The Maryland Department of Business and Economic Development says its Maryland Venture Fund has made follow-on investments in two Maryland startups totaling $700,000.
Bethesda-based KoolSpan, a mobile security encryption company, received $400,000. BrainScope, also in Bethesda, got $300,000. BrainScope is developing neurotechnology for quickly assessing traumatic brain injury.
{iframe}http://www.bizjournals.com/washington/news/2014/08/05/koolspan-brainscope-get-maryland-venture-fund.html{/iframe}