After a wait of more than two years, online cybersecurity training startup Cybrary Inc. is set to officially open its new headquarters.
Cybrary is getting ready to pull up curtain on a 28,000-square-foot facility at 4600 River Road in College Park's Discovery District, just up the road from its former shared offices at 5801 University Research Court, a spokesman said.
The firm originally announced it found a new home in College Park in late 2018 because it needed more space for the rapid growth it was experiencing. At that time, co-founder and CEO Ryan Corey said Cybrary was seeing a nearly 400% year-over-year revenue increase and anticipated it would grow its 32-person staff to create more than 200 jobs in Prince George’s County.
A spokesperson for the company did not say why it’s taken almost two and a half years to open the new facility, though the Covid-19 pandemic pushed tech-focused employees out of the office and into remote work for much of the last 14 months.
Cybrary has received roughly $23 million from investors since its founding in 2015, much of it coming from a Series B round in 2019 with participation from BuildGroup, Arthur Ventures and Gula Tech Adventures. It also grew its customer base from 2 million in 2018 to 3 million at the end of 2020 and now has 80 employees, Corey told sister publication the Baltimore Business Journal. It also started offering free courses in IT and cybersecurity, which pulled in almost 30,000 users.
Corey and co-founder and President Ralph Sita plan to host the office opening with Kelly Schulz, the secretary of the Maryland Department of Commerce, and Darryll Pines, the new president of the University of Maryland, at a socially distanced event on Wednesday.
