Friday, May 10, 2013

RedOwl Analytics Receives Innovation Award

Congratulations to 1111 Light Street’s RedOwl Analytics for their grand prize win!

On April 15th, Maryland Governor Martin O’Malley awarded the $100,000 grand prize of the InvestMaryland Challenge for start-up companies to RedOwl Analytics.

RedOwl Analytics, which calls 1111 Light Street home, is a company that focuses on analyzing the data that companies retain and using it to look at corporate fraud, legal investigations, and fiscal institutions. The Reveal software takes this data and helps organizations monitor governance, risk, and compliance, which can be used as an investigative tool for early case assessment.

The InvestMaryland Challenge was created by Governor O’Malley and the Maryland Department of Business and Economic Development, and more than 250 companies competed in information technology, life sciences, and general business categories.

"We are absolutely thrilled and humbled to have been selected - it's a wonderful testimony to the hard work of our team over the last twelve months,” said CEO Guy Filippelli

Elizabeth Nelson, Intern

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