Cyberpoint International, a Baltimore-based cyber security firm, announced Monday that it is establishing a $1 million fund at the Baltimore Community Foundation to primarily support educational initiatives, but also the arts, economic development and other causes.
CyberPoint, which also has offices in Columbia and Abu Dhabi in the United Arab Emirates, provides a variety of cyber secutiry services to commercial, U.S. government and international customers. It was established in 2009.
"We can have all the financial and customer success in the world, but we still won't be a great company unless we have a civic impact," said Karl Gumtow, CEO and co-founder of CyberPoint, in a statement. "This fund is another important step for us as we try to make that positive impact in our community, and we hope it inspires others to do the same."
CyberPoint will pay into the CyberPoint Foundation Fund over the next 10 years. Its employees also will be able to contribute to the fund and have a say in directing its grants.