Maryland tech development group names new president

Robert Rosenbaum has been appointed president and executive director of the Maryland Technology Development Corp. board of directors, according to an organization announcement made today.

His focus will be to continue to build the 12-year old association’s reputation as the nation’s premier technology-based economic development organization, the announcement said.

Rosenbaum has more than 30 years of private sector experience.

Since 2003, Rosenbaum has served as a managing director of Nobska Venture Partners in Baltimore, an early-stage venture fund.

Before joining Nobska, he was vice president of operations for Agora Publishing in Baltimore; chief operating officer of Versient Corp., in Hunt Valley, Md.; and director of IT for Stride Ride Corp. in Lexington, Mass.

TEDCO’s acting president and executive director, John Wasilisin, has been given an expanded role in the organization as executive vice president and chief operating officer.

Rosenbaum has an MBA from Columbia University and a bachelor’s degree in Mechanical Engineering from the Georgia Institute of Technology.

TEDCO has provided more than $9.3 million in funding to Maryland businesses through its Maryland Technology Transfer and Commercialization Fund, which has generated more than $394.8 million in funding from angel and venture investors, federal awards and other resources.