Margaret Roth Falzon has been promoted to chief operating officer of Baltimore venture capital firm Squadra Ventures. She was formally director of portfolio operations at the small but mighty early-stage fund and goes from managing a team of two to a team of seven.

Sicura, a new Baltimore-based cybersecurity software platform providing enterprise-grade, code-level security and compliance automation on top of an open source core, announced today a seed round of financing led by Squadra Ventures.