Bandura® Cyber Security Innovation Flourishes in the St. Louis Region with Support of the SixThirty FinTech and Prosper Women Entrepreneurs Accelerators
St. Louis, MO (PRWEB) October 02, 2015 -- Bandura, LLC, a cyber security software company and maker of the fast, automated, U.S. Defense-tested PoliWall Security Platform and ProACT™ Cyber Threat Aggregation and Risk-Scoring server; today announces support from Cultivation Capital’s SixThirty FinTech and Prosper Women Entrepreneurs accelerators. Relocating headquarters from Maryland to Missouri with the award of the Missouri Technology Corporation (MTC) investment matching funds, Bandura found a home at the Cambridge Innovation Center (CIC) in midtown St Louis in October 2014. Through the accelerator programs and the growing entrepreneurial ecosystem and proximity to the second largest density of financial services organizations in the US, Bandura quickly closed its bridge financing round, grew its customer base, and brought manufacturing of two of its PoliWall products to the St. Louis region.
“Locating in St. Louis has been the tipping point,” said Suzanne Magee, CEO and Co-Founder of Bandura, LLC. “The PoliWall security platform was experiencing a natural demand from banks, online payment systems, and insurance companies. MTC matching funds encouraged investors like the SixThirty program which has provided the financial support and direct introductions to accelerate growth in this key vertical. Prosper Women Entrepreneurs provides the unique mentor-ship and support for growth-oriented women-owned businesses seeking to reach larger funding sources , stretch their vision of the possible, and achieve revenue goals. We have also found a rich sources of engineering and business talent from the universities here, and when looking for manufacturing alternatives, we found that right outside our door at J&B Technolgoy!!”
“Prosper continues to identify terrific women led organizations to invest in and assist in their growth. We are proud to have Bandura and Suzanne in our portfolio of cutting edge, disruptive companies.”, said Mary Jo Gorman, MD, MBA, Lead Managing Partner of Prosper Capital.
“We are glad that Bandura Systems selected J&B Technologies, Ltd., to help them gain a strong foothold in the global security arena. Their products will simply be both the best and most aggressive products on the market, helping clients’ stay secure in today’s challenging threat-filled environment. Working with Suzanne is a pleasure and J&B is looking forward to a successful partnership for years to come.”
Click here to register for the ProACT Cyber Threat webinar October 7 at 10 am CDT. For a PoliWall and ProACT live web-demo , free trial, or more information, please visit us at bandurasystems.com and follow us on Twitter, @Bandurasystems.
About Bandura, LLC
Bandura ™ is a cyber security software company, maker of the patented PoliWall security platform, the Firewall’s Firewall™. The PoliWall platform, and ProACT server, aggregates and risk-scores multiple sources of threat intelligence, feeds into the PoliWall platform and then takes auto-action in real time on over 100 million threats ahead of the firewall—real-time blocking bidirectionally. Bandura is the industry leader and innovator of automated and simplified security technologies which significantly reduces cyber risk, saves time and resources. Bandura was established to commercialize security technology developed in part with the U.S. Department of Defense and Bandura’s parent company, TechGuard Security LLC. Visit us at http://www.bandurasystems.com, and follow us ! @bandurasystems.
About SixThirty
Backed by the St. Louis Regional Chamber and venture capital firm Cultivation Capital, SixThirty is a business development accelerator that invests in later seed-stage financial technology startups with working products. SixThirty accepts startups in both its fall and spring cohorts. Each of the startups receives up to a $100,000 investment in exchange for a negotiated percentage of equity. The companies selected to take part in the accelerator program participate in a 14-week program that focuses on hands-on training, mentoring, and networking opportunities with leaders from the top financial services companies in the country. Learn more at http://cultivationcapital.com/company/six-thirty/.
About J&B Technologies, Ltd.:
J&B Technologies, Ltd., has been providing clients with quality value solutions for all their computing needs for over 20 years. J&B started out as just a white box builder and from there, transformed into a full service IT firm with a wide range of services including network monitoring and management. As a partnered CIO J&B will help small business firms navigate and plan their IT needs through today's competitive environment. J&B is proud to be Bandura’s partner for the PoliWall line of security products. Please visit us at fixedforever.com or email us at sales(at)jbtech(dot)com.
For More Information Contact:
Tara J. Kinney
M: 970.988.4004
tara(at)atomicrevenue(dot)com
Tara Kinney, Atomic Revenue, LLC, http://www.atomicrevenue.com, +1 (970) 988-4004, [email protected]
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