Over the last two years, we have not only reaped the benefits of being located in one of the hottest cybersecurity hotbeds in the world, but we have also attracted globally recognized talent to Virginia.
Herndon, VA (PRWEB) March 24, 2016
The MACH37 Cyber Accelerator announced today that it has selected six cybersecurity startups to participate in the Spring 2016 (S-16) three-month mentorship-driven startup program. With this announcement, MACH37 will have helped launch 35 cyber companies in less than three years of operation. The selection process for the S16 cohort included the largest and most competitive application pool to date which comprised of candidates from across the world.
As a focused business accelerator, MACH37 brings together domain experts, successful cybersecurity entrepreneurs and investors familiar to the security market to create a platform for success for innovators and their startups. The MACH37 program consists of an intense 90-day program in which the selected startups are mentored in all aspects of creating a sustainable and successful business.
Applicants selected to participate in the program receive a $50,000 investment to develop and launch their ideas into emerging, investable companies. By drawing on MACH37’s large network of successful security professionals, business experts and entrepreneurs, companies involved in the program are guided toward creating successful cybersecurity companies that can establish market leadership positions. The program concludes on June 14th, 2016 with a Demo Day where companies will have the opportunity to pitch and demo their technology to an audience of external mentors, investors and stakeholders.
“After an extensive review process, we are now excited to announce the six teams that have been selected into the MACH37 Spring 2016 Cohort. The quality of the participants in this class is a clear reflection of the success of our program and our aggressive outreach.” said Rick Gordon, Managing Partner of MACH37. “Over the last two years, we have not only reaped the benefits of being located in one of the hottest cybersecurity hotbeds in the world, but we have also attracted globally recognized talent to Virginia.”
CIT President and CEO Ed Albrigo added, “The appetite for new ideas and investment opportunities in cybersecurity has never been greater. We have developed an ecosystem to accelerate cybersecurity innovations into the mainstream while also helping reduce startup risks for both entrepreneurs and investors in this technically demanding field.”
The six companies selected for the Spring 2016 Cohort are:
- Gyomo – Quincy Acklen and Ben Gatti
- Hill Top Security – Steve Baker, Tom Gilmore and Neil Wright
- NormShield – Mohamoud Jibrell and Candan Bolukbas
- PCPursuit – Robert Walker
- Provenance – Jon Praed and David White
- Unblinkr – Mancy Sanghavi
Investors, customers, partners, and future applicants are encouraged to visit MACH37 and meet the Spring Class to experience the energy and breadth of ideas that we are honored to nurture and host. MACH37 has recently announced the Spring 2016 Security Leaders Dinner (SLD) schedule, which includes events that feature keynote speeches from the premier cybersecurity experts in the nation. To view the full SLD schedule, visit: http://www.mach37.com/events.
About MACH37, http://www.mach37.com
MACH37 is the premier accelerator for information security entrepreneurs and startups. We go beyond the traditional model of typical business accelerators by bringing our innovators focused mentorship and support from our extensive network of visionaries, practitioners, and successful entrepreneurs in security. Our Spring and Fall sessions are designed to propel graduating companies into the marketplace, equipped with the skills to grow and compete for funding and market share. MACH37 was launched in 2013 by the Center for Innovative Technology, in Herndon, Virginia. To learn more, please visit http://www.mach37.com and follow @MACH37cyber on Twitter.
About the Center for Innovative Technology, http://www.cit.org
Since 1985, CIT, a nonprofit corporation, has been Virginia’s primary driver of innovation and entrepreneurship. CIT accelerates the next generation of technology and technology companies through commercialization, capital formation, market development and revenue generation services. To facilitate national innovation leadership and accelerate the rate of technology adoption, CIT creates partnerships between innovative technology startup companies and advanced technology consumers. To learn more, please visit http://www.cit.org. Follow CIT on Twitter @CITorg and add the Center for Innovative Technology on LinkedIn and Facebook.