The cybersecurity industry is growing at an extraordinary rate as we work tirelessly to keep up with looming threats across the globe. The need for new innovative cyber products to combat these threats has never been greater.
Herndon, VA (PRWEB) September 22, 2016
The MACH37 Cyber Accelerator announced today that it has selected five cybersecurity startups to participate in the Fall 2016 (F16) three-month mentorship-driven startup program. With this announcement, MACH37 will have helped launch 40 cyber companies in three years of operation.
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 December 6th, 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.
"The cybersecurity industry is growing at an extraordinary rate as we work tirelessly to keep up with looming threats across the globe. The need for new innovative cyber products to combat these threats has never been greater,” said Rick Gordon, Managing Partner of MACH37. “We have developed an ecosystem to accelerate these innovations into the mainstream while also helping reduce startup risks for both entrepreneurs and investors. Our new Fall 2016 class contains innovators and entrepreneurs that will be able to push the boundaries of this industry forward. We have very high aspirations for all of the companies and look forward to our Demo Day in December where we will be able to showcase five remarkable investment opportunities."
The five companies selected for the Fall 2016 Cohort are:
- Adlumin - (adlumin.com) Robert S. Johnston and Timothy Evans
- Intelligence Framework Inc - (infrascan.net) – Andrea Bodei
- NS8 Inc - (ns8.com) – Adam Rogas and Paul Korol
- Steel Mountain Systems Corp. - (steelmountain.io) – Will Butler and Thomas Maarseveen
- ThreatSwitch - (threatswitch.com) – John Dillard
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 Fall 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 the 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. 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. Follow CIT on Twitter @CITorg and add the Center for Innovative Technology on LinkedIn and Facebook.