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CIT and MACH37™ Cyber Accelerator Hold 3rd Demo Day for Cyber Startups
  • USA - English


News provided by

Center for Innovative Technology

Dec 02, 2014, 13:15 ET

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MACH37
MACH37

Herndon, VA (PRWEB) December 02, 2014 -- The Center for Innovative Technology and the MACH37™ Cyber Accelerator hosted over 100 investors today at its third Demo Day to hear pitches from entrepreneurs of 12 cybersecurity startups. Guests included accredited investors representing top-tier venture capital firms, leading edge technology companies and angel groups from the Washington, D.C. region and east coast.

The Fall 2014 cohort is an outstanding representation of the creativity and deep domain expertise that is nationally attracted to participate in MACH37.

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Rick Gordon, Managing Partner of MACH37™, said, “The Fall 2014 cohort is an outstanding representation of the creativity and deep domain expertise that is nationally attracted to participate in MACH37. This is a testimony to not only the strong mentor support assets we have in this area, but also to the excellent program we have developed by leveraging those assets to rapidly create new companies that deliver disruptive innovations to this growing market.”

Today’s presenters included seven startups that graduated from the MACH37™ Fall Cohort. They are creating innovations in several critical areas of security, including messaging cryptography, cloud-based security, encryption, incident response and simulation. Below are the companies that comprise the Fall Cohort:

• Joshua Marpet, Co-Founder/CEO, BiJoTi
• Ryan Lester, Co-Founder/CEO, and Josh Boehm, Co-Founder, Cyph
• Eric Whittleton, Co-Founder/CEO, iAspire
• Karthik Bhat, Founder/CEO, SecureDB
• JP Bourget, Co-Founder/CEO, Syncurity Networks
• Michael W. Wellman, Co-Founder/CEO, Virgil Security
• Marcus Carey, Founder/CEO, vThreat

Others presenting at today’s Demo Day graduated from earlier MACH37™ Cyber Accelerator programs:

• Joe Klein, CEO, Disrupt6
• Nick Duan, CEO, IDentia, Inc.
• Shawn Key, CEO, Key Cybersecurity
• Roy Stephan, CEO, PierceGTI
• Ethan Allen, CEO, and Roderick Flores, Founder, Sikernes

For more information on the presenting companies, please visit: https://www.mach37.com/explore/cohort-companies/

Pete Jobse, CIT President and CEO and MACH37™ Executive Chairman, said, “MACH37™ reduces barriers to cyber security product company formation by delivering customer, investor and management relationships and guidance that enable next generation technology to be more rapidly deployed while reducing investor risk. MACH37 has created an ecosystem that is globally unique and will serve as the creative center for cyber security products.”

The application period for the MACH37™ Spring 2015 (S15) Cohort is now open. Entrepreneurs with emerging products and companies are encouraged to apply by visiting http://www.mach37.com and filling out the online application. The program is open to startups from any geography whose founders are ready to engage in a rigorous mentorship program designed to produce the next generation of leading security product companies.

About MACH37™
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 dot com and follow @MACH37cyber on Twitter.

About the Center for Innovative Technology
Since 1985, CIT, a nonprofit corporation, has been Virginia’s primary driver of innovation and entrepreneurship. To learn more, please visit dot org. Follow CIT on Twitter @CITorg and add the Center for Innovative Technology on LinkedIn and Facebook.

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Hap Connors, Center for Innovative Technology, http://www.cit.org, +1 (703) 689-3048, [email protected]

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