HERNDON, VA, SEPTEMBER 14, 2015 --The MACH37™ Cyber Accelerator announced today that it has selected seven cybersecurity startups to participate in the Fall 2015 (F-15) three-month mentorship-driven startup program.
With this announcement, MACH37™ will have launched 29 cyber companies in the past two years. The top candidates were selected as a result of a highly competitive selection process from the largest application pool to date.
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.
Participants 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 MACH37 Cyber Accelerator has grown into a globally recognized brand in cybersecurity innovation. This is shown in the size and strength of the Fall session’s impressive batch of applicants,” said Rick Gordon, Managing Partner of MACH37™. “We have very high aspirations for all of the accepted teams. We are counting on them to work tirelessly, accept coaching and demonstrate impressive execution in the marketplace. With the help of the vast Stars Mentor Network who have volunteered to work with these companies, our goal is to showcase seven remarkable investment opportunities on our December Demo Day."
The seven companies selected for the Fall 2015 Cohort are:
- Locurity – (locurity.com)
- Cyber 20/20 – (cyber2020.com) - Dr. John Cavazos - Founder
- 418 Intelligence – (418intelligence.com) - Mark Jaster - Founder
- TensorWrench – (tensorwrench.com) - Jason Wagner - Founder
- Cyber Algorithms – (cyberalgorithms.com) – Tim Brennan - Founder
- Atriceps – (atriceps.com) – Kevin A. McGrail - Founder
- Huntress Labs – (huntress.io) – Kyle Hanslovan; Marc Canale; John Ferrell, Chris Bisnett - Co-Founders
The program will conclude on December 8th, 2015 with a Demo Day where teams will have the opportunity to pitch and demo their technology to an audience of external mentors, investors and stakeholders.
Investors, customers, partners, and future applicants are encouraged to visit MACH37 and meet the Fall Class to experience the energy and breadth of ideas that we are honored to nurture and host.
About MACH37™, 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 www.mach37.com and follow @MACH37cyber on Twitter.
About the Center for Innovative Technology, 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. CIT’s CAGE Code is 1UP71. To learn more, please visit www.cit.org. Follow CIT on Twitter @CITorgand add the Center for Innovative Technology on LinkedIn and Facebook.
For the web version of this release, visit: http://www.prweb.com/releases/MACH37/Fall15/prweb12957952.htm
Contact: Kevin May