Herndon, Virginia, Sept. 25, 2017 (GLOBE NEWSWIRE) -- The MACH37 Cyber Accelerator announced today that it has selected six cybersecurity startups to participate in the Fall 2017 (F17) three-month mentorship-driven startup program. With this announcement, MACH37 will have helped launch 52 cyber companies since the program started in 2013.

"The threat landscape in today’s industry is changing rapidly and is more complex than ever before. In response, the need for product innovation in the enterprise and consumer markets is at an all-time high,” said Tom Weithman, President of MACH37. “We have developed a unique program that identifies high-potential entrepreneurs with emerging security solutions and provides them with the resources that enable them to rapidly develop and scale their companies to combat the industry’s constantly changing needs.”

As a focused business accelerator, MACH37 brings together domain experts, successful entrepreneurs and investors steeped into the security market to create a platform for success for innovators and their startups. MACH37 cohort companies receive an equity investment and are coached through a focused 90-day program in which the entrepreneurs are mentored in all aspects of creating a sustainable and successful cybersecurity business.

“Our program places a heavy emphasis on continuous interaction between our portfolio companies and our expansive network of cybersecurity experts. These real-world connections with industry veterans are designed to provide a path to customer validation, investor validation and ultimately a successful go-to-market strategy,” added Weithman.

The six companies selected to participate in the Fall 2017 Cohort are:

  • CyberAcademy - Craig Stevenson, CEO - www.cyberacademy.us
  • CynjaTech - Heather Dahl, CEO – www.thecynja.com
  • Hideez Group Inc. - Oleg Naumenko, CEO – www.hideez.com 
  • RunSafe Security - Joe Saunders, CEO - www.runsafesecurity.com
  • Status Identity - Nakul Munjal, CEO – www.statusidentity.com
  • ThreatLocker - Danny Jenkins, CEO – www.threatlocker.com

The Fall 2017 schedule will begin with MACH37’s inaugural “Meet the Cohort” kickoff event that will take place on Thursday, September 28th in Crystal City, Virginia.  Attending investors, customers, partners, and future applicants will meet the F17 founders and learn about their compelling, leading-edge technologies.

The F17 program will conclude on December 5th 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.

To learn more or to register for any of MACH37’s upcoming events, please visit: www.mach37.com/events.

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. To learn more, please visit www.cit.org.  Follow CIT on Twitter @CITorg and add the Center for Innovative Technology on LinkedIn and Facebook.

 

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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/d08fb628-3510-4569-afca-ef32a2f67fe3

Kevin May
Center for Innovative Technology
7036893064
kevin.may@cit.org