Cyber London, Europe’s first dedicated cyber security start-up accelerator and incubator, today announced the eight start-ups participating in Cyber London’s second programme.
[quote_box_center]The successful candidates, selected from a shortlist of outstanding international applicants, were announced at a private event in Cyber London’s offices in West London. The teams, who start the programme this week, are:
- Aves Netsec, Finland. An adaptive cyber deception system for efficiently countering the advanced attacker.
- BitNinja, Hungary. The first integrated server defense network powered by a machine-learning system.
- Fabric, UK. Secure and private mobile communications.
- Mazor, Israel. Solution for detection of threats on network and security components.
- Simudyne, UK. Identifies and reduces the risk from cyber attacks.
- Torsion InfoSec, UK. Delivering accurate rules and classifications-driven security for SharePoint and Office 365: Simple, Precise and Robust.
- UkkoBox, UK and Brazil. An easy tool that safely encrypts and spreads user files to existing cloud providers worldwide.
- Verity, South Africa. Enables organisations to prevent document forgery through digital document certification.
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Kirsten Connell, the new MD of Cyber London, said: “We are thrilled to welcome such a diverse and impressive cohort into the second Cyber London programme. The breadth of talent in the early stage cyber security sector continues to fill us and our partners with confidence in Cyber London’s value to both entrepreneurs and the wider economy. I look forward to working with the teams over the coming months and helping them to go from strength to strength.”
Cyber London’s accelerator programme consists of a 14-week programme where teams with innovative business ideas in the field of cyber security are given access to professional training and guidance from an accomplished network of mentors and investors. At the end of the programme the companies present their businesses to potential customers, investors and partners at an in-house Demo Day. In addition to training, mentorship and fully-furnished office space, the teams receive a £15,000 investment in return for 3 per cent equity.
Richard Wilding, Director of New Ventures at BAE Applied Intelligence, said: “Nurturing start-ups with Cyber London helps ensure a vibrant supply chain full of technologies that can keep the UK and Europe at the forefront of this industry. BAE Systems looks forward to supporting the development of the exciting young companies involved in Cyber London’s second cohort.”
Cyber London is fostering a thriving community of cyber security companies in the heart of London. Of the eight companies graduating from Cyber London’s first programme, which took place between April and July 2015, all but one has been fast-tracked onto the next stage of their growth path.
The companies on Cyber London’s first programme were:
- Ripjar
- SQR Systems
- Intruder
- Mentat Innovations
- Sphere
- AimBrain
- Ruuta
- Cyberlytic
Andrius Sutas, co-founder of AimBrain, said: “Cyber London helped us immensely by connecting us with highly relevant people in our industry, as well as the governmental and security sectors. We feel very grateful for the time that team and MD spent mentoring us and are super proud to be part of the CyLon’s alumni network.”