CyLon has announced the nine cybersecurity startups participating in its eighth London accelerator programme.
The company finds, grows and invests in the best emerging cyberbusinesses via its world-leading accelerator programmes.
CyLon has already successfully accelerated 59 companies across hubs in London and Singapore since its launch in April 2015 and has a portfolio of international companies now valued at more than £200m.
Programme alumni have created more than 300 new jobs and have raised more than £50m of follow-on funding since graduating the programme.
CyLon’s co-founder Grace Cassy said: “We are delighted to welcome another group of companies to our programme.
“At CyLon we remain laser-focused on finding, growing and investing in the world’s best emerging cybersecurity businesses, supporting them as they expand and scale through our global network. After a rigorous application process, I believe we’ve found a fascinating set of companies building solutions that will contribute to the global drive for cyber innovation.”
The latest group of startups will join CyLon for three months and receive an intensive programme of training and workshops delivered by industry specialists and experienced entrepreneurs, as well as connections to CyLon’s unrivalled community of buyers, investors and advisors across EMEA and the US.
Each will also receive a £15,000 investment in their business in return for 3% equity, as well as access to a fully-furnished office space.
At the end of the programme, the companies will present their businesses to prospective customers, investors and partners at an in-house demo day.
The eighth cohort includes 25 participants across nine teams, ranging from very early stage startups through to established companies seeking support as they accelerate development and reach new customers and markets.
The participating teams join from Canada, the US, the UK, Sweden and Germany. They are:
Beauceron Security: a cloud-based risk management platform for organisations to measure and monitor human-centric cyber-risk, covering cybereducation, social engineering simulations, business processes, and technology gap assessment and analysis.
Idrisi: a network security platform allowing organisations to better assess and manage network risk.
IOTwitt: a custom cypher and network platform that encrypts communications in and between Internet Of Things devices.
Keyp: digital identity management platform enabling management of more than 120 types of identification, authentication, verification, implementation and certification providers.
Lattice Security: instant classification and protection of sensitive data the moment a user creates it, in line with the organisation’s data protection policies.
Little Sister: encrypted security network offering privacy between machines, industrial social networks, smart cities, and autonomous systems, based on trust-based security infrastructure, an alternative to Blockchain.
Meterian: a SaaS platform that scans code projects to assess the security and stability of software, mitigating risks found in open source software before the code is released into production.
Social Media Compliance: image recognition technology that uses a unique machine learning algorithm for real-time identification and alerting of compliance and data breaches based on images, videos and text from social media and other digital channels.
Zercurity: a platform providing risk management over IT infrastructure, applications and devices. Including automatic checks for non-compliance, policy adherence, risk scoring and event monitoring. Users can interrogate their assets and user behaviour using SQL.
Previous cohort companies to have completed the CyLon programme and gone on to successfully raise funds include Ripjar, Hazy, Tessian and Immersive Labs.