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Cyber security incubator CyLon has announced the seven startups that are participating in its ninth accelerator programme aimed at growing emerging cyber businesses.
This cohort brings the number of companies CyLon has accelerated to 83, with CyLon’s portfolio of international companies now valued at more than £400m.
According to CyLon, alumni of its accelerator programme have created more than 350 new jobs and have raised over £120m of follow-on funding since graduating the programme.
“From day one, the team at CyLon has focused on finding, growing and investing in the world’s best emerging cybersecurity businesses, supporting them as they develop exciting new products and helping them to scale internationally,” said Grace Cassy, CyLon co-founder.
“The companies joining today went through a rigorous application process and we received over 100 applications from cyber startups around the world. We are very excited to work with these companies and help drive global cyber innovation.”
The latest group of startups will join CyLon for three months and receive an intensive programme of workshops delivered by industry specialists and experienced entrepreneurs, as well as connections to CyLon’s community of buyers, investors and advisors across Europe, Middle East, Africa and the US.
Each will also receive a £15,000 investment in their business in return for 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 startups in the 9th CyLon cohort are:
- Pubguard: An advert verification and malware detection service that protects international publishers by identifying inappropriate and ineffective ads for app developers
- LGN: A software company developing optimal edge AI (artificial intelligence) algorithms to process camera and LiDAR signals on the vehicles.
- Outthink: A web-based SaaS (software as a service) platform that has been developed specifically to identify and reduce risky workforce behaviours and build a risk-aware culture.
- SOC.OS: An alert investigation tool that aggregates, analyses, and prioritises cyber security incidents.
- Sevren: An application security management and orchestration platform for modern development environments
- CyGov: A cyber risk management platform designed to enable organisations to understand their cyber risks and how best to deal with them.
- Binary Edge: A threat intelligence service that details an organisation’s attack surface by analysing and correlating data from across the web.