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Attacks/Breaches

10/18/2016
04:00 PM
Kelly Sheridan
Kelly Sheridan
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7 Regional Hotbeds For Cybersecurity Innovation

These regions are driving cybersecurity innovation across the US with an abundance of tech talent, educational institutions, accelerators, incubators, and startup activity.
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Silicon Valley, Calif.

As you might expect, experts cite Silicon Valley as a prime region for cybersecurity innovation. There's a lot of capital pouring into the cyber market there, fueling a strong and competitive market for startups. Tenable's Vintz says he foresees venture capital and private equity will continue to increase in the area, driving growth.

Silicon Valley is among the popular areas for companies that are founded elsewhere across the US and foreign countries, but relocate to drive growth, explains Cunningham. Businesses with their roots in Israel, London, and Ireland come to the US because there isn't as much venture capital investment abroad.

"If you're going to build a company, you need to go where capital is developed for early stage companies," he explains. Many tech entrepreneurs relocate to Silicon Valley for its strong startup ecosystem and abundance of tech expertise, including security talent. One example is 41Q, which relocated from Spain to Silicon Valley. Appthority is another startup that grew in this region. Vintz says in the long term, he envisions the company will have a presence in Silicon Valley because of the area's strong competition and plentiful talent.

However, a problem with the Silicon Valley region is its high cost of living, which serves as a barrier to entry for companies transferring from areas such as Baltimore or San Antonio.

Image Source: Engel Ching via Shutterstock

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10/20/2016 | 8:13:07 AM
futon mattress
Excellent blog

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