Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Attacks/Breaches

Cybersecurity Accelerator Set To Fast-Track A New Round Of Startups

Mach37 accelerator opens a new season of business and funding assistance for cybersecurity startups

MACH37, a cybersecurity "accelerator" that helps emerging vendors come to market more quickly, is opening a new season of startup hunting.

Accelerators -- organizations that provide advice and funding assistance to promising young firms and entrepreneurs -- are becoming an important part of the cultivation of new security technology, experts say. While MACH37 focuses primarily on East Coast startups, startup incubator CyberHive is operating as an incubator in the west, and organizations such as SINET are helping emerging companies make connections and gain recognition.

"In many cases, we find that cybersecurity entrepreneurs have a good, solid technology idea, but they don't know a lot about how to get funding or how to bring products to market," says Rick Gordon, managing partner at MACH37. "The program is here to provide the business and technical validation necessary to compete in today’s markets.”

In an announcement posted Monday (PDF), MACH37 began accepting applications for its spring season of assistance, in which it will take on six or more startups for an intense program of technical validation, funding assistance, and potential customer introductions.

"We're looking for companies and entrepreneurs that have ideas which could be disruptive, and have the technical chops and the will to bring them to market," Gordon says.

Upon acceptance into the program, companies receive $25,000 in exchange for a small amount of equity. Following completion of the program and a successful Demo Day presentation, the CIT GAP Fund will match up to $100,000 of outside investment for companies located in Virginia.

"It's one thing to know what you're building; it's another thing to know whether customers are ready to buy it," says Gordon. "For most cybersecurity startups, it's hard to even get in the door, much less find customers that are willing to participate in alpha or beta testing. We have those relationships, and we help the startups get an opportunity to work with real customers."

The deadline for applications to MACH37's spring "cohort" is Jan. 31. The accelerator will conduct another session in the fall.

Have a comment on this story? Please click "Add a Comment" below. If you'd like to contact Dark Reading's editors directly, send us a message. Tim Wilson is Editor in Chief and co-founder of Dark Reading.com, UBM Tech's online community for information security professionals. He is responsible for managing the site, assigning and editing content, and writing breaking news stories. Wilson has been recognized as one ... View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
News
Inside the Ransomware Campaigns Targeting Exchange Servers
Kelly Sheridan, Staff Editor, Dark Reading,  4/2/2021
Commentary
Beyond MITRE ATT&CK: The Case for a New Cyber Kill Chain
Rik Turner, Principal Analyst, Infrastructure Solutions, Omdia,  3/30/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you today!
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2021-3493
PUBLISHED: 2021-04-17
The overlayfs implementation in the linux kernel did not properly validate with respect to user namespaces the setting of file capabilities on files in an underlying file system. Due to the combination of unprivileged user namespaces along with a patch carried in the Ubuntu kernel to allow unprivile...
CVE-2021-3492
PUBLISHED: 2021-04-17
Shiftfs, an out-of-tree stacking file system included in Ubuntu Linux kernels, did not properly handle faults occurring during copy_from_user() correctly. These could lead to either a double-free situation or memory not being freed at all. An attacker could use this to cause a denial of service (ker...
CVE-2020-2509
PUBLISHED: 2021-04-17
A command injection vulnerability has been reported to affect QTS and QuTS hero. If exploited, this vulnerability allows attackers to execute arbitrary commands in a compromised application. We have already fixed this vulnerability in the following versions: QTS 4.5.2.1566 Build 20210202 and later Q...
CVE-2020-36195
PUBLISHED: 2021-04-17
An SQL injection vulnerability has been reported to affect QNAP NAS running Multimedia Console or the Media Streaming add-on. If exploited, the vulnerability allows remote attackers to obtain application information. QNAP has already fixed this vulnerability in the following versions of Multimedia C...
CVE-2021-29445
PUBLISHED: 2021-04-16
jose-node-esm-runtime is an npm package which provides a number of cryptographic functions. In versions prior to 3.11.4 the AES_CBC_HMAC_SHA2 Algorithm (A128CBC-HS256, A192CBC-HS384, A256CBC-HS512) decryption would always execute both HMAC tag verification and CBC decryption, if either failed `JWEDe...