RSA Conference has revealed that NuID, Styra and Spherical Defence will each be participating in the first-ever RSAC Launch Pad, an event designed to give growing cybersecurity firms the chance to share their industry solutions and pitch their business to industry executives.
NuID, Spherical Defence and Styra were selected by the participating VCs earlier this year from a pool of applicants that had been incorporated for two years or less, were privately held with no revenue and had no more than a first round of funding. On 5 March, the startups will have 10 minutes to convince leading security venture capitalists (VCs) Theresia Gouw, co-founder of Aspect Ventures, Enrique Salem, partner at Bain Capital Ventures, and Ted Schlein, managing and general partner at Kleiner Perkins Caufield & Byers, of their ideas for a chance to receive VC funding and/or mentorship support.
“We’re continuing to expand the innovation program at RSAC to reach entrepreneurs at all stages in their career, at all levels of product development and from every corner of the globe,” said Sandra Toms, vice president and curator of RSA Conference. “With the growing Early Stage Expo, the half-day Innovator and Entrepreneur Seminar, the Innovation Sandbox Contest and the addition of RSAC Launch Pad, we’re striving to give creative thinkers and entrepreneurs the preeminent platform they need to gain exposure and make a lasting change on our industry.”
The expanding emphasis on innovation at RSA Conference illustrates our commitment to bringing wide varieties of people, content and ideas to the table to address the growing cyberthreat around the world.”
The finalists vary in their specialties. NuID is a pioneer in trustless authentication and decentralised digital identity. Its solution uses zero knowledge cryptography and blockchain technology to remove the need to store passwords, with a mission to end mass credential breaches by returning data ownership to the user.
Spherical Defence is backed by the GCHQ Cyber Accelerator and is building a product for application-layer anomaly detection powered by deep learning and natural language processing. The firm is currently working with some of the largest Silicon Valley tech companies.
Styra, on the other hand, enables enterprises to define, enforce and validate security across their Kubernetes environments. Its Declarative Authorization Service provides a library of policies to mitigate risks, reduce human error and accelerate development.
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