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= = Accelerating Cybersecurity Innovation
October 16, 2018
Accelerating Cybersecurity Innovation = = October 16, 2018 - - PowerPoint PPT Presentation
= Accelerating Cybersecurity Innovation = = October 16, 2018 www.mach37.com Americas Premier Cybersecurity Accelerator = MACH37 TM is creating the next generation of disruptive cybersecurity product companies. Launched 43 start-ups
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October 16, 2018
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MACH37 2214 Rock Hill Road, Suite 270 Herndon, VA 20170
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www.mach37.com MACH37 2214 Rock Hill Road, Suite 270 Herndon, VA 20170
– For initial investment ($50,000), MACH37 companies commit to establishing a significant presence in Virginia within two years (e.g., regional sales presence, government services operation) – Additional matching funds ($100,000) from the CIT GAP Funds require companies to establish headquarters in Virginia
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solving problems they faced in industry
companies seeded – 70% seed rate tracks best-of-breed accelerators – The Fall 2014 Cohort achieved an 85% seed funding rate – $7.0M in leveraged capital – 5.0x leverage ratio – Multiple Series A rounds expected for next 12 months – Will double current
leverage ratio and unrealized ROI
MACH37 2214 Rock Hill Road, Suite 270 Herndon, VA 20170 MACH37 2214 Rock Hill Road, Suite 270 Herndon, VA 20170
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MACH37 2214 Rock Hill Road, Suite 270 Herndon, VA 20170
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Maturity
Founding Team Established Prototype Completed Initial Seed Round Raised Beta Deployment Achieved Reference Customers Established
Invested Capital
MACH37 2214 Rock Hill Road, Suite 270 Herndon, VA 20170 Series A Investment
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MACH37 2214 Rock Hill Road, Suite 270 Herndon, VA 20170
Jason Chen – Chief Executive Officer 15+ years of business stategy. Founder of VentureScope. Jen O’Daniel – Investment Director Leads cybersecurity investments for MACH37 and CIT. Co-host of Cyberscoop’s Securiosity
group.
Tom Weithman – Chief Investment Officer Managing Director of CIT GAP Funds, Board Member, Virginia Tech Intellectual Property Foundation, IBM, Hughs Electronics David Ihrie– Chief Technology Officer CTO of the Center for Innovative Technology, CTO of the National Technology Alliance, VP of Government Programs for Semandex Networks, principal in five technology startups
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Overall further along product development and customer engagement
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Network & Infrastructure Security Web Security Endpoint Security Risk & Compliance Identity & Access Management Threat Intelligence IOT Digital Risk Mgt Blockchain Cloud Security
(Sopho s) (Silico m) (Symante c)
Security Ops & IR Messaging Security Fraud & Transaction Security Security Consulting MSSP
(CA)
Data Security
(Thycoti c)
Mobile Security
(Okta)
Application Security
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Source: CBInsights
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Source: CBInsights
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Source: CBInsights
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Source: Pitchbook
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Source: CBInsights
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Source: Momentum Cyber
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Source: Momentum Cyber, Pitchbook
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Security Spending by Segment, 2017-2022 (Constant $ Millions) - May 2018 CAGR 2017 2018 2019 2020 2021 2022 2017 2018 2019 2020 2021 2022 2017-2022 Identity and Access Management Web Access Management 1,150 1,193 1,239 1,290 1,343 1,401 3.8% 3.8% 3.8% 4.1% 4.1% 4.3% 4.0% Other Identify Access Management 1,605 1,806 2,025 2,226 2,435 2,695 15.4% 12.6% 12.1% 9.9% 9.4% 10.7% 10.9% Identity Governance & Administration 1,927 2,096 2,282 2,488 2,719 2,968 8.8% 8.8% 8.9% 9.0% 9.3% 9.1% 9.0% Total 4,681 5,095 5,546 6,003 6,497 7,064 9.6% 8.8% 8.9% 8.2% 8.2% 8.7% 8.6% Infrastructure Protection Endpoint Protection Platform (Enterprise) 4,063 4,161 4,261 4,367 4,474 4,588 2.4% 2.4% 2.4% 2.5% 2.5% 2.5% 2.5% Other Security Software 5,892 6,405 6,978 7,668 8,387 9,280 9.2% 8.7% 9.0% 9.9% 9.4% 10.6% 9.5% Secure E-mail Gateway 1,632 1,649 1,664 1,679 1,691 1,712 1.1% 1.0% 0.9% 0.9% 0.7% 1.2% 1.0% Secure Web Gateway 2,342 2,509 2,690 2,891 3,114 3,339 7.1% 7.1% 7.2% 7.5% 7.7% 7.2% 7.4% Security Information and Event Mgt (SIEM) 2,363 2,583 2,826 3,099 3,404 3,723 9.0% 9.3% 9.4% 9.6% 9.8% 9.4% 9.5% Data Loss Prevention 965 1,060 1,166 1,286 1,421 1,558 9.6% 9.9% 10.0% 10.3% 10.5% 9.6% 10.1% Security Testing 679 775 884 1,010 1,156 1,319 13.9% 14.1% 14.1% 14.3% 14.4% 14.1% 14.2% Total 17,937 19,141 20,471 22,000 23,647 25,519 6.7% 6.7% 6.9% 7.5% 7.5% 7.9% 7.3% Network Security Equipment IPS Equipment 1,199 1,007 937 864 784 709
Firewall Equipment 10,743 11,749 12,737 13,584 14,355 15,133 15.0% 9.4% 8.4% 6.6% 5.7% 5.4% 7.1% Total 11,942 12,756 13,674 14,448 15,140 15,842 10.3% 6.8% 7.2% 5.7% 4.8% 4.6% 5.8% Security Services Consulting 20,743 22,561 24,517 26,568 28,736 31,125 7.4% 8.8% 8.7% 8.4% 8.2% 8.3% 8.5% Hardware Support 1,613 1,703 1,799 1,896 2,000 2,109 6.1% 5.6% 5.6% 5.4% 5.5% 5.5% 5.5% Implementation 17,478 18,624 19,821 21,100 22,464 23,940 7.2% 6.6% 6.4% 6.5% 6.5% 6.6% 6.5% IT Outsourcing 18,689 20,720 23,135 25,809 28,757 32,050 10.8% 10.9% 11.7% 11.6% 11.4% 11.5% 11.4% Total 58,524 63,608 69,272 75,373 81,956 89,224 8.7% 12.2% 9.0% 8.9% 8.8% 8.9% 9.6% Consumer 5,225 5,305 5,383 5,464 5,550 5,639 1.4% 1.5% 1.5% 1.5% 1.6% 1.6% 1.5% Grand Total 98,308 105,905 114,346 123,289 132,790 143,287 7.9% 7.7% 8.0% 7.8% 7.7% 7.9% 7.8%
Source: Gartner
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failures will result from inadequate customer management of identities, access and privileges
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– DDoS protection – Bot management – CDN – Magecart breech
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