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Cybersecurity startup BinaryEdge accelerates in London

20.03.2019 08:25
London

Seven startups joined the ninth cohort of CyLon’s ninth accelerator program for cybersecurity in London. Among the startups, hailing from the UK and Israel is also Swiss startup BinaryEdge.

CyLon, with hubs in London and Singapore, helps emerging cyber businesses grow while also investing in the companies. Since its launch in April 2015 CyLon has supported more than 83 companies and has a portfolio valued at more than £400 million. Its alumni have raised over £120 million of follow-on funding.

Now, Zurich based startup BinaryEdge has joined CyLon’s ninth cohort in London. The Zurich-based cybersecurity startup acquires, analyzes and classifies internet wide data to create real-time threat intelligence streams and security reports, which detail a user’s full attack surface.

CyLon’s three-month programs run twice a year in each hub. Participating startups receive access to office space, training and workshops delivered by industry specialists and experienced entrepreneurs, as well as access to a large network of buyers, investors and advisors. Each company also receives investment by CyLon in return for an equity stake. At the end of each program, the participants present their businesses to prospective customers, investors and partners.

(SOK)

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