Swiss security and business software startups reach maturity

After more than three years of milestone-based support and coaching, the Swiss Innovation Agency awarded five cybersecurity and ICT startups the Innosuisse Certificate, after they were able to demonstrate remarkable progress achieved during the programme. The certificate recognizes their readiness for external investment and sustainable growth. Part 4 of our series with companies awarded the Innosuisse Certificate. The following startups are the new holders of the certificate.

Futurae Technologies – provides companies with a seamless end-user authentication, transaction confirmation, and fraud prevention solution, securing millions of customers of some of the world’s largest banks and financial institutions, online retailers, hospitals, or public institutions. Since its establishment in 2016, the startup has attracted over 120 customers, including some of Europe’s most critical financial systems like banks, insurance companies and online retailers. Together, the customers generate over 8 million monthly transactions. The Innosuisse Certificate thus comes at a time of the startup’s rapid growth.

Xorlab – built machine-intelligent software understanding human communication behaviour and relationships to uncover even the most sophisticated email cyber attacks, thus allowing security leaders to control the attack surface across tens of thousands of individual relationships in real time. Major global banking, tech, and healthcare organisations rely on xorlab to protect their employees against ransomware, phishing, and fraud. 

Signifikant - offers advertisers a tool to analyse the impact of their online and offline campaigns, enabling them to generate 30% return on investment. By understanding how well each channel performs, companies can adapt their strategy to manage their campaigns more efficiently. The startup has already attracted numerous customers, including Swisscom, Brack.ch, Rivella, Bank Cler, Migros, Decathlon etc. It also relies on partnerships to provide customers with the best possible value and a comprehensive solution. One of its partners is Bearing Point, with whom the startup offers strategy development and implementation of a seamless overview of CRM and brand marketing from a single source. Aside from these developments, the company has grown the team to 13 people, raised funding and won multiple awards.

Veezoo – Since its founding in 2016, Veeezoo has followed its mission of empowering every employee with data-driven decisions. The ETH spinoff developed an analytics system that understands users’ domain, data, and questions and provides them with answers in the most understandable way ­– like Siri or Alexa. Businesses and data-driven teams use the veezoo’s self-service analytics platform in various situations. An example is Valora, which deployed the platform to analyse their sales performance, their new loyalty program and customer’s buying pattern. Baloise deployed the solution for its marketing campaigns, while Hahn Air offered Veezoo to its Key Account Managers working with travel agencies and airlines to support data-based decision-making..

Avatronics – Lausanne-based startup AVAtronics launched the first and only true wide-band Active Noise Cancellation (ANC) technology, capable of selectively cancelling all unwanted noises without compromising the quality of music or speech. The technology applies to many products in the audio industry, including stereo headphones, earbuds and speakers.

Eyeware tech – developed a software-only head and eye tracking technology for webcams and 3D sensors to advance natural connections between people and their devices. Its patent-pending remote head pose-and-gaze tracking technology is trusted by industry leaders in the consumer electronics and automotive sectors. AMD Privacy View is one of the companies using the startup’s proprietary computer vision algorithms and machine learning technology to enable private screen viewing on laptops and PC monitors. Alongside its headquarters in Switzerland, the company has offices in Canada and Tokyo.

Visit the Innosuisse website to learn more about the Innosuisse coaching and the Innosuisse Certificate. 

This article is part 4 of our series with companies awarded the Innosuisse Certificate. You can find the other articles by using the "Innosuisse" tag.