WASHINGTON, May 17, 2017 /PRNewswire-USNewswire/ -- Strategic Cyber Ventures, the industry's first cybersecurity focused growth fund, today announced its participation in the 2nd Annual Cyber Investing Summit being held on Tuesday, May 23, 2017 at the New York Stock Exchange. Tom Kellermann, CEO of Strategic Cyber Ventures, is presenting on a panel, "Show Me the Money: Funding for Startups." Other panel participants include:
- Bob Ackerman, Founder & Managing Director, Allegis Capital
- Alberto Yepez, Co-Founder & Managing Director, Trident Capital Cybersecurity
- Moderator: Kori Hale, Anchor, Cheddar
This all-day conference will bring together nearly 200 leading cyber professionals, technology analysts, venture capitalists, fund managers, investment advisors, government experts, and more, to focus on investing in the cybersecurity industry. According to Cybersecurity Ventures' quarterly Cybersecurity Market Report, investing in cybersecurity is predicted to exceed $1 trillion in cumulative spending on products and services over the next five years from 2017 to 2021. Attendees of this event will explore the financial opportunities, trends, challenges, and investment strategies available in the high growth cyber security sector.
"Cyberspace has become increasingly hostile. Legacy security technologies have failed against today's threat. We have met with scores of cybersecurity entrepreneurs, many of which grew out of the national security community," said Kellermann. "The security market is oversaturated with feature vendors. At Strategic Cyber Ventures, we're taking a whole new approach to investing. We're looking for portfolio companies that have proactive security technologies that can suppress the adversary. As such, we've made investments in TrapX Security, ID Dataweb, Polarity and E8 Security because these companies fit the bill of intrusion suppression. In the coming months, we'll be building out our portfolio with new, complementary security products that can truly thwart advanced cybercriminals."
For a full list of speakers and more information please visit: http://cyberinvestingsummit.com/
About Strategic Cyber Ventures
Headquartered in Washington, D.C. and founded in February 2016 by a team of knowledgeable cyber operators, Strategic Cyber Ventures (SCV) invests in cybersecurity companies that disrupt advanced cyber adversaries and revolutionize the cyber product marketplace. The team at SCV has very deep roots in both U.S. government and the domestic and international business communities. SCV's mission is to advance cybersecurity through expert investment in synergistic teams and technologies that can solve the world's security problems. If you'd like to learn more about SCV, please visit: https://scvgroup.net
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SOURCE Strategic Cyber Ventures