The world needs better security software, but it is increasingly hard to create and build a security company. That's why we started Cybersecurity Factory.

Security software startups face several unique challenges. The advantage of new technologies is hard to communicate, and can be even harder to demonstrate, to customers. Reputation is paramount, but can be damaged overnight. Sales models are rapidly evolving, and keeping up with them requires both agility and experimentation.

Hear more about our story on Forbes RDV U30 Series, Wired, Fortune, and Beta Boston.

Our goal is to bring you the capital, office space, and most importantly dedicated mentorship to help build your security business this summer.

The Cybersecurity Factory gives teams:

$35,000 Investment

Generous terms as a convertible note

Office Space

In Kendall Square's startup hotbed

Mentorship

Seasoned technical and business mentors to help transform your technical idea into a commercial solution

Network

A network of entrepreneurs and investors interested in security companies

We will run our program in Cambridge, MA this summer. We are looking for early-stage technical startups, and we prefer startups that have built some form of MVP. However, we have accepted many teams with just an idea, and they have done just as well!

If you are a student founder but are not interested in security, please check out our sister summer program Summer@Highland.

Applications for 2018 will open in January!

If you are still interested in our program or have any questions, please send us an email at team@cybersecurityfactory.com.

For updates, you can follow us on Twitter and Medium. You can also read some experiences of past Cybersecurity Factory summer teams: Commonwealth Crypto, Gitlinks, Pixm, Flare, Aikicrypt (now Stealthmine),

Cybersecurity Factory Team

Frank Wang   is a PhD student at MIT focusing on building secure systems. He did his undergraduate at Stanford, focusing on cryptography. He runs the MIT security seminar and is a member of the student team at Roughdraft Ventures, which provides small capital to early stage student startups. He has interned at the security teams at Google and Facebook as well as consulted for various security companies, such as Qualys.
Sean Dalton   is a partner at Highland Capital. Sean focuses on disruptive technologies in the mobile, enterprise and media markets. He represents Highland on the boards of Anova Data, CENX, ClearSky Data, ExaGrid, Infinio, QD Vision, Xometry. Previously, Sean acted as Venture Associate -- focusing on communications and electronic commerce at Fidelity Capital. Before that, he was a Product Manager for GTE (now Verizon), leading the nation's first DSL trial for Internet access. Sean holds an M.B.A. from Harvard Business School, an M.S., Electrical Engineering from University of Pennsylvania and a B.S., Electrical Engineering from University of Delaware.

Industry Mentors

Will Bechtel is Managing Director at PrevSec, a cyber security startup specializing in cloud based web application security services. Prior to PrevSec, Will was the Director of Product Management for the Web Application Scanning and Malware Detection Service at Qualys. In previous roles, Will was the Application Security Practice Lead for AT&T's Security Consulting and a Sr. Consulting Manager in the Application Security Practice for VeriSign's Global Security Consulting. Will has worked in 5 startup organizations, two of which have progressed to IPO.
Frank Catucci is currently the Director of Web Application Security and a Subject Matter Expert for Qualys. He has over 15 years experience in the Information Technology and Security field that spans enterprise, financial services, university/higher education, government, healthcare, legal, start-up businesses, public and private industries. Aside from his daily Web Application Scanning and Application Security duties, Frank also conducts security research, freelance penetration testing, and often speaks at information security conferences and events such as BSides, OWASP, ISSA, etc.
Maxwell Krohn was the CTO and co-founder of TheSpark.com, SparkNotes.com and OkCupid.com. He earned a PhD in Computer Science from MIT in 2008 with a focus on operating sytems and security. Most recently, he cofounded Keybase.io, a new company that makes cryptography more practical, through better U/X, and workable key distribution. He spends his days designing and programming security protocols in New York City.
David Ting was the co-founder and Chief Technology Officer at Imprivata where he directs all System Architecture and Research and Discover initiatives. He is a global expert in healthcare IT security, whose work in authentication and identity management have earned him a reputation for enabling "invisible" security. David has more than twenty years of experience in developing advanced imaging software and systems for high security, high-availability systems. Prior to founding Imprivata, he developed fingerprint and facial biometric applications for government programs and web-based applications for secure document exchange. At Eastman Kodak, David managed an engineering group that developed the software platform used in most of Kodak's digital photography products including Photo CD print applications. David also managed Atex System's Imaging Department, where he was responsible for the first full color output system used in the newspaper industry. He has been involved in a number of start-up ventures and was a member of the scientific staff at the BNR/INRS Labs in Montreal, a collaborative research institution jointly operated by Bell-Northern Research, McGill University and University of Quebec. David holds fourteen patents with several pending. He frequently speaks and publishes on issues relating to identity management, biometrics, secure clinical communications and healthcare IT security.
Justin Somaini is the Chief Security Officer at SAP and was the Chief Trust Officer at Box, Inc. With more than 15 years of information security experience, Somaini is seen as a leader in the industry who promotes an evolution of the security and risk management models. Through his public speaking and industry involvement he has given extensive talks and interviews on the threat landscape, public policy, security management and risk management. Prior to Box, Mr. Somaini created and held the role of Chief Information Security Officer (CISO) at Yahoo!, driving security planning and operations for the company, which serves more than 700 million consumers worldwide. Prior to Yahoo!, he was CISO of Symantec. He developed the company's Information Security Enterprise Risk Management process, worked cross-functionally to manage critical incidents to resolution and drove implementation of controls for both a significant threat environment and regulatory needs. In addition to his roles at Yahoo! and Symantec, Mr. Somaini was Director of Information Security at Verisign and an advisor to Qualys, Palo Alto Networks, Sentinel Labs, SourceClear, Solve Media and others. He received a Bachelor's of Science degree in Management Information Systems from Drexel University.
Jay Kaplan is the CEO and co-founder of Synack. Prior to Synack, Jay served in several security-related capacities at the Department of Defense, including the DoD's Incident Response and Red Team. Most recently, Jay was a Senior Cyber Analyst at the National Security Agency (NSA), where his focus was supporting counterterrorism-related intelligence operations. In 2015, Jay was selected as one of Forbes 30 Under 30 in Enterprise Technology. Jay graduated with a BS and MS in Computer Science from George Washington University, studying under a DoD/NSA-sponsored fellowship.
Harold Moss is the Sr Director of Strategy for the Akamai Security division, the leading provider of cloud services for delivering, optimizing and securing online content and business applications. Harold joined Akamai earlier this year, and leads the definition of Akamai's overall security strategy and business development efforts, including advising on enterprise related security requirements and capabilities, expanding overall security revenues for Akamai, and participating in broader strategic initiatives. Prior to joining Akamai, Harold was responsible for security strategy and emerging technology for EMC's Global security office. In that role he evaluated technologies necessary for the sustainability and protection of EMC corporation as well as participated in numerous IT leadership exercises for the broader EMC corporation, including providing advise and insights to EMC divisions and federation partners. Harold has held numerous security roles through out his career including that of Strategist, Big Data analyst and CTO for IBM corporation, as well as leading engineering and quality teams at numerous smaller organizations.
Jeremy Segal is Vice President of Corporate Development at LogMeIn. He was VP of Corporate Development at Akamai, the leading provider of cloud services for delivering, optimizing and securing online content and business applications. Prior to joining Akamai, Jeremy was a consultant at PriceWaterhouseCoopers in their mergers and acquisitions and corporate value consulting practices. Jeremy sits on the Board of Advisors for Point Judith Capital. Jeremy holds a Bachelor's degree in Government and Economics from Bowdoin College and an M.B.A. from Cornell University's Johnson School.
Mary Ellen Zurko (Mez) has made a career of encompassing both security research and product development. She is a member of the Office of the CTO, Security Business Group, at Cisco Systems, and a Principal Engineer on the Next Generation Firewall team. She leads the Cisco security patent committee and holds 30 granted patents. Prior to Cisco, she was the Security Architect for one of IBM's first cloud offerings, SaaS collaboration for business. She has been involved in the technical side of acquisitions at both Cisco and IBM, and successfully transitioned security research into product. She was named a Woman To Watch by Mass High Tech. She started her security career at DEC working on a high assurance A1 Virtual Machine Monitor, and defined the field of User-Centered Security while working as a Senior Research Fellow at The Open Group Research Institute. Mez is a founding member of the National Academies of Sciences Forum on Cyber Resilience. She is General Chair Elect of the Symposium on Usable Privacy and Security, and on the steering committee of New Security Paradigms Workshop. She has published research on security and the web, public key infrastructures, distributed authorization, active content security, and user-centered security. Mez received M.S. and B.S. degrees in computer science from MIT.
Raphael (Rafi) Yahalom is an Affiliated Researcher at MIT Sloan School of Management, focusing on Cyber-Security and Data Management. He co-founded Onaro, an enterprise data-storage management software company that was acquired by Netapp for $125 Million, with a 10x return to its VCs. Rafi received his PhD in Computer Science at Cambridge University, and BSc in EECS at the Technion- Israel Institute of Technology. Rafi served in the Israeli Navy and in the Israeli Air-Force and played Basketball in Israel semi-professional premier league, in Cambridge University Varsity Basketball team, and was selected to the British Universities All-Star Basketball team.
Chris Poulin brings a balance of technical skills and entrepreneurship encompassing 30 years in information security and software development to his role as Research Strategist for IBM's X-Force Research & Development team. Chris is responsible for researching and analyzing security trends as they relate to cybercrime, cyberwarfare, corporate espionage, hacktivism, and emerging threats, with a special focus on security for the Internet of Things (IoT), especially connected vehicles. Chris joins IBM through the Q1 Labs acquisition, where he served as CSO. He started his security career in the U.S. Air Force managing global intelligence networks and developing software. Chris left the Department of Defense to leverage his leadership and technical skills to found and build FireTower, Inc., a successful information security consulting firm serving many Fortune 100 clients.
Corey Thomas is President and CEO of Rapid7 and also a member of the Rapid7 board of directors. He has more than 15 years of experience in leading companies to the next stage of growth and innovation. His previous positions include VP of Marketing at Parallels, Inc., a virtualization technology company, Group Project Manager of the Microsoft Server and Tools division, launching the worldwide availability of SQL Server 2005 and steering product planning for Microsoft’s data platform, and a consultant at Deloitte Consulting. Corey received a B.E. in electrical engineering and computer science from Vanderbilt University and a MBA from Harvard Business School.
Vincenzo Iozzo is the CEO and Co-Founder of IperLane, Inc. Prior to IperLane, Vincenzo was an Entrepreneur in Residence at Rakoku Holdings where he focused on Information Security and FinTech. In addition to his work at IperLane, Vincenzo is a Partner at the Italian business incubator iStarter SpA. Vincenzo's specialised research in Mac OS X security, smartphone exploitation, and exploit payloads has been presented at information security conferences around the world including Black Hat, Microsoft BlueHat, Qualcomm Security Summit and TedX. Vincenzo serves as a committee member on the Black Hat Review Board and is a co-author of the "iOS Hacker's Handbook" (Wiley, 2012). He is perhaps best known for his participation in Pwn2Own, where he co-wrote exploits for Firefox, Internet Explorer, and Safari that placed second in 2012. Vincenzo also collaborates with the World Economic Forum on their Cyber Resilience project.
Chris Wysopal is Co-Founder, Chief Technology Officer at Veracode, which he co-founded in 2006. He oversees technology strategy and information security. Prior to Veracode, Chris was vice president of research and development at security consultancy @stake, which was acquired by Symantec. In the 1990's, Chris was one of the original vulnerability researchers at The L0pht, a hacker think tank, where he was one of the first to publicize the risks of insecure software. He has testified to the US Congress on the subjects of government security and how vulnerabilities are discovered in software. Chris received a BS in computer and systems engineering from Rensselaer Polytechnic Institute. He is the author of The Art of Software Security Testing.
Lee Weiner is the Chief Product Officer at Rapid7. He brings a wealth of security and product leadership experience to Rapid7, where he is responsible for leading the direction and delivery of Rapid7's entire product portfolio. Before becoming SVP of Products & Engineering he was VP of Products at LogMeIn, Inc., a provider of cloud-based remote connectivity solutions. He has also held leadership roles at several software security firms, including Netegrity, Inc., IMlogic, Inc., and Symantec Corporation. Lee received a B.A. from the University of Massachusetts.
Harry Sverdlove has been building and leading technology solutions for 25 years. He is founder and CTO of a new cyber security startup, Edgewise Networks, focused on operationizing security insights for IT professionals. Prior to founding Edgewise, Sverdlove was CTO for Carbon Black (formerly Bit9) where he led their technical and strategic vision, and helped grow the company from 40 to over 600 employees. He was principal research scientist for McAfee, Inc., responsible for the architecture of their web safety rating engine. He joined McAfee through its 2006 acquisition of SiteAdvisor, where he was Chief Scientist. Sverdlove is frequently quoted in leading media outlets including The Wall Street Journal, The New York Times, CNN, CNBC and many trade and vertical market publications as an expert on cyber security. He is also a regular speaker at industry events and conferences. Sverdlove earned a bachelor's degree in electrical engineering from the Massachusetts Institute of Technology.
Steve Surdu is the Principal of Surdu Consulting. He has assisted clients in a variety of computer security and general management areas. From 2007 until 2014 Steve was the Vice President of Professional Services at Mandiant. At Mandiant, Steve oversaw all aspects of Mandiant's consulting organization - including sales, business development, service delivery, research, recruitment, personnel development, process improvement and financial management. During his time at Mandiant his group conducted nearly 350 investigations while working for more than 30% of the Fortune 100. Steve has more than thirty years of experience in information technology consulting at Accenture, Cerner Corporation, BBN Technologies, Foundstone and Mandiant. He has worked with clients in many industries including financial services, high technology, healthcare, regulated industry, manufacturing, hospitality, energy, state/federal government, and retail.
Katie Curtin is a Lead Product Marketing Manager for Internet of Things (IoT) Security at AT&T. She has helped lead the AT&T cybersecurity business and is responsible for the development and management of its IoT security capabilities, which includes Machine-to-Machine (M2M) and emerging connected technologies. Katie is a seasoned sales and marketing leader with experience in mobility and cybersecurity. She holds a degree in Marketing from the University of Notre Dame and currently resides in Dallas, TX.
Kevin O'Brien is GreatHorn's CEO and Co-Founder. With a background in the cybersecurity industry that began in the late 1990s with the seminal security firm @stake (now Symantec), his expertise has helped GreatHorn become the market leader in the cloud communication security space. Prior to founding GreatHorn, Kevin held multiple senior executive roles in Boston-area startups. He is a frequent speaker, commentator, and author within the security industry, and has appeared both regionally and nationally to discuss data security and privacy issues. He holds a BA from the University of Massachusetts in Philosophy. Outside of the office, he holds a black belt in the martial art of Aikido, and is both an amateur carpenter and cabinetmaker.
Ed Moyle is currently Director of Thought Leadership and Research for ISACA. Prior to joining ISACA, Ed was Senior Security Strategist with Savvis and a founding partner of the analyst firm Security Curve. In his 20 years in information security, Ed has held numerous positions including: Senior Manager with CTG's global security practice, Vice President and Information Security Officer for Merrill Lynch Investment Managers, and Senior Security Analyst with Trintech. Ed is co-author of Cryptographic Libraries for Developers and a frequent contributor to the Information Security industry as author, public speaker, and analyst.
Diana Kelley is Field CTO for Microsoft Cybersecurity. She was the Global Executive Security Advisor to IBM Security and manage the IBM Security Newsroom. As Global ESA, she leverages my 25+ years of cyber risk and security experience to provide advice and guidance to CISOs and security professionals. She is a regular contributor to SecurityIntelligence, X-Force Research and a co-author of IBM's "Securing the C-Suite" study. She is also a faculty member with IANS Research and serve on the Advisory Board for InfoSec World, Structure Security and the Content Committee for the Executive Women's Forum. She was an IEEE "Rock Star of Risk" in 2016 and speak frequently at major conferences including: TED, RSA, CyberTech, CompuTex, and InfoSec World. She has been quoted as a cybersecurity expert in many publications including: NYTimes, TIME, MSNBC.com, Fortune, Information Security Magazine and The Wall Street Journal. Along with Ed Moyle, she co-authored the book Cryptographic Libraries for Developers, and wrote the chapter on "PKI and Directories" for the PKI: Wiley Tech Brief. In 2016, she was a guest lecturer at Boston College's Master of Science in Cybersecurity program.
Yonatan Striem-Amit is the CTO and co-founder of Cybereason. He is a machine learning, big data analytics and visualization technology expert, with over a decade of experience applying analytics to security in the Israeli Defense Forces and Israeli Governmental Agencies. Prior to founding Cybereason, Mr. Striem-Amit headed the development for Watchdox, a leading DRM and SaaS security startup.
Ron Hale is a researcher, business leader, risk manager and information security / cybersecurity practitioner and consultant with decades of experience helping practitioners and enterprises to protect information and information systems. He brings the perspective that security needs to be integrated into the business as part of a systemic design. Ron has worked with leading enterprises to help them understand security requirements and to build solutions which enable the business by integrating security technology and programs as part of a holistic solution. Ron currently is the chief scientist at Cooraclare Institute, and was the Chief Knowledge Officer for ISACA, a global professional association serving the needs of risk management professionals in IS Audit and Assurance, Enterprise Risk Management, Information Security Management and the Governance of Enterprise Information and Information Technology. He has been recognized as a thought leader in Governance by the National Association of Corporate Directors and is a subject expert participating in standards development as part of ISO SC27. Ron has a master's degree in Criminal Justice from the University of Illinois and a doctorate in Public Policy and Administration from Walden University.
Michael Viscuso drives the development of Carbon Black's long-term company and product strategy. He was cofounder and chief executive officer of Carbon Black, which merged with Bit9 in February 2014. A business-minded technologist, Viscuso is known for his drive and sense of mission and is highly regarded in the Computer Network Operations community as a top mind in offensive security. He cofounded Carbon Black in 2011 to provide organizations with unmatched protection, detection and incident response capabilities. Prior to the merger with Bit9, Viscuso led Carbon Black's rapid rise and brand recognition in the market. Viscuso earned bachelor's degrees in mathematics and computer science at Villanova University.
Benjamin Warsinske has worked with clients around the world, from conceptualizing resort residential communities in the Middle East to engaging in highly strategic studies with the United States Air Force across the Pacific Theater. He is a recognized thought leader in brand strategy and is a frequent contributor to a number of publications, including the Huffington Post and HustleTime Magazine. Mr. Warsinske is the author of GroundWork, a new book that provides a simple framework to develop a foundation for an unshakable brand. As founder and CEO of BrandedWorld.co, he and his team work with clients to build unshakable brands and deliver exceptional brand experiences.
Michael Coates is the Chief Information Security Officer at Twitter. He leads Twitter's security program across all elements of information security. Coates is also the former chairman and a current member of the global board of directors for OWASP, the largest open source application security community. Michael has been a leader in the security industry for over a decade where he focuses on building risk and security programs for technology companies such as Twitter, Mozilla, financial institutions and government. Michael was featured as one of SC Magazine's Influential IT security minds and is a strategic advisor for several startups.
Joel Quejada is a technology professional with 25 years of extensive experience in the mobility and telecommunications industries, working with world leaders in mobility and telecommunications services. Currently, Joel is responsible for cybersecurity innovation at a global leader in media and telecommunications, working with the security industry and the startup community to find truly innovative partners and help bring their solutions to market. Joel acts as a liaison between the security product development team and innovation centers to help ensure the most innovative products are brought to market as quickly as possible. Joel is frequently engaged as an innovation and technology subject matter expert conferences, meet ups, industry events, and investor relations and media tours. Joel is also a regular mentor at local hackathons as well as the local chapter of the Young Entrepreneurs Academy.
Diogo Monica is the security lead at Docker, an open platform for building, shipping and running distributed applications. He was an early employee at Square where he led the platform security team, has a BSc, MSc and PhD degrees in Computer Science, serves on the board of advisors of several security startups, and is a long-time IEEE Volunteer.
Sam Curry is the Chief Product Officer and Chief Security Officer at Cybereason. He is an IT security visionary with over 25 years of IT security industry experience. Sam served as Chief Technology and Security Officer at Arbor Networks, where he was responsible for the development and implementation of Arbor's technology, security and innovation roadmap. Previously, he spent more than seven years at RSA (the Security Division of EMC) in a variety of senior management positions, including Chief Strategy Officer, Chief Technologist and Senior Vice President of Product Management and Product Marketing. Sam has also held senior roles at Microstrategy, Computer Associates, and McAfee and has led 2 startups in addition to 24 patents (to date) and sitting on the boards of Sequitur Labs, Inc and the Coalition for Cybersecurity Policy and Law.
Ellen Dulberger had responsibility for designing and implementing IBM's Enterprise Risk Management program from 2006 until her retirement in 2012. From the beginning, the effort engaged the senior executive team to focus on strategic and operational risk and across all dimensions of the management matrix. Ellen's background in business strategy development and economic analysis and measurement contributed to her business insight and to developing methodologies to analyzing risk and measuring risk management effectiveness. Over the preceding decade of her career, Ellen held several strategy development roles. Drawing on her economics background, Ellen was well suited to developing insights into the big picture, and using her abilities to see the forest for the trees, helped the company identify and pursue non-traditional opportunities and with non-traditional approaches. One example was called at the time, "Intelligent Infrastructure" which evolved along one branch into Cloud Computing.

Alumni

Jean Yang is an assistant professor in computer science at Carnegie Mellon University. She was one of the founders of Cybersecurity Factory. Jean creates programming languages and tools that make it easier for people to write the programs they intend to write. During her PhD she created a language, Jeeves, that automatically enforces information flow policies for security and privacy. She graduated with a degree in Computer Science from Harvard University in 2008 and has interned at Google, Facebook, and Microsoft Research. She won Best Paper Award at the Programming Language Design and Implementation conference in 2009 for her paper "Safe to the Last Instruction: Automated Verification of a Type-Safe Operating System."

Frequently Asked Questions

Q: What is the Cybersecurity Factory?
A: A 10-week summer program for early-stage security startups. We will provide access to mentors, leadership development programming for the founding team, access to potential customers, and a community for providing feedback on both the technical solution and the consumer-facing product.
Q: What is the scope of our program?
A: We will fund and mentor a handful of teams in Cambridge, MA for the summer. We will provide programming to help the teams build their brands. At the beginning of the program, each team will be assigned a handful of mentors that will work directly with the team. As the summer progresses, mentors might shift, but each team will have a dedicated mentor group. A partner at Highland Capital will work with the teams to provide a friendly venture perspective.
Q: What teams are eligible?
A: Any team can apply. We will give preference to teams with 2-3 members. An MVP is preferred and not required. We have accepted many teams without MVPs, and they have gone on to do very well.
Q: What is the structure of the program?
A: The goal is to provide sufficient support to be beneficial to teams without getting in the way. We will have some networking lunches with our security mentors, and we go on a trip to Blackhat! The Cybersecurity Factory team will be available for workshopping both the technical and business aspects of the product. There will be a close affiliation with Highland Capital Partners. Teams in the past have found our approach to be very effective!
Q: Does our team need an idea to apply?
A: We prefer teams have an idea before they apply. Although we know at an early, companies might pivot, but we believe having an idea allows teams to have a starting point for conversations with mentors.
Q: What do teams get out of this?
A: Besides getting access to money and office space, teams will benefit from the following:
  • Environment for technical feedback and support.
  • Network of investors and potential customers.
  • Business and technical mentoring by investors and academic advisors.
  • Community of founders interested in technical security problems.
Q: Do I have to move to Cambridge/Boston?
A: Our program will provide office space, and from our past experience, teams have found this space in Kendall Square to be convenient. Our programming is very limited to allow teams to focus on business and product development. However, there are a few events and meetings throughout the summer, such as "mock" board meetings, mentor meetings, and networking lunches, which can provide a lot of value for teams. With that said, some teams move to Cambridge for the summer while others have "commuted" to various events because they are already traveling so much for customer meetings. Ultimately, it is up to your team, but teams who spend more time in Cambridge/Boston tend to get more value out of our program.
Q: What do we expect teams to achieve by the end of the summer?
A: A technical artifact, a customer demo, and a honed customer pitch of the product. A stretch milestone is to raise seed funding within three months of leaving the Cybersecurity Factory. Many of our teams have gone on to raise follow on rounds like Commonwealth Crypto and Stealthmine (formerly Aikicrypt) .
Q: What happens after my application is submitted? How long will it take to hear back from you?
A: We plan to have a quick turnaround. Your application will be reviewed by at least two people (including one of the core team) before we decide to pass on it or move forward. Once we make a decision, we will reach out. If your team needs quicker turnaround, please email us at team@cybersecurityfactory.com.
Q: What happens after the summer?
A: The goal of the summer camp is to provide better guidance on your security product. During the summer, we will connect you with customer and mentors so that you can find better product-market fit. We hope that our companies continue to work on their product and raise followup funding, and we will make the appropriate introductions to other investors. We will also be in contact to help you with any other needs and problems. Finally, we now have a small but strong group of alumni companies who can help you navigate the security space and provide mentorship.
Q: What is the nature of your partnership with Highland for this program?
A: Highland Capital Partners is a 31-year old venture capital firm, with offices in Palo Alto and Cambridge. The firm invests heavily in all areas of infrastructure software, but has particular depth in cybersecurity with its investments in Carbon Black, Bromium, Imprivata, Malwarebytes, vArmour, and others. Highland wants to help build the next generation of startups like these and is partnering with us to fund both the participating companies and the program itself.
Q: What financial support do we get from Highland?
A: Highland will invest $35k in each selected team’s company. In an effort to use a standard and straightforward structure, Highland provides this capital via an uncapped convertible instrument modeled after the Simple Agreement for Future Equity (SAFE) financing documents. In addition, Highland will have the option to invest up to $250k in the first $1M you raise in excess of the aforementioned $35k note. Highland wants to be able to support the teams beyond the summer, especially those who decide to continue down the track of building significant companies (and many do!).
Q: Can I participate in another accelerator or program like NSF I-Corps?
A: Yes! We have found that having some outside support might be helpful for teams. Our only requirement is that you use the Highland Capital Office in Cambridge as your main "office" for the 10 weeks.

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