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hack/secure Unites 25 of the Top Entrepreneurs to Help Form and Fund 100 U.S.-based Cybersecurity Companies over the Next Three YearsToday, serial entrepreneur and venture capitalist Chris Lynch along with partner Cort Johnson unveiled hack/secure, an invite-only investment syndicate to help U.S. citizens build cybersecurity companies to ensure the United States leads the global effort in protecting the free world. At launch, hack/secure includes a syndicate of 25 of the industry's pre-eminent and proven entrepreneurs investing in the next generation of cybersecurity entrepreneurs. The organization already has local presence in Austin, Boston, Washington DC and New York. hack/secure was founded and is run by Chris Lynch and Cort Johnson of Accomplice. The 25 entrepreneurs and angel investors forming the syndicate serve as hack/secure leads. Using the power of the AngelList platform, when a lead finds a company they want to invest in, hack/secure backs that lead's investment with up to $250,000 of additional investment capital. "The world runs on software. It powers everything from the banks that govern our financial system, the computers that fly our airplanes and drive our cars, to the power plants that generate our energy," said Lynch. "WWIII is already underway, and it's a cyber war. We believe it will be won with hands on the keyboard, not boots on the ground. The cybersecurity industry is just as important to protecting the free world as the manufacturing industry ws to supporting the Allied forces victory in WWII. hack/secure is our effort to ensuring America leads the protection of our way of life and that of the free world."
hack/secure in action: Kolide Kolide is led by co-founder and CEO Jason Meller, formerly Chief Security Strategist at FireEye (News - Alert). The founding team also includes Mike Arpaia and Zach Wasserman from Facebook's elite security team, where the two built and open sourced osquery, which is used to ensure the security of hundreds of thousands of Facebook's endpoints. "Jason approached me with an incredible idea to leverage open source technology at the endpoint to solve some big challenges in a way I had never seen before," said Webber. "As someone who has built their entire career contributing to and relying on open source technology, I understood the benefits to that approach instantly. What you have here are the raw elements to break the endpoint market wide open and I knew that if we could bring in additional open source innovators like Mike and Zach, we'd have something super special here to invest in through hack/secure." Kolide's mission is to take on the nascent endpoint security and dev-operations space by building an enterprise-grade experience and tooling around Facebook's popular osquery project. "Wide proliferation of network encryption has effectively neutered some of the best detection tools security experts have relied on for decades," said Kolide CEO Jason Meller. "Visibility at each individual machine is the only remaining effective way for organizations who care about cyber attacks to regain that lost sight. Unfortunately, most the endpoint technologies out there are proprietary, and you are effectively trusting the vendor that you aren't introducing more holes. An open source solution like Facebook's osquery, which can be scrutinized and improved by every expert in the field, is the solution. A ton of organizations are already making major investments in osquery because of its current capabilities. When they see the value we add with Kolide, their bet on the technology will be paid off 100 fold."
About hack/secure
hack/secure syndicate members include:
View source version on businesswire.com: http://www.businesswire.com/news/home/20160627006266/en/ |
