The Path to Success as a Cybersecurity Startup
March 2, 2020
SC&H Group recently had the honor of participating in Blu Venture Investor’s Annual Cybersecurity Summit last month in Tysons Corner, VA. As a Gold Sponsor, we had the privilege of acting as a moderator to a panel discussing “The Path to Success as a Startup.”
Jeff Bathurst, Director, Technology Advisory moderated Roselle Safran, Entrepreneur in Residence for Lytical Ventures, Neill Sciarrone, Co-Founder and President of Trinity Cyber, and Adam Rogas, CEO of NS8.
A little more on each of the speakers below:
- Roselle Safran, Entrepreneur in Residence for Lytical Ventures a New York City-based venture firm, investing in Corporate Intelligence, comprising cybersecurity, data analytics, and artificial intelligence.
- Neill Sciarrone, Co-Founder and President of Trinity Cyber an organization disrupting adversary operations, control outcomes, to reduce risk enterprises.
- Adam Rogas, CEO of NS8 an end-to-end protection platform combining advanced data analytics with real-time scoring to outsmart threats and approve more orders so organizations can focus on expanding the business without the fear of fraud.
The panelists spoke of success stories to paths riddled with failures as well. The common theme across the board was: failure will happen, you will receive “No’s,” more often than not, and you must endure and carry on. The rate at which companies need solutions and services is the rate at which entrepreneurs need to crank out new ideas to fill these gaps.
Pete Ragone, Director, SC&H Group’s Tysons Corner office shared “Blu Ventures Investors does a great job with this event, creating an environment that facilitates introductions for entrepreneurs to investors and centers of influence in the Greater Washington, D.C. area. Yearly the panelists provide excellent insights on topics pertinent to start-up companies as well as companies who are currently doing business, but maybe are having trouble growing and/or bringing on financing to fund growth”
Ragone also stated “The annual pitch competition is a great way for companies to talk about their product and services to potential investors similar to the show “Shark Tank.” Participants gain valuable feedback on what they need to work on to potentially be successful.”
Anthony DiGiulian, Principal, SC&H Group’s Risk Management/IT Audit practice shared “the cybersecurity landscape continues to evolve, creating an increased risk for organizations and new opportunities for entrepreneurs. The DC Metro space, given its combination of talent and proximity, has the opportunity over the next 6-8 years to be at the forefront of cybersecurity talent in the U.S.”
This event provided the cybersecurity community with excellent content and up to date information regarding the state of cybersecurity in the U.S., but specifically the Federal space. It provided entrepreneurs at start-up ventures, as well as existing companies looking to grow, the ability to meet other like-minded individuals, access to potential investors and other key influencers in the cyber market in the Greater DC area.
It also provided an opportunity for organizations in the cyber realm who attended the ability to meet other like-minded individuals who are looking to grow and achieve their goal of potentially selling their company to a PE firm or strategic buyer.
We look forward to future events to support this vital community of cyber organizations. To learn more about SC&H Group’s cybersecurity practices visit Contact Us.