Industrial Cyber Security Innovator Selected from over 2,000 Startups for Coveted Annual Technology Award
SANTA CLARA, Calif., May 10, 2016 – Indegy, the industrial cyber security company, today announced that it was named a “2016 TiE50 Winner” at the prestigious annual TiECon conference in Santa Clara, California. Each year, over 2,000 tech startups are evaluated by a panel of experts that select 50 winners based on the nominees’ intellectual property, business model and team. Winners were announced May 6 at the TiECon Conference, which included a business presentation by Indegy’s CEO Barak Perelman.
“It is an honor to be selected a TiE50 winner from such a large and innovative group of startup technology companies,” said Barak Perelman, CEO of Indegy. “This recognition from the TiECon organization and judging panel of venture capitalists and domain experts provides powerful validation for our technology and business model and its ability to serve our mission to protect critical infrastructures from cyber threats.”
Indegy provides real-time visibility and security for industrial control systems (ICS) used across all critical infrastructure sectors (energy, power, water utilities, petrochemicals, manufacturing, etc.). The Indegy platform is natively designed for ICS networks and provides unprecedented visibility and control to ensure operational reliability and protect against cyber attacks, malicious insiders, and operational mistakes. The Indegy platform monitors all ICS network activity with a unique focus on proprietary control-layer protocols, and provides critical real-time visibility into controller logic changes, configuration changes, firmware uploads and downloads and controller state. The Indegy platform enables ICS engineers and security staff to quickly pinpoint the source of problems and effectively respond to prevent operational disruptions and physical damage.
“The TiE50 Program is one of TiE Silicon Valley’s most successful programs. This year, the screening committee included 47 judges who are highly accomplished domain experts, senior executives, venture capitalists, and marquee tech entrepreneurs,” said program co-chair Karpagam Narayanan. “The TiE50 program’s track record since its inception in 2009 shows an overwhelming 92% percentage of start-ups to get funded within one year of being recognized! About 130 Top Start-ups had successful exits so far.”
TiEcon is the world’s largest conference for entrepreneurs and intrapreneurs with loyal participation from top technology companies, leading venture capital firms, and global service providers. Each year, about 5000 attendees from across the world converge upon the Silicon Valley to attend TiEcon. Attendees come together to network and experience content rich sessions TiEcon was listed by Worth Magazine as one of the 10 best conferences for ideas and entrepreneurship along with TED and the World Economic Forum. For more information on TiEcon, visit http://www.tiecon.org/.
Indegy provides real-time situational awareness, visibility and security for Industrial Control Systems (ICS) used across critical infrastructures — energy, water utilities, petrochemical plants, manufacturing facilities, etc. The Indegy platform monitors control-layer activity to ensure the reliability of ICS networks and protect against cyber attacks, malicious insiders and operational mistakes. For more information visit www.indegy.com, and follow us on Twitter and LinkedIn.
Marc Gendron PR