PwC, CyLon partner and reveal first 10 companies to make its debut cybersecurity accelerator

PwC has teamed up with CyLon to launch is first Scale | Cyber programme which will help ‘high potential’ scale-up businesses working in the space.

Eight international scale-ups have been selected to take part in the program’s maiden cohort, undertaking a 10-week program which will help raise their profile, it said. The accelerator also hopes to help the businesses identify commercial opportunities and prepare for growth.

The accelerator is taking place in London and will introduce the cohort to potential customers, decision makers and thought leaders in the space, helping them to evolve their current offering.

During the program, the businesses will be involved with development curriculum and receive advice from entrepreneurs and experts around leadership, operational growth, investor readiness, sales and marketing, and market views on cybersecurity.

This accelerate will culminate in an evening demo session where the cohort will present to a room of PwC and CyLon’s network.

EverCompliant, which offers cyber intelligence tools to stop transaction laundering, is one of the eight companies to make the debut group. Its platform mines a plethora of data sources and cross references these with millions of data points to help businesses verify those it engages with.

Semperis also made the group, with its identity-driven cyber resilience solution. Businesses can utilise Semperis to improve visibility of their hybrid identity environment, instantly roll back unwanted changes and automate the forest recovery process.

The remaining companies include data synthesisation tool for improve fraud detection Hazy, critical security services consolidation platform Censornet, secure blockchain solution for supply chains Applied Blockchain, remote access service for sensitive datasets Dispel, application security platform OneClick, and threat management dashboard Cloud Conformity.

PwC cyber security partner Richard Horne said, “Cyber security risk continues to rank highly amongst CEOs’ top threats to their organisation. We need innovative new businesses like our cohort to help tackle the latest cyber threats and build a more secure digital society.

“This programme will support these high growth scale-ups on their journey and help generate mutually beneficial commercial opportunities and relationships with established organisations.”

Last week, Singapore-based cybersecurity accelerator programme ICE71 revealed the 10 companies which completed its latest program. Having completed the program, the companies each received $22,000 each in funding.

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