Mach37 Alum Hill Top Security Wins Virginia Velocity Tour NoVA Award

hill-top-security-virginia-velocity-tour-winner-full

Hill Top Security CEO and Mach37 Alumnus Tom Gilmore, second from left, accepting the Virginia Velocity Tour Award for Northern Virginia, September 2016

The Mach37 family was busy last Thursday. We announced our Fall 2016 Cohort and a new Mach37 platinum sponsor, SAP National Security Services. On the same day, spring 2016 cohort alumnus Hill Top Security won the Virginia Velocity Tour Northern Virginia Region pitch competition and the $25,000 top prize. Hill Top CEO and Founder Tom Gilmore accepted the award at the Fall Cohort Introduction dinner Thursday evening in front of a crowd of more than 250 Mach37 supporters. We recently interviewed Tom on our Mach37 blog and it is clear that the company is already making an impact.

Mach37 Alumnae Represented Two-thirds of the NoVA Finalists

However, Hill Top wasn’t the only Mach37 standout in the pitch competition. Four of the six finalists in the cybersecurity and government technology category were Mach37 alumnae. Eunomic, SheVirah and Tensor Wrench all pitched alongside Hill Top. Two other companies focused on government technology SpotMyBus and J&F Alliance Group also competed. The competition judges came from the University of Virginia, Revolution Ventures, Amplifier Ventures and TandemNSI. It was great to see so many Mach37 alumnae getting recognition for their technology and business growth.

2016-09-22-va-velocity-tour-24-smaller

Hill Top Security CEO Tom Gilmore Presenting to Virginia Velocity Tour Judges

Virginia Velocity Tour Background

va-velocity-tour-logoThe Virginia Velocity Tour is overseen by the Virginia Secretary of Commerce and Trade and planned in partnership with our friends at Village Capital. We appreciate that Virginia Governor Terry McAuliffe, Secretary of Commerce and Trade Todd Haymore and Village Capital’s Ross Baird are so supportive of the start-up community across the state. Twenty-nine finalists competed for top honors in five regions.

At Mach37, we work with entrepreneurs from all over the world. Two of the five companies in our current cohort are from Europe and we also have entrepreneurs joining us from Nevada and North Carolina. We maintain a global outlook regarding cybersecurity, but we also appreciate introducing these companies to the business-friendly climate in Virginia. The Virginia Velocity Tour is another example of the start-up support that founders receive from the state and can access as part of the Mach37 family. Congratulations again to Tom and the entire Hill Top team.

PierceMatrix: Mach37 Alumnae Interview with Roy Stephan

roy-stephen-presenting

Roy Stephan, PierceMatrix CEO and Founder

What opportunity did you recognize that led to the founding of PierceMatrix?

pierce-matrix-logo-whiteRoy Stephan: The opportunity for small and medium businesses to understand security on a global level. Large companies and governments can throw thousands of security professionals at a problem, and most security tools are designed for those organizations. With PierceMatrix we provide a unique workflow that offer SMBs a more comprehensive view of their security, including helping them identify malicious actors on their network and remove them.

What specific value does addressing that problem provide for your customers?

Stephan: By understanding how global threats are affecting them, PierceMatrix users can lower their security risk and lower their liability. Any business that is not reviewing its log files is carrying excess liability because the firewall logs (and other security devices) are documenting suspected attacks. PierceMatrix helps companies reduce that liability by automatically reading logs and helping with prioritization and remediation.

Why aren’t current solutions addressing this problem effectively?

Stephan: Most of the products in security are focused on solving niche problems for large businesses. There are very few that recognize the importance of educating and assisting small and medium businesses. Gartner selected us a Cool Vendor because of our unique approach to reducing data and helping small businesses focus their efforts. The industry standard is generating large volumes of new data for the user to sift through internally. This is just not an option for small and medium sized businesses that don’t have skilled resources available.

What makes your approach different and better from existing approaches?

Stephan: Our approach is to bring SMBs a cloud-based security model that bridges several capabilities including SIEM, TIP, Incident response and remediation. In particular, we provide an understanding of threats already present in your log files, as well as incident tracking and remediation through an automatable button.

What about your team’s background puts you in a unique position to succeed?

Stephan: The PierceMatrix team combines Artificial Intelligence and security expertise. These are two separate fields of study, but an essential combination to address today’s information security challenges. The CEO has 20 years of experience in building companies and divisions in the security world, and the CTO has 20 years of experience building artificial intelligence for the US military, FAA, and AT&T.

What are some of the milestones you have passed since graduating from Mach37?

Roy Stephan, PierceMatrix CEO

Roy Stephan, PierceMatrix CEO

Stephan: When we graduated M37 we had an early beta product. Now we have a functioning system with customers in the ISP, MSP, Finance, and Defense Industrial Base markets. We were recently selected as a Gartner Cool Vendor, as well as being selected as one of the top 6 emerging technologies for FinTech by the Partnership for New York City.

What one aspect of the Mach37 programs did you personally find most beneficial?

Stephan: Helping me run a business. I have built products, divisions, even companies as a technologist, but M37 taught me how to build out the non-tech aspects such as finance, HR, sales, legal, etc.

Learn more about PierceMatrix here.

Related Posts