The cybersecurity industry in San Antonio just got a major boost with the announcement Thursday of a new incubator, Build Sec Foundry.
The incubator, which will be based at Geekdom, a technology coworking site in the Rand building downtown, is a partnership among CyberSecurity San Antonio, the Austin Technology Incubator and the 80/20 Foundation.
“San Antonio has all the attributes and strengths of an ecosystem to support the creation of new and innovative products in the cybersecurity market,” Will Garrett, Director of CyberSecurity San Antonio, said in a news release. “The cluster present in San Antonio has critical pieces such as a large U.S. Air Force and Intelligence Community presence, the top ranked cybersecurity university in the nation, an accelerating startup community, and global companies that have dedicated time and resources to support cybersecurity company creation. The pieces are here to create groundbreaking new products and technology, and Build Sec Foundry will provide the access and tools to make that possible for entrepreneurs.”
Build Sec Foundry will launch with $600,000 over three years from the 80/20 Foundation.
“The 80/20 Foundation is proud to be the founding sponsor of Build Sec Foundry,” Lorenzo Gomez, Executive Director, 80/20 Foundation said in a news release. “I believe that this cybersecurity incubator will help fill a void that exists today with product-based security startups.”
John Dickson, co-founder of Denim Group along with executives and security professionals from USAA, Rackspace and Assembla will help support the startups accepted into the Foundry. Garret will manage Build Sec Foundry with Bart Bohn, partner of the Austin Technology Incubator and Bob Gleichauf, former head of engineering at WheelGroup and currently at In-Q-Tel.