AAA Kaspersky Labs seeks good result from corporate venturing

Kaspersky Labs seeks good result from corporate venturing

Russia-based cybersecurity software provider has launched a corporate venturing unit that will invest up to $1m in startups.

The fund will target early-stage companies developing technology focusing on mobile and cloud security, software that can detect internet-of-things vulnerabilities, physical safety devices and innovative cybersecurity offerings.

Kaspersky intends to cooperate with accelerators across the globe in order to locate promising startups, and will share their experience and knowledge of cyber threats and malware.

The unit’s launch follows the company’s formation in early 2015 of an accelerator run by its education division, Kaspersky Academy. The initiative awarded $80,000 to the top three competing companies.

Leave a comment

Your email address will not be published. Required fields are marked *