http://www.techworld.com/news/security/symantec-incubate-security-startups-with-new-vc-partnership-3619807/
By John E Dunn
Techworld.com
July 15, 2015
Symantec believes the future of security is out there somewhere and has
set up a new partnership with VC firm Frost Data Capital to try and find
it in the form of early-stage security startups.
Security firms have a long track for acquiring startups for intellectual
property as well as seeding the occasional spin-off. What they still
struggle to do is to tap into early-stage technology in an affordable and
sustainable way.
Now the pair plan to incubate up to ten startups per year in the Internet
of Things, big data analytics and healthcare sectors in an attempt to
shorten the time it takes for the4se technologies to reach thr market.
While no investment sums have been revealed it’s an obvious tryout for an
emerging ‘non-traditional’ model in which venture firms provide the
entrepreneurial support and a security firm such as Symantec sanity checks
the security technologies and engineering
[...]
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