BALTIMORE, April 16, 2015 /PRNewswire/ -- Northrop
Grumman Corporation (NYSE: NOC) and the bwtech@UMBC Cyber Incubator
announced today that continuous monitoring solutions provider DB
Networks® will be the fifth cyber startup to graduate from the
highly successful Cync Program. A ceremony marking the occasion is
scheduled for next week during the RSA Conference 2015 in
San Francisco, California.
OptioLabs of Baltimore joins
Cync this month as the newest cyber startup accepted into the
program since it began in 2011.
Cync was created through a partnership between Northrop Grumman
and the bwtech@UMBC Cyber Incubator to nurture global cyber
startups with an eye towards commercializing innovations for the
federal marketplace. As founding strategic partner, Northrop
Grumman is facilitating a pathway for companies to speed advanced
solutions to customers, while bwtech and UMBC provide extensive
business incubation expertise and access to capital and talent to
help startups thrive.
"The Cync program is directly responding to a national need to
cultivate innovation from all corners and speed the most promising
ideas to the federal marketplace," said Chris Valentino, director, strategy, Cyber
Division, Northrop Grumman Information Systems and Cync Program
Lead. "We welcome OptioLabs and congratulate DB Networks® as they
join the list of successful entrepreneurs that have launched from
Cync and are making a difference in how our nation can stay ahead
in the cyber battle."
"Thanks to DB Networks® for their participation in the Cync
Program and welcome to OptioLabs," said Ellen Hemmerly, executive director of
bwtech@UMBC Research and Technology Park. "Both are great examples
of companies that have developed novel solutions to
critical cybersecurity problems."
Cync graduates include KoolSpan, AccelerEyes (ArrayFire), Five
Directions, and Oculis Labs. Current occupants at Cync include
iWebGate, Perth, Australia; Light
Point Security, Baltimore; and
Ayasdi, Palo Alto, California.
DB Networks® is innovating cybersecurity through intelligent
continuous monitoring. Customers include the world's largest
financial institutions, healthcare providers, manufacturers and
governments. Since joining Cync, the company launched IDS-6300, an
intelligent continuous monitoring product that "shines a light" on
core networks. In October 2013,
Info Security Products Guide named DBN-6300 a finalist for
the 11th Annual Global Excellence Awards in six categories.
OptioLabs develops security products for the mobile
enterprise and embedded systems. Led by a world-class
team of technologists, and leveraging innovations developed for
national security protocols, OptioLabs has pioneered advanced
security solutions for the world's leading mobile platforms. With
headquarters in Baltimore, and an
office in Nashville, Tennessee,
OptioLabs customers include federal agencies, commercial
enterprises, and device manufacturers.
The Cync program is a highly competitive global scholarship
initiative that looks for innovative technology-driven startup
companies that address critical market needs in the following areas
of interest: cyber, data sciences, big data, secure mobility, and
cyber physical systems/critical infrastructure protection. For more
information about applying, go to www.bwtechumbc.com.
bwtech@UMBC is a 71-acre research and technology community at
the University of Maryland, Baltimore
County (UMBC). With more than 500,000 square feet of office
and laboratory space, it is home to nearly 120 technology and life
science companies at all stages of development. bwtech@UMBC offers
collaboration with university faculty and students, and enjoys a
strategic and convenient location, close to downtown Baltimore, BWI Thurgood Marshall Airport and
Washington, D.C. Its annual
economic impact on the state is estimated to be more than
$500 million.
In addition to Cync, Northrop Grumman announced this week the
expansion of their cyber work with UMBC to include research on
health data analytics.
Northrop Grumman is a leading global security company providing
innovative systems, products and solutions in unmanned systems,
cyber, C4ISR, and logistics and modernization to government and
commercial customers worldwide. Please visit
www.northropgrumman.com for more information.
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SOURCE Northrop Grumman Corporation