CyberRed Selected for Israel 2019 Accelerator Program CyberRed joins global network of startups in Israel

Jerusalem, Israel, 2019-May-08 — /EPR Network/ — Today, CyberRed was announced one of the 52 startups, selected from nearly 500 candidates in Israel and more than 40 countries around the world, that will participate in the 2019 MassChallenge Israel cohort.

“I am so excited that our company is selected to this prestige’s accelerator program, Baruch Buchbinder” CEO CyberRed

CyberRed will participate in MassChallenge’s Israel’s accelerator program, where it will receive access to MassChallenge’s global network, world-class mentoring from industry experts, tailored programming, free co-working space, and unrivalled access to corporate partners. The accelerator culminates at the end of July at the MassChallenge Israel Finale, with announcement of up to ten prize winners. Prizes include a curated all expenses paid business trip to Boston and New York City as well up to ₪500K (Israeli Shekels) in zero-equity cash prizes.

CyberRed develops protection for IoT endpoint devices and communications. CyberRed provides a seamless, solution that provides complete continuous monitoring, analyzing all endpoints devices and its communications and reports threats in real-time. We develop and implement the “Moving Target Defense” (We prevent breached devices from compromising the network. The MTD obfuscates the local network hosts to hackers from the inside (LAN: Wi-Fi attacks) and outside (WAN: Vulnerabilities Scans, MiM attacks, etc.). Our AI Analyzes Anomalies based on a cognitive platform covers up IPS/IDS failures (Zero-day attacks etc.), unique behavioral-based authentication.

Our co-Founders, Baruch Buchbinder, CEO and Robert Zeiger CTO of CyberRed. The company solution is directly targeting IoT medical devices (IoMT) such as; imaging equipment to stop attacks before entering the devices with our “moving target defense” (MTD).

The great opportunity that has allowed us to be picked by MassChallange to move forward and quickly to the market has made this company the ability to move quicker and better to the market with their help. The goals we see is with market penetration and introducing to us the right investors.

About MassChallenge

MassChallenge is a global network of zero-equity startup accelerators. Headquartered in the United States with locations in Boston, Israel, Mexico, Rhode Island, Switzerland, and Texas, MassChallenge is committed to strengthening the global innovation ecosystem by supporting high-potential startups across all industries, from anywhere in the world. To date, more than 1,900 MassChallenge alumni have raised more than $4 billion in funding, generated more than $2.5 billion in revenue, and created more than 120,000 total jobs.

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