Buzz

Friends of ICONYC! 

Fall is finally here and things are heating up again in NYC. The city, which is known for being a global center of finance, real estate, legal services, technology, and many, many more industries, has announced the launch of Cyber NYC, a $30 million “catalyzing” investment designed to rapidly grow the city’s ecosystem and infrastructure for cybersecurity.

The initiative, launched by the New York City Economic Development Corporation (NYCEDC), co-led by Israeli VC Jerusalem Venture Partners (JVP) and ICONYC partner, Sosa, is meant to position NYC as a global hub for cyber security. It’s only right that Israeli entrepreneurs and investors partner with the best of NYC tech to create such a unique program that will serve as a center for the entire cybersecurity industry and will connect to the finest talent from New York, the US, Israel and the entire global network. We’ve seen a lot of Israeli cyber security startups traditionally expand to Silicon Valley and skip NYC when choosing where to set their US headquarters. Something tells us this is about to dramatically change. Read more on our Newsletter