See what Hartford has to offer
local entrepreneurs.
Grow your business today!
  • Home
  • Events
  • Archives
  • Startups
  • Resources
  • About Us
  • Contact
  • FAQs
official_facebook official_twitter official_rss

Israeli IoT Startup Second Place VentureClash Winner

HomeIDH Global Israeli IoT Startup Second Place VentureClash Winner

Israeli IoT Startup Second Place VentureClash Winner

November 02 2017 Innovation Destination: Hartford IDH Global 0 comments Tags: Connecticut, Connecticut Innovations, early-stage companies, global, innovation, Internet of Things, IoT, pitch competition, technology, VentureClash
1618 0

SCADAfence Co-Founder & CEO Yoni Shohet.

Based out of Tel Aviv, SCADAfence was a second place $1 million award winner at VentureClash. The company was one of nine finalists in the 2017 Global Venture Challenge.

VentureClash provides early-stage companies worldwide with an opportunity to grow their business in Connecticut. The goal is to help speed Digital Health, FinTech, InsurTech and Internet of Things (IoT) innovations to market by awarding capital to promising early-stage companies.

At the $5 million pitch competition, early-stage companies are joined by experts, investors, entrepreneurs, customers, and educators where finalists will pitch to a panel of judges. With the recognition that it takes more than money to succeed, competitors also receive access to a critical network of customers, investors, mentors, and talent.

SCADAfence Co-Founder & CEO Yoni Shohet explained why he feels Connecticut is a good fit for his IoT company.

INNOVATION DESTINATION HARTFORD: Tell us about your company and the products it provides.

YONI SHOHET: SCADAfence is a pioneer in securing industrial networks in the smart manufacturing and critical infrastructure sectors from cyber threats.

As part of the Industrial IoT Revolution, industrial companies are adopting advanced technologies and, while these technologies increase productivity and reduce costs, they expose mission-critical systems to new risks, such as operational downtime, product manipulation, ransomware attacks and theft of sensitive proprietary information.

SCADAfence offers passive solutions for operational technology (OT) environments such as industrial control systems (ICS) and supervisory control and data acquisition (SCADA) networks. Our solutions are designed to provide visibility of day-to-day operations, detection of malicious cyber-attacks as well as non-malicious operational threats, and risk management tools—without risking production environment availability.

IDH: Why do you feel it is important for your company to have a U.S. presence?

YS: The United States is an important manufacturing hub with many major manufacturers. Therefore, SCADAfence has focused and will focus great efforts in the U.S. market.

IDH: What challenges do international businesses face when trying to establish a presence in the United States? Why is Connecticut a good fit?

YS: For an international business to establish a presence in the United States, it’s critical to be located near your customer base. Connecticut provides great access to our customer base.

IDH: What do you hope to gain from the experience of participating in VentureClash?

YS: I hope to further expand my network and gain good connections that will help us expand our activity in the United States.

For more information about SCADAfence visit www.scadafence.com or follow on Twitter @SCADAfence.

Learn about other VentureClash 2017 finalists:

  • FRISS: InsurTech Startup from The Netherlands is a VentureClash Finalist
  • Telespec: Canadian IoT Startup is a VentureClash Finalist

About VentureClash
Managed by Connecticut Innovations, VentureClash is Connecticut’s global venture challenge focused on early-stage companies. The challenge, launched in 2016, identifies high-potential companies in digital health, IoT, InsureTech and FinTech that will compete for investments from a $5 million award pool. Visit www.ventureclash.com to learn about qualifications, requirements, guidelines, and how to apply.

About Connecticut Innovations
Connecticut Innovations provides venture capital and strategic support for innovative, early-stage technology companies; financial support for innovation and collaboration; and connections to its well-established network of partners and professionals. For more information, visit www.ctinnovations.com or read our interview with Connecticut Innovations CEO Matt McCooe.

Woman Entrepreneur Runs Successful Home Design Company CT Career Planning Startups

Related Posts

  • 7 Entrepreneurs Share the Greatest Lessons Learned From 2016

    February 24 2017, 0 comments
    More
    14350
  • Entrepreneur Brewer: Witchdoctor Brewing Company

    December 02 2015, 0 comments
    More
    28510
  • Considerations Before Taking Out a Small Business Loan

    October 17 2019, 0 comments
    More
    2480

Get Started


  Find Resources   Browse Startups   View Events   Book a Mentor

Get Engaged


Do you have a Hartford success story? Are you a budding startup or a successful entrepreneur eager to share your experiences? Contact us today and tell your story!

  Contact Us   Get Our Newsletter
ctstartup-logo
The CTStartup Podcast provides an inside perspective on the Connecticut startup ecosystem from the people working in it.

  Listen Now

Categories

  • Accelerators (7)
  • Accolades (17)
  • At the CT Table (29)
  • Awards (77)
  • Blog (94)
  • Books (28)
  • Change Makers (1)
  • Co-Working (3)
  • CT Initiatives (2)
  • CT Legends (17)
  • CT Lifestyle (66)
  • CT Resources (2)
  • Entrepreneurial Insights (98)
  • Events (8)
  • Featured (7)
  • Featured Story (1)
  • Global Innovation (1)
  • Greater Hartford Startups (2)
  • Higher Education (54)
  • IDH Global (19)
  • Incubators (7)
  • Initiatives (122)
  • Innovation (89)
  • InsurTech (4)
  • Meetups (2)
  • Mentors (4)
  • Pitch Competition (1)
  • Programs (11)
  • Resources (20)
  • RFP (1)
  • Small Business Spotlight (1)
  • Social Impact Startups (2)
  • Social Impact Startups (9)
  • Startups (155)
  • Tech (10)
  • Uncategorized (3)
  • Where Are They Now? (12)
  • Women In Business (73)
  • Women’s History Month (1)

Get Started

  Find Resources   Browse Startups   View Events   Book a Mentor

Get Engaged

Do you have a Hartford success story? Are you a budding startup or a successful entrepreneur eager to share your experiences? Contact us today and tell your story!

  Contact Us   Get Our Newsletter

CT Startup Podcast

The CTStartup Podcast provides an inside perspective on the Connecticut startup ecosystem from the people working in it.

  Listen Now

About IDH

Innovation Destination: Hartford is designed to showcase and serve the Greater Hartford region’s entrepreneurial community.

Check out new Connecticut-area startups, entrepreneurs, events and the various players that make up our entrepreneurial community. You’ll find the resources you’ll need to start and grow your business and discover why the Hartford region is a great place to live, work and make an impact!

Copyright © 2015-2019 Innovation Destination: Hartford. All Rights Reserved. Privacy Policy
Developed by Novus Insight, Inc.
    Sign up for our Newsletter