This site uses cookies to ensure the best viewing experience for our readers.
JVP, SOSA Partner With City of New York on Cybersecurity Initiative

JVP, SOSA Partner With City of New York on Cybersecurity Initiative

Called Cyber NYC, the new initiative will receive a $30 million investment from the city of New York and intends to raise an additional sum of up to $70 million from private investors

CTech | 16:00, 02.10.18
New York City Economic Development Corporation (NYCEDC) announced a new cybersecurity initiative Tuesday, naming Israeli venture capital firm Jerusalem Venture Partners (JVP) and Tel Aviv-headquartered startup network SOSA among its partners.

For daily updates, subscribe to our newsletter by clicking here.

Academic institutions, including New York University (NYU), Columbia University, and Cornell Tech, a joint venture between Cornell University and the Technion Israel Institute of Technology, will also take part in the initiative.

New York. Photo: Bloomberg New York. Photo: Bloomberg New York. Photo: Bloomberg

Called Cyber NYC, the new initiative will receive a $30 million investment from the city of New York and intends to raise an additional sum of up to $70 million from private investors.

Related stories

As part of the initiative, SOSA will dedicate 15,000 square feet in its new eight-stories high building in Chelsea for a global cyber center that will offer a coworking space for startups, industry-specific events, and a virtual testing ground for simulations. JVP will operate Cyber NYC’s investment arm, Hub.NYC, which will focus on growth-stage startups and will also offer access to clients and business support.  
share on facebook share on twitter share on linkedin share on whatsapp share on mail

TAGS