Support Brings PoliWall Manufacturing to J&B Technologies, Ltd. in St. Louis
ST. LOUIS (October 1, 2015) – Bandura, Inc, a cyber security software company and maker of the fast, automated, U.S. Defense‐tested PoliWall Security Platform and ProACTTM Cyber Threat Aggregation and Risk‐Scoring server; today announces support from Cultivation Capital’s SixThirty FinTech accelerator, and Prosper Women Entrepreneurs. Relocating headquarters from Maryland to Missouri with the award of the Missouri Technology Corporation investment matching funds, Bandura found a home at the Cambridge Innovation Center (CIC) in midtown St Louis in October 2014. Through the accelerator programs and the growing entrepreneurial ecosystem and proximity to the second largest density of financial services organizations in the US, Bandura quickly closed its bridge financing round, grew its customer base, and brought manufacturing of two of its PoliWall products to the St. Louis region.
“Locating in St. Louis has been the tipping point!, ” said Suzanne Magee, Chief Evangelist Officer and Co‐Founder of Bandura, Inc. “The PoliWall security platform was experiencing a natural demand from banks, online payment systems, and insurance companies. MTC matching funds encouraged investors like the SixThirty program which has provided the financial support and direct introductions to accelerate our growth in this key vertical. Prosper Women Entrepreneurs provides the unique mentorship and support for growth‐oriented women‐owned businesses seeking to reach larger funding sources , stretch their vision of the possible, and achieve extreme revenue results. We have also found a rich sources of engineering and business talent from the universities here, and when looking for manufacturing alternatives, we found that right outside our door at J&B Technology!”
“We continue to identify terrific women led organizations to invest in and assist in their growth. We are proud to have Bandura and Suzanne in our portfolio of cutting edge, disruptive companies.”, said Mary Jo Gorman, MD, MBA, Lead Managing Partner of Prosper Capital.
“We are thrilled that Bandura Systems selected J&B Technologies, Ltd., to help them gain a strong foothold in the global security arena. Their products will simply be both the best and most aggressive products on the market, helping clients’ stay secure in today’s challenging threat‐filled environment. Working with Suzanne has always been a pleasure and we are looking forward to a successful partnership for years to come.”
For a PoliWall and ProACT live web‐demo , free trial, or more information, please visit us at
www.bandurasystems.com and follow us on Twitter, @Bandurasystems
About Bandura, Inc
Bandura™ is a cyber security software company, maker of the patented PoliWall security platform, the Firewall’s Firewall™. The PoliWall platform, and ProACT server, aggregates and risk‐scores multiple sources of threat intelligence, feeds into the PoliWall platform and then takes auto‐action in real time on over 100 million threats ahead of the firewall—real‐time blocking bi‐directionally. Bandura is the industry leader and innovator of automated and simplified security technologies which significantly reduces cyber risk, saves time and resources. Bandura was established to commercialize security technology developed in part with the U.S. Department of Defense and Bandura’s parent company, TechGuard Security LLC. Visit us at www.bandurasystems.com and follow us ! @bandurasystems.
Backed by the St. Louis Regional Chamber and venture capital firm Cultivation Capital, SixThirty is a business development accelerator that invests in later seed‐stage financial technology startups with working products. SixThirty accepts startups in both its fall and spring cohorts. Each of the startups receives up to a $100,000 investment in exchange for a negotiated percentage of equity. The companies selected to take part in the accelerator program participate in a 14‐week program that focuses on hands‐on training, mentoring, and networking opportunities with leaders from the top financial services companies in the country. Learn more at sixthirty.co.
About J&B Technologies, Ltd.:
J&B Technologies, Ltd., has been providing clients with quality value solutions for all their computing needs for over 20 years. We started out as just a white box builder and from there, transformed ourselves into a full service IT firm with a wide range of services including network monitoring and management. As your partnered CIO we help small business firms navigate and plan their IT needs through todays’ competitive environment. We are proud to be a Bandura’s partner for the Bandura line of security products. Please visit us at www.fixedforever.com or email us at email@example.com.
For More Information Contact:
Tara J. Kinney M: 970.988.4004 firstname.lastname@example.org