Thursday, October 15, 2015
Inston, Cyberflow Advance Towards $150,000 Cisco Innovation Award
Two, Southern California companies have made the semi-finalist list for the much-watch Cisco Innovation Grand Challenge competition, which promises to give out $150,000 to a company developing the "next best thing" in the Internet-of-Things area. Cisco said Thursday that San Diego-based CyberFlow Analytics and Los Angeles-based Inston are one of fifteen semifinalists that were selected out of 3,000 participants from 100 countries entering the competition. The two will compete to be one of the final, six companies who will compete in Dubai in November to win the top award. CyberFlow Analytics is developing security software to detect anomalies in Internet-of-Things networks; Inston is a UCLA startup which is developing a new kind of memory.