Paulo Shakarian’s IntelliSpyre company is one of only 15 semifinalists selected from among more than 5,500 business startups from more than 150 countries that entered the Cisco Innovation Grand Challenge.
Shakarian, CEO of IntelliSpyre, is a Fulton Schools Entrepreneurial Professor in the School of Computing, Informatics, and Decision Systems Engineering.
The competition, being held for its third time, is aimed at finding three of the most worthy ventures led by digital technology “trailblazers” for the Cisco company to reward with funding and other startup support valued at $250,000.
Shakarian is now competing for one of six finalist spots by further developing a pitch deck, business canvas, a working prototype and creating a five-minute video.
After the six finalists pitch their ventures at the Web Summit in Lisbon, Portugal on November 9, three winners will be selected, each of whom will get support from Cisco valued at $250,000.
Shutting down cyber security threats
IntelliSpyre is a cyber security startup focused on identifying cyber threats from malicious hackers in the earliest stages. It leverages cutting-edge technology to help businesses ramp up their cyber security systems.
The company utilizes both human analysts and advanced machine learning capabilities to search portions of the internet — including the aptly-named “darknet” — where malicious hackers organize, plan, purchase malware, sell exploits and conduct other activities prior to conducting a cyber attack.
The software records specific threats to a given client in a database, which is then analyzed using advanced artificial intelligence and machine learning techniques.
Throughout the process, analysts review the information for both quality control and to conduct further human-based analysis.
“This provides corporate security professionals the means to take early action and avoid cyber attacks altogether,” says Shakarian.
Sharkian has received support for his venture from both Arizona State University and The Armory Incubator, a group that supports veteran-led enterprises. Shakarian is a U.S. Army veteran.
Rose Serago, email@example.com
Ira A. Fulton Schools of Engineering