Global Security Challenge

GSC Blogs from July 2008 (16)



VCs are Hungry for Security Startups: $73million in July (deals roundup: july '08)

Here is another roundup of recent funding rounds in security startups. We publish this list of recent VC deals regularly to inform entrepreneurs about active investors in the security space. Read here about our April deal roundup, our May deal roundup and...

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Energyville: new educational online game about impact of energy on security in your virtual city

Chevron and the Economist Group created an educational online game, called Energyville in which users design the energy infrastructure to meet the demand of their own virtual city. Throughout the game, users can learn about the advantages and disadvantage...

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The Economy Hits Venture Capital: Latest trends show no growth

The National Venture Capital Association has put out some interested statistics about the state of play in venture capital in the US.  Interestingly, it shows a complex picture.  For Q2 2008 the amount invested when compared to Q1 ($7.5B into 97...

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Imperial College London sets up new Security Institute

Two announcements in the last weeks manifested Imperial College London's place on the map for security and defence research in the UK:First, Sir Roy Anderson, the current Chief Scientific Adviser to the UK Ministry of Defence was selected as new rector of...

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10 Days Left to Submit Your Security Ideas for Chance to Win $20,000 Dollar

Only a few days left to submit your security idea to the two currently open security innovation competitions of the Global Security Challenge: Best Security Idea $10,000 cash award mentorship by Siemens Venture Capital present your idea/research in f...

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Another GSC Finalist Raises New Round - $16m - Bringing Total of GSC Alumni to over $35 million

Another alumni of the GSC Competition just announced a new funding round. UK based Secerno Ltd (Finalist GSC 2006), which develops database security software, closed a $16 million funding round led by London's Amadeus Capital.We are proud about the achie...

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New Director of UK's Intelligence Agency 'GCHQ' Appointed

Iain Lobban has been named as the new Director of GCHQ. He will take over from Sir David Pepper at the end of July 2008 following Sir David's retirement. More from the GCHQ's Press Release: "The next Director of GCHQ will be Iain Lobban, an app...

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Farnborough Air Show in UK: new technologies and faces at BAE Systems

Recently, Europe's largest defence company BAE Systems appointed Ian King as their new chief executive.  According to the Times, Mr King, the former COO, said that "BAE would continue to grow in its core markets, including the United States, while pu...

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Traditional defense giant Raytheon focuses on security technologies

American defense contractor Raytheon is increasing its focus on civil security market.  Better known for its state-of-the-art military systems such as the surface-to-air Patriot missile systems, Raytheon has been applying its military technology to c...

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Swiss Biometric Start-Up & Siemens Join Forces in Battle Against Online Banking Fraud

As the Economist reported, a Swiss security startup company and Siemens AG joined forces to deliver a biometric fingerprint solution that adds another layer of security to online transactions: "Banks in Europe and South Africa are testing a device that a...

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Leaders from UK Home Office, US Pentagon and UK Ministry of Defence to Debate at GSC Grand Final

    Here is a short update on the already confirmed key speakers for our GSC Grand Final Event in London on November 13 ·         Dr. John Reid, MP, former Home Secretary and former Secre...

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New Security Technology: projecting a silent microwave scream inside your head

The US military has bankrolled early development of a non-lethal microwave weapon that can cause sound inside the target's head. The Mob Excess Deterrent Using Silent Audio ("MEDUSA") is based on a well-known phenomenon, but the link to potential military...

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UK's Ministry of Defence: Looking to Cash Out of QinetiQ Stake

As we blogged about before, the UK Government retained a sizable but minority stake in Qinetiq which was floated in 2006 and has a current value of £1.32 billion.  Now rumours are swirling that the Government is ready to sell its stake i...

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Global Warming as Security Issue: US National Intelligence Council Report

Climate change has become an important issue in recent years, but rarely has it received as much attention as a security issue as it did last week.  Dr. Thomas Fingar, Deputy Director of National Intelligence for Analysis, delivered a briefing to the...

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Next Generation of CCTV - Hearing is Believing

Research being undertaken at the University of Portsmouth aims at making smarter CCTV cameras that can respond to noise.  According to the university's press release,  the cameras will use artificial intelligence software to "learn" the "sounds ...

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