In September 2018, Algodone joined the Cybersecurity program called Cyber@StationF. Managed by Thales and hosted in StationF the world’s largest Start-up campus, this program accelerates promising start-ups in the Cybersecurity Space over 6 months.
Algodone was selected along another 10 start-ups from France, Israel, the US, the UK and Singapore after a rigorous selection process managed by Thales specialists in Cybersecurity.
While we are not a Cybersecurity company in the strict sense, Algodone uses Cybersecurity concepts and algorithms in our technology and solutions. As a result, Algodone’s Silicon Activation Licensing Technology (SALT™) is one of the most reliable and secure solutions that allow secure IP tracing (SALT™ Trace), dynamic chip configuration (SALT™ Config) and deploying pay-per-use business model for innovative technologies (SALT™ Meter).
In September we started meeting with various Thales business units, key Thales executives including Thales CEO Patrice Caine. This started what can be described as a dating process with Algodone trying to understand Thales businesses and Thales looking at what Algodone can offer.
Fast forward 7 months to April 2019 at the conclusion of the program, the results have been impressive:
All of these were made possible by the relentless efforts of Antonin and Rebecca at Thales Digital Factory managing the program as well as our Thales coaches Arnaud and Thierry.
A few lessons learned from our perspective:
The lessons we have learned at Station F are the same lessons we encounter each day in normal business activities, all being part of the challenges of bringing innovating technologies and business models to the market. The short-span of the Station F program simply condensed these experiences and made us more acutely aware of these differences.
At the conclusion of the program, not only have we made promising technology advancement and collaboration with Thales, we are also better equipped to handle some of these challenges in the real world. If someone asks me the question: given what you know today would you do the Thales Cyber@StationF program again, the answer is a short resounding YES.
We are sincerely grateful to the community and all involved for making this program a success. Good luck to Cyber@StationF 2019!