Algodone Selected to Participate in Season 2 of Thales Cybersecurity Program at STATION F

Held at Station F, the largest incubator campus in the world, Cyber@StationF accelerates startup development by providing advice, technical expertise, mentoring, and access to Thales core markets.

Montpellier (France) – September 25, 2018 – Algodone, a Silicon Activation Licensing Technology™ (SALT) provider to the semiconductor industry, has been selected to participate in Thales Season 2 Cybersecurity Acceleration Program. For a 6-month period starting September 5, 2018, the 11 Season 2 startups from around the world will be hosted at Station F, the biggest incubator campus in the world hosting over 1,000 startups.

 

With Cyber@StationF program, Thales’ mission is to accelerate the development of startups by providing them with business advice, technical expertise and access to its core markets. Thales will foster the engagement of its employees to work along with the startups and share their expertise in the markets to co-create value for the clients and co-develop innovative solutions and services.

Season 2 startups offer IoT and Cloud security solutions in the area of endpoint & devices, network, infrastructure, application and supervision, and administration. The startups must have demonstrated innovative and promising technologies to a panel of industrial judges in a thorough and targeted selection process.

“We recognize the importance of nurturing innovative startups to work together to build the cybersecurity ecosystem and solve the challenging security threats our customers face today,” comments Jean-Yves PLU, VP Digital Ecosystems at Thales Digital Factory, “We have achieved great success with our Season 1 incubator companies and are excited to welcome the 11 Season 2 companies to Station F. The energy and synergy among these startups are amazing. We deliberately select startups with complementary roles in the cybersecurity chain to encourage them to work together, share their skills, and maximize interaction and innovation. I am positive Season 2 will be another success for all the startups, Thales, our partners and customers, and the global community.”

“We are very excited to start working with Thales Cybersecurity community,” remarks Jerome Rampon, CEO of Algodone. “This is a validation that our technology is addressing a real challenge in IoT and Cloud security. We look forward to leveraging the business, technical expertise, and mentoring from Thales for the next 6 months to refine our product offerings, reach out to the global market and contribute to the success of our mutual customers.”

Algodone’s patented SALT technology protects chips from counterfeits and can securely activate or deactivate features on-demand, using a unique secure key dedicated to each specific device. It can also measure and control silicon usage through time, space, as well as special events, enabling a pay-per-use business model for the Silicon-as-a-Service. SALT fits right in the Application category of the Thales Cybersecurity program.

 

 

About Algodone
Algodone was founded in 2015 with a vision of enabling a new business paradigm for the semiconductor industry, “Silicon-as-a-Service”. Through its patented Silicon Activation Licensing Technology (SALT), developed in collaboration with the University of Montpellier, semiconductor companies can activate/de-activate functionalities, configure features throughout silicon’s life cycle, monitor/control device usage through time, space, or special events, and most importantly, protect silicon Intellectual Property (IP) assets. “Silicon-as-a-Service” offers enhanced flexibility, profitability and security for the semiconductor industry. For more information, visit http://www.algodone.com.

About Thales
The people we all rely on to make the world go round — they rely on Thales. Our customers come to us with big ambitions: to make life better, to keep us safer. Combining a unique diversity of expertise, talents and cultures, our architects design and deliver extraordinary high technology solutions. Solutions that make tomorrow possible, today. From the bottom of the oceans to the depth of space and cyberspace, we help our customers think smarter and act faster – mastering ever greater complexity and every decisive moment along the way. With 65,000 employees in 56 countries, Thales reported sales of EUR 15.8 billion in 2017.

About Station F
STATION F is the world’s biggest startup campus, opened in July 2017 in Central Paris. Backed by Xavier Niel (Free Telecom, Kima Ventures, 42 coding school), the 34,000m2 campus is home to over 3,000 workstations spread across more than 30 start-up support programs (including Facebook’s Startup Garage, and our own Founder Program welcoming more than 200 start-ups), event spaces, offices for tech companies, investors, makerspace, a coworking café, a gigantic restaurant and much more. Station F will add a 600-person housing extension in 2018.

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