Tag: i think security

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APrivacy to open regional office in Hong Kong

APrivacy-HongKong

APrivacy, formerly I Think Security, has announced plans to expand operations to Hong Kong.

“Hong Kong was a natural choice for us,” said Dr. Cedric Jeannot, APrivacy’s founder and CEO, who travelled to the Asian financial capital to take part in the FinTech Innovation Lab in 2014.

Jeannot has made several trips between Waterloo Region and Hong Kong, with help from the Canadian Digital Media Network’s Soft Landing program, and those visits led to the decision to establish a permanent presence.

“We were exposed to potential clients and came to understand the need for security and compliance in this region,” said Jeannot. “We recognized that setting up an office in Asia would allow us to tap into a large new market.”

APrivacy, which specializes in encryption and tracking technology for financial institutions, will continue to be a Canadian company headquartered in Waterloo Region, where its core research and development operations are located.

“The support of the Canadian Government, and the Accelerator Centre and Communitech incubators in Waterloo, has been vital to our success, and we want to retain a key presence here,” Jeannot said.

Since June, the company has changed names and more than doubled its size, a trend it expects to continue over the coming months.

Its new Hong Kong office will focus on client relations.

Photo: Hong Kong Gets Ready to Party! by Steve Webel is licensed under CC BY 2.0.

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I Think Security Ltd. is now APrivacy Ltd.

logo_aprivacy_trans-16AC Graduate I Think Security Ltd. has announced that it is changing its corporate name to APrivacy Ltd. This change better reflects what the company is doing today.

I Think Security Ltd. began as a cyber security lab in 2010 and has evolved to an information security and tracking provider for the banking sector over the past few years. They graduated from the Accelerator Centre in September 2013.

“The name change better reflects what our business is today and fits with our growth plans to empower the banking sector by providing world class security that is compliant and transparent for users,” stated Dr. Cédric Jeannot, Founder and Chief Executive Officer of APrivacy Ltd.

APrivacy Ltd. provides encryption and tracking technology to private banks, family offices and high net worth individuals. The company’s embedded security enables its clients to securely store and share sensitive information anywhere, any time, and on any device.

“Our enabling technology has shifted the economics of security, from an expense to a revenue generator. It is an exciting time for APrivacy Ltd.,” Jeannot concluded.

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AC Grad I Think Security encourages Canadian entrepreneurs to seek opportunities in Asia

Every so often, you hear someone talking about Asia as the promised land, a place of immense opportunities. It’s the place you have to be to make it big. While I believe entrepreneurs can be successful anywhere, Asia does have a few important elements that can be great catalysts for Canadian tech companies looking to accelerate their growth.

Early in 2014, we started the commercialization efforts for our financial product LOQ and focused on New York City as main market. NYC has a high concentration of banking institutions and is relatively close to Waterloo. Along the way, we started gaining traction and attention from Asia. In August, our company was selected to the FinTech Innovation Lab Asia Pacific, a 12-week mentorship program for young companies in the financial tech space, and therefore I got to spend a significant amount of time in Hong Kong over the last few months to expand the business out east.

This experience was eye opening and convinced me that Asia is indeed a place of great opportunities; opportunities that Canadian tech companies are well suited to capitalize on.

To find out more about the opportunities in Asia, click here.

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AC Grad I Think Security secures spot in the 2014 Fintech Innovation Lab

Waterloo’s I Think Security was founded in 2010 and graduated from the Accelerator Centre program in September of 2013. The company, which was founded by cryptologist and security expert Dr. Cédric Jeannot, has been steadily growing and launching various products aimed to those concerned with data security.

I Think Security has been named one of eight startups to be selected to participate in the upcoming 2014 FinTech Innovation Lab Asia-Pacific. The core focus of the Lab is to assist early stage companies in the financial sector to develop and commercialize new technologies, specifically targeted to the Asia-Pacific region. The initiative was launched by Accenture in June 2014.

According to the Wall Street Journal, I Think Security is considering expanding into the Asia-Pacific market. Apart from I Think Security, the eight companies selected to participate are: Advanced Merchant Payments, AtCipher, Beijing Wecash Wonder Technology, FinSuite, iDGate, Jocata Financial Advisory & Technology Services and QxBranch.

To read the full article click here.

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Accelerator Centre Graduate I Think Security Ltd. Launches LOQ: A Digital Security Service for Asset Managers

Integrated into local files, LOQ combines military-grade security with transparent ease of use to provide secure document sharing, protected cloud backup, and advanced information control on multiple devices and platforms.

useloq.comWaterloo, ON ‐ April 2nd, 2014: I Think Security Ltd., an award winning cyber security lab, has announced the launch of LOQ. A secure information technology, LOQ keeps proprietary information and communications secure for asset managers and their high net worth clients.

“It’s our most advanced security solution yet, with outstanding features and benefits”, said Dr. Cédric Jeannot, founder and CEO of I Think Security Ltd., “We’re giving asset managers a competitive advantage, while reducing risk exposure and simplifying compliance, all in one easy-to-use package.”

Secure Sharing

LOQ provides a secure way for asset managers and their clients to share information of any size, on any media, including email, thumb drive, and cloud. Users can also share instantly with a secure dedicated channel that transfers information directly from one desktop to another. Additional features, like geo-fencing and device restrictions help to regulate access and even prevent mobile screenshots to ensure that all digital assets are protected.

For additional information on Secure Backup and Advanced Information Control, read the full press release here.

Sign up for a Free Trial Version of LOQ by registering on their home page.
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Announcing the latest graduates from the award-winning Accelerator Program: I Think Security Ltd. & Monstercat Inc.

Waterloo (Ontario), CANADA, September 12, 2013 – World renowned for its cultivation of technology entrepreneurship, Waterloo’s Accelerator Centre announced today that I Think Security Ltd. and Monstercat Inc. are the latest companies to graduate from its award-winning Accelerator Program. The Accelerator Program has graduated 33 companies into the marketplace since its inception in 2005, generating 1000 jobs, and contributing more than $90 million in revenue to the Waterloo Region economy.

Cyber risk is now a top priority for CEOs of enterprises large and small, and a single security breach can lead to millions in lost revenue and reputation damage. I Think Security, founded by cryptologist and security expert Dr. Cédric Jeannot, provides bulletproof security solutions for the enterprise aimed at protecting a company’s most sensitive corporate information. I Think Security’s products for data protection, cloud security and mobile security leverage military-level encryption, yet are easily installed and deployed within even the largest organizations. I Think Security products are in use in more than fifteen countries worldwide.

With singles charting at #1 worldwide on Beatport, albums hitting #1 on iTunes dance charts in over 16 countries, and more than 1 million plays on YouTube, Monstercat is proving to the world that independent labels have the ability to reshape the music industry landscape, while supporting up and coming musicians. The company was founded by University of Waterloo grads, Ari Paunonen and Mike Darlington.

“We continue to be so incredibly proud of our graduates, who continue to make a significant and meaningful contribution to the economy of Waterloo Region. Today’s graduates, I Think Security and Monstercat are literally at opposite ends of the technology spectrum, with one company providing solutions to a highly risk averse enterprise audience, while the other surfaces musical talent within the electronic music scene. Yet both companies excel at what they do, and have a tremendous future ahead of them, thanks to the mentorship, business advice, education and support they have received through the Accelerator Centre’s Accelerator Program,” says Tim Ellis, CEO of the Waterloo Accelerator Centre and Accelerator Program Inc.

About the Accelerator Centre

The Accelerator Centre, located within Waterloo’s David Johnston Research and Technology Park, is a world-renowned, award-winning facility dedicated to developing and commercializing technology start-ups. Through its Accelerator Program, early-stage companies benefit from in-depth business coaching and seamless support services, including access to office facilities, coaching and mentoring, education, connections to capital, networking, R&D support and outreach, talent recruitment, technology transfer assistance, and commercialization expertise, enabling technology start-ups to move to market faster, create jobs and stimulate economic activity.

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