RSA Conference to invest $5 million in sandbox contest finalists
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Feed Name: The Record from Recorded Future News
RSA Conference announced a new $50 million investment initiative offering $5 million SAFE funding to each of the top ten Innovation Sandbox finalists, commemorating the contest’s 20th anniversary. While the move drew some backlash over perceived ownership concerns, organizers emphasized the investments align with future VC rounds and aim to boost early-stage cybersecurity startups; the program is complemented by a new “Founders Circle” for ongoing mentorship and exposure.
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