The cash prizes are funded by the U.S. Department of Defense, but previous finalists were able, additional capital and win new business though competition. The technologies compete for 1.Price and the attention of investors include a defense against attacks on Web with virtualized browser, a low cost, biometric and cryptographic technology, an identification technology is based on the unique movement of peoples eyes and a pocket - or package sniffing technology.
Fall often excellent company on track because you have no access to finance and investors confidence because the technology they offer is so specialized to invest, said Richard Wilson, head of the global security challenge. "This competition then bring SMEs and start-ups, always experts worldwide most promising security you, your ideas to investors identify pitch solves,", he said.
Last year's SME prize went to UK company Kromek, went the award for the most promising security start to Israeli company Adaptive imaging technologies. Kromek produces a range of detection systems and was praised for its liquid system threat and a unit for the screening of several containers. This year's finalists include online security iWebGate company headquartered in the UK and Australia and semiconductor company DecaWave from Ireland.