We’re pleased to announce that Shift5 has been named a 2021 Tech 100 Honoree by Northern Virginia Technology Council (NVTC), the trade association representing the national capital region’s technology community. Every year, NVTC develops a roster of cutting-edge companies, executives, innovators, NextGen leaders and rising stars who are driving tech innovation, leading economic growth, and making a positive impact in the region. Shift5 was recognized for consistently demonstrating dedication, vision, and innovation.
Over the past year, Shift5 has announced a series of business milestones demonstrating consistent progress towards its mission to defend the world’s fleets from cyberattack. The company announced $20M in Series A funding led by 645 Ventures, with participation from Squadra Ventures, General Advance, and First In; announced its contract with United States Special Operations Command and US Air Force to support Mission Defense Teams and enhance weapon system cyber security on aircrafts; and was named a Cool Vendor in Gartner’s Cyber-Physical Systems (CPS) Security report, for its range of capabilities to collect, compress, and transmit critical vehicle information and continuously monitor the security of vehicles and fleets.
“While our nation continues to adapt to our new normal of living during a global pandemic, I am pleased that Virginia continues to be a leading tech hub of flourishing businesses and career opportunities. I am proud to announce that Shift5 is a 2021 NVTC Tech 100 honoree and is a key contributor to making our region a vibrant and inclusive place to live, work and learn,” said Jennifer Taylor, president and CEO of NVTC.
Shift5 secures the operational technology layer of today’s commercial fleets and military platforms, defending an underprotected part of US critical infrastructure: transportation fleets. Aircrafts, railways, and military vehicles rely on OT to move millions of people, power the supply chain, and defend national security, continuously and reliably. However, legacy OT was developed before the emergence of widespread digital connectivity and modern standards for cybersecurity, resulting in a digital surface area less secure than an iPhone. Shift5 protects the OT powering transportation infrastructure from cyberattacks and operational failures by detecting cyber threats and equipment malfunction that could lead to costly operational failures and catastrophic risk.
“This award comes as Shift5 scales exponentially to secure the world’s fleets from cyberattack. Arlington has been home to us since our inception. Our founding team comes out of combined decades of military experience, and more than 1 in 5 Shift5 employees is a military veteran. Recently, we’ve attracted battle-tested cybersecurity executives from Silicon Valley to northern Virginia, bridging the best of both worlds to fulfill our mission. We’re delighted to be named a Tech 100 Honoree by NVTC,” said Josh Lospinoso, CEO and co-founder, Shift5.