Spikes wins Founders Showcase Pitch Competition
Watch out Symantec, yet another potential disruption to your security suite is creeping up from below. Spikes, the maker of security software for large corporations that virtualizes the browser in the cloud, making getting hacked by browsing the Web virtually impossible, won the overall vote from the audience and an esteemed judging panel at this year’s Founders Showcase Pitch Competition.
Take a look at the winning company’s pitch:
The judging panel included August Capital General Partner David Hornik, Mohr Davidow General Partner Katherine Barr, Javeline Venture Partners Managing Director Jed Katz, Blumberg Capital Managing Director Jon Soberg, and Trinity Venturers Principal James Cham.
Cham said, “I’ve seen other companies doing similar things, but given your background I believe you have a significant advantage.”
Spikes Founder & CEO is Branden Spikes, former CIO of SpaceX. Sortbox, which helps companies collect, screen, and organize job applicants was the runner-up in the Showcase. Judge David Hornik liked Sortbox but said, “One of the challenges in the SMB space is that it’s a lot harder to acquire customers.”
Video of runner-up Sortbox's pitch:
Writer.ly, which is a marketplace of independent publishing services; HackerHires, which helps companies identify the best developer through realistic coding projects; and OnContracting, which helps individuals find contract jobs at great companies were some of the other companies that made the final round of competition.
The winner doesn't walk away with a lot of cash, just $2,500. But the competition offers great practice for startup founders to present their companies in front of Venture Capitalists, and test their ideas in front of a large audience. Companies who've competed in this Showcase in the past have raised a total of $45 million.