Denver Office of Economic Development Selects OverWatchID for Business Leadership Program

Fast-growing identity security company invited to participate in Denver ScaleUp Network’s 2018 cohort

Denver, UNITED STATES


Denver, Feb. 28, 2018 (GLOBE NEWSWIRE) -- The Denver Office of Economic Development today announced that OverWatchID, a Denver-based market leader in cloud-based converged identity security solutions, has been selected as one of seven companies for exclusive membership in its prestigious Denver ScaleUp Network. The cohort will formally launch on March 5, 2018.

“We are honored by the Office of Economic Development’s selection of our company into the Denver ScaleUp Network,” said Andy Funk, CEO of OverWatchID. “Colorado is quickly becoming one of the hottest locations in the country for cybersecurity firms, and we are excited to strengthen our connections with other Denver-based companies and entrepreneurs.”

The six-month program provides an exclusive set of resources to select fast-growing, second-stage companies in the Denver area. OverWatchID and other selected businesses will receive training and education from Blackstone Entrepreneur Network mentors and advisors, business coaching from Vistage International, pitch training from Innovation Pavilion, and will network with local business and government leaders.

“Denver is proud to work with our startup and accelerator communities to hand-select enterprises that are positioned for growth, funding expansion and job creation,” said Turid Nagel-Casebolt, OED’s director of business development. “We’re building on last year’s ScaleUp Network, with training and key connections that is matched beautifully by the peer-to-peer mentoring among the founders themselves.”

The OED’s Denver ScaleUp Network was launched in 2017 to support Denver’s emerging business leaders and to help connect CEOs with fully customized resources that are unique to the area. To cap off the six-month program, all participating CEOs will speak on a Denver Startup Week panel regarding their experience.

About OverWatchID
OverWatchID is “Identity Security. ReinventedTM”. OverWatchID leverages more than 20 years of enterprise development experience in identity security and delivers a feature-rich platform that comprises privileged access management (PAM), identity access management (IAM), multi-factor authentication (MFA), and cloud access security brokering (CASB). OverWatchID’s patent-pending technology provides an assurance of security efficacy far beyond legacy PAM systems, and its rapid, frictionless deployment reduces subscription, implementation and administration costs by up to 80 percent. OverWatchID is headquartered in Denver, Colorado. www.overwatchid.com.

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