Waterloo’s I Think Security was founded in 2010 and graduated from the Accelerator Centre program in September of 2013. The company, which was founded by cryptologist and security expert Dr. Cédric Jeannot, has been steadily growing and launching various products aimed to those concerned with data security.
I Think Security has been named one of eight startups to be selected to participate in the upcoming 2014 FinTech Innovation Lab Asia-Pacific. The core focus of the Lab is to assist early stage companies in the financial sector to develop and commercialize new technologies, specifically targeted to the Asia-Pacific region. The initiative was launched by Accenture in June 2014.
According to the Wall Street Journal, I Think Security is considering expanding into the Asia-Pacific market. Apart from I Think Security, the eight companies selected to participate are: Advanced Merchant Payments, AtCipher, Beijing Wecash Wonder Technology, FinSuite, iDGate, Jocata Financial Advisory & Technology Services and QxBranch.
I Think Security provides “bulletproof security solutions for the enterprise aimed at protecting a company’s most sensitive corporate information.” The startup offers products for data protection, cloud security and mobile security leverage military-level encryption. I Think Security products are used in more than 15 countries worldwide.
