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New York City’s hunt for best cyber innovation leads to Israel

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The initiative has been fueled by a $30 million investment by the City of New York, and a further $70 million in private funding, and aims to produce 10,000 jobs within five years.

An ambitious $100 million initiative to transform New York City into the global capital of cybersecurity, creating thousands of new jobs in the process, set itself a demanding target: to find the very best partners, no matter their location, to fulfill its mission.

The Cyber NYC initiative’s worldwide hunt for leading innovation – driven by the quasi-government organization behind the project, the New York City Economic Development Corporation (NYCEDC) – eventually brought it to Israel and its pioneering innovation start-up ecosystem.

 

By Eytan Halon

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