Market Overview

Dreamit Ventures Launches Securetech Vertical and Hires Bob Stasio as Managing Director

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Dreamit expands from healthtech
and
urbantech
into a third vertical to invest in and accelerate early stage securetech
startups.

Dreamit
Ventures
, an early-stage venture fund and accelerator, announced
today Dreamit SecureTech, to invest in and accelerate game-changing
securetech startups. Dreamit's SecureTech launch comes just 10 weeks
after Dreamit's announcement
of their expanded partnership with investor and developer, Jeff Vinik,
including a $12 million investment.

Dreamit SecureTech has three focus areas: Logical will focus on hardware
and software-based cybersecurity products; Physical will focus on
mitigating threats to people and property; and Social will focus on the
dimension of human communication such as fraud, social media/fake news,
and information warfare.

Dreamit is entering a sector witnessing strong global startup growth
working to combat the nearly unending surge of cybercrime and other
security threats. "We are thrilled to launch Dreamit SecureTech where we
can bring strong securetech expertise coupled with Dreamit's proven
startup de-risking and growth platform to invest in and accelerate
market-ready securetech startups, help them raise their Series A, and
become dominant players," said Steve
Barsh
, Managing Partner at Dreamit Ventures.

Bob
Stasio
, most recently Chief of Operations at IBM's X-Force Command
Center, is joining Dreamit's team to lead Dreamit SecureTech. Stasio
brings to Dreamit a strong track record in securetech, having led teams
in both the private and public sectors, as well as the intelligence
community and the military. "Bob's strong expertise in securetech along
with his passion and experience helping securetech startups succeed
convinced us that he was the right person to drive these efforts," said Darren
Sandberg
, Managing Partner, Dreamit Ventures.

"I'm excited to join Dreamit where I can leverage my decades of
commercial experience, relationships, and military career to help
securetech startups grow. Many securetech startups are founded by former
military operators, and I look forward to working with them to continue
our mission of protecting the people, places, and things that matter
most," stated Stasio.

Dreamit will work with global securetech startups, providing access to
extensive customer, industry, and investor networks during 14-week
acceleration programs. Startups do not need to relocate but will spend 4
weeks in multiple cities. During two weeks of Dreamit Customer
Immersions, securetech startups will meet with CISO and CSO security
leadership at top banking, insurance, manufacturing, healthcare,
transportation, government, and military organizations. As Dreamit's
acceleration focus is to have startups close their next round within six
months after the program, the capstone is a 2-week bi-coastal curated
investor roadshow where securetech startups meet one-on-one with
interested investors.

Securetech startups with strong teams, a great product, and the desire
to scale are invited to apply
now at dreamit.com/apply. The first SecureTech cycle starts early
September 2018 and will culminate in a 2-week Investor Roadshow in early
December 2018.

About Dreamit Ventures

Dreamit
Ventures
is an early stage venture fund that accelerates healthtech,
urbantech,
and securetech startups that are transforming their industries.
Founded in 2008, Dreamit identifies, builds, and invests in
vertical-specific startups with market-ready products and founding teams
with a desire to scale rapidly. During rigorous 14-week programs,
founders receive intensive one-on-one coaching, pitch to dozens of
potential customers and partners on multi-city Customer Immersions, meet
with leading venture funds during highly curated bi-coastal Investor
Roadshows, and gain access to a vast network of experienced alumni and
other resources. Dreamit has accelerated nearly 300 startups including
SeatGeek, HouseParty, LevelUp, Adaptly, Wellth, Biomeme, Tissue
Analytics, Redox, Eko Devices, Raxar, and Elevate. Dreamit portfolio
companies have raised ~$800 million in follow-on funding, achieving a
combined value of nearly $2 billion.

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