February 5, 2024

Phalanx Receives Prestigious Catalyst Grant from Arlington Innovation Fund

Phalanx Receives Prestigious Catalyst Grant from Arlington Innovation Fund

Arlington, VA – Phalanx (Phalanx AI, Inc.) is honored to announce its selection as a recipient of the Catalyst Grant from the Arlington Innovation Fund (AIF), administered by Arlington Economic Development (AED). This award underscores Phalanx AI’s commitment to innovation in cybersecurity and its potential to contribute significantly to the safety and resilience of digital infrastructures globally.

In a competitive selection process that drew numerous ambitious applicants, Phalanx stood out for its groundbreaking approach to cybersecurity challenges. The company is one of five Arlington-based startups to be awarded a portion of the $225,000 allocated in this round of funding. This investment is part of AED’s broader initiative to fuel economic growth and innovation within the Arlington tech-entrepreneur ecosystem.

A Commitment to Cybersecurity Innovation

Phalanx’s mission is to revolutionize how businesses and organizations protect their digital assets from ever-evolving cyber threats. With this grant, Phalanx AI plans to accelerate its growth efforts, and enhance its proprietary technology to offer more robust and adaptive security solutions.

“Our selection as a Catalyst Grant recipient is a testament to the hard work and dedication of our team,” said Ian Garrett, CEO & Co-founder of Phalanx. “This funding will significantly bolster our capacity to innovate and implement cutting-edge cybersecurity technologies. We are proud to be part of Arlington’s vibrant tech community and are committed to contributing to its reputation as a leading technology hub.”

Fostering Economic Growth and Technological Advancement

The Catalyst Grant will support Phalanx in various operational aspects, including staffing, equipment purchases, and the engagement of consultants and advisors. This flexible funding approach allows Phalanx to allocate resources efficiently towards areas of greatest impact for growth and innovation.

“We are thrilled to be recognized by the Arlington Innovation Fund and look forward to making significant advancements in cybersecurity with the support of this grant,” added Garrett. “Our goal is not only to grow our company but also to make a positive impact on society by enhancing the security and integrity of digital information.”

About Phalanx:

Phalanx is a lightweight Data Loss Prevention (DLP) and document mapping solution that secures document access by combining automation, identity, and encryption. We transform existing workspaces, such as Office 365, Google Workspace, or local devices, into secure systems to provide CISOs cyber risk intelligence of their sensitive documents and automated security to mitigate the risk.

For more information, please visit www.phalanx.io.

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