Lexumo Named Finalist in the MassTLC Awards for Innovative Tech of the Year - Security

BURLINGTON, Mass., July 24, 2017 /PRNewswire/ -- Lexumo, the expert in open source code security for Internet of Things (IoT) and embedded systems today announced that the Mass Technology Leadership Council (MassTLC) has named it as a finalist in the MassTLC Awards for Innovative Tech of the Year.

"We are excited to be honored as a finalist for Innovative Security Tech," said Dan McCall, CEO of Lexumo. "This recognition validates our commitment to improving the security of code that companies use in their Internet connected devices. With millions of connected devices on the market today and millions more in the future, our mission couldn't be more important."

Lexumo was founded in 2015 by a team of data scientists working at Draper Labs, a not-for-profit research and development company focused on the design, development, and deployment of advanced technological solutions for the world's most challenging problems. Their expertise led them to concentrate on solving the issues that surround the over 8,000 open source security vulnerabilities disclosed every year. Lexumo saves time and reduces risk by helping developers quickly eliminate open source vulnerabilities in their code, while also ensuring they're in compliance with licensing requirements.

The MassTLC Technology Leadership Awards recognized finalists in 14 categories at an awards reception on July 19, 2017, shining a spotlight on the best executives, companies and innovative technologiesin the region's internationally respected tech industry. Finalists were selected from hundreds of nominations, as judged by panels of industry leaders in each of the categories.

"Congratulations to Lexumo on being named a finalist in the 2017 MassTLC Leadership Awards," said MassTLC President Tom Hopcroft. "Massachusetts is among the world's top regions engaged in creating whole new industries and markets while redefining existing ones. We produce visionary leaders, high-growth companies, and startups that propel the state's economy. Our 20th annual Technology Leadership Awards draws attention to the deep pool of talent, innovative spirit and determination that thrives in the Bay State."

About Lexumo
Based in Burlington, Massachusetts, Lexumo was formed by a team of computer and data scientists who developed the company's core technology for DARPA. We provide the only automated cloud service that monitors open source code for public vulnerabilities such as Heartbleed and ShellShock; and provides actionable remediation advice. The service is built on a massively scalable cloud stack and uses patent-pending graph analytics to precisely identify source code vulnerabilities without the false positives of legacy governance solutions. The Lexumo code security platform is currently used by leading global 2,000 consumer brands and industrial IoT manufacturers.

For more information, visit https://www.lexumo.com/

About The Mass Technology Leadership Council, Inc.
With 500+ member companies, the Mass Technology Leadership Council (MassTLC) is the region's leading technology association and the premier network for tech executives, entrepreneurs, investors and policy leaders. MassTLC's purpose is to accelerate innovation by connecting people from across the technology landscape, providing access to industry-leading content and ideas and offering a platform for visibility for member companies and their interests. More at http://www.masstlc.org/

Contact Information
Clive Bearman
617.539.6823
[email protected]

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SOURCE Lexumo, Inc.

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