Contact:

Ben Veghte
NVCA
202.864.5923
bveghte@nvca.org


FOR IMMEDIATE RELEASE:

WASHINGTON, DC – The National Venture Capital Association (NVCA) today announced that NVCA Chair Venky Ganesan, Managing Director at Menlo Ventures, will testify on Wednesday, March 22 before the Senate Committee on Commerce, Science, and Transportation at a hearing entitled, “The Promises and Perils of Emerging Technologies for Cybersecurity.”  The hearing will focus on the impact of emerging technologies in cybersecurity, including the opportunities and risks presented by new fields such as artificial intelligence, the internet of things, blockchain and quantum computing.

“We are excited to have Venky participate in a conversation with senators on the important role venture capital plays in spurring innovation in new technologies to counter emerging cyber threats ,” said Bobby Franklin, President and CEO of NVCA.  “Since 2010, venture investment in cybersecurity companies has been on the rise, peaking in 2015 with $3.5 billion deployed to 243 startups working on groundbreaking innovations in cybersecurity.  Given his expertise in cyber investing, we know Venky will be an effective messenger in communicating venture’s role in supporting the growth of cybersecurity companies.”

When: Wednesday, March 22

Time: 10:00 a.m. ET

Where: 106 Dirksen Senate Office Building, Washington, DC

Watch Online: http://www.commerce.senate.gov/public/index.cfm/hearings?ID=E0E0BBA1-231C-42A4-AF33-FC4DDFCF43C3


About National Venture Capital Association

Venture capitalists are committed to funding America’s most innovative entrepreneurs, working closely with them to transform breakthrough ideas into emerging growth companies that drive U.S. job creation and economic growth. As the voice of the U.S. venture capital community, the National Venture Capital Association (NVCA) empowers its members and the entrepreneurs they fund by advocating for policies that encourage innovation and reward long-term investment. As the venture community’s preeminent trade association, the NVCA serves as the definitive resource for venture capital data and unites its member firms through a full range of professional services. For more information about the NVCA, please visit www.nvca.org.