NEW YORK, NEW YORK – November 24, 2020 — Option3Ventures (O3V), a leading cybersecurity investment specialist firm, announced today that Greg Akers, a member of its prestigious Technology Board, has joined Veracity Industrial Networks as its new Chief Technology Officer (CTO). Veracity Industrial Networks, a developer of Industrial SDN-based technology for operational networks, recently joined the O3V Cyber Special Situations portfolio. As CTO, Akers will help implement the expansion of Veracity Industrial Networks and guide its strategy for technology innovation.
Akers brings Veracity Industrial Networks decades of executive experience focused on internet security. He last held the role of Chief Technology Officer within Cisco’s Security & Trust Organization. Before joining Cisco, Akers’ career included more than 15 years designing, building, and running large networks for Fortune 100 companies. Akers has also advised the U.S. Department of Defense and the U.S. Intelligence Community for more than fifteen years.
“Veracity has proven to be a great team to work with, and I’m very excited about taking on the CTO role” said Akers. “The product set they have developed will be a game-changer for ICS network security and resiliency.”
“We’re very excited to have Greg join Veracity’s leadership team,” said Manish Thakur, Managing Partner of Option3Ventures. “His appointment as CTO represents the next stage in Veracity’s development, and underscores Option3Ventures’ commitment to help Veracity realize its vision.”
The addition of Akers to Veracity Industrial Networks’ executive team follows the recent investment by O3V Cyber Special Situations, a portfolio of companies that have built unique patented solutions to address cybersecurity problems facing enterprises and government. Veracity Industrial Networks is one of three companies currently in the portfolio.
Option3Ventures is a leading cybersecurity investment specialist made up of professionals drawn from both the national security community and the investment industry. It focuses on those companies at the very frontiers the of the cybersecurity sector, offering solutions to problems that existing technologies cannot address. Over the past five years, O3V has built a track record of venture investing in a select group of categories leaders and is now raising its first dedicated cyber venture capital fund, Option 3 Cyber Investments. O3V is based in New York and the Washington DC area, and its Board of Advisors range from former Chief Information Officers at such organizations as the Central Intelligence Agency and Department of Defense to the former CIO of Merrill Lynch and former CEO of Lehman Brothers.