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Founded in 2019, SideChannel has quickly established itself as a beacon of cybersecurity assurance for emerging and mid-market companies. With their innovative offering, SideChannel Complete, they have consistently provided comprehensive cybersecurity plans combining the prowess of skilled talent and cutting-edge technological tools. Their new Enclave platform promises a more straightforward path to zero-trust network infrastructure, further strengthening their market position.
“…a beacon of cybersecurity assurance for emerging and mid-market companies.”
Side Channel, described as a beacon of cybersecurity assurance, and yet it can't catch a bid even after the CEO keynotes a major industry event?! Conference attendees couldn't be bothered to look up SDCH on their investment app? Mr. Haugli referenced his company several time throughout his addresses. They might have discovered a stock trading a little north of 1x revenues. Ok, so no buyers from the conference. Incredible.
Btw, anyone knew SDCH they report the Q? FY2023 ended in September.
Business Description: SideChannel, Inc. (the “Company” or “SideChannel”). Effective July 5, 2022, the Company changed its name to “SideChannel, Inc.” following its acquisition of SideChannel, Inc., a Massachusetts corporation, on July 1, 2022. SideChannel is committed to creating top-tier cybersecurity programs for mid-market companies to help them protect their assets.
Our mission is to make cybersecurity easy and accessible for mid-market companies, a market that we believe is currently underserved. We believe that our cybersecurity offerings will identify and develop cybersecurity, privacy and risk management solutions for our customers. We anticipate that our target customers will continue to need cost effective security solutions. We intend to provide more tech-enabled services to address the needs of our customers, including third-party risk management, due diligence, privacy, threat intelligence, and managed end-point security solutions. To supplement our legacy licensing program, we are building our own applications that we intend to sell directly to enterprises and managed security service providers. Enclave our first internally launched product, is designed to be an easy-to-use platform for organizations that are seeking to control communication between devices; and to fully encrypt traffic between those devices. Enclave is designed to provide a simple and cost-effective solution for multiple devices, as compared to current complex cost-prohibitive solutions, which we believe require technical personnel to operate. Enclave is designed to make microsegmentation available to everyone at a low cost, and with minimum technical administration.
IR Page: https://investors.sidechannel.com/
IR Email: ir@sidechannel.com
DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE
The CEO, directors, and officers of the Company will hold office until additional members or officers are duly elected. The background and principal occupations of the directors and officers of the Company are as follows:
Debbie MacConnel, Chairwoman of the Board, Independent Director, has been involved in the computer industry for 34 years, retiring recently from the IBM Corporation after 28 years. Prior to her retirement, Ms. MacConnel was instrumental in transforming information technology for IBM’s human resources function, which supported up to 450,000 employees. Ms. MacConnel’s team at IBM was also responsible for transforming the succession planning process for executive selection and promotion, along with enhancing the processes for mergers and acquisition management and talent acquisition. Ms. MacConnel qualifies as an independent member of the Company’s Board of Directors. LinkedIn bio: https://www.linkedin.com/in/debbie-macconnel/
Brian Haugli, Director, President & Chief Executive Officer, has been the CEO of SideChannel since September 2017. Since October 2020, Mr. Haugli has been the founder of RealCISO, a cybersecurity risk assessment SaaS platform, and has been the creator and host of #CISOlife YouTube and Podcast since August 2019. Mr. Haugli was an Adjunct Professor at Boston College from June 2020 through January 2022, an advisor to Zscaler from September 2019 to 2020, and worked for the Hanover Group from May 2015 to April 2019, most recently as VP, Chief Security Officer. LinkedIn bio: https://www.linkedin.com/in/brianhaugli/
Ryan Polk, Chief Financial Officer, brings more than 25 years of experience in executive and financial roles at companies ranging from emerging growth to the Fortune 500. Mr. Polk has been the principal of Perissos Partners, an executive consulting firm, since June 2017. While at Perissos, Mr. Polk served in CFO roles at Generation Next and Cellpoint Corporation. From July 2011 to May 2017, Mr. Polk served in executive roles in the portfolio companies owned by Lacy Diversified, a family office based in Indianapolis, IN which actively managed investments in distribution, light manufacturing, and supply chain management with combined revenue approaching $2 billion. He also led the mergers and acquisition team for Lacy. From August 2008 to June 2011, Mr. Polk served as the Vice President for Corporate Financial Planning and Analysis for Brightpoint, a publicly traded, Fortune 500 mobile device logistics company, based in Indianapolis, IN prior to its sale to Ingram Micro. He began his career at Ernst & Young in the firm’s tax consulting group. Mr. Polk earned a Bachelor of Science in Accounting and Industrial Management from Purdue University – Krannert School of Management in 1990. Mr. Polk is also a certified public accountant (inactive). LinkedIn bio: https://www.linkedin.com/in/ryan-polk/
Hugh Regan, Independent Director, recently retired from his role as Secretary, Treasurer and Chief Financial Officer of inTEST Corporation, a publicly traded manufacturer of capital equipment used in the semiconductor industry and other markets, and currently works as a private consultant to businesses, assisting them with various strategic issues. Mr. Regan served in his roles at inTEST for just over 25 years, from April 1996 until June 2021. From 1985 to April 1996, Mr. Regan served in various financial capacities for Value Property Trust, a publicly traded real estate investment trust, including Vice President of Finance from 1989 to September 1995 and Chief Financial Officer from September 1995 until April 1996. Mr. Regan qualifies as an independent member of the Company’s Board of Directors and will serve as the Chairperson of the Company’s Audit Committee. LinkedIn bio: https://www.linkedin.com/in/hugh-regan-50a1201/
Kevin Powers, Independent Director, is the founder and director of the Master of Science in Cybersecurity Policy and Governance Programs at Boston College and is an Assistant Professor of the Practice at Boston College Law School and in Boston College’s Carroll School of Management’s Business Law and Society Department. Mr. Powers is also a Cybersecurity Research Affiliate at the MIT Sloan School of Management, and he has taught courses at the U.S. Naval Academy, where he was also the Deputy General Counsel to the Superintendent. Mr. Powers qualifies as an independent member of the Company’s Board of Directors. LinkedIn bio: https://www.linkedin.com/in/kevin-powers-54893a8/
5/17/22 - 87,560,647
4/3/23 - 149,571,281
11/24/23 - 214,041,082
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