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There’s a new startup accelerator in San Diego that’s been operating quietly through the pandemic, launched by a tech executive who recently achieved the entrepreneurial dream: a billion-dollar exit.
The new accelerator, called LogicBoost Labs, was founded by software executive Jonathan Cogley, the founder and longtime CEO of a Washington D.C. cybersecurity company called Thycotic.
When he started Thycotic, it was just a consulting firm back in 1996. Cogley opened a tiny office above a sushi restaurant in D.C., taping a paper sign to the door with the word “Thycotic” scribbled on it.
That startup evolved from a consulting shop to a cybersecurity company that was an early player in password management for enterprise customers. Thycotic just sold to TPG Capital for $1.4 billion in March.