Cybersecurity Market Review

Momentum’s Watch List: Q3 2016
Selected Private Companies With Tremendous Momentum.
Company
Commentary
Company
Commentary
Raised: Private Funded
HQ: San Francisco, CA
Raised: $35.0M
HQ: Palo Alto, CA
§ OPSWAT provides an advanced threat detection and prevention platform to protect
organizations from zero-day attacks. Metadefender leverages 100+ anti-malware, data
sanitization, vulnerability and other security engines to protect organizations from known
and unknown threats. Use cases include threat detection & prevention, email & proxy
threat prevention and endpoint forensics & posture assessment. Its solutions are deployed
by 1000+ enterprises & 50+ OEM customers to more than 200M endpoints
§ Leadership: Benny Czarny (CEO), Tom Mullen (SVP, Bus Dev), Patrick Tan (CFO)
§ Vera is a next-gen data security company that enables businesses of all sizes to secure,
track, and share any kind of data – from Office files to video, no matter where it’s stored or
how it’s shared – email, Box, Dropbox or local file shares. With robust policy
enforcement, strong encryption, and strict access controls, Vera’s Dynamic Data Protection
lets employees collaborate freely while ensuring the highest level of security, visibility and
control
§ Leadership: Ajay Arora (CEO), Prakash Linga (CTO), Robin Daniels (CMO)
Raised: $7.0M
HQ: Sunnyvale, CA
Raised: $32.5M
HQ: Portland, OR
§ RiskSense is a leader in proactive cyber risk management. It enables enterprises and
governments to reveal cyber risk, quickly orchestrate remediation and monitor the results.
This is done by unifying and contexualizing internal security intelligence, external threat
data and business criticality across a growing attack surface
§ Its SaaS platform shortens time to remediation, increases operational efficiency, strengthens
security programs, improves cyber hygiene and minimizes cyber risks
§ Leadership: Srinivas Mukkamala, Ph.D (CEO), Mark Fidel (Co-Founder/Corp Dev)
§ ID Experts provides software and services to organizations for managing cyber risks and
data breaches, and to consumers to protect and restore their identities from identity theft.
It offers a Data Breach Response that provides digital forensics investigation, data breach
notification and crisis communications, credit monitoring, identity monitoring and health
monitoring services for healthcare, financial services, retail, higher education and
government organizations in the U.S.
§ Leadership: Bob Gregg (CEO), Rick Kam (President), Chris Kane (COO/CIO)
Raised: $6.0M
HQ: Austin, TX
Raised: $29.6M
HQ: Boston, MA
§ SparkCognition is the leading Cognitive Security Analytics company developing patented
products that detect behavioral anomalies in streaming data sets from both industrial
sensors and IT/OT networks. SparkSecure applies automated model building, Cognitive
Fingerprinting (patented) and natural language processing to automatically detect,
prioritize, assess, and remediate a wide range of the most advanced cyber threats.
DeepArmor is the first cognitive antivirus solution to the market
§ Leadership: Amir Husain (CEO), Randy Printz (COO)
§ Onapsis is the pioneer in cybersecurity and compliance solutions for cloud and onpremise
ERP and business-critical applications. Onapsis Security Platform is the most
widely-used SAP-certified cybersecurity solution that delivers both preventative
vulnerability and compliance controls, as well as real-time detection and incident
response capabilities to reduce risks affecting critical business processes and data. The
platform can be integrated with SIEM, GRC and network security products
§ Leadership: Mariano Nunez (CEO), Juan Pablo Perez-Etchegoyen (CTO)
Raised: $10.0M
HQ: Reston, VA
Raised: $50.0M
HQ: Tel Aviv, IL
§ Verodin is defining the emerging concept of Instrumented Security. Its platform empowers
customers to measure and continuously validate the cumulative effectiveness of layered
security infrastructures revealing true security postures. Through automated defense
analysis, its customers achieve maximum value from security spending, better leverage
existing security investments and measurably improve their cyber prevention, detection
and response capabilities
§ Leadership: Chris Key (CEO), Ben Cianciaruso (COO)
§ Cato Networks has developed a revolutionary new network security-as-a-service (NSaaS)
platform that is changing the way network security is delivered, managed and evolved for
the distributed, cloud-centric, and mobile-first enterprise. Its Cato Cloud platform has two
parts: Cato Cloud Network which consolidates and encrypts all enterprise network
elements using a network of POPs and the Cato Network Security Services, which then
adds security offerings (e.g., NGFW) on top of the network
§ Leadership: Shlomo Kramer (CEO), Gur Shatz (CTO)
Raised: $11.6M
HQ: Boston, MA
§ BioCatch is a provider of behavioral biometric, authentication and malware detection
solutions for mobile and web applications. Available as a cloud solution, it proactively
collects 500+ parameters to generate a unique user profile. Organizations use the platform
to continuously authenticate users during their online sessions, protecting against cyber
threats and fraudulent activity, such as account takeover and RitB
§ Leadership: Eyal Goldwerger (CEO), Avi Turgeman (CTO), Uri Rivner (Strategy)
Raised: $58.0M
HQ: Leesburg, VA
§ PhishMe is a provider of human-focused phishing defense solutions. Its intelligence-driven
platform turns employees into an active line of defense by enabling them to identify, report
and mitigate spear phishing, malware and drive-by threats. Its phishing incident response
platform and phishing threat intelligence enables SOC and IR teams to respond faster to
real threats – decreasing the risk of data breaches
§ Leadership: Rohyt Belani (CEO), Aaron Higbee (CTO), Jim Hansen (COO)
Source: Momentum Partners, PitchBook Data, CrunchBase, Company Press Releases.
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