8 cyber security start-ups to watch
Security start-ups are often innovation leaders that attempt to solve critical and persistent problems. These are some of the most interesting ones to watch as they tackle issues around multicloud security, identity management, zero-trust, and more. Credit: Dreamstime
If you want to know what’s new in cyber security, watch what the start-up vendors are doing. They typically begin with an innovative idea and are unfettered by an installed base and its mainstream approach. Start-ups often tackle problems no one else is addressing.
The downside, of course, is that start-ups often lack resources and maturity. It’s a risk for a company to commit to a start-up’s product or platform, and it requires a different kind of customer/vendor relationship. The rewards, however, can be huge if it gives that company a competitive advantage or reduces stress on security resources.
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If you want to know what’s new in cybersecurity, watch what the startup vendors are doing. They typically begin with an innovative idea and are unfettered by an installed base and its mainstream approach. Startups often tackle problems no one else is addressing.
The downside, of course, is that startups often lack resources and maturity. It’s a risk for a company to commit to a startup’s product or platform, and it requires a different kind of customer/vendor relationship. The rewards, however, can be huge if it gives that company a competitive advantage or reduces stress on security resources.
Cloud security co Wiz raises $130m at $1 7b valuation globes.co.il - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globes.co.il Daily Mail and Mail on Sunday newspapers.
5 Companies That Came To Win This Week
For the week ending Dec. 11, CRN takes a look at the companies that brought their ‘A’ game to the channel. By Rick Whiting December 11, 2020, 01:27 PM EST
The Week Ending Dec. 11
Topping this week’s Came to Win list is Nutanix, which scored a hiring coup when it hired a top executive from rival VMware to fill its CEO post.
Also making the list are Hewlett Packard Enterprise for its new high-performance computing GreenLake service; a cybersecurity startup for exiting stealth armed with $100 million in financing; Juniper Networks for a strategic acquisition; and Google Cloud for establishing partnerships with ISVs building 5G applications that can work with the Anthos platform.
Israeli cloud security startup Wiz emerges from stealth with $100M in funding
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Israeli cloud security startup Wiz Inc. has emerged out of stealth with the announcement of $100 million in new funding to allow it to scale up to meet customer demand.
The Series A round included Index Ventures, Sequoia Capital, Insight Partners and Cyberstarts. Under the deal, Doug Leone, global managing partner at Sequoia Capital, Shardul Shah, partner at Index Ventures, Jeff Horing, managing director at Insight Partners and Gili Raanan of Cyberstarts are joining the Wiz board.
The company was founded in January by Assaf Rappaport, Ami Luttwak, Yinon Costica and Roy Reznik, former leads of Microsoft’s Cloud Security Group and the founding team of Adallo Inc., a cybersecurity startup acquired by Microsoft for $320 million in 2015. Wiz is developing a cloud security product that is designed to help companies secure their cloud infrastructure.