Twenty Cyber Security Startups To Watch

As technology and related threats evolve, so do our cyber security needs. Businesses now require a huge number of applications to function, and there is increasing demand to streamline and speed up processes. Cybersecurity, privacy and security startups have now raised $1.9 billion in three months this year, on pace to reach $7.6 billion or more in 2021, over four times more than was raised throughout 2010 ($1.7 billion)

Based on a methodology that equally weighs a start-up’s ability to attract new customers, current and projected revenue growth, ability to adapt their solutions to growing industries and position in their chosen markets, the following are the top 20 cybersecurity start-ups to watch in 2021:

Axis Security – Axis Security’s Application Access Cloud is a purpose-built cloud-based solution that makes application access across networks scalable and secure.  Built on zero-trust, Application Access Cloud offers a new agentless model that connects users online to any application, private or public, without touching the network or the apps themselves. Axis Security is a privately held company and its headquartered are in San Mateo, California, with research and development in Tel Aviv, Israel.

Bitglass – What makes Bitglass unique and worth watching is how they are evolving their Total Cloud Security Platform to combine cloud access security brokerage, on-device secure web gateways, and zero-trust network access to secure endpoints across all devices. Its Polyscale Architecture is delivering uptimes of 99.99% in customer deployments. Bitglass’s 2020 Insider Threat Report has several interesting insights one takeaway is that 61% of those surveyed experienced an insider attack in the last 12 months.  

Cado Security – Cado Security’s cloud-native forensics and response platform helps organisations respond to security incidents in real-time, averting potential breaches and security incidents. The Cado Response platform is built on analytics components that perform thorough forensic analyses of compromised systems. “Finding the root cause of security incidents in cloud or container environments is incredibly difficult. Traditional tools don’t support these new environments, and there is a shortage of people who know both forensics and cloud security,” said CEO James Campbell.

Confluera – Originally mentioned as one of the 20 Best Cybersecurity Start-ups To Watch In 2020, Confluera’s sustained innovation pace in the middle of a pandemic deserves special mention Confluera helps organisations find sophisticated security attacks going on inside of corporate infrastructures. The start-up delivers autonomous infrastructure-wide cyber kill chain tracking and response. Confluera’s platform is designed to detect and prevent attackers from navigating infrastructure. Confluera technology combines machine comprehended threat detection with accurately tracked activity trails to stop cyber-attacks in real-time, allowing companies to simplify security operations radically. It frees up human security personnel to focus on more important work instead of spending hours trying to join the dots between the thousands of alerts they receive daily, many of which are false positives.

DataFleets – DataFleets is a privacy-preserving data engine that unifies distributed data for rapid access, agile analytics, and automated compliance. The platform provides data scientists and developers with a “data fleet” that allows them to create analytics, ML models, and applications on susceptible data sets without direct access to the data. Each data fleet has easy-to-use APIs, and under-the-hood, they ensure data protection using advances in federated computation, transfer learning, encryption, and differential privacy. DataFleets helps organisations overcome data privacy and innovation struggle by maintaining data protection standards for compliance while accelerating data science initiatives.

DefenseStorm – DefenseStorm’s unique approach to providing cyber security and cyber-compliance for the banking industry make them one of the top start-ups to watch in 2021.  
Their DefenseStorm GRID is the only co-managed, cloud-based and compliance-automated solution of its kind for the banking industry. It monitors everything on a bank’s network. 
It matches it to defined policies for real-time, complete and proactive cyber exposure readiness, keeping security teams and executives updated on bank networks’ real-time security status. 

Enso Security – Enso is an application security posture management (ASPM) platform start-up known for the depth of its insights and expertise in cybersecurity. With Enso, software security groups can scale and gain control over application security programs to protect applications systematically. The Enso ASPM platform discovers application inventory, ownership, and risk to help security teams quickly build and enforce security policies and transform AppSec into an automated, systematic discipline.

Ethyca – Ethyca is an infrastructure platform that provides developers and product teams with the ability to ensure consumer data privacy throughout applications and services design. The company helps companies discover sensitive data and then provides a mechanism for customers to delete, see, or edit their data from the system. Ethyca’s mission is to increase trust in data-driven business by building automated data privacy infrastructure. 

Havoc Shield – Havoc Shield reduces the burden on small and medium businesses (SMBs) by giving them access to advanced security technology that protects against data breaches, phishing, dark web activity, and other threats. The Havoc Shield platform offers comprehensive security and compliance features that meet the standards of Fortune 100 companies, making it easier for businesses working to win deals with those companies. “For a long time, cyber security technology has been virtually inaccessible to small businesses, who largely can’t afford those resources,” said Brian Fritton, CEO and co-founder of Havoc Shield. “Small businesses deserve the ability to protect what they’ve built, just as much as larger companies that have dedicated cybersecurity staff.” 

Illumio – Widely considered the leader in micro-segmentation that prevents the spread of breaches inside data centres and cloud environments. Enterprises such as Morgan Stanley, BNP Paribas, Salesforce, and Oracle NetSuite use Illumio to reduce cyber risk and achieve regulatory compliance. The Illumio Adaptive Security Platform uniquely protects critical information with real-time application dependency and vulnerability mapping coupled with micro-segmentation that works across any data centre, public cloud, or hybrid cloud deployment on bare-metal, virtual machines, and containers. 

Immuta – Immuta was founded in 2015 based on a mission within the US Intelligence Community to build a platform that accelerates self-service access to and control sensitive data. The Immuta Automated Data Governance platform creates trust across data engineering, security, legal, compliance, and business teams to ensure timely access to critical data with minimal risk while adhering to global data privacy regulations GDPR, CCPA, and HIPAA. Immuta’s automated, scalable, no-code approach makes it easy for users to access the data they need when they need it while protecting sensitive information and ensuring customer privacy. 

Isovalent – Isovalent makes software that helps enterprises connect, monitor and secure mission-critical workloads in modern, cloud-native ways. Its flagship technology, Cilium, is the choice of leading global organisations, including Adobe, Capital One, Datadog, GitLab, and many more. Isovalent is headquartered in Mountain View, CA, and is backed by Andreessen Horowitz, Google and Cisco Investments. Google recently selected Cilium as the next-generation data plane for its GKE offering calling Cilium “the most mature eBPF implementation for Kubernetes out there” in its “New GKE Dataplane V2 increases security and visibility for containers.”

JupiterOne – JupiterOne, Inc. reduces cloud security cost and complexity, replacing guesswork with granular data about cyber assets and configurations. The company’s software helps security operations teams shorten the path to security and compliance and improve their overall posture through continuous data aggregation and relationship modelling across all assets. JupiterOne customers include Reddit, Databricks, HashiCorp, Addepar, Auth0, LifeOmic, and OhMD. “JupiterOne has developed a compelling product that integrates quickly, has applicability across enterprise segments, and is highly reviewed by current customers,” said Enrique Salem, partner at Bain Capital Ventures and former CEO at Symantec. Salem now joins the JupiterOne board. 

Lightspin – Lightspin is a pioneer in contextual cloud security protecting native, Kubernetes, and micro-services from known and unknown risks and has recently announced a $4 million seed funding round on November 24th. 
Lightspin’s technology uses graph-based tools and algorithms to provide rapid, in-depth visualisations of cloud stacks, analyse potential attack paths and detect the root causes, all of which are the most critical vulnerabilities that attackers can exploit.

Orca Security – Orca Security is noteworthy for its innovative approach to providing instant-on, workload-deep security for AWS, Azure, and GCP without the gaps in agents’ coverage and operational costs. Orca integrates cloud platforms as an interconnected web of assets, prioritising risk based on environmental context. Delivered as SaaS, Orca Security’s patent-pending SideScanning technology reads cloud configuration and workloads’ runtime block storage out-of-band, detecting vulnerabilities, malware, misconfigurations, lateral movement risk, weak and leaked passwords, and unsecured PII.

SECURITI.ai – SECURITI.ai is an AI-Powered PrivacyOps company that helps automate all significant functions needed for privacy compliance on a single platform. It enables enterprises to grant individual and group rights to data and comply with global privacy regulations like CCPA and bolster their brands. They collect and manage consent from multiple sources, including web properties, web forms, and SaaS applications. Their AI-Powered PrivacyOps platform is a full-stack solution that operationalises and simplifies privacy compliance using robotic automation and a natural language interface. SECURITI.ai was founded in November 2018 and is headquartered in San Jose, California.

SecureStack – SecureStack helps software developers find security & scalability gaps in their web applications and offers ways to fix those gaps without forcing them to become security experts. The results are faster time to business and a 60%-70% reduction in the app attack surface.The SecureStack platform’s intelligent automation manages security controls across distributed infrastructures using rules and profiles customizable by customers. SecureStack is noteworthy for its analytics and logging expertise in helping enterprises scale applications across cloud infrastructures.

Stairwell – What makes Stairwell one of the top start-ups to watch in 2021 is its unique approach to cyber security built around a vision that all security teams should be able to determine what alerts are threat-related or not and why. 
Mike Wiacek, the founder of Google’s Threat Analysis Group and co-founder and former Chief Security Officer of Alphabet moonshot Chronicle, leads the company as its CEO and founder. 

Ubiq Security – What makes Ubiq Security one of the top cyber security start-ups to watch in 2021 is how rapidly their API-based developer platform is maturing while gaining traction in the market. Ubiq Security recently signed commercial agreements with the United States Army and the Department of Homeland Security. Okapi Venture Capital, an early investor in Crowdstrike, led the round with participation from TenOneTen Ventures, Cove Fund, DLA Piper Venture, Volta Global, and Alexandria Venture Investments. Ubiq will use the funds to accelerate platform development, developer relations, and customer acquisition.

Unit21 – Unit21 helps protect businesses against adversaries through a simple API and dashboard to detect and manage money laundering, fraud, and other sophisticated risks across multiple industries. Trisha Kothari and Clarence Chio founded Unit21 in 2018 and work with customers like Intuit, Coinbase, Gusto, and Line to create a powerful and customisable rules engine for risk and compliance teams. Unit21’s highly flexible, customisable, and intelligent cloud-based system. 
This provides a configurable engine for transaction monitoring, identity verification, case management, operations management, and analytics and reporting. 

The above list is compiled by Louis Columbus, Principal of Dassault Systems and Professor of International Business at Webster University 

Enterprise Irregulars:      Forbes:        eSecurity Planet:      Comparitech:  

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