Randori bills itself as the world’s first automated breach and attack simulation (BAS) platform. By mirroring malicious attackers in a real-world attack, Randori provides an up-to-date assessment of an organization’s attack surface and identifies vulnerabilities and their potential impacts. Ubiq Security offers an API-based platform that integrates data encryption directly into application development. Without the need for experienced developers, encryption expertise, or excessive manual hours, Ubiq Security makes securing applications during the development process seamless, allowing personnel to focus on what’s most important. The company has only undergone two rounds of financing, with the latest occurring in May of 2021. However, despite limited funding rounds, the company received a total of $49 million in investments.
Lightspin is not the only startup on this list that focuses on dealing with issues in an effortless manner. However, it does utilize a very smooth platform and takes an impressive approach to deal with security concerns in cloud environments. In addition, the analytics cloud security providers help users make sense of data, saving time and resources for teams using the platform. CRN was on hand for Black Hat USA 2023 this week, and these 10 cybersecurity startups—all of which were founded since 2020—caught our attention with notable announcements.
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Cado Security made a name by offering the first cloud-native forensics and response platform. The Cado Response platform gives security teams the capability to respond to threat incidents in cloud or container environments rapidly. Most traditional tools used for investigating cyber attacks cannot assess potential impacts on these environments.
Emerging from stealth mode in October 2022, Nudge Security focuses on SaaS security at the employee level. It’s product identifies, inventories, and monitors all cloud and SaaS accounts that employees have created with the intent to gain visibility into SaaS supply chain risks. It also provides cues to employees to “nudge” them toward more secure behaviors.
Palo Alto Networks has one of the most comprehensive cloud native security platforms in the market in Prisma Cloud, with deep capabilities to help organizations manage workload security. The company’s solutions are designed to provide visibility and control over applications, users, and content, helping to reduce the risk of a data breach. Founded in 2019, Abnormal Security offers a cloud-native email security platform that uses behavioral data science to identify and prevent email attacks. Its AI-based approach analyzes data user behavior, organizational structure, and relationships, and business processes to help identify anomalous activity that could indicate a cyberattack. Abnormal’s email protection platform promises to prevent business email compromise, supply chain attacks, invoice fraud, credential phishing, and email account compromise.
Over time, the platform builds an inventory by “learning” all products, projects, and repositories. Emerging from stealth mode on May 24, Red Access offers a SaaS solution that promises to “make every web session secure.” https://www.globalcloudteam.com/ That protection applies to all web applications, browsers and devices. The company claims its service can inspect and analyze both cloud and endpoints to block threats to browsing, files, identity and data.
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Flow, founded in 2020, says that it provides companies with the means to secure their cloud data through the entire application environment, as well as external services. The Israel-based startup does so by discovering data flows, classifying them according to their sensitivity, and performing continuous data risk assessment and remediation. Given the relative newness of IT industries at large, cybersecurity remains a budding marketplace with plenty of opportunities for new vendors. Still, many have proven the right solution and service can catch on fast with eager investors ready to help worthy startups scale. Cowbell Cyber is a dedicated cyber insurance company that relies on continuous risk assessment, AI data analytics, and real-time underwriting to give clients pre- and post-breach services.
Funding will go towards expanding the company’s marketing and engineering teams with the company set to double its headcount over the next year, Fuchs added. Legit’s ASPM continually monitors risk across a company while also providing analysis, correlation, and remediation of the weaknesses that are identified. Symantec doesn’t list product pricing on its website, as it can vary widely depending on the size of the organization, number of licenses, and other factors.
Oxeye provides context-based vulnerability assessments, delivering reliable results with rich data. The application also helps developers by providing clear remediation guidance to solve detected vulnerabilities. Snyk is another cloud-native application that can add some much-needed security for developers. The application takes a developer-first approach, which begins working before applications move from code to the cloud.
SafeBase’s stack of features covers enterprise authentication, role-based access, security questionnaires, and auto-populated NDA templates. SenseOn is a cybersecurity startup with an “AI Triangulation” technology that emulates actual security analyst behavior for detection, investigation, and response. SenseOn products are available as a network appliance, lightweight endpoint agent, or cloud-hosted microservices, with an Enterprise solution for deployment across multiple global sites. Salt Security is a provider of API security solutions that help organizations protect their APIs from attacks and breaches. Their platform uses advanced machine learning algorithms to identify and block attacks in real-time, while also providing detailed insights into API usage and security risks. Salt Security’s solutions are easy to deploy and integrate with existing security infrastructure.
The product then drives workflows through the authentication process, triggering actions such as a secondary authentication factor depending on the risk score. The problems cybersecurity startups attempt to solve are often a bit ahead of the mainstream. They can move faster than most established companies to fill gaps or emerging needs. Startups can often innovative faster because they are unfettered by an installed base. The company in March integrated with AWS services to provide security and compliance for container and Kubernetes workloads on AWS.
- Sitting at the intersection of threat intelligence, asset management, and vulnerability scanning data, Nucleus offers a central hub with over 100 security integrations to optimize visibility into cybersecurity coverage gaps.
- By leveraging the cloud, the solution automates forensic-level data capture and processing across cloud, container, and serverless environments.
- Moreover, the public cloud data protection offered is incredibly useful and visible.
- According to Polar Security, its platform will automatically map and follow data and data workflows of cloud-native data to better prevent vulnerabilities and meet regulatory compliance.
- Palo Alto Networks boasts a comprehensive product portfolio for protecting against cyberattacks — and the cybersecurity leader has brought that same comprehensive approach to its cloud security offerings.
JupiterOne is a cyber asset management startup providing clients with a cloud-native solution for insights into relationships, governance and compliance, and empowering security engineering. JupiterOne helps aggregate cyber assets for central visibility and faster investigations with increasing complexity in security operations and assurance. Grip Security boasts a solution that beats traditional cloud access security brokers (CASB), providing clients with a complete SaaS inventory upon deployment for visibility, governance, and data security. No matter the device or location, Grip’s solution helps enhance and automate security policy enforcement across an organization’s cloud infrastructure.
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Its flagship technology, Cilium, is the choice of leading global organizations 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. Earlier this month, Isovalent announced that it had raised $29 million in Series A funding, led by Andreessen Horowitz and Google with participation from Cisco Investments. Today, 797 cybersecurity, privacy and security startups have received a total of $10.73 billion so far this year, with $4.6 million being the median funding round and $17.5 million the average funding round for a startup. The number of startups receiving funding this year, funding amounts and the methodology to find the top 25 cybersecurity startups are all based on Crunchbase Pro analysis done today.