Security Trailblazers 2020 – Shortlist

We have a bumper number of entries to the Tech Trailblazers Awards this year. 2020 has seen a considerable uptick since last year, an increase of over 50%, demonstrating that even more startups in the enterprise tech space are continuing to take positive steps to gain the recognition from awards in order to stand out from the crowd when it comes to seeking investment, clients, and potential acquirers.

The Security Trailblazers is open to security startups that offer innovative enterprise solutions to companies based anywhere around the world. The kind of topics that may be considered hot and innovative under security include: APT, proactive defence, whitelist, SEIM, correlation and monitoring. However, any startup that considers itself innovating in the security space can be considered.

Congratulations to this year’s shortlist for the Security category:

  • Abnormal Security – Abnormal protects organizations from targeted email attacks, including unknown threats that legacy solutions miss. Website Twitter LinkedIn
  • Balbix – Balbix’s cybersecurity platform leverages specialized AI to provide real-time visibility into an organization’s breach risk. Website Twitter LinkedIn
  • Beyond Identity – Beyond Identity aims to empower the next generation of secure digital business by eliminating passwords and creating a fundamentally secure Chain of Trust. Website Twitter LinkedIn
  • Cymatic – Cymatic offers a web application firewall solution that combines client-side WAF defenses with proprietary VADR features to deliver instant and continuous in-session intelligence around devices, users, and locations. Website Twitter LinkedIn
  • Medigate – Medigate offers a dedicated medical device security platform that identifies and protects all Internet of Medical Things devices connected to a healthcare provider’s network. Website Twitter LinkedIn
  • Respond Software – Respond Software is the creator of the Respond Analyst, an XDR engine built to accelerate investigations for security operations teams. Website Twitter LinkedIn
  • Zero Networks – Zero Networks promise to hlpe you trust your network again by offering autonomous, airtight network access security at scale. Website Twitter LinkedIn
  • ZeroNorth – ZeroNorth brings security, DevOps, and the business together to improve application security performance and reduce organizational risk with their application security automation and orchestration platform. Website Twitter LinkedIn

Security Trailblazers  success – the story so far

The Security Trailblazers is one of the categories that has been a part of the Tech Trailblazers Awards since the very beginning in 2012. Since then there has been a steady stream of eight firms who have won or been shortlisted which have gone on to be acquired.  In 2016, Veriflow won and went on to be bought by VMware in 2019. The winner in the following year, Zingbox Security, went on to be acquired by Palo Alto Networks for $75m.

From 2012 to 2017 there has been one runner-up per year that has gone on to be purchased. A runner-up in the first year of the Security Tech Trailblazers Award was Vaultive who was picked up by CyberArk Software in 2018.  SecludIT (2013) was acquired by Output24 in 2018, and Bluebox Security by Lookout in 2016.

The details of the acquisition deals for the 2015 and 2016 runners-up were made public. So we know that PhishMe (now Cofense) was bought for $400 million by Pamplona Capital Management and Hexadite for $100 million by Microsoft.

Our most recent success story is that of Edgewise Networks, 2017 runner-up, who was bought earlier this year by Zscaler. You can read all about that story here. This all goes to show how not only winners but also those recognised by our esteemed judges can catch the eye of a larger firm who then buys them up, often the startup founder’s dream exit.

Now we’re onto the second round of judging and the voting stage of the Awards. The public vote is now open, vote here now! Voting closes on Thursday 3rd December and the winners will be announced on Tuesday 8th December.

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