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2018 SINET 16 Innovators Announced

September 18, 2018

SAN FRANCISCO--(BUSINESS WIRE)--Sep 18, 2018--SINET, an organization focused on advancing cybersecurity innovation through public-private collaboration, announced today the winners of its annual SINET 16 innovation competition. The winning companies represent a range of solution providers that deliver cutting-edge technologies to address cybersecurity threats and vulnerabilities. Winners were selected from a pool of 123 applicants from nine countries, including Australia, Canada, France, India, Israel, Italy, Switzerland, the United Kingdom and the United States. The selected companies will share their work with buyers, builders, investors and researchers during the SINET Showcase on Nov. 7-8, 2018, at the National Press Club in Washington, D.C.

Since the award program launched 10 years ago, the applicant pool of early stage and emerging technology companies with revenues under $15 million has become more and more competitive. Entries were evaluated in a two-stage process by the SINET Showcase Steering Committee, which is comprised of 100 cybersecurity professionals, including chief security information officers from leading organizations worldwide, experts in government intelligence and defense agencies, and distinguished venture capital firms.

This year’s 16 winners are headquartered across three countries: Canada, the U.S., and Switzerland. In the U.S., six of the winners are based in California, four in New York, and one each in Massachusetts, Maryland, Texas and Virginia. Six of the companies were founded before 2013, with all others launching by the end of 2016.

The 2018 SINET 16 Innovators are:

Acalvio Technologies – Acalvio provides Advanced Threat Defense solutions to detect, engage and respond to malicious activity inside the perimeter. The solutions are anchored on patented innovations in Deception and Data Science. It is built on Acalvio’s patented Autonomous Deception technology - Deception, SDN and AI.

Avanan – Avanan, The Cloud Security Platform, protects any SaaS or IaaS with the security industry’s most advanced technology to protect against malware, phishing, ransomware, shadow IT, data leakage, insider threats and more. It is a single compliance policy manager with no need for proxy or agent.

Bitglass – Bitglass’ next-gen cloud security solutions deliver zero-day, agentless, data and threat protection for any app, any device, anywhere. Bitglass is backed by Tier 1 investors and was founded in 2013 by a team of industry veterans with a proven track record of innovation and execution.

Claroty – Claroty’s mission is to protect industrial control networks from cyberattacks, ensuring the safe and reliable operation of the world’s most critical infrastructures.

D3 Security – D3 combines security technologies, threat intelligence and dynamic playbooks to supercharge SOCs and achieve rapid incident response. D3 solves SOC and IR challenges by automating risk-based response actions, orchestrating human and machine processes and documenting every incident and action taken.

Edgewise Networks – Edgewise provides cloud workload security through zero trust. Edgewise stops attackers’ lateral movements and protects workloads by allowing only verified applications, users, containers, and hosts to communicate throughout companies’ dynamic, hybrid cloud environments.

Enveil – Enveil is a pioneering data security company protecting Data in Use. Enveil’s Never Decrypt computation capability closes the last gap in data security by protecting data while it’s being used. Enveil allows enterprises to securely operate on data in the Cloud, on prem, or anywhere in between.

ID Quantique – ID Quantique (IDQ) is a world leader in quantum-safe crypto solutions, designed to protect data for the long-term future, provides quantum-safe network encryption, secure quantum key generation and quantum key distribution solutions to the financial industry, enterprises and government organisations globally.

Illusive Networks – Having pioneered deception-based cybersecurity, Illusive Networks continues to evolve its intelligence-driven, proactive approach by leveraging a range of advanced tools to manage the entire threat life cycle —from preemption, to detection and response — mitigating advanced attacks.

Nehemiah Security – Nehemiah Security is pursuing a new definition of success for cybersecurity--minimizing negative impacts to the business. Our clients rely on Nehemiah’s risk quantification platform to prioritize security risks, justify spend, and integrate cyber into strategic business decisions.

Payfone – Payfone’s digital identity solutions protect companies & consumers against identity fraud using dynamic digital signals instead of relying on stores of static personal data. Our modernized approach enables safer, easier and more convenient digital experiences across mobile, PC, and voice calls.

SecureLogix – SecureLogix is a pioneer in the enterprise voice security market. The company’s solutions are currently securing six million enterprise voice and unified communications lines. The company owns 14 U.S. and international patents.

Vade Secure – Vade Secure, the leading predictive email defense solution, protects 500M mailboxes globally against the most sophisticated email threats - phishing, spear-phishing, malware & ransomware. Our predictive approach leveraging AI ensures zero-day protection against unknown, dynamic attacks.

Valimail – Valimail has developed the world’s first cloud service that fully automates email authentication, giving brands fraud protection across mailboxes worldwide and allowing organizations to prevent phishing attacks and regulate their email domains.

Very Good Security – Very Good Security’s (VGS) mission is to securely power the world’s sensitive data operations. With VGS, customers instantly achieve a best-in-class security posture, free from the risk of data breaches, and inherit regulatory compliances (PCI, SOC2, HIPAA, etc.) with minimal, if any, code changes.

Zingbox, Inc. – Zingbox was founded to provide operational intelligence and security for Internet of Things (IoT) devices across wide range of industries. Zingbox’s solution is the first AI machine learning platform designed to discover, manage, secure and optimize IoT devices w/o agents or altering the network.

“The SINET Showcase is my favorite program every year, because it provides an opportunity for entrepreneurs to have a voice in front of 350 attendees, many who are investors, buyers of cyber solutions and policy makers,” said Robert D. Rodriguez, Chairman of SINET. “Congratulations to this year’s SINET 16 Innovators, who are emerging as leaders in their field, and paving the way for critical security advancements across industries. We are proud to play a role in increasing the awareness that these technologies exist, and look forward to seeing these 16 companies continue to grow and innovate.”

About SINET Showcase

SINET Showcase provides a platform for the business of Cybersecurity to take place. We connect innovative early stage and emerging growth Cybersecurity solution providers with system integrator, private industry and Federal Government markets including civilian, military and intelligence communities. Our goal is to highlight global entrepreneurs by increasing their product awareness to a select audience of venture capitalists, investment bankers as well as industry and Government buyers. The program is supported by the Department of Homeland Security, Science & Technology Directorate.

About SINET

SINET is a purpose driven community. Our mission is to advance innovation and enable global collaboration between the public and private sectors to defeat Cybersecurity threats. We are a “Super Connector.” SINET actively brings together innovative entrepreneurs with executives from private industry, venture capital, investment banking, system integration, policy, legal, academia and science, as well as International Government’s civilian, military and intelligence agencies. Our Forums, Public Private Partnership Dinners and Workshops take place in: New York City, London, Silicon Valley, Washington D.C., Sydney, Melbourne, Paris, Davos and Toronto. For more information, please visit:  www.security-innovation.org.

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KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA DISTRICT OF COLUMBIA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE INTERNET NETWORKS SOFTWARE SECURITY

SOURCE: SINET

Copyright Business Wire 2018.

PUB: 09/18/2018 11:30 AM/DISC: 09/18/2018 11:30 AM

http://www.businesswire.com/news/home/20180918005718/en

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