Cybersecurity

Automation
Sharran Deora
Jeremy Diamond
Table of Contents

●  Executive Summary
●  Cybersecurity AI Market Overview
○  Global Financing History
○  Segmentation

●  Cloud Security
●  Potential Deals: Email Security

2
 Executive Summary
Cybersecurity AI is a set of techniques used to protect the integrity of
networks, programs and data from attack, damage or unauthorized access

●  The global market is projected to grow at ~31% CAGR to reach ~$34B by 2025.1
●  The cyber attacks continues to expand and simply not feasible for cybersecurity teams to defend against every
possible threat.
○  Throwing more humans at the problem is not a foolproof, viable solution.3
○  Equifax had 225 security professionals and was still breached4: 145.5M consumers’ data & 209K credit card numbers
○  Global cybersecurity workforce will be short 1.8 million by 20225 causing high rates of burnout & staff turnover.7
■  300K8 cybersecurity positions in the US alone remain vacant already.

●  Usage of AI will augment rather than replace cybersecurity professionals.

○  Humans will continue to fail and so will traditional security solutions.3
○  Once again, Equifax ran a network scan which failed to identify the threat.6

●  AI represents the only viable future for cybersecurity: the future of cybersecurity is about embracing & innovating for
the partnership of man and machine.3
○  Combination of AI & quantum computing offers enterprises a direct path to transcend from passive to active cybersecurity (attack
attribution, disruption of ongoing attacks, and monitoring threat intelligence).

●  Cybercriminals are also leveraging AI algorithms to discover vulnerabilities with greater precision & faster rates.2
1.  Markets and Markets 5. Venturebeat
2.  Barracuda 6. US House of Representatives
3.  SC Magazine 7. http://www.thelowdownblog.com/2018/08/cybersecuritys-insidious-new-threat.html
4.  TechCrunch 8. https://www.cyberseek.org/heatmap.html 3
MARKET OVERVIEW

4
 Cybersecurity AI Market Overview
Total Market Forecasted to Grow to $34B (~31% CAGR)
●  Major factors for 31% CAGR
○  High usage of the internet
○  Constant need for employees to be online
○  High demand for AI-based security solutions
○  Shortage of cybersecurity professionals

●  Software to hold the largest share in 2025

○  More expensive due to limited number of experts to develop machine
learning algorithms
○  Application program interfaces
○  Language, speech, vision, and sensor data
○  Machine learning algorithms AI in Cybersecurity Market, by Region, 2025

●  North America to hold major share of market

○  Cybersecurity is considered the most serious economic & national
security challenge by organizations and governments
●  APAC is growing the fastest
○  SMEs & large enterprises are rapidly adopting cybersecurity solutions
○  Rising concerns about data security
○  High adoption of IoT, big data, analytics, & cloud computing

1.  Markets and Markets

5
 2017 Deal / Financing Activity1
2017 VALUATIONS
●  2017 EV/Rev increased to Median
4.4x, from 3.4x. Max was 8.6x
(Splunk).
●  C y b e r s e c u r i t y H A C K i n d e x
increased 19%, in-line with S&P
500 at 18%
●  2017 top stock price movers:
118% 55%
IPOs M&As
●  1 in 2016 (Secureworks) while ●  178 M&A transactions totaling
2017 had 4 (Okta, Forescout, ~$21B in 2017, compared to 158
SailPoint, & Carbon Black) transactions and ~$21B in 2016
●  2017 IPOs have outperformed ●  45% of deals were ≥$100M in
except 1: 2017 compared to 29% in 2016
●  Symantec was the most active
acquirer in 2017 completing 5
133% 118%
amounting to $464M
28% 9%
FINANCING
●  A record 326 transactions and
$5.1B in transactions compared to
278 and $4.5B in 2016
●  Distribution of # of deals by stage
was relatively unchanged
○  60%: Seed / Early Stage to A
○  40%: Series B+
○  Series C saw a 27% YoY growth
●  30 companies raised $40M+
totaling $2.3B
●  7 companies raised $100M+

60% 28% ●  2018 has a strong pipeline

○  Tanium
○  Zscaler (ZS) 22%
○  Darktrace
44% 53%
○  Pindrop Security
○  Illumio
○  Cloudflare
86% 64% ○  Avast

1.  Momentum Cyber

2.  CB Insights
6
 Highly Specialized Cyber VCs

1.  Momentum Cyber 7

 Highly Specialized Cyber Corporate VCs

1.  Momentum Cyber 8

 Cybersecurity Automation Segmentation1
CLOUD NETWORK APPLICATION DATA IDENTITY & ACCESS
SECURITY SECURITY SECURITY SECURITY SECURITY

ROSHUB

1.  P&S Intelligence

2.  CRN
3.  CB Insights 9
4.  Crunchbase
CLOUD SECURITY

10
 Cloud Security Market Analysis1
Cloud computing security2 (aka cloud security) refers to a broad set of policies, technologies, and controls
deployed to protect data, applications, and the associated infrastructure of cloud computing

●  Cloud security to grow to $12.7B by 2022 at 25% CAGR,

the fastest growing Cybersecurity segment Total Market Forecasted to Grow to $12B (~25% CAGR)
●  Many, if not all, businesses moving operations to the cloud
○  Rising number of mobile and IoT devices
○  Growing acceptance and adoption of cloud services
●  Cloud deployment significantly reduces capital investment
to deploy cybersecurity solutions
●  Web & email security is expected to have the largest
market share due to…
○  Companies are adopting cloud-based security services to secure
their business infrastructure
○  Increased usage of cloud-based web and email applications
●  Banking/Financial services is expected to grow the fastest
○  Digital identities are increasing
○  Continuously deploying cloud security services to protect
customer-sensitive data

1.  Markets and Markets 11

2.  Wikipedia
POTENTIAL DEALS
EMAIL SECURITY

12
Macro Trends Highlight Email Security

●  Per CB Insights, the new trend is an “active” cybersecurity, not “passive”

○  Attack attribution
○  Disruption of ongoing attacks
○  Monitoring threat intelligence
●  Today, every cybersecurity deal has an element of artificial intelligence with quantum computing becoming an
increasingly important element due to its’ ability to offer high-performance
●  Within cloud security, web & email security is expected to have the largest market share
○  Paramount to focus on email security due to the cloud providers like AWS continuing to upgrade their solution, making it harder for
web security solutions to succeed
●  Banking/Financial services is expected to grow the fastest
●  Focus on APAC due to its’ growth despite North America owning market share

13
 Paubox: $155K Angel-funded
Company Overview Investment Pros from Preliminary Diligence

●  Business Description: Send & receive HIPAA compliant email encyrption that ●  CEO has been in the email industry for 15 years
eliminates the hassle of portals and extra steps. Users can send emails as they ●  Product has reached scale within the healthcare vertical
normally would. ○  300+ customers
●  HQ: San Francisco, CA ○  Secures 8.2M emails per month
●  Employees: 14 ●  Business model illustrates strong recurring revenue by offering a monthly subscription
●  Founded: 2015 based on customer size
●  Key Management ●  500 Startup Alums
○  CEO & Founder: Hoala Greevy
■  Founded an email filtering solution for 15 years before this
○  CMO: Rick Kuwahara
Further Diligence Needed / Potential Risk Factors
■  Over 11 years of S&M management experience
■  Founded a marketing start-up before this ●  How are they surviving on $155K since 2015?
●  Funding History ●  Have they struggled raising capital? Or are they profitable?
○  Total Raised (2 Rounds): $155K ●  How many recurring customers?
○  Latest Round (Sept 2016 - Angel): $125K ●  What is the financial growth?
○  Valuation: Unknown ●  What is the largest contract? What is the average contract?
○  Investors: 500 Startups ●  When will they focus on APAC? How fast is the healthcare industry growing?
●  When will they focus on financial services? Is HIPAA as important to financial
services as healthcare?

1.  https://www.paubox.com
2.  Crunchbase
3.  LinkedIn 14
 BitDam: $3M Seed-funded
Company Overview Investment Pros from Preliminary Diligence

●  Business Description: Blocks advanced content-borne attacks across all enterprise ●  Founding Team: Strong chemistry with highly relevant experiences and an advisor
communication channels & emails, empowering organizations to collaborate safely. who is considered to be a thought leader in cryptography
●  HQ: Tel Aviv, Israel ●  Strong Market: Attacking the fastest growing market in cloud security with email
●  Employees: 15 security expected to be the largest in market share
●  Founded: 2016 ●  Product
●  Key Management ○  Proactively stops malware from running, pre-delivery, preventing hardware and
○  CEO & Co-Founder: Liron Barak logical exploits, ransomware, phishing, N-Day and Zero-Day attacks contained
■  Over a decade of experience developing cyber tech for the Israeli Intelligence in any type of attachment or URL.
Corps ○  Ensures the highest attack detection rates.
■  M.S. in CS with minor in AI / ML ○  Delivers the fastest protection from today’s email borne attacks making
○  CTO & Co-Founder: Maor Hizkiev enterprise communications safe to click.
■  Over a decade of experience building and researching sophisticated cyber ●  Focused on the “Active” approach: disruption of ongoing attacks and monitoring
methods with the CEO threat intelligence
○  Advisor: Moti Yung
■  Research Scientist at Google
■  Adjunct CS Professor at Columbia focused on cryptography
Further Diligence Needed / Potential Risk Factors
●  Funding History
○  Total Raised (1 Round): $3M ●  How many customers do they have? Who are they? Any big names?
○  Latest Round (Jan ‘17 - Seed): $3M ●  Any or who are the referential customers?
○  Valuation: Unknown ●  What is the business model?
○  Investors: Moshe Lichtman & Marius Nacht ●  Which vertical are they attacking?
●  What is their distribution strategy?
●  When will they focus on the Financial Services sector?
●  Which geo are they focusing on? How soon will APAC be the focus?
●  What are their thoughts on quantum computing?
1.  www.bitdam.com
2.  Crunchbase
3.  LinkedIn 15
APPENDIX

16
 Strategic Activity Robust in 2017

1.  Momentum Cyber 17

 PE Supports Cybersecurity

1.  Momentum Cyber 18

 Cyber Multiples Continue to Increase

1.  Momentum Cyber 19

 Significant Growth Since 2010

1.  Momentum Cyber 20

 IPO Overview

1.  Momentum Cyber 21

 2 Breach Examples: Equifax & Uber

1.  Momentum Cyber 22

 Talent Gap Exists Across the Country, if not World

1.  Momentum Cyber 23

 GDPR Driving Growth in SaaS Solutions

1.  Momentum Cyber 24

 Major Industry Conferences

1.  Momentum Cyber 25

 Cybersecurity Automation: Cloud Security
Cloud computing security2 (aka cloud security) refers to a broad set of policies, technologies, and controls
deployed to protect data, applications, and the associated infrastructure of cloud computing
Fundraising
Company Location Round Last Total Description Investors Website
Cloud Security
1 Paubox San Francisco, CA Seed $0.2 $0.2 Making secure email encryption easy to use for senders and recipients. In addition to 500 Startups
encrypted email, Paubox also offers an API, encrypted online forms, email API and www.paubox.com
online storage.
2 Cloud Conformity NSW, Australia A $2.8 $2.8 Security, compliance, and cost management for AWS. Focuses on advanced security, Paladin Capital Group, Jump Capital http://cloudconformity.com
real-time threat detection, cost management, cost optimisation, best practices,
compliance and automation of AWS.
3 BitDam Tel Aviv, Israel Seed $3.0 $3.0 Proactively stops malware from running, pre-delivery, preventing hardware and logical Moshe Lichtman, Marius Nacht
exploits, ransomware, phishing, N-Day and Zero-Day attacks contained in any type of www.bitdam.com
attachment or URL
4 CloudPost Networks Santa Clara, CA A $4.0 $4.0 Develops IoT security and risk-reduction solutions that protect business-critical devices Wing Venture Capital, angels https://www.cloudpostnetworks.com/
and systems. Ties device identity with behavioral analytics so organizations can quickly
spot security issues and implement precise controls to protect the environment.
5 Perception Point Tel Aviv, Israel A $8.0 $10.0 Provides threat prevention on the market for email, shared drives, messaging and State of Mind Ventures, Pitango Venture Capital, Korea Investment Partners www.perception-point.io
anywhere files or URLs are exchanged.

6 Redlock San Francisco, CA A $8.0 $12.0 Enables effective security governance across Amazon Web Services, Microsoft Azure, Storm Ventures, Workday Ventures, Sierra Ventures, Dell Technology Capital www.redlock.io
and Google Cloud Platform.

7 Tessian London, UK A $13.0 $16.8 Prevents highly sensitive information being sent to the wrong people over email. Innovate UK, CyLon, Winton Ventures, Pitch@Palace, LocalGlobe, Amadeus www.tessian.com
Capital Partners, Accel, Crane Venture Partners, Balderton Capital, Walking
Ventures
8 Vade Secure Hem, France Seed $17.0 $17.0 Offers an email filtering service against phishing, malware, spear phishing, and spam. Isai www.vadesecure.com

9 Tigera San Francisco, CA A $10.0 $23.0 Delivers network security solutions for microservices applications. NEA, Secure Octane, Wing Venture Capital, Madrona Venture Capital www.tigera.io

10 iboss Network Security Boston, MA A $35.0 $35.0 Leverages an elastic, cloud-based node architecture that provides advanced security for Goldman Sachs www.iboss.com
today’s decentralized organizations with more financial predictability.

11 Valimail San Francisco, CA B $25.0 $39.8 Authenticates email and blocks impersonators and phishing attacks. Focused on SMB Tenaya Capital, Bloomberg Beta, Shasta Venture, Flybridge Capital Partners http://valimail.com
(ACV starts at $30k).

12 Twistlock Portland, OR C $33.0 $63.1 Secures your containers and modern applications against the next generation of threats Polaris Partners, 1011 Ventures, Rally Ventures, YL Ventures, Dell Technologies www.twistlock.com/
across the entire application lifecycle. Capital, TenEleven Ventures, ICONIQ Capital

13 CipherCloud San Jose, CA Venture $50.0 $80.0 Enables organizations to securely adopt cloud applications by overcoming data privacy, Andreessen Horowitz, Index Ventures, Deutsche Telekom, Transamerica Ventures, www.ciphercloud.com
residency, security, and regulatory compliance risks. Delta Partners Capital, EquityZen

14 HyTrust San Francisco, CA E $36.0 $108.5 Specializes in security, compliance and control software for private, hybrid and public Trident Capital, EPIC Ventures, Granite Ventures, Cisco, VMWare, Intel Capital, In- www.hytrust.com
cloud infrastructure. Q-Tel, Vanedge Capital, City National Bank, Fortinet, Sway Ventures, Trinity Capital
Investment
15 Armor Dallas, TX F $89.0 $149.1 Offers customer-centric security outcomes for retail and eCommerce enterprises, ST Telemedia (Singapore-based CMT investor) https://www.armor.com
healthcare organizations, payment leaders and financial institutions. Focuses on
security, compliance, and performance.
16 Netskope Los Altos, CA E $100.0 $231.4 Provides context-aware governance of all cloud usage in the enterprise in real time, Social Capital, Lightspeed Venture Partners, Dell Technology Capital, Accel, www.netskope.com
whether accessed from the corporate network, remote, or from a mobile device. ICONIQ Capital, Sapphire Ventures, Geodesic Capital

17 Illumio San Francisco, CA D $125.0 $267.5 A cloud security company that stops cyber threats of unauthorized communications Andreessen Horowitz, 32 Ventures, Mosaic Ventures, Juniper Networks, Formation www.illumio.com
through adaptive segmentation. 8, InstantScale Ventures, General Catalyst, Valor Capital Group, Accel, Data

1.  Wikipedia
Collective, AME Cloud Ventures, Blackrock, JP Morgan Asset Management, 8VC 26
 Cybersecurity Automation: Network Security
Network security1 consists of the policies and practices adopted to prevent and monitor unauthorized access,
misuse, modification, or denial of a computer network and network-accessible resources
Fundraising
Company Location Round Last Total Description Investors Website
Network Security
1 Vulcan Cyber Tel Aviv, Israel Seed $4.0 $4.0 A security company that helps enterprises quickly detect and fix vulnerabilities in their YL Ventures vulcancyber.com/
software stack and code.

2 Packetsled San Diego, CA A $8.5 $11.5 Leverages continuous stream monitoring and retrospection to provide network forensics Keshif Ventures, JHS Ventures, Blu Venture Investors www.packetsled.com
and security analytics.

3 Centripetal Networks Herndon, VA A $28.1 $28.1 Dedicated to protecting organizations from advanced threats by operationalizing Unknown www.centripetalnetworks.com/
intelligence-driven security.

4 Attivo Networks Fremont, CA C $21.0 $44.0 Provides accurate in-network threat detection, analysis, and accelerated response to Bain Capital Ventures, Macnica Ventures, Secure Octane, Omidyar Technology www.attivonetworks.com
advanced, credential, insider, and ransomware attacks. Ventures, ForgePoint Capital, Singtel Innov8

5 Protectwise Denver, CO B $45.0 $62.2 Can achieve defense-in-depth via advanced analytics on cloud, hybrid and enterprise Trinity Ventures, Crosslink Capital, Arsenal, Paladin Capital Group, Tola Capital, www.protectwise.com
traffic with real time and retrospective detections. Envision Ventures, Top Tier Capital Partners, Hack VC

6 Claroty New York, NY B $60.0 $92.0 Protect industrial control networks from cyber-attacks; ensuring safe and continuous Innovation Endeavors, ICV, Bessemer Venture Partners, Team8, Mitsui & Co., www.claroty.com/
operation of the world most critical infrastructures. Marker, Red Dot Capital Partners, Tekfen Ventures, Temasek Holdings, Envision
Ventures, ICV, Rockwell Automation, Siemens AG, Aster
7 Vectra Networks San Jose, CA D $36.0 $122.5 Automatically prioritizes attacks that pose the business risk, enabling organizations to IA Ventures, Matrix Partners, Khosla Ventures, Accel, AME Cloud Ventures, Intel www.vectranetworks.com
quickly make decisions on where to focus their time and resources. Capital, Juniper Networks, DAG Ventures, Wipro Ventures, Atlantic Bridge, Ireland
Strategic Investment, Nissho Electronics
8 Darktrace Cambridge, UK D $75.0 $179.5 Uses machine learning and AI algorithms to detect and respond to cyber-threats across Talis Capital, Hoxton Ventures, Invoke Capital, Summit Partners, KKR, SoftBank, www.darktrace.com/
diverse digital environments, including cloud and virtualized networks, IoT and industrial TenEleven Ventures, Insight Venture Partners
control systems.
9 Cybereason Boston, MA D $100.0 $188.6 Detects behavioral patterns across every endpoint and surfaces malicious operations in CRV, Spark Capital, Lockheed Martin, SoftBank www.cybereason.com
an exceptionally user-friendly interface.

1.  Wikipedia
27
 Cybersecurity Automation: Application Security
Application security1 encompasses measure taken to improve security of an application by finding, fixing, and
preventing security vulnerabilities
Fundraising
Company Location Round Last Total Description Investors Website
Application Security
1 Cyber 20/20 Herndon, VA N/A - - Analyzes all files being downloaded into a organization's network through the web, N/A www.cyber2020.com
email, or mobile devices to detect whether those files contain malicious code.

2 Cryptosense Paris, FR Seed $1.2 $1.2 Eliminate the vulnerabilities caused by crypto misuse in their applications and Agoranov, Elaia Partners www.cryptosense.com
infrastructure, and comply with custom or public crypto standards.

3 Deep Instinct New York, NY B $32.0 $37.0 Protects against zero-day threats and APT attacks with unmatched accuracy. ATW Partners, Columbus Nova Technology Partners, Nvidia, Coatue Management www.deepinstinct.com

4 Distil Networks Arlington, VA C $21.0 $59.0 Leveraging bots by defending websites against web scraping, competitive data mining, Techstars Ventures, Dingman Center Angels, IDEA Fund Partners, Right Side www.distilnetworks.com
account takeovers, transaction fraud, unauthorized vulnerability scans, spam, man-in- Capital Management, ff Venture Capital, Cloud Power Capital, Correlation Ventures,
the-middle attacks, digital ad fraud, and denial of service. Foundry Group, Bessemer Venture Partners, Silicon Valley Bank, and others
5 Shape Security San Francisco, CA D $40.0 $106.0 Provides best-in-class defense against malicious automated cyber-attacks on web and Kleiner Perkins Caufield & Byers, Norwest Venture Partners, Venrock, Baseline www.shapesecurity.com
mobile applications. Ventures, Google Ventures,Tomorrow Ventures, Wing Venture Capital, Baseline
Ventures, #Angels, Venrock, Sierra Ventures, AllegisCyber, EDBI, EPIC Ventures

1.  Wikipedia
28
 Cybersecurity Automation: Data Security
Data security1 means protecting digital data, such as those in a database, from destructive forces and from
the unwanted actions of unauthorized users, such as a cyberattack or a data breach
Fundraising
Company Location Round Last Total Description Investors Website
Data Security
1 RosHub Seattle, WA Bootstrapped $0.0 $0.0 Hosts, encrypts, and signs the data between robots and servers. Friends and family http://roshub.io

2 GarbleCloud San Francisco, CA Bootstrapped $0.0 $0.0 Offers enterprises an easy way to use multiple public-cloud based file N/A https://www.garblecloud.com/
sharing/collaboration solutions in an unified manner, while greatly enhancing data
privacy & security
3 Siga Be'er Sheva, Israel Seed $3.5 $3.5 Provides virtually infallible and uncircumventable early warning in the event of an Awz Ventures www.sigasec.com
anomaly – whether caused by a cyber attack or a system malfunction.

4 EnVeil Fulton, MD Seed $4.0 $4.0 Provides a scalable framework to enable enterprises to securely operate on data without Bloomberg Beta, DataTribe, In-Q-Tel, Thomson Reuters www.enveil.com
ever revealing the content of the operation, the results, or the data itself.

5 Allure Security Waltham, MA Seed $5.3 $5.3 Tracks and protects documents inside and outside the enterprise. Greycrofy, Portage Partners, Glasswing Ventures, Zetta Venture Partners www.alluresecurity.com

6 Post-Quantum London, UK A $10.3 $10.4 Advanced cyber-security products for high-value data, workflows, and accountability Barclays Accelerator, Techstars, AM Partners, VMS Investment Group https://post-quantum.com/
based on cryptographic expertise.

7 QuintessenceLabs Canberra, Australia B $7.5 $21.1 Developed a suite of data security technology, products, and solutions to secure Unknown www.quintessencelabs.com/
valuable digital information in-transit, at-rest or in-use.

8 Virtru Washington, DC B $37.5 $76.8 A data security company that eliminates the tradeoff between data protection and ease Thyra Global Management, Bessemer Venture Partners, Portage Partners, NEA, www.virtru.com
of use. Allows users anywhere, on any device to work the way they do today – without Soros Fund Management, Teamworthy Ventures, Quadrant Capital Advisors,
requiring a separate log-in, user interface or application. Samsung NEXT, Blue Delta Capital Partners, ICONIQ Capital

1.  Wikipedia
29
 Cybersecurity Automation: IAM
Identity & Access security1 (also known as Identity and Access Management or IAM) refers to a framework of
policies and technologies for ensuring that the proper people in an enterprise have the appropriate access to
technology resources
Fundraising
Company Location Round Last Total Description Investors Website
Identity & Access Security
1 Miracl London, UK Seed $0.3 $0.3 Enables security solution and managed service providers to meet strong authentication Boundary Capital Partners www.miracl.com
needs of businesses in regulated industries.

2 SimplifIDe Madison, WI Seed $1.8 $1.8 A turn-key Software as a Service (SaaS) that provides biometric identity services Unknown www.SimplifIDe.com
securely and instantly.

3 Yubico Palo Alto, CA A $6.0 $10.0 Offers USB and wireless authentication solutions. YubiKeys protect access to user A16Z, NEA, The Valley Fund https://www.yubico.com
accounts for the world’s largest enterprises with a simple touch, and with no driver or
client software needed.
4 Shift Technology Paris, FR A $10.0 $11.8 Leverages data science to automatically detect networks of fraudsters in insurance and Microsoft Accelerator Paris, Iris Capital, Elaia Partners, Accel Partners http://www.shift-technology.com
e-commerce.

5 LoginRadius Vancouver, Canada A $17.0 $19.3 A Customer Identity Management platform offering Customer Registration Services, VA Angels, BDC Venture Capital, Yaletown Partners, Accelerate Ventures, Real www.loginradius.com
Profile Data Storage, SSO, and more. Ventures, FounderFuel, Accelerate Fund, Microsoft Accelerator Seattle, M12,
ForgePoint Capital
6 OneLogin San Francisco, CA C $57.5 $75.2 A cloud identity and access management solution that enables enterprises to secure all CRV, Social Capital, Scale Venture Partners, Blue Cloud Ventures www.onelogin.com
apps for their users on all devices.

7 Sift Science San Francisco, CA D $53.0 $106.6 Applies insights from a global network of data to detect payment fraud, content and YC, Founder Collective, SV Angel, Andreessen Horowitz, Union Square Ventures, www.siftscience.com
promo abuse, fake accounts, and account takeover. First Round Capital, Glassdoor, Spark Capital, Insight Venture Partners, Founders
Circle Capital, Stripes Group
8 Auth0 Bellevue, WA D N/A $109.3 Provides universal identity platform for web, mobile, IoT, and internal applications. Portland Seed Fund, NXTP Labs, K9 Ventures, Bessemer Venture Partners, Silicon www.auth0.com
Valley Bank,Founders' Co-op, Trinity Ventures, Telstra Ventures, NTT DoCoMo,
Meritech Capital Partners, World Innovation Lab, Sapphire Ventures

1.  Webopedia
30
Resource
●  https://www.businesswire.com/news/home/20180726005346/en/Asia-Pacific-Cybersecurity-Market-Analysis-Forecasts-2018-2023-Expected
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Foreseeable-Future-P-S-Market-Research.html
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●  https://www.marketsandmarkets.com/PressReleases/cloud-security.asp

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