SAN FRANCISCO--(BUSINESS WIRE)--SINET, an organization focused on advancing Cybersecurity innovation through public-private collaboration, announced today the winners of its annual SINET 16 Innovator competition. The companies, which were selected from a pool of 122 applicants from around the world, represent a range of Cybersecurity solution providers who are identifying cutting-edge technologies to address Cybersecurity threats and vulnerabilities. The selected companies will share their work with buyers, builders, investors and researchers during the SINET Showcase on Nov 3 & 4, 2015 at the National Press Club in Washington, DC.
The competition requires that revenues be under $15 million and this year’s applicant pool of early stage and emerging growth companies was the most competitive since SINET began this initiative six years ago. The entries were vetted in a two-stage process by the SINET Showcase Steering Committee, which was comprised of 100 security experts drawn from the venture, government, industry, academia, investment banking and private sector communities.
ABOUT THE 2015 SINET 16 INNOVATORS
The following companies were selected as the 2015 SINET 16 Innovators:
Bayshore Networks, Inc. – Cloud-based, patented IT/OT Gateway™ enables organizations to rapidly build and enforce extremely granular content-aware policies for OT and IIoT cybersecurity, secure Machine-to-Machine (M2M) communications, industrial operations/safety, and industrial automation.
BehavioSec – Disruptive verification & authentication solutions that make consumers part of the security solution, rather than the problem.
Gurucul Solutions – Assists organizations to detect insider fraud, IP theft, and external attacks. Identity & access intelligence (IAI) and user behavior analytics (UBA) use machine learning and predictive anomaly detection algorithms to identify and prevent breaches. Data science for security data volume.
Lastline – Innovates the way Global 2000 companies, government agencies, managed service providers, and security vendors detect breaches with a software-based solution that easily integrates into existing security operations and tools.
Netskope – A leader in safe cloud enablement. Netskope gives IT the ability to find, understand and secure cloud apps. Netskope empowers organizations to direct usage, protect sensitive data and ensure compliance in real-time, on any device, for any cloud app.
Onapsis, Inc. – Comprehensive solutions for securing business-critical applications. Experts in SAP and Oracle cybersecurity, Onapsis gives security teams the visibility they need to continuously monitor business critical systems against advanced threats, cyber risks and compliance gaps.
Palerra, Inc. – Cloud-based security provider that protects an enterprise’s cloud applications & infrastructure. LORIC, Palerra’s innovative SaaS offering, helps enterprises obtain visibility into user activities, detect insider & external threats, maintain compliance & automate incident response.
PFP Cybersecurity – Next-gen endpoint security solution from supply chain to grave, on premise or in the cloud. Capable of detecting intrusions in machine time, machine learning and big data are used to detect anomalies in HW and SW execution based on analysis of AC, DC and EMI signals.
Pindrop Security – Protection for enterprise call centers, combining authentication and fraud detection to verify legitimate callers and detect malicious callers. Pindrop’s patented Phoneprinting™ technology analyzes 147 call audio characteristics to provide the caller’s true location and device.
QuintessenceLabs – Centralized and interoperable key management, high speed true random number generator, one-time pad encryption with automatic key destruction for storage devices, and quantum key distribution.
RedOwl Analytics – Tackles the insider threat - malicious, compromised, or sloppy users. Through the application of advanced analytics, RedOwl’s flagship product, Reveal, enables organizations to implement cutting-edge insider threat monitoring capabilities across their organizations.
Secure Islands – Enables organizations to “immunize” data upon creation with classification and protection policies that persist for the life of the data. Its innovative approach prevents unauthorized access to unstructured sensitive data (files and emails) regardless of where it is.
SecurityScorecard – Empowers organizations with an industry-leading Security Risk Benchmarking platform. The company’s SaaS based solution helps organizations benchmark their third parties, industry and peers.
Sqrrl Data, Inc. – The Big Data company that enables more powerful cyber security investigations. With Sqrrl’s solution, security analysts can hunt for, investigate, and analyze data breaches associated with cyber-espionage activity, insider threats, and other advanced attacks.
TaaSera, Inc. – A leader in Preemptive Breach Detection Systems (BDS). Based on cyber security research by SRI International, TaaSera’s unique solution maps the “Threat DNA” patterns of malicious coordinated network and endpoint behaviors without the use of signatures or sandboxes.
Vectra Networks, Inc. – A leader in real-time detection of in-progress cyber attacks. Its advanced threat-detection solution continuously monitors internal network traffic to pinpoint cyber attacks as they happen, instantly prioritize the greatest risk, and enable rapid application of resources to stop them.
“The dynamics and warp speed at which Cyber threats are accelerating mandates greater access to innovative solutions in order to keep pace and or take the geometric advantage over the adversaries,” says Robert Rodriguez, Chairman and Founder, SINET. “To address this need I am excited to announce this year’s class of the SINET 16 Innovators. As a nation we cannot afford to leave any stone unturned when it comes to uncovering innovative solution providers and part of our mission at SINET is to do just this.”
“The continued robust investment and M&A activity are strong indicators which highlight the continued need for innovative and hopeful solutions. It’s also an indicator that this market is not going away anytime soon. This is an exciting time in our lives and we are fortunate to be a part of it,” says Rodriguez.
ABOUT SINET SHOWCASE
SINET Showcase provides a platform for the business of Cybersecurity to take place as emerging technology companies are able to present their solutions and connect with a select audience of nearly 400 venture capitalists, investment bankers as well as industry and government buyers. The program, which is supported by the Department of Homeland Security, Science & Technology Directorate, also features commentary on the latest investment and Cybersecurity trends from the industry’s foremost experts. The program includes educational workshops, panel sessions, an interactive luncheon hour and a networking reception.
To register for SINET Showcase and to see a complete list of speakers and a program agenda: http://www.security-innovation.org/showcase_2015.htm
SINET is a super-connector that accelerates Cybersecurity innovation into the global marketplace by providing trusted platforms for the business of Cyber to take place between investors, entrepreneurs and industry and government buyers. SINET events, membership program and strategic advisory services have delivered unsurpassed value within the ecosystem of the entrepreneur, from academia, science, private industry, investment banking, system integration, policy, innovators, and venture capital to the Federal Government and its civilian, military and intelligence agencies. Our forums take place in Silicon Valley, New York, London and Washington, DC. Connect with us on Twitter at @SINETconnection and follow all the news about this year’s SINET 16 and Showcase event with #SINET16 and #SINETDC. www.security-innovation.org