DENVER--(BUSINESS WIRE)--ProtectWise, provider of the enterprise security platform that delivers pervasive visibility, deep analytics and an advanced user experience on demand, was named a SINET 16 Innovator Award Winner for 2016. The SINET 16, awarded annually by the Security Innovation Network, recognizes the most innovative technologies and compelling emerging companies from among hundreds of nominees around the world. The ProtectWise Grid was recognized for its powerful threat detection capabilities.
As a member of the SINET 16, ProtectWise will present its cloud enterprise security platform at the SINET Showcase at the National Press Club in Washington, DC, November 2-3. The SINET Showcase attracts senior information security personnel and members of the public and private sector buyers, builders, investors and researchers to learn how technical innovations are addressing the most pressing needs in information security.
"Being recognized by the Security Innovation Network as a SINET 16 Innovator is a big honor for us, and highlights an amazing year of growth for ProtectWise. From the recent launch of our channel partner program to a series of successful integrations with established vendors like Splunk and Palo Alto Networks, 2016 has been a huge year of growth for the company,” said Scott Chasin, CEO and co-founder, ProtectWise. "We are thrilled at this recognition from SINET and looking forward to presenting our work in DC in November, and showcasing the strategic advantage we provide security teams to investigate threats though every stage of an attack.”
“I am proud and excited to recognize ProtectWise as one of this year’s SINET 16 Innovators,” said Robert Rodriguez, Chairman and Founder of SINET. “Of our four programs each year, Silicon Valley, New York City, Washington DC and London, the Showcase is my favorite as it has a clear deliverable in our mission to advance innovation in the Cybersecurity domain.”
The competition requires that revenues be under $15 million and this year's applicant pool of early stage and emerging technology companies was the most competitive since SINET began the initiative eight years ago. Entries were evaluated in a two-stage process by the SINET Showcase Steering Committee of 100 cybersecurity professionals, including chief security information officers from leading organizations worldwide, experts in government intelligence and defense agencies, distinguished venture capital firms specializing in security, security entrepreneurs and security experts from academia.
The ProtectWise Grid harnesses the power and scale of the cloud to deliver unprecedented visibility and detection of enterprise network threats to dramatically accelerate incident response. The ProtectWise sensors capture all network traffic for continuous real time and retrospective analysis using the massive compute resources of its cloud platform. The cloud-delivered technology includes next-generation visualization of network activity that presents security professionals and incident responders with high priority events from which they can instantly pivot into a deep-dive forensic workbench.
ProtectWise™ is disrupting the security industry with The ProtectWise Grid, its network security platform that captures high fidelity network traffic, creates a lasting memory for the network, and delivers real time and retrospective alerting and analysis in a rich, innovative visualizer. By harnessing the power of the cloud, The ProtectWise Grid provides an integrated solution with complete detection and visibility of enterprise threats and accelerated incident response. The ProtectWise Grid delivers unique advantages over current network security solutions, including an unlimited retention window with full-fidelity forensic capacity, the industry's only automated smart retrospection, advanced security visualization, and the ease and cost-savings of an on-demand deployment model.
Founded in April 2013, the company is based in Denver and led by a team of security and SaaS industry veterans from McAfee, Palo Alto Networks, and Symantec. ProtectWise has raised more than $42 million in funding and was named to Network World's list of "10 Security Start-Ups to Watch." For more information, visit www.protectwise.com.
SINET is a “super connector.” We provide a series of platforms for the business of Cybersecurity to take place within the global ecosystem of the entrepreneur including venture capital, investment banking, system integration, academia, science, legal, policy, and industry as well as Government intelligence, military and civilian departments and agencies.
Our programs consistently attract the highest level of international industry and government executives. SINET is well known for its coveted and unparalleled networking opportunities. SINET programs are supported by Department of Homeland Security, Science and Technology Directorate.
Learn more at www.security-innovation.org. Connect with us on Twitter at @SINETconnection. Follow the conversation about SINET 16 at #SINET16 and this year’s SINET Showcase at #SINETDC.