SAN JOSE, Calif.--(BUSINESS WIRE)--ShieldX Networks (ShieldX) today announced it has been named one of 10 finalists for the RSA Conference Innovation Sandbox Contest 2018. The nomination recognizes how ShieldX meets market demand for Cloud security that supports the cyber risk, speed, scale and budget requirements of today’s businesses. On Monday, April 16, 2018, ShieldX will showcase its information security solution to the Innovation Sandbox Contest panel of judges for a chance to be named "RSAC Most Innovative Startup 2018."
RSAC Innovation Sandbox Contest is the leading platform for entrepreneurial cyber security companies to launch their ground-breaking research and innovation in front of venture capitalists, industry experts, senior level business practitioners and thought leaders. The event gives startups the kind of visibility and validation that turn into rapid growth and increased funding.
“If you look at RSAC Innovation Sandbox contestants from the last five years alone, you’ll see more than $1.38 billion in combined investments and 12 acquisitions, proving the businesses that take this stage gain exposure to the right people at the right time to launch them to success,” said Sandra Toms, vice president and curator for RSA Conferences. “The submissions this year were noticeably competitive as we received exceptional entries from across the globe. I have no doubt this year’s presentations will be a must-see at RSA Conference.”
ShieldX was selected for this honor because of the company's innovative approach to Cloud security. With APEIRO, the ShieldX cloud security platform, businesses no longer have to make a choice between security, performance and cost. APEIRO meets business requirements for all three by elastically scaling up and down over commonly used virtualization platforms that the enterprise either already owns - or uses on a subscription basis. With its revolutionary “Indicator-of-Pivot” technology, APEIRO automatically tracks and prevents lateral movement to catch new attacks, like NotPetya, in real-time. These unique capabilities finally give CIOs and CISOs confidence that their migration into cloud services will meet business speed, cost and risk requirements.
Publicly launched in June 2017, businesses use APEIRO in data center and cloud environments to consolidate spend, reduce cyber risk and achieve regulatory compliance. ShieldX was named a Gartner Cool Vendor in Cloud Security in 2017 and has built strong momentum with customers, backed by an arsenal of awards and industry recognition. ShieldX addresses the cloud security for business segment, which the research firm MarketsandMarkets estimates will exceed $12.73 Billion by 2022.
"Traditional network security solutions weren’t designed to meet the scalability demands of the cloud, at least not in a way that is economically feasible," said Dr. Ratinder Ahuja, ShieldX founder and CEO. "The doubling of security incidents in 2017 highlights the urgency of delivering a better solution. As IT organizations move more toward Cloud, IoT, containerization and microservices, along with DevOps practices, ShieldX is the first to deliver a full platform capable of bringing traditional security controls that are needed more than ever into today’s environments where they are needed, in a way they can finally be effective.”
The RSAC Innovation Sandbox Contest will begin at 1:30 p.m. PT on April 16 at the Marriott Marquis in the Yerba Buena Ballroom. Dr. Herbert (Hugh) Thompson returns to emcee the contest, and the panel of five judges includes Asheem Chandna, partner at Greylock Partners; Gerhard Eschelbeck, vice president of security and privacy engineering at Google; Niloofar Razi Howe, tech investor and entrepreneur; Patrick Heim, operating partner and chief information security officer at ClearSky; and Paul Kocher, entrepreneur, researcher and IT security expert. The winner will be announced in front of a live audience later that day at 4:30 p.m. PT.
More information regarding RSA Conference 2018, taking place at the Moscone Center and the Marriott Marquis in San Francisco from April 16-20, can be found at: www.rsaconference.com.
Additional information about "RSAC Most Innovative Startup 2018" and Innovation Sandbox Contest can be found at: https://www.rsaconference.com/events/us18/agenda/innovation-sandbox-contest.
RSA attendees can arrange a private meeting with RSA Sandbox finalist ShieldX Networks by registering here: https://www.shieldx.com/rsa-invitation/.
ShieldX is reinventing cloud security to better protect organizations against cyber threats — regardless of where sensitive data resides or how it moves across public, private or multi-cloud environments. Organizations like Alaska Airlines, Park Holidays and Iowa State University are using APEIRO to scale security and micro-segmentation on demand, support business innovation, meet compliance requirements and protect against the latest cyberattacks. Since its public launch in 2017, the company has won industry recognition as a Gartner Cool Vendor in Cloud Security, RSAC Innovation Sandbox 2018 Finalist, SC Magazine Awards finalist, Cloud Awards finalist and winner of Infosecurity PG Awards “Security innovation of the Year.” Based in San Jose, CA, ShieldX was founded in 2015 and is privately funded through Series B. Visit us at ShieldX.com and Twitter @shieldxnetworks.
About RSA Conference
RSA Conference is the premier series of global events where the world talks security and leadership gathers, advances and emerges. Whether attending in the U.S., the EMEA region, or the Asia-Pacific region, RSA Conference events are where the security industry converges to discuss current and future concerns and get access to the people, content and ideas that help enable individuals and companies to win, grow and do their best. It is the ultimate marketplace for the latest technologies and hands-on educational opportunities that help industry professionals discover how to make their companies more secure while showcasing the most enterprising, influential and thought-provoking thinkers and leaders in security today. For information on events, online programming and the most up-to-date news pertaining to the information security industry visit www.rsaconference.com.