Momentum Partners has completed their selection of the 40 companies to the firm’s annual Watch List from the 1,700+ cybersecurity companies the firm tracks globally. Input was carefully considered from Momentum’s vast network of cybersecurity professionals, investors, and corporate dealmakers in order to identify these 40 companies displaying tremendous momentum.
“For the second year in a row, we are delighted to complete the firm’s Watch List of innovative and breakout companies in cybersecurity,” said Eric McAlpine, Momentum’s Managing Partner. “The firm’s Watch List and our CYBERscape sector taxonomy are labors of love and impossible without the assistance of our vast network in security. Together, we identify those companies we believe are uniquely innovative and have tremendous business momentum. We are not perfect, although the firm does have a strong track record to date identifying early on those breakout companies that have gone on to raise significant rounds of capital at higher valuations and/or achieve attractive M&A exits for their investors and employees.”
“The team is vigilant in our coverage of the cybersecurity ecosystem and we encounter many vendors with tremendous momentum,” said Michael Tedesco, Momentum’s Executive Chairman. “As such, we do our very best to listen to our network to identify these truly innovative companies. Congratulations to their founders, their teams, and their investors.”
The Momentum Watch List for the second quarter of 2016 included:
- Cybereason: total endpoint protection platform including EDR and Next-Gen AV
- Datashield: next-gen managed detection and response services to mid-market and enterprise
- Lastline: advanced malware protection through a unique isolation and content inspection environment
- Morphisec: Moving Target Defense technology to thwart and analyze cybersecurity attacks
- Prevoty: RASP security, enabling enterprises to automatically protect their applications in production
- Stealth Security: stealthily secures online applications from automation-based attacks
- SentinelOne: endpoint protection that utilizes behavioral-based detection and automatic mitigation
- Templar Shield: GRC; strategy, consulting, hosting, managed services and VAR
- Uniken: mobile app & IoT security for authentication, transport beyond TLS & encrypted data at rest
- Vidder: enables secure trusted access to applications based upon Software-Defined Perimeter protocol